Louisville Real Estate as Investment
As we near year's end, thoughts of planning fill many minds here in Louisville. How did we do this year? Will next year be better or worse? How should we…
Real Estate News for Louisville Kentucky
Louisville Housing Market Getting Mixed Signals
The WSJ published this piece today—Home Prices Rise, Yet Confidence Fades—which highlights just how tricky things are in the housing market today. As always, you want to look at home buyers and sellers separately.
For home sellers, the fourth straight month of home value increases is a breath of fresh air after all they’ve been through. Home values are still down from highs that occurred in 2005 and 2006 (depending on the market) but it’s most assuredly a step in the right direction. As prices continue to rise, expect to see more sellers list their homes, especially in the Spring.
(more…)Louisville Housing Not ‘Out of the Woods’ Yet
There are a myriad of economic indicators that shed light on the future of real estate. Some, like mortgage rates, are extremely positive. Others are not. One is new home…
Kentucky Housing Offering Help to Louisville Home Buyers
There’s been a lot of attention given to the incentives offered by our National government. But there are five down payment and closing cost assistance programs currently being offered by our state government—the Kentucky Housing Corporation.
(more…)Louisville Awarded Top 10 Affordable Places to Retire
I’m not sure why Money magazine is doing a story called 10 Affordable Places to Retire, but in any event, they picked Louisville as the 20th best! Palm Springs has the weather, Pinehurst the golf but Louisville is getting national attention for our wonderful parks. This piece highlights the Louisville Loop which we talked about back in the Spring of 2008 as being a great move by our city to set itself apart.
Louisville Sees Home Sales Increase
Things are certainly picking up this summer. Whether they will continue to move upward through the Fall/Winter remains to be seen but come next Spring I expect a large number…
First-Time Homebuyer’s Tax Credit Questions Answered
First-Time Homebuyer's Tax Credit If all these tax credits are confusing you, never fear! Here's a simple, easy-to-understand source to make it all clear. In 2008, Congress enacted a $7,500…
Kentucky Ups New Home Tax Credit
As we had previously written about back in April, Kentucky Joins in Tax Incentives for Home Buyers, some changes have been made. Here’s how to know if you qualify.
Newsweek Says, ‘Now Is the Time!’
Their title is certainly eye-catching: Now’s the Time to Buy Your Dream House. Louisville home buyers don’t have to take just my word for it, now the national experts are starting to follow suit. (I wonder what took them so long.)
Time Waits for No Man
Much of this year’s real estate push can be attributed to the $8,000 first-time homebuyer’s tax credit and other government incentives. The deadline to move into a home and take…
Forbes Says Louisville 3rd Best Option in Region
According to Forbes America’s 100 Cheapest Places To Live, Louisville ranks as the third best option in the East South Central region, just behind Knoxville and Chattanooga.
Louisville Housing Market Improving
This piece in the NYT is aptly titled Home Sales, All Over the Map and that’s exactly the point! Depending on where you live, housing markets are extremely different from one another.
Louisville Beats Nation as Values Level Out
The data isn’t very different from when I posted Home Prices Drop Nationally, Louisville Holds Steady but with, perhaps a slightly better result.
(more…)Short Sales, Contract for Deed, Lease Options and the Exciting Life of a Real Estate Lawyer
Bold title there, huh? You might be wondering the reason. Well, I’ll tell you! I attended some Continuing Education today as a part of my real estate license requirements. I…
The Internet’s 8,253,047th Blog
I have several blogs already. I have a personal one where I live under an alias and talk about anything and everything that pops into my mind. It's a fun…