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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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