Do Your Know Where You Stand with Your Realtor?
Every industry has its share of insider knowledge, quirks, and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. Why…
Articles and News about Residential Real Estate
Every industry has its share of insider knowledge, quirks, and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. Why…
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 Stockyards and Republic both posted healthy quarterly earnings.

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.

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 number is currently around 41%. Louisville real estate is far below both of these.

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.

As you might have heard, it’s a buyer’s market. Which is great! If you’re a buyer.

Inspired by The Wall St. Journal’s timely and relevant 10 Reasons To Buy a Home, I thought our readers would enjoy hitting the same points but with a hometown flavor. Now we have these reasons to buy a Louisville home.

Came across a great resource on real estate stats for Louisville, KY on Realtor.org. Lots to address but today I’ll just look at this first chart on home sales and growth since 2002.

“How much can I afford to spend on a house” is a relevant question that comes into the mind of thousands of homebuyers all over the world. To answer this question, the home affordability calculators offered by multiple lenders play an important role.

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.

The Department of Veterans Affairs (VA) supports specific home loans. These are called VA Loans and are available to veterans or active duty service members wishing to purchase a home. Since its inception, the VA loan program has helped nearly 18 million veterans and active duty service men and women achieve homeownership.

Just a reminder, Homearma 2010 runs from July 10th to the 25th. So that means there are only a few days left for you to visit this great event.

The Forbes.com website confuses me. I know they’re trying to have more pages, so each page can have more ads, thus more ad revenue, but as far as navigating it, I always find it frustrating.

This is a topic of great importance in today’s changing real estate market and one that we will continue to cover in this blog consistently.

Ever wonder where Area 8 ends and where Area 7 begins? So many times the maps used by the search forms are so small it's hard to see anything. I…