Fort Wayne Real Estate Market Update January 2023
Posted by Courtney Bontempo on
Fort Wayne, Indiana is a great place to consider if you're in the market for a new home. With a low cost of living and lower interest rates, it's an affordable place to call home.
One of the biggest challenges facing Fort Wayne's real estate market is the low inventory of homes available for sale. This is a trend seen across the country, as many homeowners are choosing to stay put due to the limited inventory available. However, this low inventory can also create a sense of urgency for buyers, making it a good time to purchase a home in Fort Wayne.
Interest rates have also been a factor since the middle of 2022 with rates doubling from the lows of early 2022. In recent weeks we have begun to see a lowering of the rates and are currenltey at around…
2875 Views, 0 Comments