Updated 8 months ago on .

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Heat Check 🥵 I’m going to give early Spring market in Indy a heat check of 6.5/10. The image below shows inventory from 15 days back. As you can see we have more properties that have gone pending than are new, BUT we do have almost just as many price drops. It’s a weird market… well-priced deals are flying off the shelves while, sub-par deals are price dropping, sometimes multiple times.
Moral of the Story: When rates are still upper 6’s, junk inventory doesn’t move…

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- Tyler Lingle
- [email protected]

Roots Realty Co.
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Indianapolis, Indiana