Housing starts continue to gain steam, rising 3.6 percent in October to their highest rate since July 2008, the Commerce Department reports. Housing starts have grown to about 40 percent of the 2.27 million peak reached in January 2006, Reuters reports. Housing starts in October reached a seasonally adjusted annual rate of 894,000 units. Most...
For the 12 month period spanning October 2011 through September 2012, closed sales in the Fort Wayne region were up 11.5%. The price range with the strongest growth in sales was the $300,001 and above category with a 33.5% increase. The overall percent of Original List Price received at the time of sale was also up .6% to 91.9%.
New Construction is finally seeing a recovery as well with a 16.1% increase over 2011 and the pending statistics reflect the same positive trend.
At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.
North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.