Realtor Magazine says that "Foreclosures are being listed at far less than what they likely eventually will sell for -- a marketing strategy that generates high interest and multiple bids, some say." As such, buyers of foreclosures need to be prepared to move quickly and come up with a lot more money. Some home buyers...
After several years of depressed new construction activity, things are really hopping again! The inventory of existing homes in Allen County is at the lowest level since 2004 which is causing REALTORS® and their clients to look a new construction as an alterntive. As a result, The North Eastern Group, Allen County’s largest developer of single family communities, has significantly increased production of lots to meet this new demand.
In addition to the gorgeous wooded lots added this fall to Azbury Woods in popular SW Allen County, the following projects are underway this spring and summer:
The Courtyards of Dawsons Creek – 18 new lots in this high demand 55 and over villa community in NW Fort Wayne.
Ravenswood – another cul-de-sac of single family homes in NW Allen County.
Quail Creek – also in NW Allen county. 16 new lots in addition to the 25 that were built last fall but are already sold out.
Hawthorne Park Estates – 18 more lots in this upscale NW Allen County community located off Crawford Road. This community has had a waiting list since it was first announced! The attention given to the livability of each home site and its location within minutes to the Parkview Regional Medical Center have driven the unparalleled demand for this community.
The Harbour Villas at Chapman’s Bridge – 32 villa lots in Chapman’s Bridge off of Wheelock Road.
Talon’s Reach – This brand new community will be located on Hathaway Road and will be fill a huge void in NW Allen County for home sites for homes starting at $250,000. This gorgeous piece of ground offers wooded sites, waterfront lots and even great walkout sites!
And finally, The North Eastern Group will be developing the site of the 2014 Parade of Homes in The Forest at Foxwood, with over a dozen lots on Douglas Lake, the largest man-made lake in Allen County at almost 16 acres!
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.