Elkhart County makes most improving housing markets list - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Elkhart County makes most improving housing markets list


Elkhart County makes a list... a very good list.

The county was on a list of the most improving housing markets called the "Improving Markets Index."

In fact, Elkhart County ranked 56th in the growth of building permits, 27th in price growth and 4th in the rise of employment.

After a rough 4 years, realtors started noticing improvement in February.

Tracy Jones from ReMax gave us her opinion about why sales are really taking off.

She says that it's "partially, because interest rates have started to go up, so maybe those buyers who were sitting on the fence are now starting to act. Realizing we had hit the bottom and we are now on our way to recovery."

Jones says they are seeing more full price bids and some bids over asking price and houses are selling much more quickly.

In Indiana, Elkhart County joins the Bloomington, Columbus, Evansville, Fort Wayne, Indianapolis, Lafayette, Muncie and Terre Haute metro areas on the July index.

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