Recent Trends in the Local Real Estate Market
Demand for new homes is a trend that experts are seeing nationwide. However, locally, we are seeing an imbalance of supply and demand.
Posted: Mar 1, 2021 7:02 PM
Posted By: Hannah Follman
TERRE HAUTE, Ind. (WTHI) - Local realtors are saying that now is a great time to sell your house. However, prospective buyers may not be so lucky.
Although the real estate market here in the Wabash Valley is seeing high demand, the current supply cannot keep up with it.
One local couple shared their recent home buying experience with news 10. Daniel and Julie Plasencia are recent homebuyers in Terre Haute.
Groundhog Day Economic Forecast
Posted: Feb 2, 2021 8:35 PM
Updated: Mar 3, 2021 8:41 PM
Posted By: Hannah Follman
TERRE HAUTE, Ind. (WTHI) - Nationwide, there is still a lot of concern when it comes to the economy. Despite all of this, there is good news. According to Inside Indiana Business, the state of Indiana s economic position is likely to recover strongly.
The Indiana Economic Development Corporation said 2020 was the fourth straight record year for economic development deals. The corporation said they had 31,000 job commitments statewide.
The smaller economic shutdowns in the Wabash Valley, compared to other states, are one of the reasons the region was able to recover more quickly.