Fort Wayne, IN: A Beacon for Gen Z Homeownership
In the pursuit of Gen Z homeownership, our nation’s newest home buyers face obstacles across the United States. Fort Wayne, IN, however…
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60 Second Market Update – February 2024
Today I have a 60 second market update for you in follow up to our first sales meeting of the year conducted by our broker, Todd Stock.
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Market Update – December 2023
In December, Median Home Prices in Northeast Indiana rose +8.5% to $217,000 compared to December 2022 as New Listings increased 11.1% in the same period. Pending Sales were up 6.3% and Closed Sales were down -10.7%.
View details Market Update – November 2023
In November, Median Home Prices in Northeast Indiana rose +2.1% to $227,250 compared to November 2022 as New Listings increased 6.4% in the same period. Pending Sales were down 5.4% and Closed Sales were down -14.6%.
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Market Outlook 2024 – Part 4 of 4
Today we conclude our discussion on the market outlook for 2024. So assuming the US does hit its inflation targets and begins to lower rates, what does that mean for the real estate market?
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Market Outlook 2024 – Part 3 of 4
Today we continue our discussion of the market outlook for 2024. In their presentation, industry Insider Brian Buffini National Association of REALTORS economist Lawrence Yun discuss the fact that the Fed is targeting a 2% inflation rate.
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Market Outlook 2024 – Part 2 of 4
Today we want to continue our discussion on the market outlook for 2024. When we left off we were recapping 2023. As we were discussing, unit sales are down sharply this year to the lowest points since 1993.
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Market Outlook 2024 – Part 1 of 4
Today I want to talk to you a little bit about the market outlook for 2024. This week agents form our office got together to watch a presentation from a trusted industry insider and an economist with the National Association of REALTORS and we...
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Market Update – Have Prices Maxed Out?
Today I want to talk to you a little bit more about the report that we gave a couple weeks ago on the October 2023 market numbers.
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Navigating the Fort Wayne Real Estate Market and Delighting in December Festivities
As we step into the festive month of December in 2023, it’s essential to stay attuned to the pulse of the real estate market and embrace the joyous spirit of the season. Despite initial predictions, interest rates have remained steadfast at...
View details Market Update – October 2023
In October, Median Home Prices in Northeast Indiana rose +6.0% to $222,500 compared to October 2022 as New Listings were flat in the same period. Pending Sales were down slightly -0.8% and Closed Sales were down -7.2%.
View details Navigating Northeast Indiana’s Real Estate Landscape and Embracing Local Festivities
In Northeast Indiana, the real estate market is a unique blend of resilience and complexity. Despite facing stubborn interest rates above 7%, buyer activity remains robust. However, a curious phenomenon has emerged – sellers are hesitating to...
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