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Houses are selling fast, causing issues for each generation, and buyers are feeling the pressure
| "(Homes) are selling pretty quick,” said Cleia Tupper, an agent for Carpenter Realtors. “Some of them we sell within hours or days."
The fastest-selling market in the state is Whitley County, west of Fort Wayne, where the median time a home is on the market was just 41 days in June, according to data from real estate research firm Trulia. That's a brisk pace in a state for which about 62 days has been more typical.
| https://eu.indystar.com/story/news/2018/08/05/homes-selling-fast-indiana-and-buyers-feeling-pressure/768512002/
| Meanwhile here in Texas I pass the same houses for sale on my way to work for over half a year.
| >>381982 It's all about location, baby. Places like Texas and Arkansas have cheap land because there's so much supply and the demand is low.
| Canadian housing market is a shitshow. I sure love competing with rich foreigners who buy up all the surplus then leave them empty for speculation. Fuk
| Here in th NL its almost impossible to buy your first house right now. And renting is not exactly a good choise long term
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| Millennials are buying in, Gen Xers are moving up, and baby boomers are downsizing — driving brisk home sales in Indiana, and creating problems specific to each generation.
And they are all dealing with one reality, rising prices.
That's good news for sellers, but not necessarily for first-time buyers like Amanda Horan. She lost two hotly contested bidding wars before beating out competitors and offering $8,000 more than the asking price on her Fort Wayne home.