A frenzied Marion County home sales market means sellers are now cashing in on high profit margins, while buyers are being forced to make snap decisions just to secure a home.
The hot market is also putting a squeeze on renters, who are now seeing the availability of rental homes shrink and the prices skyrocket. As prices rise, experts fear many middle class workers may get priced out of the single-family home sales market.
The bottom line, real estate experts say, is Marion County has a huge shortage of homes to buy and places to rent. And, those same officials say, it will get worse before it gets better.