January Real Estate in Indianapolis

Hurray! Things look like they might be nosing up in the housing market. Showings seem to be up, and we have had more listings this month than the last 2 months. As for me, I'd love to see the national media get a handle on the negative spin they put on the housing market. Real estate is REGIONAL! Yes, Michigan, Florida and other states are really struggling. Indiana isn't the same market! In fact, I believe Indiana to be an "in the middle" state. We will never be at the top of the list for appreciation, crime, growth, gang wars or a housing boom. Neither will we be at the bottom. Characteristically, Indiana is in the middle. We don't often see the wide swings the east and west coast get. And, yes - theFlorida real estate market is hurting. They also came off 2004 through 2006 being banner years of appreciation. They saw mid-30 to high 40% appreciation. Now they are down some. Isn't that just a market correction? Indianapolis, on the other hand, is slow and steady. We do have a slump. But it's not in the tank! So, take the media hype about real estate disasters you hear of, and notice that they are NOT in Indiana. The old "take it with a grain of salt" addage is very applicable here.