Exsisting home sales rose in the second quarter 3.8%. These sales are a result of lower interest rate, lower home prices and the first-time buyer tax credit. Indiana is one of the states that has seen double digit gains. The median sales price in the Midwest was 148,000 per home
See attached link from Realtor.com for more information on these numbers.
http://www.realtor.org/RMODaily.nsf/pages/News2009081201?OpenDocument
If you have any question in regard to the Northwest Indiana Real Estate Market give me a holler!
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