Is The Market Changing? Southern Indiana Real Estate Update
The real estate market in Southern Indiana has been red hot since mid-2020. Home prices have been rising steadily and buyers, faced with limited housing supply, have been paying often above asking price to get the house they desire.
Recently the market started to change, likely in response to higher mortgage rates. We have completed our review of the real estate market for the first half of the year 2023 and have shared it with our clients.
To review the full report, you can click on the link below to see what is happening with local home sales, home prices, mortgage rates, our predictions for the rest of the year, and more.
If you have questions about buying or selling a home in Southern Indiana, or you'd like to know what your house is worth in the current market, message us at 812Living@gmail.com.
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