Insider Discussion – Are Prices Leveling Out? What Does This Mean For You?
Insider Discussion – Are Prices Leveling Out? What Does This Mean For You?
Are prices leveling out? Here’s what it means for you!
Prices are still rising locally, but even if you are able to negotiate a lower price, rising interest rates can offset savings. Want to time the market right? 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.
Are Prices Leveling Out? Here’s What It Means for You!
Fort Wayne Market Insight – May 2025
If you’ve been watching the real estate market closely, you’ve probably heard chatter about home prices starting to “level out.” But what does that actually mean—and should it change your plans if you’re thinking of buying or selling?
Here in the Fort Wayne area, prices are still trending upward, just not as rapidly as they were over the last couple of years. That’s leading some buyers to think they can wait for a better deal. The truth? Even if you do negotiate a slightly lower purchase price, rising interest rates could cancel out any savings.
Let’s break it down:
A $10,000 drop in purchase price sounds great—until you realize a 1% increase in your mortgage rate could cost you more over the life of your loan. That’s why waiting for a price dip without considering interest rates can be a costly mistake.
For sellers, this cooling pace doesn’t mean doom and gloom. Demand is still strong in many neighborhoods, especially for move-in-ready homes. Strategic pricing and professional marketing are more important than ever, but homes are still selling—and quickly—when they hit the market right.
So what should you do?
- Buyers: Don’t try to “time the market.” Focus instead on monthly affordability and long-term goals.
- Sellers: Take advantage of continued buyer demand before higher rates impact budgets further.
- Investors: Watch for price plateaus—but don’t overlook financing costs when running your numbers.
Bottom line: The market is shifting, but opportunity still exists. The key is understanding how all the pieces—price, rate, demand, and inventory—fit together.
Curious how today’s market impacts your plans? Let’s talk strategy and find the right timing for you.
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“
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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 – Are Prices Leveling Out? What Does This Mean For You?…
… 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.
