A group of Broker/Managers of several Southside Real Estate companies decided to work together to help improve the understanding of the real estate market on the Southside of Indianapolis. They chose to name the group the Southside Housing Alliance as it defined their location, their industry and their choice to work together for the benefit of their community.

Since its inception in late 2008, the Alliance has grown and now includes Owners/Managers of Southside housing-related businesses.

The goal of the Southside Housing Alliance is to increase awareness among the media and general public about the opportunities available in the current real estate market and to promote the value of homeownership.

The Southside Housing Alliance will proactively promote positive messages about the central Indiana housing market and disseminate local information to help consumers make informed real estate decisions.

Current market conditions make home buying attainable for many buyers. Highlights of current market conditions include: Low Interest Rates, Downpayment options as low as 3.5%, Available Mortgage Funding.

Despite struggling consumer confidence, now is a good time to buy a home. The cost of building a new home is down. The era of mortgage reform is good and will aid in restoring long-term stability. The first-time homebuying credit is set to expire in December 2009.

Central Indiana is a good place to buy a home, in any economy. The local market has been less impacted by current financial crisit than other more volatile markets. The concentration of quality-of-life amenities and infrastructure make a home in central Indiana logistically appealing for many potential buyers. Historically, central Indiana has always been an affordable market.

– February 13, 2009: Indiana Mortgage Bankers Association Press Release
– February 3, 2009: Southside Times Article on SHA
– January 26, 2009: SHA Press Release v2
– January 16, 2009: SHA Press Release