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indiana market reports: Valparaiso and Porter County Single Family Home Market Report for July 2010 - 08/12/10 10:29 AM
The July reports from the Greater Northwest Indiana Association of REALTORs (GNIAR) MLS are in and mixed results are evident. The end of the homebuyer tax credit seems to have had a negative effect on median home sales that had before seen extremely high volume of sales.  Good news is seen in months supply of inventory above median categories of $200K-$500K, where sales decreased inventories.  Homes under $100K still remain the hottest with only 4.4 months-supply.  
Luxury home sales continue to struggle in the region, where high supply and low demand has kept inventories at high levels. With historically low interest rates, and an improving consumer … (0 comments)