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Affordability boosts Indianapolis housing marketĀ 

Housing Wire

Indianapolis, which had 880,600 residents as of July 2022, offers a very strong and steady real estate market that attracts buyers looking for a more affordable lifestyle. In November of 2019 the number of single-family homes for sale was at 6,000. 1 employer in the region is a hospital, IU Health, employing 23,187 people.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Government planners in our four-county region have until the end of this year to revise and then implement by mid-2025 their Comprehensive Plans for growth management to provide adequate space for housing, transportation and services (among many other aspects) to all its residents for the next 20 years.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

I also heard the same question from buyers this year. While early to mid-spring was frenzied ā€“ featuring waves of cash-carrying buyers with their contingency-absent offers ā€“ the housing environment settled down to a somewhat civilized pace by September and likely for the next few months. And that answer appears to be ā€œyes.ā€

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Create options for multiple modes of transport ā€“ bikes, cars and transit should all be factored in. David Goldberg, chair of the Land Use & Transportation Committee of the Seattle Planning Commission, is helping to lead the cityā€™s own 15-minute neighborhood. >> Only 24% of Black households can afford a new home at the U.S.

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SEATTLE ā€˜WALKINGā€™ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

It has been discussed in this newsletter the sharp decline in Seattle office occupancy; most recent stats show weekday worker foot traffic in downtown at 55% of July 2019 traffic, a figure that will likely increase ā€“ but by how much more? Only buyers and sellers who must move are doing so. While there were 5.8%

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire ā€“ at least through early summer ā€“ before possibly lowering a gear. One of the reasons for the continued home-sales intensity ā€“ in any season ā€“ is a key group of ā€œnewā€ buyers.