Inventory low & price high, as Kokomo dev continue upswing

Across Indiana, real estate agents have gone to battle, fighting over a meager supply of homes as they juggle a growing number of potential buyers emboldened by a robust economy. And the amount those buyers are willing to pay is only going up. The state’s housing market, therefore, has come to mirror a situation in Kokomo that’s led to a notable sellers’ market and seemingly constant development. And the data shows, agree public officials and researchers, that there is a need for increased housing supply.


Source: Kokomo Tribune