Home values dipped in late summer to rebound in October, while sales putt-putt along. Year to date transactions trails behind 2009 as values are about where they were the same time in the previous year. Market report for Area 0 in Louisville, KY for period ending October 2010. This report is pub
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11/04/2010
The median home price for Jefferson County, Louisville KY dropped to $131,500 in October. That's down significantly from $137,650 the previous month. This is due to the increase in foreclosures, which drag down averages, as well as, the smaller number of transactions and the seasonal effect. S
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11/03/2010
Professional business people use contracts everyday so that all the parties involved know what to expect from each person involved. Real estate should be no different. Every industry has its share of insider knowledge, quirks and idiosyncrasies. Louisville real estate is no different. As society
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11/03/2010
I've written several pieces recently about how the current real estate market in Louisville is lining up well for certain profiles. The current freeze on foreclosures by some of our nation's largest lenders has muddied the water for getting your hands on capital. But local lenders like Stockyard
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10/27/2010
The National Association of Home Builders charts its members' outlook towards business in the future. This index is something they use to make decisions on behalf of their membership. News out this month that this index has moved up for the first time in five months. The index is still very low
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10/25/2010
I admit I'm late to the party but just now, I read that Kentucky topped the U-Haul yearly survey as the state with the greatest growth rate. Amazing! U-Haul International, Inc. today released the results of the annual U-Haul National Migration Trend Report, reflecting the nation's top growth stat
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10/21/2010
And the hits just keep on coming! We learned recently that Louisville was included in Men's Heath Best Places to Live 2010. Here's what their editors thought made Louisville so great. Sip Whiskey and Watch the World Go By LOUISVILLE, KY To some, Louisville is just bourbon, baseball bats, and a f
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10/19/2010
Experts think there are tremendous opportunities in real estate for those with financial means. It's no secret that the housing market has seen better days, to put it politely. In a typical market, distressed properties account for 7% of all home sales. Some estimate that nationwide, that numbe
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10/11/2010
Certain homes are better suited to rental properties than others but real estate investors can find a lot to like about Louisville. The Wall St. Journal had a piece earlier this week called 10 Best and Worst Markets for Real Estate Investors. It cites a Local Market Monitor, Inc. that looks util
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10/09/2010
I'm not sure that could make it any plainer than this: The Best Realtors Help People Some call it karma, others say the idea is related to the Golden Rule. Whatever the case, I'm finding it increasingly more evident that when I put my own needs/wants on the back burner, listen as hard as I possib
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10/08/2010