Year-End Optimism Points to Improved 2011
Just finished reading this data-packed AP story: Optimism for '11 pushes consumer confidence higher. It leads with "Americans' confidence in the economy rose to a five-month high in November, showing…
Real Estate News for Louisville Kentucky
Just finished reading this data-packed AP story: Optimism for '11 pushes consumer confidence higher. It leads with "Americans' confidence in the economy rose to a five-month high in November, showing…
Rather than write my own piece on this topic, I thought I'd share Tara-Nicholle Nelson's well-written article called 5 MORE Foreclosure Myths - BUSTED!. Here are the key points. Myth…
Here in Louisville, we love to sing the praises of our city. So it's great to see that Bellarmine (in addition to beating Division 1 school, Xavier in basketball) was…
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.
(more…)For the second year in a row, Louisville's 21c Museum Hotel was voted the top hotel in America by Conde Nast Traveler Readers' Choice Awards in the United States. Here…
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!
(more…)U-Haul International, Inc. today released the results of the annual U-Haul National Migration Trend Report, reflecting the nation’s top growth states for families who moved during 2009. The report, titled “2009 Top 10 U.S. Growth States,” indicates that for states with more than 20,000 families moving, Kentucky had the highest percentage of growth, with 5.76 percent more families moving into the state than out. For states with 5,000 – 20,000 families moving, Vermont had the highest percentage, with a growth rate of 16.67 percent in 2009, moving Maine to second place after two years of ranking first.
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…
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 to utilize “equilibrium” home prices. These take into consideration what home values should probably be in relation to population, job growth, income, and other factors.
(more…)Just saw that Elite Homes received the opportunity to build another home for a deserving family on ABC's Extreme Makeover: Home Edition. The build is scheduled to begin with a…
My brother sent this link along and I wanted to share it with you. A new site called Abogo hands out transportation cost estimates simply by entering an address. According to the site, this is how it works.
(more…)Another cool award for our city that I recently came across was this mention from Bicycling Magazine where Louisville was ranked #21 on America's Best Bike Cities list for 2010.…
A quick little post to highlight yet another award for Louisville as a great place to live. This time Morningstar writes "Five Areas for Homebuyers to Investigate" where Louisville, KY…
Kiplinger and Forbes have been singing our city’s praises lately. Recently Forbes ranked Louisville 37th in Nation for Housing Recovery. Then Kiplinger named Louisville the regional winner for home price stability. Then, to top it off, Forbes claims Louisville real estate is the 4th most affordable in the nation.
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Just days after I posted Mortgage Rates Lowest in 40 Years we see a national story touching the same topic with Mortgage rates remaining at the lowest level in decades. (Think the AP is shadowing me?)
(more…)The last time home loan rates were lower was the 1950s, when most mortgages lasted just 20 or 25 years.
As in life, there’s good news and there’s bad news. Looking at our Louisville real estate home values and number of sales, we see that 2010 is a big improvement over 2009. That’s good news! But 2009 wasn’t a very good year, to begin with. That’s bad news. But now mortgage rates are at their lowest levels in 40 years.
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