Affordable housing is an issue that concerns everyone. Central Indiana has not experienced the housing boom that affects other regions, especially in coastal areas, but costs are rising here as well. How affordable is housing for residents of the Indianapolis MSA? SAVI can help answer this question through data provided by the Home Mortgage Disclosure Act, a law that requires reporting of federally-guaranteed loans.
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Increasing Mortgage ValuesMortgage values are increasing across the county, indicating an increase in housing prices. We explore the fastest changing areas, as well as places with very little little mortgage activity.
Income Inequality High Where Golden Hill and Northwest Indianapolis ConvergeIn the area where wealthy Golden Hills converges with the working-class neighborhoods of Northwest Indianapolis, income inequality is high and increasing. The area is also experiencing a growth of white households above the median income.
Neighborhood Change Study in a Front Page IBJ ArticleMatt Nowlin, Research Analyst, was interviewed for an article by Hayleigh Colombo in the Indianapolis Business Journal. This article showcases the change in neighborhoods like Martindale-Brightwood in Indianapolis since the […]
Mortgage Activity Growing Fastest Among Middle- and Upper-Income BorrowersThere were 50 percent more Central Indiana home purchase loans in 2016 compared to 2012. Among upper-income borrowers, the number of new loans went up 80 percent.
