Real Estate News for Louisville Kentucky

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.

Crystal ball image
One expert’s crystal ball says real estate in Louisville KY is going to take off in 2009.
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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.

Chart of mortgage interest rates
Mortgage interest rates through August 2008. | Source: www.federalreserve.gov/releases/h15/data.htm
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