Home sales down by 29% in January, reports Quadwalls
While the number of homes for sale in Northwest Indiana is up, homebuyers don’t seem to be that interested, according to Valparaiso-based Quadwalls.
While the number of homes for sale in Northwest Indiana is up, homebuyers don’t seem to be that interested, according to Valparaiso-based Quadwalls.
A report by the Greater Northwest Indiana Association of Realtors shows the Region’s housing market cooled last year.
Sales of existing homes in Northwest Indiana between January and August are down when compared to the same period a year ago.
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Pete Novak of the National Association of Realtors says diversified housing stock is essential to helping Region’s long-term economic growth.
Continued low interest rates and the ability for so many people to telecommute are fueling what was already a hot real estate market in Northwest Indiana, say Region experts.
The Greater Northwest Indiana Association of Realtors reported closed sales in its service area for 2021 totaled 12,110, up 3.8% when compared to 2020.
Sales of existing homes in Northwest Indiana fell for a fourth consecutive month.
Sales of existing homes in Northwest Indiana fell for the third straight month.
Sales of existing homes in Northwest Indiana have dropped for two consecutive months but overall year-to-date sales remain ahead of last year’s pace.