September 3, 2015
FUELING THE MARKET
Recent housing trends indicate American families are moving out of large urban areas to smaller mid-sized cities. Realtor.com® recently announced that Fort Wayne was among the 20 markets receive that 1.5 to three times the number of views per listing compared with the rest of the nation. (http://realtormag.realtor.org/daily-news/2015/08/03/20-hottest-housing-markets-right-now) Some of the key factors that are spurring the move away from the nation’s largest cities are: the number of homes for sale per capita, the cost of living index, unemployment rate, median house income, crime rate rating and school quality rating.
WHY FORT WAYNE?
Fort Wayne, Indiana is located in the northeast corner of the state, it is a diverse industrial and commercial center with an attractive downtown and a friendly, small-town feel for a city its size. Fort Wayne’s cost of living is 16.30% lower than the national average and recent job growth has increased the number of jobs available in Fort Wayne by 5.31 percent. (http://www.bestplaces.net/city/indiana/fort_wayne) This thriving community was also ranked among the top 35 mid-sized cities for having one of the lowest crime rates in the nation. “Fort Wayne International Airport has expanded destinations to Charlotte and Philadelphia and overall flights have increased 15% this last quarter as compared to previous years,” according to Jessica Miller, Air Service and Marketing Manager, Fort Wayne International Airport Authority.
All these factors work together to make Fort Wayne & NE Indiana one of the most attractive Real Estate opportunities in the nation
POINTS OF INTEREST
Fort Wayne, Indiana is a city with a whole lot to offer. With an incredible array of cultural destinations, there is something for everyone. The historic Embassy Theatre downtown, constructed in the roaring 20’s, serves as the venue for concert tours, Broadway musicals, and a host of other events held throughout the year. In addition, the Fort Wayne Children’s Zoo has been repeatedly voted one of the top ten zoos in the nation and is celebrating its 50th year of operation this year. Fort Wayne is also home to an number of minor league sports teams, including the MILB Tin Caps, the ECHL Fort Wayne Komets, and the NBA Development League Mad Ants. Fort Wayne was recently voted the best place in the country for minor league teams. Over the years, the city has really built up a reputation for hosting some truly fun and unique festivals celebrating everything from food to different cultures to the arts. Almost every weekend from spring through fall there is something going on here in the Summit City. Fort Wayne is also keeping its rich history alive whether it’s through reenactments at the Old Fort or the Genealogy Center at the Allen County Public Library.
A stone’s throw away from Fort Wayne is a world renown collection of automobiles that are on display each year at the Cord Duesenberg Festival in Auburn, Indiana and throughout the year at the museum. The Northern Indiana Lakes Country proudly boasts of 101 sparkling scenic lakes and beautiful Pokagon State Park, perfect for any sportsman or outdoor enthusiast. With a growing number of wineries in the area, Northeastern Indiana is becoming a choice destination for those looking to spend time in the beauty of nature and unwind.