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| May 25, 2012 |
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Indiana Realtors Love Their Small Towns
by Blanche Evans
Indiana small towns offer that relaxed lifestyle we all want, but when you get ready, there is always easy proximity to big city amenities in Indianapolis or Chicago. Fort Wayne
Zionsville
Mooresville
Gray adds, "Mortgage interest rates are at a record low even though they went up a little last month. Home sales are still at a record high. Many home owners are putting their homes up for sale, and purchasers are buying to take advantage of the lower interest rates. The supply of homes in the marketplace for purchasers to consider is excellent. The average days on market is about 90-120 days. The number of pending sales are up compared to this time last year. The cost of living remains below the national average." Highland
"Homes sales have remained brisk in 2003," continues Miley, "despite concerns on the economy in other sectors of the economy. In the period from April 1, through July 31, 2002, there were 71 homes sold, compared to 80 for the same period in 2003. Sales prices also increased for this same period in 2003, with the average sales price for 2003 in Highland going up from $121,076 in 2002, to an average sales price in 2003 of $133,846. This was influenced largely by the interest rate trend. Buyers realized that there might never be a better opportunity to afford their own home, and seller's took advantage of the opportunity to move up to their dream home!" Click here to view current Market Conditions in your location. Published: September 11, 2003 Use of this article without permission is a violation of federal copyright laws. Related Articles: |
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30 Year Fixed: 3.83% 15 Year Fixed: 3.05% 1 Year Adj: 2.73% (U.S. Weekly Averages) Today's Headlines 09/11/2003
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