Is The Real Estate Market Starting To Change In Central Indiana?
Yesterday the Federal Reserve raised interest rates 75 basis points. Could this be the event that signals a shift in the housing market?
Not so fast.
As rates continue to rise and mortgage applications plummet, there is no doubt that our Market here in Central Indiana will be impacted.
However, to see where we are going it might be helpful to see where we have already been.
For instance even though homes for sale in Central Indiana are up by over 35%, did you know that we still only have 62% of the housing inventory we had back in 2018?
How will this impact the local housing market moving forward? Watch below and find out.
Curious how we serve?
Questions or comments? Feel free to leave them down below.