More Homes, Low Rates Mean Lots of Opportunity in the Current Market!
Fact vs. Fiction
There is a lot of news swirling around about the housing market. So much of it is negative, hype–induced and down right confusing. You see and hear something concerning housing almost every time you turn on the news, look online or read the newspaper. What’s fact, what’s fiction? What is relevant to central Indiana? What isn’t?
It’s true across the nation, the housing market took some heavy hits in 2008. Locally, sales activity was down 14 percent, median sales price was off by four percent compared to 9.3 nationally. More than 25,000 homes sold in this market in 2008 – far from a stagnant market.
- Inventories are healthy, giving buyers numerous options
- Mortgage rates are lower than they have been in years and traditional mortgage money is readily available
- Central Indiana’s ranking as the most affordable major housing market in the nation continues
- New financial incentives designed just for first-time buyers give this new group of homeowners even more be excited about
A REALTOR® can help you navigate through the news and work with you to get the most out of this market.
Get Your Best Value
A REALTOR® can assist homebuyers and sellers with many time–consuming and complicated tasks. Some services include guiding you through the process of selling your home from beginning to end, providing comparable information about the prices at which other properties have sold, and sharing information about your home through the Broker Listing Cooperative™ listing service (BLC™ listing service) and on the Internet.
