Indiana’s capital, Indianapolis boasts a diverse and expanding economy. Home to several Fortune 500 Companies, The NFL Scouting Combine, and Grand Prix, this area is quickly catching the attention of real estate investors. HomeUnion’s data scientists compiled a detailed report and looked at how the following factors are shaping the economy of Indianapolis:
- The more than 1 million square feet of speculative industrial space under construction near the airport which will most likely be used as fulfillment centers for online retailers
- The low homeownership rate, and how that is a strong signal for real estate investors to invest in the area
- Strong school districts in the northern suburbs which create a high level of in-migration and strong demand for single family rentals
Learn more by downloading our informative report about Indianapolis. To search for investment opportunities in Indianapolis and 18 other markets across the US, register for an account at investor.homeunion.com.