The Fort Wayne real estate market has been gaining momentum over the past three years. Builders and real estate experts have expressed optimism about the recent influx of activity. According to the National Association of Realtors, Fort Wayne homes have seen a 12.5% increase in value in the past 12 months. The median home value in Fort Wayne is $106,300, which is roughly $100,000 below the national average. This makes Fort Wayne a very affordable market, which has made it more appealing to Millennials. Click Here – https://www.christopherellynhomes.com/we-buy-houses-fort-wayne-indiana/
The Best Ways to Find A Great Home in Fort Wayne
While Fort Wayne is a great place to buy a home, it can be a risky proposition. Although the cost of entry is low, rents are high. Fort Wayne properties have been a great deal for landlords due to their low price and rental demand. However, many investors don’t see the properties as good investments. Instead, they are sold to local folks who do a substandard job of maintaining them.
One of the best ways to find a great home in Fort Wayne is to use an online real estate database such as Point2 to search for available homes in Fort Wayne. The website allows you to search for homes based on a variety of criteria, including price range. The site will also help you narrow down your search by filtering properties based on recent price drop. Point2 also offers a wealth of information on Fort Wayne, IN real estate, including demographics and a comprehensive market overview.