The Indianapolis real estate market is diverse with both buyers and sellers alike seeking a variety of different properties. As a prospective seller, you can find out the market value of your property with a free home value report right here, or if you're looking to purchase in the Indianapolis area click here for full MLS access. Always feel free to reach out to us for any questions regarding the current market conditions, or the value of your property at 317- 863-4663
Knowing whether it's a seller's or a buyer's market is important if you are looking to buy or sell real estate. Right now, we have a seller's market in Indianapolis because there are many buyers, but there is not enough inventory to satisfy them. Sellers are currently having a lot of luck getting their homes sold in a very short period of time.
If you want to buy in this market, you have to be strategic in order to get the home you want. The most important thing you can do is get pre-approved right off the bat. When you're looking for a home in a seller's market, having a pre-approval letter will make a huge difference, as it gives you more leverage in a tough market.
Interest rates remain at historically low levels, which is great news for buyers and sellers alike. We're expecting them to stay low for the time being, but experts expect them to rise by as much as one percent in the not-too-distant future. Right now is not only the time to sell, but to get pre-approved and purchase a home while rates are low. Affordability is at its peak in Indianapolis, and you don't want to miss out!
If you would like to take advantage of these fantastic conditions, don't hesitate to give us a call or shoot us an email. We would love to hear from you!
