LAFAYETTE, Ind. (WLFI) - Holly Thomas has been a realtor for more than 20 years.
She said she was here in Lafayette when Subaru of Indiana Automotive (SIA) first came to town.
"When they first opened and they first had the employees that were buying houses, we thought that was like nirvana, you know, it was great because there was all types of new people moving in to our community," said Thomas.
When SIA announced Wednesday the company would be adding 900 jobs, Thomas said it was something local realtors like herself can only dream of.
She said not only will the expansion bring new residents to Lafayette, it will help those who have already made Lafayette their home.
"Although not every position is going to entitle someone to buy a huge house, it's still a win for the community," said Thomas. "Those first-time home buyers allow the first time home buyer houses to move up to second houses. So, it will have a ripple effect on the entire market."
For those looking to put their house on the market, Thomas said the SIA expansion will be a big boost for their confidence.
"We don't have enough listings right now, there really needs to be more homes for people to buy," said Thomas. "So, if they see the economy is getting better and the housing market is getting better, maybe that will free them up to put their house on the market."
While these are all positive steps today, Lafayette Mayor Tony Roswarski (D) said the impact will last much longer.
"You won't see the impact tomorrow," said Roswarski. "But, as you look six to nine months, one year, 18 months down the road, those jobs announcements really will begin to affect the housing market in the community."
People across Indiana are bundling up against colder temperatures than parts of the state saw in either of the past two winters.
A northwestern Indiana planning board is expected to vote on whether to move forward with building the proposed Illiana Expressway that would connect Interstate 65 near Lowell with Interstate 55 south of Chicago.
An attorney for a southern Indiana man charged with murder in the death of his 20-year-old nephew says the shooting was an accident.