In February 2011 The Housing Affordability Index reached a record high of 192.3. The price adjustments that homes have experienced in recent years combined with the unusually low mortgage rates make this an outstanding opportunity for Buyers in Fishers, Indiana.

In 2006, the index average for the year was 108. This was before the housing bubble burst. Many Fishers Buyers were restricted from purchasing a home due to higher prices and higher interest rates. 

The National Association of Realtors releases the index at the end of each month. When the index is at 100, a median income family can afford a median price home. As the index increases, housing affordability increases.

Unfortunately, Buyers are not seizing the opportunities because they are uncertain whether they would qualify and if now is the right time to Buy a home. All markets are different and every situation is unique. The only certain way to determine would be to investigate your individual situation. You owe it to yourself and your family to visit with a member of The Evelo Team who can show you the real cost of housing and recommend a lender.

Looking for a home for sale in Fishers neighborhood. The Evelo Team is here to help!  As Fishers Real Estate Specialists, The Evelo Team can help you get your Fishers home for sale.  As a homebuyer, we can help you with any and all your Fishers home buying needs.  We’re only a click or phone call away at:  Team@EveloTeam.com or 317-863-4663 our direct line in the Keller Williams Realty Fishers Office.