FORT WAYNE, IND., (WANE)-- - Here's a sign of a turnaround in the housing market: The annualFall Paradeof Homes has returned to Fort Wayne after a four year hiatus.The show began Saturday and it's adapting to the times.
Spacious decks, comfy breakfast nooks and one of a kind hometheaters are just some of the features on display in seven housesfeatured in this year's parade.
The homes are located in the Veracruz subdivision in AboiteTownship off Covington Road, just west of West Hamilton Road.
The all look very luxurious inside and out, but take note, thisyear they've all been scaled back.
"The price range is probably $270 to $350,000 dollars. We wantedto come down from the $500, $600,000 dollar homes we've done in thepast," explained Maurine Holle, Executive Director of the HomeBuilders Association of Fort Wayne. "A lot of people aredownsizing, they're losing jobs, they're going to smaller houses,so we're trying to get a better mix in the show."
Holle adds the focus is also on highlighting home services andproducts that are affordable.
Finding ideas that are easy on the eyes and wallet broughthomeowner Marci Micheal out for the show along with her mother.
"We're just getting ideas for maybe building a new house. Ideason maybe re-doing some of our rooms," Michael told NewsChannel15.
Monroeville couple Anthony and Chantal Shelton also came outlooking for some help Sunday. They've already built a new home, butare still trying to sell their old one.
"We might update some things on the interior, and possibly getit back on the market and sold while they still are doing thateight thousand dollar tax credit. Maybe we'll be able to move thehouse by the end of the year," said Anthony.
Even as hundreds get a peek at the homes, what the future lookslike for the housing market isn't so clear.
New home sales continue to rise, but slower than expected. InAugust, they rose 0.7 percent; a sign analysts say points to atentative recovery still.
Holle is optimistic that a change is right around the corner.She says,"Things are starting to pick up, it's starting to turnaround. I think we're seeing that out here at the show, people arestarting to come out and ask a lot of questions about buildingagain."
All homes featured during the Parade of Homes are for sale. Sofar, one's been sold.
The Parade of Homes runs through October 4th. The hours are noonto nine Monday through Saturday and noon to six on Sundays.Admission is nine dollars.
Holle tells NewsChannel 15 that on October 5th, the furnitureand accessories from four of the homes will go on sale.
The sale's tentatively scheduled from 9 a.m. to 1 p.m.
WANE-TV is a proud sponsor of the 2009 Parade of Homes.
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