IU Housing Report says Sales Up

I ran across this on twitter posted from the IBJ (Indianapolis Business Journal):  IU researchers say 2015 is banner year for housing sales  “Home sales across the state increased more than 6 percent in the one-year stretch ending June 2015 compared with the previous 12 months.  In fact, buyer demand proved so strong this summer that Hoosiers bought 9,080 existing homes in June alone—the state’s second-largest one-month sales tally in the past 12 years, according to the study.”  Unfortunately, as one of the commenters states, it the data looks like it was a banner year for real estate agents, not necessarily home builders…

Granted, it is mainly talking about Indy, but some of the information is salient to the housing conversation in Culver as well.

I need to write a follow up on the BZA meeting last Thursday, but there hasn’t been enough time for me to get my thoughts in order.  Suffice to say for now that it was interesting.

Image Source:  Clipart Panda