Indianapolis Real Estate Market

Posted by:
Dennis Nottingham
February 14, 2014
3 minutes, 15 seconds
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Booming Indianapolis

Real Estate market Indianapolis is the capitol of Indiana. According to the statistics, our city has slightly less than 800,000 residents. If we are looking from larger perspective, this city is ranked 13th on the list of largest cities in the States. City is known for many racing happenings and many lovers from around the country and even around the world love visiting this city and attending sports events.

Modest and steady growth

Counties such as Hamilton and Johnson have experienced modest and steady growth of real estate investments during the last decade. If we take a look at the current real estate market growth, we can freely say that Hamilton itself stands for the fastest growing county in the State of Indiana and even the whole Midwest. State of Indiana itself shows modest overall growth.

Indianapolis goes public

City of Indianapolis has been listed by many media means in the past. CNN Money greatly presented city of Indianapolis as the city with a great future with a local economy that grows faster than national average. Furthermore, Forbes Magazine spoke about this city in a very bright light, by placing him on the top 10 list of the best cities to purchase a Indianapolis home in the United States.

Factors that contributed to growth of Indianapolis

Well noticeable business investments resulted in lower unemployment rate and more overall stability in local economy. Great schools are just another factor that families consider when they decide to move to Indianapolis, since this city has well known schooling system in the place. Plenty of park and recreational facilities are available to residents in this affordable, but on the other hand still affordable housing market. Beautiful suburbs of Indianapolis Carmel is not just a candy, but also a nice Indianapolis suburb in Hamilton County with population about 80,000 residents and it is growing rapidly. School system has to offer 11 elementary schools and in addition to that 3 middle schools. This community built also a high school for its’ residents. Greenwood is just another great suburb that has a lot to offer. With population slightly lesser than Carmel, this beautiful place has 14 municipal parks with many playgrounds for kids and picnic areas as well as numerous tennis courts. This suburb is also known as the one of the key economic powerful players in the State of Indiana.

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