Tuesday, March 28, 2023


Nashville mourns six dead in the latest mass shooting, the EPA takes public input on a proposal to clean up Pennsylvania's drinking water, and find ways to get more Zzz's during Sleep Awareness Month.


A shooting leaves six dead at a school in Nashville, the White House commends Israeli Prime Minister Benjamin Netanyahu's decision to pause judicial reform, and mayors question the reach of state and federal authorities over local decisions.


Finding childcare is a struggle everywhere, prompting North Carolina's Transylvania County to try a new approach. Maine is slowly building-out broadband access, but disagreements remain over whether local versus national companies should get the contracts, and specialty apps like "Farmers Dating" help those in small communities connect online.

Indiana Housing Market Struggles with Affordability, Demand


Tuesday, March 14, 2023   

The spring home-selling season is here, but in some parts of Indiana, homeowners seem reluctant to put their houses on the market. The inventory of homes for sale in Indianapolis is down 20% over this time last year, according to the Metropolitan Indianapolis Board of Realtors or "MIBOR". But statewide, home-sale inventory is up almost 28%.
Prospective sellers face higher interest rates and fewer places they can afford when their home sells.

Greg Cooper, a broker with Compass Real Estate of Indiana said the market is sending mixed signals.

"There are tremendous numbers of terrible housing headlines across the country, but the reality in Indiana, even if it's modest or if it's significant, the reality is we still have a deficit of homes for people to buy, values are still going up - despite the fact that home mortgage rates are more than double what they were a year ago," he said.

The same factors may also keep more people renting this year. The rental-housing market in Indiana has grown by double-digits in the past two years. The National Low-Income Housing Alliance estimates the state needs 135,000 thousand more houses or apartments at prices that low-income renters can afford.

Some current home-sale listings are from owners with buyer's remorse, who fear they jumped too quickly in the aggressive market that sprung up during the pandemic. Cooper said a lot has changed in the last three years.

"Because we don't live exactly the same way that we did during quarantine and pandemic," he said. "So, there are people who are going back into the marketplace. And these are the ones who are really struggling because they had mortgages that were 3% or 3.25%, or whatever. And now, they're looking at 7 to 7.5%. So, those people have a ton of regrets."

The unprecedented home-buying fever started to cool in August. Cooper said the craze left some homeowners with repair bills for problems they missed in the crush, when they agreed to skip home inspections. The Federal Reserve Board meets March 22nd to decide whether to raise interest rates again.

get more stories like this via email

Black Americans are the most likely to suffer from insufficient sleep. (ChadBridwell/Adobe Stock)

Health and Wellness

March is Sleep Awareness Month and health experts say Americans are not getting enough of it. United Health Foundation data found more than 32% of …


Environmental groups are seeking greater input as California puts the finishing touches on its application to become a hub for hydrogen fuel productio…

Social Issues

This month marks 160 years since the first Medal of Honor was awarded by President Abraham Lincoln. More than a dozen of the 65 recipients alive …

According to The Medal of Honor Museum and Foundation, 3,514 men and one woman have won the Medal of Honor in service of their country from the Civil War to the present day. (Adobe Stock)

Social Issues

160 years ago, Civil War soldiers were awarded the first Medals of Honor. Now, a Medal of Honor Monument will soon be built on the National Mall in …

Social Issues

The meat processing industry continues to face scrutiny over labor practices in states like Minnesota. Proposed legislation would update a 2007 law…

A report published in late February says children of mothers who are abused or neglected were more likely to demonstrate symptoms and behaviors linked to depression, along with other health issues. (Adobe Stock)

Social Issues

New findings suggest health effects stemming from child maltreatment can be passed on to the next generation. In South Dakota, leaders in early-…

Social Issues

Mexican fast-food chain Chipotle will pay workers at its former location in Augusta, Maine as part of a settlement over labor law violations…


One Arizona mayor is among the more than 2,800 elected city officials in Washington, D.C., this week for The National League of Cities' Congressional …


Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021