Why have Indianapolis and Fort Wayne been appreciating so much recently?
Its a nationwide thing I believe. With the strong economy, many people are looking for the types of homes that are good rentals (starter homes). Builders make more money making more upscale homes, so the supply of starters hasn't kept up with the demand. Thus, price increases.. especially at the mid-priced range.
@Aaron Moayed - it's a seller's market and there is more demand for houses then there is inventory. Competition is high which is forcing prices higher.
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing