Louisville Interest Rates Inching Upward
It was bound to happen. Rates can't stay low forever. Hopefully you've already taken advantage of the historically low rates. For example: A typical 30-year fixed-rate home loan at Louisville-based…
Real Estate News for Louisville Kentucky
Positive News For Home Sales
The Wall St. Journal is now talking about positive news regarding the housing market. There’s a change! But even this news, while positive, isn’t especially noteworthy.
Kentucky Joins in Tax Incentives for Home Buyers
Back in July, we posted about the First-time Homebuyer Gets Tax Credit Relief that was signed into law by President Bush. This was great news for home buyers. Then, early in 2009, the new administration made the following adjustments.
(more…)New Permanent FHA Loan Limits
The Federal Housing Administration (FHA) is a government agency that exists to help low income families and first time home owners achieve the American Dream of owning a home. The…
Tax Assessments Aren’t True Indicators of Value
Here in Louisville KY, our local newspaper is the Courier-Journal. They recently wrote a piece entitled, Some home assessments are dropping, and that's completely accurate! Some are dropping, but given…
Louisville Professor Gives Housing Market an ‘A’
The CJ published this article on Friday: Local economics expert: Louisville in good shape to ride out recession. I have to say, "Great job!" Not only is this expert's opinion…
Louisville Real Estate News
I started collecting some news links when the site went down so here they are en masse. Get your Louisville Homes Blog news and advice on your iPhone Mortgage rates…
Expert Predicts Major Improvement for Housing in 2009
Now, for every Alexis McGee, there are two or three critics who think that we haven’t seen the bottom of this housing downtrend. Who is Alexis McGee you ask? She’s the president of ForeclosureS.com who has access to a great deal of real estate data and she predicts a major rebound for housing in 2008.
PNC Buys National City to Become Kentucky’s Largest Bank
Did you hear the news? "We're #1! We're #1!" That's the cry coming from PNC as they essentially doubled in size after the purchase of failing National City become final.…
Finally, Louisville Featured on HGTV
Great gig if you can find it. Stephanie Mattingly must have been quite excited when HGTV contacted her to audition for one of their TV shows—"My House Is Worth What?"…
Fannie Mae, Freddie Mac Buyouts Push Interest Rates Lower
While there’s still a great deal of uncertainty among consumers nationwide, all the signs are pointing to better opportunities for home buyers here in Louisville.
First-time Homebuyer Gets Tax Credit Relief
Today, President Bush signed the recently-passed housing legislation (H.R. 3221) into law. This first-time homebuyer tax credit is now in effect. What does that mean for first-time homebuyers here in…
Canfield Plans Two New Developments
Certainly, the most aggressive residential real estate developer in Louisville these days is Steve Canfield. In what Business First calls a "gloomy outlook" Canfield is announcing two new housing developments.…
Louisville’s Foreclosure Rate Drops 48%
Companies and consumers alike are starting to catch on to the dangers of debt. While mortgage foreclosures continue to soar in many parts of the nation, filings in the Louisville…
Louisville Loop Trail Marches On
Proposed Map of a portion of Louisville Loop City Planners are working towards creating a 100-mile trail for bikers/walkers around the city of Louisville. They're calling it the Louisville Loop.…