The Indianapolis real estate market is shifting, and we’re seeing more expired listings and price reductions. With inflation, high interest rates, and an election on the horizon, this is an unprecedented time for all of us. Many experts believe this won’t resemble the market crash of 2007, and local Sheriff Sales data supports that. For every viewpoint, there’s a counterpoint, making it a unique time for buyers and sellers.
As an Indianapolis home seller or buyer, it’s important to make decisions that are right for your family. We can’t predict when rates will drop, and they’re unlikely to reach the 2% range we saw recently. Are we at the peak of real estate prices? The growing number of price reductions could indicate that we are. You might also be considering options like multigenerational living to manage costs in this market.
If you're looking to sell, pricing your home competitively is crucial. The Indianapolis real estate market has shifted, and buyers are seeking value. If you’re a buyer, now might be a good time to explore the option of or a home with more space for extended family living.
No matter what your real estate goals are—downsizing, relocating, or buying your first home—my team is here to help. Give us a call at 317-371-2622 and let’s get started on your journey to buying or selling a home in Indianapolis.
Need help managing your Indianapolis property property? Jim Johnson at 317-885-8858 has years of experience in property management, making it easier for you.
If a short sale is an option for you, it’s important to get the details right. Avoid foreclosure and lessen the impact on your credit. We can help guide you through the Indianapolis short sale process, ensuring your home is priced right to attract offers.
Whether you’re buying, selling, or managing a property, the Indianapolis real estate market is still full of opportunity. Let’s connect today!
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