Strong Local Economy Driving Indianapolis Real Estate

[Ben G.]

Here is a link to a great article in the Indianapolis Business Journal that reveals what is driving Indianapolis's real estate sector that outpace the cities Midwestern counterparts:

http://www.ibj.com/articles/52119-strong-local-economy-driving-real-estate-sectors

"The job growth also is helping drive the huge surge in downtown apartment construction, as millennials enter the rental market. The number of apartment units (4,200) that came on line last year downtown equaled the entire amount built throughout the rest of the metro area."

“But I’m optimistic about downtown,” he said. “It’s undergoing rapid change, a renaissance.”

There's a huge opportunity for investors to snatch up some of these multifamily and single family residences in these neighborhoods in and around the downtown area.