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- A BIG $100,000 Vision in 1914: How 229 West Berry Helped Expand Downtown Fort Wayne
Today, we are visiting 229 West Berry Street , home to a striking piece of early 20th-century Fort Wayne history. In 1911, a local manufacturer Forest G. Gauntt purchased the southeast corner lot at Berry and Webster for $26,000 with plans to construct a modern 'flat building factory' for Gauntt Manufacturing Company. But plans changed and the concept for the kind of building to erect here was being reconsidered. The site previously held one of Fort Wayne's oldest homes, dating back to the 1830s. It was a 12-room frame house and was last owned by E.L. Chittenden, a former city clerk. Advertisements were placed in 1913 to have the house moved or removed but was razed in 1913 to make way for Gauntt’s vision. Gauntt and Indiana Engineering & Construction began building the ambitious 5-story office building for $100,000—a major investment in 1914! Construction started in April 1914, and by January 1915, at only 3 stories tall, it was already being praised as one of the most modern and completely equipped office buildings in northern Indiana. It featured marble and glass finishes, water to each office, and a grand vestibule leading to an elevator. Gauntt's building also featured 3 storefronts on Berry Street, and every office on the upper levels, including the interior suites, benefited from abundant natural light via a courtyard. 229 West Berry was also the farthest new office building from Calhoun Street’s central commercial district. It pushed the boundaries of the downtown business district further west along Berry, which up to that point was mostly residential. The building gained notoriety for only allowing "professional men' and 'medical practitioners' as tenants. While various medical professionals leased space well into the 70s, the initial concept didn't last long as shoe stores, dressmakers, publishers, and training schools quickly moved in by 1916. It became a highly sought-after location in those first few years. Wildwood Company, a publishing and construction tenant, is quoted as having moved there because of the “high grade of tenants, excellent services furnished by Mr. Gauntt, and the location.” In 1918, Charles Niezer purchased the building for $135,000. That same year, Anthony Wayne Institute moved in, praising the new building's terrazzo floors, mahogany woodwork, well-ventilated rooms, and proximity to the business district and one of the city's best residential neighborhoods. The Medical Protective Company purchased the building in 1919 and completed construction of the 4th and 5th floors in 1920, calling it the Medical Arts Building. After that, it had many names as various insurance companies and colleges owned and occupied the building into the late-1900s. Some may recall it as the Medical Protective Co. Building, Midwestern United Life Insurance Building, or Commercial College Building. As Downtown Fort Wayne saw a decrease in popularity in the 70s, vacancy increased and was fully vacant well into the 80s. That is until 1986 when the building was rebranded as the Financial Independence Center. Since then, 229 West Berry has been occupied by more typical office users, replacing the once popular medical professionals. And more than a century later, 229 West Berry stands as a reminder of our city's early vision to expand modern business. Today, there is one suite available for lease, and Sturges Property Group proudly manages this building as well. Contact Andrew Eckert or John Caffray to learn more about leasing office space. 260 424 8448 Article is written by Kendall Heiser and Amy Schuldt of Sturges Property Group.
- Luxury Meets Logistics: J+Space Studio Simplifies Renovation with Design Under One Roof
J+Space Studio provides seamless design-to-completion solutions for residential and commercial clients. Fort Wayne, IN – A new woman-owned interior design and project management firm is redefining how businesses and homeowners approach renovation and remodeling projects. J+Space Studio, founded by Interior Designer Jenni Poffenberger, has officially opened with a clear mission reflected in its tagline: Design. Detail. Deliver. By integrating interior design expertise with disciplined project management, J+Space Studio eliminates the most common renovation frustrations — miscommunication, delays, budget surprises, and decision fatigue. Clients benefit from a single point of contact, clear communication, and an organized process from initial concept through final installation. “Renovations can feel overwhelming for homeowners and business owners alike,” said Poffenberger, founder of J+Space Studio. “There are countless moving parts, and mistakes cost time and money. My goal is to bridge the gap in this industry, providing clarity, communication, and a sense of calm throughout the process. I deliver solutions and beautiful spaces, but I am very passionate about the client experience of how we get there.” J+Space Studio serves both residential and commercial clients, offering expertise across a wide range of project types. From paint and furniture or kitchen remodels to commercial interiors and space planning, they handle it all. The firm specializes in helping busy professionals and business owners navigate projects with confidence while protecting both the aesthetic vision and financial investment of each renovation. This full-service model ensures budgets, timelines, contractors, and materials are managed efficiently—resulting in cohesive spaces delivered on time and on target. Services include: ● Interior design and space planning ● Residential and commercial renovations ● Full-service project management ● Contractor coordination and oversight ● Furniture, fixture, and material selection As a female entrepreneur in the construction and renovation industry, Poffenberger brings a client-centered perspective rooted in communication, organization, and accountability. “I want people to feel excited about transforming their space — not stressed by the process,” Poffenberger said. “When the right systems and communication are in place, renovation can actually be an enjoyable and empowering experience.” J+Space Studio serves Northeast Indiana with in-person services and virtual services nationwide. For more information, visit the company’s website www.jspacestudio.com or @jspacestudio on social media. Article by: Northeast Indiana Small Business Center
- Turning 40 Before Buying? How the First-Time Homebuyer Timeline Has Changed and What Today’s Real Estate Market Means for You
For years, buying a first home was considered a milestone many people reached in their late 20s or early 30s. Today, that timeline has shifted significantly. Across the United States, the average age of a first-time homebuyer has climbed to around 40 years old, marking the highest level on record and reflecting how much the path to homeownership has changed. Fort Wayne realtor Emily Ewing says the number often surprises people, but it closely mirrors what she sees buyers facing every day. “Right now, the average first-time homebuyer in the U.S. is about 40 years old, which is older than most people expect,” she explained, “A decade or two ago, buying your first home in your late 20s or early 30s was pretty common, but today many people are waiting longer.” Several forces have contributed to this shift. Rising home prices, higher mortgage rates, student loan debt, and the challenge of saving for a down payment have all pushed that first purchase later in life. As a result, today’s first-time buyers often look very different than the stereotype many people still imagine. “In everyday terms, that means a lot of first-time buyers today are more established in their careers, may have kids, or are buying after years of renting, not fresh out of college like past generations often imagine,” Emily said. While the average buyer age had already been creeping upward for years, the pandemic-era housing market accelerated the change. Before 2020, many first-time buyers were still entering the market in their early 30s. But as competition intensified and prices surged during and after the pandemic, younger buyers were often priced out or forced to delay. “Before the pandemic, the typical age for someone buying their first home was generally in the early 30s,” Emily said. “But following the pandemic, especially through 2023, 2024, and into 2025, that median age climbed more sharply.” By 2024, the median age of first-time buyers had risen to about 38, and by 2025 it reached roughly 40 years old, the highest level recorded by major housing surveys. However, that national data doesn’t always tell the full story at the local level. In Fort Wayne and throughout much of Indiana, first-time buyers tend to be younger than the national average. Emily notes that affordability plays a major role in that difference. “Indiana and smaller Midwest markets tend to have younger buyers compared with national averages,” she said. “Even though people across the U.S. are generally becoming older when they buy their first home, areas with more affordable housing still tend to attract younger first-time buyers.” Statewide data from recent years supports that observation, showing many buyers under 35 were likely purchasing their first home, with some parts of Indiana reporting average first-time buyer ages closer to the late 20s. That trend aligns with Emily’s personal experience working locally. “In my personal experience, I work with a lot of first-time homebuyers in the 25–35 age range,” she said. Despite some encouraging local signs, Emily believes the broader national trend will likely continue, at least in the near future. Affordability challenges remain, and most forecasts suggest only modest improvement in mortgage rates and home prices. “Based on current data and expert housing forecasts, it does seem that the average age of first-time homebuyers will continue to trend upward,” she said. “The most important thing to do is save what you can.” She encourages buyers to prepare early and build savings in ways that work harder for them. “I specifically suggest to my clients opening a high-yield savings account,” Emily added. Looking ahead, Emily believes meaningful change would require homes to feel financially reachable again, especially for younger buyers. That could come from lower mortgage rates, slower price growth, or more entry-level homes being built. “When monthly payments drop to a level that feels manageable, younger buyers don’t have to wait as long to save, qualify, and feel comfortable making the leap,” she said. She also points to assistance programs and incentives as an important piece of the puzzle. Down payment and closing cost assistance, often offered through state or local housing agencies, nonprofits, or lenders, can reduce the biggest upfront barriers. “These programs don’t necessarily make homes cheaper,” Emily explained, “but they can make the upfront costs much more manageable, which helps buyers get in the door earlier.” At the same time, Emily sees an opportunity for builders to meet an underserved demand. “I believe many builders will start to build more ‘affordable’ homes for this data specifically. I personally feel like that is an untapped market for many builders,” she said. With higher prices and interest rates becoming the norm, first-time buyers today need a different approach than buyers did in the past. Longer planning timelines, careful budgeting, and flexibility around location, home size, or condition can open up more realistic options. “First-time buyers today benefit most from being informed, patient, and strategic rather than rushed,” Emily said. She also notes that the current market, while challenging, offers something buyers didn’t have during the pandemic years, time. “The market has slowed down, and it’s easier for buyers to think about their purchase decision than it was during the COVID years, when properties were flying off the market.” For buyers debating whether to wait or move forward, Emily encourages focusing less on headlines and more on personal readiness. “If you’re financially stable, plan to stay put for a while, and can afford the monthly payment comfortably, buying now can still make sense,” she said. “Waiting might help if you need more time to save, improve your credit, or reduce other debt.” Ultimately, she says, the right decision looks different for everyone. “The best move is the one that fits your budget, lifestyle, and long-term plans — not just what you see on the news.” As the average age of first-time homebuyers continues to rise nationwide, it’s clear that the path to homeownership looks very different than it did for previous generations. Higher costs and longer timelines have reshaped expectations, turning what was once an early milestone into a decision many people reach later in life. Yet, as Emily Ewing points out, local markets like Fort Wayne still offer opportunities for younger buyers willing to plan ahead, stay flexible, and explore available resources. While no one can predict exactly when market conditions will shift, one thing remains consistent: informed buyers who prepare early and make decisions based on their personal financial situation are best positioned for success. Whether someone is ready to buy now or still a few years away, understanding today’s realities and working with experienced local professionals can make the journey to a first home feel far more achievable.
- Artlink Launches 2026 with Midwest Regional, Storied, and Postcard Exhibitions
The Artlink 2026 Midwest Regional Exhibition, Storied, and Postcard Exhibition & Sale Launch will be open January 8, 2025 - February 8, 2025. There will be an opening reception on Thursday, January 8, 2025 from 5-8PM. Attendance is free and open to all ages! Artlink is located at 300 E. Main Street Fort Wayne, IN 46802 inside the Auer Center for Arts & Culture across the street from the Fort Wayne Museum of Art. About the 2026 Midwest Regional Exhibition Juried by professional artist and educator Dominic Mangila, our 2026 Midwest Regional includes work by 56 artists residing in the Midwest. Mangila selected a wide variety of works, both in material and concept, which in his words reflects the dynamism and diversity of art practices in the Midwest. Dominic Mangila said “I looked for inventiveness; a sense of wonder or questioning that is true to the artist; and sensitivity and pleasure in material exploration.” Storied: Narrative Art Whether it be a personal experience, a historical event, or an imagined tale, narrative artwork brings us together in a shared experience of curiosity and interpretation. This exhibition was open to artists who tell stories through their artwork and juried by Artlink’s Development Coordinator, Jen Brown. Postcard Exhibition & Sale The Postcard Exhibition & Sale includes postcard-sized artworks donated by artists from anywhere in the world. All postcards are for sale, with proceeds directly benefiting Artlink’s exhibition programming. Artworks by: Laurel Dugan (Storied) Laurie Hoen (Storied) Tanya Wilkinson (Storied) Elizabeth Busey (Midwest Regional) John Hrehov (Midwest Regional) Brian Ach (Midwest Regional)
- Housing Fundamentals Strengthen, Setting the Stage for 2026 Housing Marketing.
January is a fresh start and the New Year is the perfect time to set new goals and envision what's next. If homeownership, investing, or upgrading your space is on your list, this is a great moment to start planning. The market offers new opportunities each year, and preparation now can make all the difference later. I'm here to help you navigate options, timelines, and strategies that fit your goals! Existing Home Sales gained in November, hitting a nine-month high. The median price is just 1.2% higher than year ago, as affordability improves - wage growth has consistently outpaced home price gains over the past year. The National Association of Home Builders confidence index inched higher in December, and the report notes, "future sales expectations have been above the key breakeven level of 50 for the past three months." A new survey found that among buyers and sellers planning to enter the market soon, about 86% think 2026 will be a good year to make their move-and 75% of the agents surveyed agree.
- A Magical Holiday Experience: Once Upon A Royal Christmas at The Fairfield Wedding and Events
This holiday season, prepare to whisk your little ones away to a world of enchantment and joy at Once Upon A Royal Christmas, hosted at The Fairfield Wedding and Events in Downtown Fort Wayne. This festive gathering invites all young princes and princesses to join in an unforgettable celebration filled with holiday magic and fairy-tale charm. Photography by Allison Francois Event Details: When: Saturday December 20th Time slots available: 2:00pm or 4:00pm Where: The Fairfield Wedding and Events 1510 Fairfield Ave Suite 301 Fort Wayne, IN 46802 Price: $44.52 per Prince or Princess and $28.52 per Royal Chaperone USE PROMO CODE: RoyalChristmas2025 for $10 off ONE Prince or Princess ticket (limit 1 per group) Event Highlights: Participants will be welcomed into a dazzling royal ballroom where the air is filled with the sound of cheerful carols and the sparkle of snowflakes. The event promises a variety of delightful experiences designed to immerse children in the spirit of the season: 1. Royal Training: Young guests will learn the art of royal etiquette, mastering graceful twirls and curtsies, ensuring they move with poise fitting their royal status. 2. A Christmas Carol: Guests can join in the festive cheer by singing along to beloved holiday songs led by a spirited princess. 3. Story Time: Settle in for a heartwarming session as the enchanting book princess narrates a timeless Christmas tale, embodying themes of love, kindness, and courage. 4. A Crowning Ceremony: The magical experience ends with a royal coronation ceremony, where every child has the chance to be crowned in a celebration fit for fairy-tale royalty. Dress Code and Treats: Children are encouraged to dress in their finest royal gowns, tiaras, and princely attire to fully embrace the fairy tale experience. As an added treat, guests will be served magical refreshments, rounding out the enchanting experience. Gather your little ones and prepare for a memorable adventure this holiday season. Mark your calendars and secure your spot for the Once Upon A Royal Christmas event in Fort Wayne! For more information and to RSVP, visit Eventbrite https://www.eventbrite.com/e/once-upon-a-royal-christmas-tickets-1967647717290?aff=oddtdtcreator
- Discovering Luxury: Fort Wayne's New Porsche Showroom And The Transformation Off Illinois Rd
Fort Wayne is witnessing a remarkable upgrade in its luxury automotive offerings with the unveiling of the new Porsche building at 5709 Illinois Road, owned by The O’Daniel Auto Group. Currently one of only three “Gen 5” Porsche stores in North America, this facility signals a pivotal move for Porsche, which previously shared a space with Audi. By establishing a dedicated showroom, both brands can thrive independently in their meticulously designed environments. We had the privilege to speak with Greg O’Daniel about his aspirations for this cutting-edge facility back in December 2024. He articulated, “This exclusive Generation 5 facility is designed to enhance the customer experience and reflect the Porsche brand’s commitment to innovation and excellence.” With eight advanced service bays featuring the latest technology, the new facility promises streamlined maintenance and repair services. The showroom is outfitted with immersive technology, ensuring customers can easily select and customize their dream Porsche. In October 2025, The New Porsche Gen 5 Location Opens For Business Following the grand opening in October 2025, we had the pleasure of speaking with Ed Bean, a Globally Certified Porsche Brand Ambassador and salesman who joined the O’Daniel team in August 2020. Ed's role encompasses much more than traditional sales; he plays a key part in ensuring an exceptional experience for every customer. He shared, “What I appreciate about the way the O’Daniel Family and Porsche operate is that we are all responsible for the client experience. While my focus is on sales, I also make it a priority to ensure all guests are taken care of, keeping the lot clean and orderly, answering calls, and collaborating closely with my parts and service team. ‘That isn’t my job’ isn’t in our vocabulary. If a client has a request, problem, or question I can’t answer, I can always turn to a team of experts in every field to provide that client with the best experience possible in any situation.” When we asked Ed what he enjoys most about working at Porsche, he highlighted two key aspects: “I would say two things—the people that I’ve met and especially participating in track days and other events with them. I like teaching so it’s really fun watching people who have never experienced anything like that before and seeing their passion grow.” This sense of community and shared enthusiasm is a significant element of Ed's role. He further expressed the satisfaction of guiding clients through the customization process, noting, “It’s an amazing feeling to check off various specifications on the computer and then see a giant blue semi-truck pull up to deliver what you created. There are over 998,000 different ways to spec out one trim level of one model Porsche makes - each one is unique to you. Bespoke like a custom-made suit or dress.” These experiences not only reflect Ed's deep connection to the Porsche community but also showcase the joy he finds in sharing that passion with others. In addition to the vibrant community, Ed shared his thoughts on the new facility’s design, stating, “This building is amazing... I wish it was my house!” He appreciates the inviting atmosphere that encourages customers to explore and enjoy their experience. “It’s a relaxed and casual space to meet, hang out, you name it - we are here to help you,” he added. The thoughtful integration of amenities enhances not just the shopping experience but also elevates the overall enjoyment of the facility, making it a welcoming destination for all Porsche enthusiasts. Among the standout features of the new facility is the delivery room, which Ed described as one of his favorites. “We will stage sold Porsche’s in a large well-appointed delivery area for each client’s reveal. There’s a big TV where we can put their name and a special message to them. There is music and a thrilling intro video. For example, if you’re getting a 911, it’s a video of a 911; if it’s a Cayenne, then it’s a video of a Cayenne.” He added that this personalized touch enhances the excitement of receiving a new vehicle. Beyond the delivery room, Ed highlighted the overall design of the facility, emphasizing its uniqueness and modern features. “On the opposite side of the delivery room, there are a couple doors you can slide open that have paint swatches, leather samples, interior trims, custom painted keys, and anything you can think of for a fitting lounge.” He further expressed admiration for the open layout, noting that the glass that separates the showroom from service fosters transparency, builds trust, and displays the incredible work that goes into every service experience. “Everything is state of the art. They spared no expense.” “You can sit in the customer area and see right into the shop. It’s a show of faith that we are doing what we told you we were doing, giving clients the ability to see the services we provide, and the opportunity to admire other Porsche owners' vehicles which are there at the same time.” As for the separation from Audi, Ed shared his perspective: “I own both a Porsche and an Audi and love them both for their own unique strengths. This separation allows each brand to focus on its unique mission.” He values the distinct experiences each brand brings to the table while enjoying the benefits of working across both lines. Looking ahead, Ed expressed his enthusiasm for cultivating a vibrant community of Porsche enthusiasts in Fort Wayne. “In 2026, I expect we will be hosting a lot of events like ‘cars and coffee,’ focusing on creating a Porsche car culture and building on what we’ve established so far,” he shared. “It's important to partner with others and foster connections. It’s all good stuff; the opportunity is going to be amazing.” The new Porsche showroom in Fort Wayne is an exciting milestone for both the O’Daniel Auto Group and the local community. As one of Porsche's three Generation 5 stores in the country, it encapsulates the spirit of innovation and passion that defines the Porsche brand. With a strong emphasis on community, innovation, and excellence, this location is poised to become a central hub for both loyal fans and new customers. We would like to extend our sincere thanks to Greg O’Daniel, Ed Bean, and the entire team for their valuable time and insights. Brief History of The Local Hires Automotive Notably, this new site carries a significant history as it was once home to Hires Auto Parts, a family-owned business that has been a staple of the community since 1927. Founded by Aubrey “Doc” Hire, Hires began its journey in a modest storefront on 2030 Broadway, where Doc famously sold his family piano to cover the first month’s rent. Under the leadership of Richard Hire, who envisioned a large showroom filled with a diverse selection of auto parts, the business flourished and expanded to eight locations. Today, Hires Auto Parts remains a beloved local institution, operated by the third and fourth generations of the Hire family, continuing to provide exceptional service and support to the Fort Wayne community.
- A Sweet Spot For Every Family: Homemade Desserts, Allergy-Friendly, and Kid Approved, The Fort Wayne Mom Visits Moo-Over In Southwest Fort Wayne.
At the Fort Wayne Business Journal, we are excited to continue our collaboration with The Fort Wayne Mom, showcasing the vibrant and diverse experiences our city has to offer. In our latest segment, Caroline Britt and her family embarked on a tasty adventure at Moo-Over, an inviting ice cream and dessert shop that has recently found its new home at 6380 W Jefferson Blvd in Fort Wayne after relocating from Columbia City. Moo-Over is committed to crafting mouthwatering treats that cater to everyone’s needs. All of their products are egg-free, gluten-free, dairy-free, and peanut-free, plus select sugar-free and nut-free choices, ensuring that people with dietary restrictions, as well as those without, can enjoy these sweet creations together. Moo-Over was founded by Julie Hurd, a culinary visionary who started the shop out of a personal necessity. As she eloquently states on her website, "I loved ice cream, but ice cream did not love me back." After experiencing the frustration of limited dessert options due to food sensitivities, Julie dedicated herself to creating a space where everyone can indulge without worry. Sourcing many ingredients locally and using clean, organic components, Moo-Over aims to create joy in dessert, regardless of dietary restrictions. The Britt family’s visit to Moo-Over highlighted the essence of what makes this shop special. Upon arrival, Caroline noted the cheerful and welcoming atmosphere, praising the bright decor and warm hospitality of Julie and her staff. “Moo-Over has a happy and cheerful vibe,” Caroline shared. “We loved the details such as the clay plant pots the ice cream is served in and the adorable shovel spoons. These are such fun additions to the shop that the kids especially loved!” The excitement continued with the behind-the-scenes magic of waffle cones being made right before their eyes. In addition to this captivating experience, Moo-Over features a diverse menu that includes hand-dipped ice creams, shakes, tumbleweeds, and sundaes in a variety of unique flavors, as well as coffee drinks and baked goods. The local artistry displayed on the walls enhances the vibrant atmosphere, creating the perfect setting for Caroline and her family to savor the delicious selections available during their visit. Caroline and her family had the pleasure of sampling an array of delicious treats that quickly became favorites. They began with a flight featuring three unique flavors: Rocky Road, Coffee Crunch, and Cookie Butter Cheesecake, each one earning high praise. Caroline enthusiastically shared their top recommendations, including the Coffee Crunch and Cookies N Cream hand-dipped ice cream served in fresh-made waffle cones, the Turtle Town Sundae, a delightful layering of vanilla soft serve with caramel, hot fudge, candied pecans, and whipped cream, and the Berry Amour Sundae, which features vanilla soft serve in a waffle bowl topped with strawberries and strawberry sauce. Reflecting on their experience, Caroline shared “Julie mentioned that many people without allergies or restrictions love to visit the shop and enjoy the ice cream and treats as well. This ice cream shop is for everyone in the community to enjoy, and that’s one of the reasons we found it so special!" Eager to try everything from the perspective of a family without allergies, the Britt’s were impressed by how all items are made in-house with natural and organic ingredients, allowing them to truly taste the difference. “We loved the flavors of everything we had," she continued. "The kids did not notice or mention a difference from regular ice cream, but savored each bite. Each item tasted so natural and unprocessed, yet extremely delicious and sweet. We loved knowing we were eating clean ingredients without worrying about feeling bad after indulging in some pre-dinner treats. Moo-Over is definitely going to become a more regular spot for our family!” The Britt family left Moo-Over eager to return for more delicious treats. When asked what they were looking forward to on their next visit, Caroline shared, “We can’t wait to go back! Next time, we’d love to try one of the delicious-looking Tumbleweeds, a brownie sundae, and some of the baked goods such as cookies and donuts! We’re also excited to try their seasonal Christmas flavors as the holidays approach.” Caroline expressed her enthusiasm for having such an amazing and unique shop in the Fort Wayne community, adding, “We couldn’t recommend Moo-Over more!” Their experience clearly left a sweet impression, and they’re already looking forward to their next visit. As Fort Wayne continues to grow, so too does the importance of inclusivity in dining options. Moo-Over stands as a shining example of how local businesses can innovate to ensure everyone, regardless of dietary restrictions, can enjoy sweet treats together. Whether you’re gluten-free, dairy-free, or just seeking mouthwatering desserts made from clean ingredients, make sure to visit Moo-Over and dive into the delicious world of safe, joyful options. We’re honored to have such a vibrant member of the community adding sweetness to our lives! For updates and more information, be sure to follow Moo-Over on social media and experience the joy of indulging in delicious, guilt-free desserts.
- Fall Housing Market Snapshot: Steady Prices, More Inventory & New Listings
As the seasons change and the year begins to wind down, we're excited to bring you the latest market insights, showcase our newest listings, share valuable home safety tips to help you enjoy a safe fall season and highlighting community events. We are especially thankful for our wonderful clients who continue to trust us with their real estate goals. Your confidence and support inspire us to serve our community with dedication, care, and gratitude every day! REAL ESTATE UPDATE - MARKET MOVEMENT FLUCTUATES Late fall/winter are notorious for a slower market. A Lending Tree study found that homebuyers in January 2024 paid about $23,000 less for a 1,500- square-foot home compared to those buying in May, the most expensive month of the year. From 2015 to 2024, summer accounted for the largest share of home sales (29.1%), while winter saw the fewest (20.2%), showing that most Americans prefer to buy in warmer months. This data is no surprise to us! The market continues to show signs of stabilization rather than runaway growth: statewide median sale price is around $238,009 for homes sold over the past 12 months, according to a recent overview. Property Focus Sales activity has remained somewhat muted with inventories growing, giving buyers somewhat more options and less intense competition. For example, statewide listing activity is up and homes are spending longer on the market relative to the frenzy of the last few years. At the same time, while prices are still rising year- over-year, the pace is modest and buyers may have a little more room to negotiate compared to the tightest peaks of the market. Whether you're thinking about buying, selling, or just curious about your home's value, let's connect and make a plan that works for you. You can still sell your home in this market. It just takes strategy and skill from your local real estate agent! Stay updated on Allen County Real Estate with Emily Ewing at Fort Wayne Business Journal Monthly!
- Fall Market Insights: Why This October is Ideal For Homebuyers in Allen County
As the air turns crisp and October settles in, the real estate market is still moving with steady momentum. Whether you're thinking about buying, selling, investing-or just staying informed—this is a great time to take stock and make strategic moves before the holiday season kicks into full gear. I'm here to help you navigate the market, answer your questions, and support your real estate goals every step of the way! BUYER POWER RISES In Allen County Over the past year, Allen County's housing market has continued its steady climb, with the median home price rising approximately 3.9%. Sales volume is holding firm around 524 homes sold recently, which is signaling sustained buyer interest. Inventory, however, is slowly easing, giving buyers a little more breathing room than the ultra-tight market of recent years. Homes are spending a bit more time on the market as buyer negotiation leverage strengthens slightly. The takeaway: sellers are still achieving solid prices when homes are well-positioned, but buyers today have more options and should move decisively when they find the right property. Existing home sales stayed essentially unchanged in August, but inventories have risen almost 12% the past year, giving buyers more options, while the median price declined for the month, though it's still up a smidge from a year ago. Buyers May Find a Sweet Opportunity, Realtor.com says, Realtor.com notes: "This fall is shaping up to be the most buyer-friendly market in nearly a decade, with more listings and motivated sellers, " adding "buyers may find a rare sweet spot of opportunity. Whether you're thinking about buying, selling, or just curious about your home's value, let's connect and make a plan that works for you. -Emily Ewing emilye@northeasterngrouprealty.com
















