Insider Discussion – Why Are Home Prices So High Right Now? Here’s the Real Reason
Insider Discussion – Why Are Home Prices So High Right Now? Here’s the Real Reason
Why are today’s home prices so insane?
It’s simple: More buyers, fewer homes, and high demand. But the market is changing and there ARE still deals—want to find them?
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.
Insider Discussion: Why Are Home Prices So High Right Now? Here’s the Real Reason
If you’ve been house hunting recently—or even just browsing online listings—you’ve probably asked the same question everyone else is asking: Why are home prices so high right now?
The short answer? It’s all about supply and demand. But the real story is a little more complex—and understanding it could give you a serious edge in today’s market.
- Inventory is Still Historically Low
Since the pandemic, the number of homes available for sale has remained well below average. Many homeowners are sitting on ultra-low interest rates (think 2–3%), making them reluctant to move and give up their mortgage deals. Fewer people selling means less supply—and less supply pushes prices up. - New Construction Can’t Keep Up
Builders have struggled to meet demand due to years of underbuilding, supply chain disruptions, and rising costs for materials and labor. Even now, while construction is picking up, it’s not enough to balance the scales. Starter homes are especially scarce, pushing entry-level prices higher. - High Mortgage Rates Aren’t Helping
While you’d think higher interest rates would cool down prices, they’re having a “lock-in effect” instead. Homeowners don’t want to trade their 3% mortgage for one that’s closer to 7%, so they stay put. This keeps the number of listings low, while pent-up demand keeps competition fierce for the homes that are available. - Institutional Buyers & Cash Offers
Investors and cash buyers are still very active, especially in hot markets. They often swoop in with strong offers, outbidding traditional buyers. This keeps prices elevated and creates tough competition—especially for first-timers. - The Psychology of the Market
Let’s not underestimate the emotional side of real estate. Many buyers fear that prices will continue to rise, pushing them to act fast and bid high. Others simply don’t want to miss out on their dream home. This urgency adds fuel to the fire in multiple-offer situations.
So What Can Buyers Do?
While the market is competitive, deals still exist—and preparation is everything. Get pre-approved, work with an experienced agent, and be ready to act fast on the right property. Don’t just look at list prices—look at value, long-term potential, and how the monthly payment fits your budget.
And remember: every market is local. What’s happening nationally might not reflect what’s happening here in [Fort Wayne or Northeast Indiana]. Want an insider’s take on where the opportunities are right now? Let’s talk.
Looking to buy or sell in today’s market?
Let’s discuss your goals and build a strategy that works for you. Message me today.
Michael J Archbold
Associate Broker, REALTOR, ePro
RE/MAX Results
8101 Coldwater Rd
Fort Wayne, IN 46825
c. 260-579-1516
e. Mike@MikeArchbold.com
w. www.MikeArchbold.com
Oh, by the way… if you know of someone who would appreciate the level of service I provide, please call me with their name and business number. I’ll be happy to follow up and take great care of them.
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 Home Prices So High Right Now? Here’s the Real Reason…
… 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.
