CNNMoney came out with an article last month about the most — and least — affordable cities in the nation. Not surprisingly, Indianapolis won out as the most affordable (tied with Syracuse). When the housing market collapsed, we took a hit, yes. But not nearly as catastrophic as most other areas in the country. We just stay “steady” here, for the most part.
Here’s the link to the article:
http://money.cnn.com/gallery/real_estate/2013/11/14/affordable-housing-markets/6.html
With home sales up over 16% year-to-date and our market tightening up, housing in Indianapolis continues to be strong and stable. Prices are on a steady rise as well. Here at “The Crossroads of America” we’re climbing back toward a healthier economy, and housing is leading the way.
Onward and upward! 🙂
The Landlord Chronicles 