Exploding Spring Home Inventory And Exciting April Events Calendar

The real estate market in Indiana continues its upward trajectory, propelled by a surge in prices and robust growth with exploding spring home inventory. February 2024 witnessed impressive gains across various metrics, painting a picture of a thriving market landscape.

According to recent data, median home prices in Northeast Indiana soared by a staggering 13.2% compared to February 2023, reaching an impressive $232,000. This substantial increase underscores the region’s attractiveness to both buyers and sellers, highlighting the robust demand and limited supply driving price appreciation. Additionally, new listings experienced a significant uptick, surging by 32.8% year-over-year, indicating a growing pool of properties entering the market.

The Upstate Alliance of REALTORS reports that U.S. existing-home sales saw a notable uptick in February, with a month-over-month growth of 3.1%. This increase exceeded economists’ expectations and marked the strongest sales pace since August 2023. Factors such as falling interest rates towards the end of last year, coupled with a recent uptick in inventory, have contributed to the positive momentum in existing-home sales. The Midwest, South, and West regions all reported monthly gains, reflecting a broad-based improvement in the housing market.

Despite the increase in inventory, total housing supply remains constrained, standing at 1.01 million units heading into February. While this marks a 2% increase from the previous month and a 3.1% increase from the same period last year, it translates to only a 3 months’ supply at the current sales pace. With demand continuing to outstrip supply, existing-home prices have continued to rise, climbing by 5.1% year-over-year to reach $379,100.

April 2024: Fort Wayne Events Calendar

As the real estate market flourishes, Fort Wayne gears up for a vibrant array of events and activities in April 2024. Whether you’re a prospective homebuyer looking to explore the city’s offerings or a resident eager to immerse yourself in the local culture, there’s something for everyone to enjoy:

Fort Wayne Events Calendar:

• April 1-5 | Mon-Fri 1-7PM
  • Rock Camp Spring Break ’24 at Sweetwater
• April 1-7, 13-14, 20-21 | Daily 10AM-3PM
  • Wild Zoo Spring Preview at Fort Wayne Children’s Zoo
• April 5-7 | Fri-Sun, times vary
  • Fort Wayne Rod & Custom Show at Memorial Coliseum
• April 6-7 | Sat-Sun 10AM-5PM
  • Shipshewana on the Road at Memorial Coliseum
• April 8 | Mon 10AM-5PM
  • Solar Eclipse at various locations including Science Central and LC Nature Park
• April 9-14 | Tues-Sun, times vary
  • Fort Wayne Tincaps vs. Lake County Captains at Parkview Field
• April 12 | Fri 7:30PM
  • Fort Wayne Komets vs. Indy Fuel at Memorial Coliseum
• April 13 | Sat 11AM-4PM
  • A Bohemian Bloom Market at Memorial Coliseum
• April 13 | Sat 8PM
  • Rumors ATL: A Fleetwood Mac Tribute at Clyde Theatre
• April 13 | Sat 6-9PM
  • Dinner Detective Murder Mystery Show at Courtyard by Marriot Downtown
• April 14 | Sun 5PM
  • Fort Wayne Komets vs. Toledo Walleye at Memorial Coliseum
• April 14 | Sun 11AM-4PM
  • Men’s Mart Collectibles Show at Indiana National Guard
• April 17 | Wed 7:30PM
  • RAIN: A Tribute to the Beatles at Embassy Theatre
• April 19 | Fri 7PM
  • Casting Crowns 20th Anniversary Tour at Embassy Theatre
• April 19 | Fri 7:30PM
  • Journey 50th Anniversary Tour w/Toto at Memorial Coliseum
• April 19-21 | Fri-Sun 2PM or 7:30PM
  • Fort Wayne Ballet presents Romeo & Juliet at Arts United Center
• April 19-21 | Fri-Sun, times vary
  • Fort Wayne Youtheatre presents Ruby Bridges at First Presbyterian Theater
• April 19-21 | Fri-Sun, times vary
  • All for One Productions presents Winnie-the-Pooh: A Dream of Honey at Auer Center for Arts
• April 23-28 | Tues-Sun, times vary
  • Fort Wayne Tincaps vs. Great Lakes Loons at Parkview Field
• April 26 | Fri, times vary
  • Wheelchair Basketball National Championship at Turnstone
• April 26-27 | Fri-Sat 1-5PM
  • Michiana Wine Festival at Headwaters Park Pavilion
• April 27 | Sat 9AM-5PM
  • Opening Day at Fort Wayne Children’s Zoo
• April 27 | Sat 10AM, sign up begins at 9AM
  • Race Against Racism 5k Walk/Run at PFW
• April 27 | Sat, times vary
  • Fort Wayne Ballet presents Madeline! at Auer Center for Arts
• April 28 | Sun 4-6PM
  • Fort Wayne Children’s Choir Spring Concert at PFW Auer Performance Hall
• ALL MONTH | Sat 9AM-1PM
  • YLNI Winter Farmers Market at Old East End Building
• ALL MONTH | Sat 9AM-1PM
  • Fort Wayne Farmers Market, indoors at Franciscan Center

With an eclectic mix of entertainment, cultural events, and community gatherings, April promises to be a dynamic and exciting month in Fort Wayne. Whether you’re in the market for a new home or simply looking to enjoy the local offerings, there’s no shortage of opportunities to engage with the vibrant spirit of this thriving city.

-Mike

Why Does RE/MAX Results Stand Out Among the Competition?

Simply put: Relationships. We pride ourselves not only in our professional service but more importantly in the personal touch we bring to our business. Has an agent/lawyer/contractor/vendor ever treated you like you were just another paycheck? The reason our clients come back time and again and refer all their friends and family to us is because they know we are part of the family.

Genuinely caring about the people we serve enables us to do things other agencies can’t. Rest assured, we will ALWAYS have your best interest at heart and work vigorously to get you the best deal possible on your home or business.

The relationships we build with our clients enable us to work 100% by referral. The reason we are able to give top notch service to our clients is because our clients refer us a constant stream of quality family and friends to assist in their real estate needs. While other agents are out making cold calls and chasing “potential” leads, we are freed up by our referral base to service our clients like no other broker can. We are never too busy for your referrals!

Want to experience the difference for yourself? Call or text me today at 260-579-1516.

“Professional Service with a Personal Touch“

We’re Here To Help

Are you or someone you know considering a home purchase? Don’t hesitate to call or text me, Michael Archbold, at 260-579-1516 and I will connect you with the best mortgage professionals in the business who can get you your score, discuss ways to improve it if necessary, and put you on the path to home ownership. Click here to read more about our Buyer Services. Click here to browse listings NOW! Looking to sell your home? Call today to set up an appointment to begin developing your customized marketing plan. Click here to read more about our Seller Services.

Hoosier Home Listings by RE/MAX Results is a full service real estate Web site serving Northeast Indiana. We assist residential and commercial clients in locating, buying, and selling real property in the State of Indiana including but not limited to the counties of Allen, Huntington, Wells, Adams, Whitley, Wabash, Kosciusko, Noble, Dekalb, Lagrange, Steuben and cities including Fort Wayne, Decatur, Bluffton, Huntington, Warsaw, Columbia City, Butler, and Angola. RE/MAX Results is an Equal Housing Opportunity company.

Hoosier Home Listings – Exploding Spring Home Inventory And Exciting April Events Calendar…

… brought to you by Michael Archbold, Hoosier Home Listings, and RE/MAX Results.

The consummate professional, Michael Archbold (Associate Broker, REALTOR, ePro) brings a diversified background to the world of real estate. Born and raised in Fort Wayne, Mike graduated Wayne High School in 1992. He received bachelors degrees in Accounting in 1997 from Indiana University and Information Technology in 2005 from Indiana Wesleyan University. Mike comes to RE/MAX with more than 20 years of experience in sales and accounting. He began his career in real estate in 2000 as an investor.