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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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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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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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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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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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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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 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 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...
View details In September, Median Home Prices in Northeast Indiana rose +12.4% to $235,000 compared to September 2022 as New Listings continue to decline down -10.0% in the same period. Pending Sales also continue to slide down -16.2% and Closed Sales were...
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Today I want to talk to you about the most recent market numbers coming out for August 2023. In short, interest rates hovering between 6 1/2 and 7% have not dissuaded Buyers… there are a ton of Buyers in the market.
View details In August, Median Home Prices in Northeast Indiana rose +11.2% to $239,000 compared to August 2022 as New Listings continue to decline down -6.1% in the same period. Pending Sales also continue to slide down -5.2% and Closed Sales were also down...
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