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Sales of existing homes in greater Northwest Indiana area finish 2018 up 1.6 percent from previous year

A drop in homes available for sale, rising prices and mortgage interest rates may have played a role in sales of existing homes finishing 2018 slightly above 2017. The Greater Northwest Indiana Association of Realtors reported sales of existing homes in the greater Region area totaled 10,849 in 2018, up 1.6 percent from 10,683 closed

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Assessing Supply and Demand

‘Confident’ market brings increased occupancy and higher lease rates. by Heidi Prescott Wieneke While vacant commercial buildings still dot the landscape in Northwest Indiana, plenty of heavy machinery and steel beams are creating new homes for expanding businesses. Occupancy is up–in some instances way up from a few years ago. That means higher lease rates

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Strong Spring Market

The year is already off to a hot start for single-family home sales. by Phil Britt In the spring a young person’s fancy lightly turns to thoughts of residential real estate. And young people, in particular the millennials who had largely been absent from the residential real estate market, will be driving what is expected

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Building a Healthy Future

Region’s construction projects are a sign of economic health. by Lauren Caggiano The construction industry is one of the prime factors and drivers of economic growth. It is not an exaggeration to say that significant movement in the construction industry is an indicator of the economic health. And if the amount of new commercial construction

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Optimistic Climate

Demand is high and the region’s attributes are attractive. by Jacqueline Von Ogden The state of the development in Northwest and Northern Indiana has, of course, had its peaks and valleys within the last decade. Remember 2009? Most want to forget it. We took the time to speak with leading commercial realtors who not only

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