Empowers members and strengthens the marketplace in central IN through collaboration, advocacy, professionalism education & innovation. 10,000 members strong.
The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home. View updated data:
nar.realtor/research-and-sta…
“Home-sales momentum is building,” Lawrence Yun, the chief economist at the National Association of Realtors said recently. Consumers have grown accustomed “to a new normal of mortgage rates between 6% and 7%,” he added.
realtor.com/news/trends/amer…
Chief Advocacy Officer, Chris Pryor and Director of Housing Insights, Brad Coffing weigh in on the importance and demand for missing middle housing.
ibj.com/articles/town-houses…
Buyers earning $100,000 can afford to purchase a home valued at up to $327,460 at a 6.8% rate. Nevertheless, if the rate were to decrease to 6.0%, the same buyer could afford a home priced up to $348,070 (6.3% more expensive).
nar.realtor/research-and-sta…
NAR President Kevin Sears issues statement in response to the Department of Veterans Affairs (VA) announcement of a "Buyer-Broker Agent Temporary Local Variance Circular." bit.ly/3VhS0w8
According to the latest REALTORS® Confidence Index, properties typically remained on the market for 26 days in April, down from 33 days. Learn more: bit.ly/2GFPb3O
April 2024 brought 4.14 million in sales, a median sales price of $407,600, and 3.5 months of inventory. The median sales price is up 5.7% year-over-year, and inventory was up 0.5 months from April 2023. #NAREHSnar.realtor/infographics/exi…
First-time buyers represented 33% of buyers, up from 32% in March 2024 and 29% in April 2023.
28% of buyers paid all-cash, flat from one month and one year ago.
nar.realtor/research-and-sta…
We’re excited to be sharing all the great things happening in our school community with #HamCoMIBOR. Be sure keep up with us by following along and visiting HSESCHOOLS.ORG@mapes_pat@MIBORBoard
In 2023, about 23% of first-time buyers used a gift or a loan from friends or family for the down payment of their house, according to the National Association of Realtors®. cnbc.com/2024/02/23/why-your…
BREAKING: @MIBORBoard has endorsed Mayor Joe!
“As Mayor Hogsett seeks a third term in Indianapolis, the MIBOR RPAC Trustees have extended their endorsement to him and remain committed to advocating strongly for housing, the local economy, and community quality of life issues.”