Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Cooper: Housing Market Swings Toward Sellers

Friday, April 14, 2017 05:08 PM EDT Updated: Monday, April 17, 2017 09:01 AM EDT

The Indiana realty manager for Berkshire Hathaway Home Services says the state’s housing market has changed dramatically over the last 24-36 months. "New construction is ramping up," says Greg Cooper. "We’re getting a lot of new home choices for consumers and a lot of properties that have been dated and somewhat obsolete are getting flipped and redone and re-entering the marketplace." He says nearly a decade after the housing bubble burst, for the most part, it continues to be a seller’s market in Indiana.

During an interview on a special edition of Inside INdiana Business Television focusing on the state’s housing market, Cooper discussed the outlook for the remainder of 2017. "We’re going to see a slow escalation of home mortgage rates, in addition to the general cost of borrowing money going to get a little more expensive," he said. "That may not be a terrible, terrible thing in the respect that we would go from a hardcore seller’s market in many cases to perhaps where buyers and sellers are doing it a little bit more out of necessity, instead of simply: there’s an opportunity."

Cooper also cautions buyers and sellers alike that cases of wire fraud are cropping up throughout the home purchase process. He says hackers have been discovered gaining access to email accounts, then using documents found in a victim’s inbox to change routing numbers during transactions and send the money to their own accounts.

Story Continues Below

Most Popular Stories

  • Vanderburgh commissioners to vote on rezoning for disputed Love’s Travel Stop

  • Factors in determining your company’s value

  • OpenLane to expand Canadian presence with $95M acquisition

  • Q&A with co-owners of Patoka Lake Marina and Winery

  • Armstrong named next CEO of Child Advocates

  • $5M boosts under-mattress device for heart failure patients

Perspectives

Factors in determining your company’s value

Factors in determining your company’s value

Determining the right asking price is crucial for a successful sale. An accurate valuation of your business requires considering multiple factors, such as financial performance, assets, intellectual property, customer base, and market share. Careful analysis of your business's unique attributes and the current market landscape can aid in setting a competitive and realistic asking price. Here are some key points to consider regarding the influence of market pricing on the timing of a company sale....

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service