Insider Discussion – Why Are Prices Still So High?
Insider Discussion – Why Are Prices Still So High?
Home prices are continuing to climb! Why?
Low inventory, high demand, and slow new construction keep prices climbing. Want strategies to buy smart? Let’s discuss.
I hope this information was helpful! If you are considering buying or selling a home, I would love to talk to you. I am a seasoned agent with over 24 years of experience in the local real estate market. I would love to be able to get you the financial result you desire from your current home to get you in to that Dream Home! Don’t hesitate to call me anytime at 260-579-1516 or you can email me at mike@mikearchbold.com.
Why Are Home Prices Still So High?
If you’ve been waiting for the housing market to cool down, you’re not alone—and probably wondering: Why are home prices still so high?
Even with higher mortgage rates in recent years, home values in many areas continue to climb. Here’s why:
1. Low Inventory
There simply aren’t enough homes for sale. Many homeowners are “locked in” with low-interest mortgages from years past and are hesitant to sell and trade up to higher rates. This has created a bottleneck—less movement in the market and fewer homes available.
2. High Demand
Despite rising rates, demand remains strong, especially from millennials entering their peak buying years. In addition, more people are relocating for work, lifestyle, or remote flexibility. With fewer homes on the market, even average listings can spark bidding wars.
3. Slow New Construction
Homebuilders haven’t kept pace with population growth. Rising material and labor costs, land shortages, and permitting delays have slowed down the pace of new builds. That means new supply can’t arrive fast enough to ease pressure on prices.
So, What Can Buyers Do?
✔ Get Pre-Approved Early: Know your budget and act quickly when the right home comes up.
✔ Widen Your Search: Consider neighborhoods just outside your target area—they may offer more value.
✔ Be Ready to Compromise: In today’s market, flexibility pays off.
✔ Work With a Pro: The right agent can help you spot overpriced homes and identify hidden gems.
Want to buy smart in this market? I’ve helped buyers navigate competitive conditions for over 20 years. Let’s talk strategy and get you set up for success.
📞 Call/text me anytime, or message me here to get started!
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 – Insider Discussion – Why Are Prices Still So High?…
… 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.
