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Affordability boosts Indianapolis housing market 

Housing Wire

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Coincidentally, one of my listings currently is in the UDistrict, three blocks from the rail station. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3%

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Create options for multiple modes of transport – 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 city’s own 15-minute neighborhood. increase in single-family permits over 2019. >>

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S.