The Southside Housing Alliance- A group of local real estate professionals met again yesterday, Feb. 2nd, 2009 to discuss the positive trends in the local Southside housing market. The agenda had many items attached to it but primarily focused on the amount of homes sold in Central Indiana in 2008. The number of homes sold exceeded 25,000 according to the Broker Listing Cooperative data (formerly the Multiple Listing Service).

The median sales price of homes for Central Indiana beat the National Median sale price with a decrease of 4% compared to a 9.3% decrease nationally. The focus of the meeting concentrated on the number of homes sold in 2008 instead of how many did not sell in Central Indiana.

The Alliance is in the process of putting committee's together to help get the positive news out to the public and other real estate professionals. The need to talk to our Legislature regarding the new tax laws was the last topic discussed and each company who attended the meeting had the option to donate money towards a marketing campaign to get the ideas conveyed to the general public.