For today’s market update, we’ll look at how things ended in 2019 and what’s in store for 2020.
How did our 2019 Southwest Indiana market end? What are the projections for 2020? Today I’ll answer both of these questions and break down the total numbers by county. 2019 was a great year for real estate sales, and experts predict that sales will increase in 2020 but inventory will remain low.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure:
0:33—The numbers from 2019 and how they compare to 2018
1:23—What 2020 has in store home sales, inventory, appreciation, and interest rates
2:30—What all this means if you’re a seller
3:26—What all this means if you’re a buyer
3:49—2019’s numbers by county
- Vanderburgh County (3:54)
- Warrick County (4:05)
- Spencer County (4:27)
- Gibson County (4:50)
- Posey County (5:04)
- Dubois County (5:14)
- Perry County (5:27)
5:46—Wrapping things up
As always, if you have questions about this or any other real estate topic or are thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d be happy to help.