A client asked me to pull together some numbers relating to bank owned property closings on the north side of Indianapolis in 2008 and 2009. I was curious too so I pulled the numbers for those areas and some of the hottest investor areas in the city.
Here are the results:
Northside and Indianapolis Foreclosures:
| 2008 | 2009 | % Change | |
| Carmel | 62 | 79 | 17 |
| Fishers | 98 | 113 | 15 |
| Noblesville | 88 | 120 | 36 |
| Westfield | 64 | 55 | -14 |
| Zionsville (Boone Cty / Eagle Twp) | 9 | 11 | 22 |
| Marion Cty - Lawrence | 365 | 329 | -10 |
| Marion Cty - Warren | 437 | 384 | -12 |
| Marion Cty - Wayne | 506 | 397 | -21 |
| Marion Cty - Washington | 304 | 227 | -25 |
| Marion Cty - Pike | 216 | 223 | 3 |
*Table does not include HUD and short sale properties.
The northern suburbs climbed a bit while Indianapolis fell. Is this bottom? Did we bottom last year? Who really knows. But what we do know is that you need strong representation either way - buying and selling.
We are proud to be extremely active representing buyers of foreclosures in metro Indianapolis. Click here to be added to our Indianapolis Foreclosures Alert.
Comments(0)