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Spring 2023 Housing Study
May 24, 2023
Central Indiana Housing Crisis: Declining Affordability Pricing Millions Out of the Market
The once white-hot demand for housing has now declined in Central Indiana. But it’s not because fewer people want to buy; it’s because more of them have given up. The unsustainable rate of price appreciation did slow last year – but as mortgage rates doubled to nearly 7%, this news did little to revive the hopes of weary home buyers. What’s…
April 18, 2023
What’s Next for the Central Indiana Housing Market? Economist’s Predictions for 2023
What goes up must come down. It’s a basic law of physics – and, as it turns out, of the housing market. But how far? How fast? When? And will it be enough to make housing attainable for hardworking Hoosiers, millions of whom were already priced out? What’s next for the Indiana housing market? Dr. Steven Byers, senior economist with the Common…
March 21, 2023
The WHY Behind the Common Sense Institute Housing Study
We know. We all know – you cannot help but listen to, read about, or see the challenges of the current housing market. Many of us are experiencing it firsthand. To put it bluntly: it’s rough out there. A post-pandemic boom sent prices soaring, and they have not yet returned to Earth. At the same time, rampant inflation led to rising mortgage…
Articles for Legislators
- Build Indiana Roots eBook6.30 MBPreviewApril 20, 2023BuildersCommunity MembersHOA'sLegislatorsAt Build Indiana Roots, we educate Hoosiers on achievable housing and advocate responsible, balanced housing policies, so all residents can achieve their home buying dreams. Download to learn more.
- House committee advances Indiana property tax relief bill—with major changesFebruary 10, 2023LegislatorsIndiana lawmakers on Thursday approved major changes to a proposal that seeks to provide Hoosiers with temporary property tax relief. But top GOP legislators cautioned the complex bill is still in its working stages, and other significant amendments are expected as early as next week.
- How Much Does a New Construction House Cost in 2023?January 9, 2023LegislatorsYou want your next home to be a perfect fit, and if you’re not seeing existing houses on the market meet your list of must-haves, building a home or buying new construction may be your best option.
- Millennial Homebuyers: What the 2023 Housing Market Looks Like for Gen Y and Gen ZJanuary 6, 2023LegislatorsMillennials were already having a hard time becoming homeowners, but as new data shows, 2022 only added fuel to the fire.
- Build-To-Rent Expands Across U.S.January 6, 2023LegislatorsThe desire to live in single-family homes remains high, and the build-to-rent (BTR) sector is working to meet this need.
- November Private Residential Spending DipsJanuary 6, 2023Legislators
Private residential construction spending declined 0.5% in November, as spending on single-family construction plunged 2.9%. Private residential construction spending fell for the six consecutive month, standing at an annual pace of $868 billion. However, this total remains 5.3% higher compared to a year ago.
- Attainable Housing Builder Testimonial – Gradison Design | Build32.53 MBFebruary 10, 2022BuildersCommunity MembersHOA'sLegislators
- Build Indiana Roots eBook6.30 MBPreviewApril 20, 2023BuildersCommunity MembersHOA'sLegislatorsAt Build Indiana Roots, we educate Hoosiers on achievable housing and advocate responsible, balanced housing policies, so all residents can achieve their home buying dreams. Download to learn more.
- House committee advances Indiana property tax relief bill—with major changesFebruary 10, 2023LegislatorsIndiana lawmakers on Thursday approved major changes to a proposal that seeks to provide Hoosiers with temporary property tax relief. But top GOP legislators cautioned the complex bill is still in its working stages, and other significant amendments are expected as early as next week.
- How Much Does a New Construction House Cost in 2023?January 9, 2023LegislatorsYou want your next home to be a perfect fit, and if you’re not seeing existing houses on the market meet your list of must-haves, building a home or buying new construction may be your best option.
- Millennial Homebuyers: What the 2023 Housing Market Looks Like for Gen Y and Gen ZJanuary 6, 2023LegislatorsMillennials were already having a hard time becoming homeowners, but as new data shows, 2022 only added fuel to the fire.
- Build-To-Rent Expands Across U.S.January 6, 2023LegislatorsThe desire to live in single-family homes remains high, and the build-to-rent (BTR) sector is working to meet this need.
- November Private Residential Spending DipsJanuary 6, 2023Legislators
Private residential construction spending declined 0.5% in November, as spending on single-family construction plunged 2.9%. Private residential construction spending fell for the six consecutive month, standing at an annual pace of $868 billion. However, this total remains 5.3% higher compared to a year ago.
- Attainable Housing Builder Testimonial – Gradison Design | Build32.53 MBFebruary 10, 2022BuildersCommunity MembersHOA'sLegislators
Blogs
What’s Next for the Central Indiana Housing Market? Economist’s Predictions for 2023
What goes up must come down. It’s a basic law of physics – and, as it turns out, of the housing market. But how far?…
The WHY Behind the Common Sense Institute Housing Study
We know. We all know – you cannot help but listen to, read about, or see the challenges of the current housing market.…
The Financial Distance Between Affordable, Attainable & Current Housing Stock
You’ve heard the common, and usually inspirational, proverb: A journey of 1000 miles begins with a single step. But…
The Unaffordable American Dream: Most Hoosiers Priced Out of the Housing Market
In 2021-2022, the housing market wasn’t just hot. It was scorching. Low inventory and strong demand created a perfect…
3 Housing Trends Shaping the Indianapolis Rental Market
More Americans are opting to (or have to) rent their piece of the American Dream. When we look at the reasons behind…
Who Supports Attainable Housing?
Who supports attainable housing? Think of it like this: Can we build strong communities if 61% of Hoosiers are priced…