According to the Daily Real Estate News, new home building is up in May. The Commerce Department reported Tuesday that groundbreaking for single-family homes edged up 3.2 percent in May, reaching its highest level since December. Single-family construction is now up 26 percent from year ago levels, as the new-home market continues to inch toward recovery.
North Eastern Group, Fort Wayne’s largest land developer, has experienced robust sales in Hawthorne Park Estates, a high end community on the northwest side of the county near the new Parkview Regional Medical Center. They anticipate similar success with the third section of Quail Creek located in the same vicinity catering to home buyers in the $140,000 – $200,000 price range as well as the third section of Azbury Woods located in popular southwest Fort Wayne less than 4 quick miles from Lutheran Hospital on US 24 and I-69.
North Eastern Group Realtors toured the home sites in Azbury Woods this afternoon despite the record heat so that they can be well prepared to assist their clients. These wooded home sites have walkout potential and overlook acres of wooded common area or are an acre or larger off of their own private lane. Homes will most likely be $300,000 – $350,0000 and up. Clients who work with North Eastern Group Realtors will have the inside track on these one of a kind lots.
At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.
North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.
Statewide housing market performs well; all eyes on jobs numbers for the remainder of the year. (INDIANAPOLIS, IN) – With today’s release of their monthly Indiana Real Estate Markets Report, REALTORS® report that the statewide housing market performed well during May and that a number of encouraging patterns have taken hold. For example: • The median...
The Daily Real Estate News for Tuesday, June 05, 2012 reports that there are signs of a Seller's market developing in housing. They report that although it has been mostly a “buyer’s market” in the majority of housing markets for the past few years, more Americans are seeing the home buyers’ advantage slipping away. According to the...