Latest Indiana Real Estate Report

ALLEN COUNTY, Ind (WOWO): More of the same in the latest Indiana real estate report and that means good economic news. The latest monthly report card shows closed home sales up just under 20 percent. Median sales price is up, as well.

In Allen County, it’s a 22 percent increase in sales, with a 5 percent increase in median sales price.  Analysts say low interest rates have lured consumers to the marketplace and a lower inventory of homes is creating a more competitive environment putting homeowners in a better equity position.