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Old 08-21-2008, 05:58 PM
 
Location: Turn Left at Greenland
17,594 posts, read 24,568,044 times
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Quote:
Originally Posted by Mkach View Post
Wow thats for all the help guys!!! I have lots of places to reasearch now

Two more questions for you guys. First, flooding- how widespread was it? We have it on our home buying list but is it something that we should be super wary of? Second, how is the housing market there? Here in Detroit there is a dozen houses for every buyer.

Thanks for all the help guys and gals. Hopefully hubby gets the job and we will be transplanting
Market is down ... like most places. Lots of inventory. Not sure of the ratio though .. MikiJayne???

Flooding is so random. Down here in Columbus, we had a ka-jillion year flood this summer. I remember hearing about places in Noblesville flooding, but that's near the White River.
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Old 08-21-2008, 07:01 PM
 
Location: Houston-ish, TX
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The market is not great but not as bad as in other parts of the country. We never had huge increases and therefore don't have a huge decrease either. The inventory is starting to decrease, which is good. I don't have a ratio, but it is a very good time to buy. There are lots of great homes to choose from, but beware that they are already mostly priced well. Don't expect to get away with lowball offers.
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Old 08-22-2008, 01:16 AM
 
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It's further out than Avon, Greenwood and Fishers, but Columbus, Shelbyville, and Greensburg are options. I grew up close to the latter, and it's still small even though it's experiencing a boom. And $125,000 there will buy you a nice, if not very nice home with a large lot. Lots of new subdivisions but lots of other homes on more established streets are for sale. Most areas are walking distance to school and it's very safe. Columbus is larger with very good schools.

As far as flooding, most of it happened this past year near Franklin and Columbus along the White River. Columbus' hospital is still closed due to the flooding, but it sits right along a large creek. It's expected to open soon though. This is the second flood I remember Central and Southern Indiana having - the first being the Ohio River flooding years ago. Here's a link that lists towns affected, go to Indiana and it's under "Impact": June 2008 Midwest floods - Wikipedia, the free encyclopedia
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Old 08-22-2008, 08:52 AM
 
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ok so what I am understanding is the flooding is not a yearly thing that you can expect again and again each year. When we start our official looking I will keep it all in mind. Thanks you guys
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Old 08-22-2008, 10:24 AM
 
Location: Turn Left at Greenland
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It's just random.
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