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Real Estate
The 26 US counties where homeownership is now unaffordable: report
(NEXSTAR) – Over the past few years, many people around the country have watched home prices in their humble hometowns quickly grow out-of-reach. A report by MoneyGeek identified 26 U.S. counties that have made that shift since 2019. To compile its list, MoneyGeek said it looked at counties with more than 250,000 people that are seeing population growth. From there, analysts looked at how much home prices have gone up since 2019 and compared the cost of owning a home to the area’s median income.
New housing development planned for SE Fort Wayne
The City Council is expected to approve a TIF loan for a brand new housing development on the city’s southeast side that would be the first market-rate project in a half century. Roosevelt Reserves, developed by Southsider Jerry Starks, is due to receive a $5.2 million boost Tuesday. The...
Stats show Allen County homes selling above asking price, hurting first-time buyers
FORT WAYNE (WANE) – Buying a home can be a stressful process. In the current market, it is extremely difficult because there are so few houses available. The Upstate Alliance of REALTORS (UPSTAR) shared stats with WANE 15. The graph below shows the percent of list to sales price...
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