Indianapolis Property Management Update: Rental Statistics Q1 2024
The curse of increased Days on Market (DOM) has made a fierce comeback in Indianapolis. In Quarter 1 of 2024, it took an average of 59 days (yes, 59!) to lease a home in Indianapolis. This echoes the less-than-ideal trends seen in Q1-Q3 of 2023. This serves as a stark reminder that investors are struggling […]
Indianapolis Property Management Update: Rental Statistics Q4 2023
In the fourth quarter, a significant shift occurred as Indianapolis managed to break free from the 50+ days on market (DOM) curse that has persisted. October and November witnessed a refreshing change, with the City experiencing mid-to low 40s in terms of DOM for the first time in 2023. However, things took a turn in […]
A Breakdown of 2023 and What it Means for 2024
Last year, we made predictions for what 2023 would bring. And while it did not bring back the return of a normal market, like we had hoped, it did prove to be fairly predictable. In this blog, we look back on our predictions to see how close we came to forecasting 2023. Then, we will […]
Fannie Mae Offers 5% Down Payment for Multi-Family
Fannie Mae Announces 5% Down Payments 5% Down?? You aren’t just hearing things, Fannie Mae recently announced a huge policy shift when it comes to down payments for multi-family. Previously, the down payment requirement for multi-family homes was 15%-25% of the property’s sales price. In November Fannie Mae introduced a 5% down payment option for […]
