How Does Freddie Mac Report Apply to Louisville?
Yesterday, Freddie Mac issued a press release called August 2011 U. S. Economic and Housing Market Outlook. I've excerpted primary message below. MCLEAN, Va., Aug. 16, 2011 /PRNewswire/ -- Freddie…
Posts about real estate trends or statistics
My Home Is Dropping in Value?
I'm sure you've heard the phrase, "perception is reality". Take the value of brands, for example. People's perception of Tylenol as a safe, pain reducing medicine prior to 1982 was…
Louisville Housing Market Reports for July 2011
While we still have some ground to make up, after a mildly successful July there's still a chance that 2011 can catch 2010. There are not enough positive factors to…
Louisville Housing Market 7 Year Report, Period End May 2011
May has disappointed me greatly. I had far greater plans in mind only to see them dashed on the rocks. According to GLAR data, there were only 664 homes sold…
Louisville Home Prices Drop: Sellers Mourn, Buyers Rejoice
The Wall St. Journal doesn't focus on our local market but the points they make for the country as a whole can be applied to our situation. For some time…
Louisville Housing Market 7 Year Report, Period End April 2011
Another month of waiting is behind us. What have we learned? Not much... we're still waiting. April 2011 for both Jefferson County and Oldham County fell below the 7-year trend…
Louisville Home Buyers Are Choosing Deals Over New Construction
We all have heard that the housing market is "down." It's taking longer for people to sell their homes and some just won't sell at all. (This is primarily true…
Louisville Housing Market Report, 7 Year Period End March 2011
I took the time to add the historical trend-line to these charts as I do in our monthly Louisville Housing Reports. And the trend is nothing if not consistent. March…
Unemployment Proves Bigger Factor in Louisville Real Estate Than Rates, Prices
Experts like Donald Trump and John Paulson have been touting the benefits of investing in real estate since October 2010. On this site, we've highlighted the very positive positions of…
Louisville Housing Market 7 Year Report, Period End February 2011
That's two months straight with disappointing results in terms of real estate activity. Home sales in Jefferson County just haven't picked up like some experts have predicted. I guess the…
Louisville Home Prices Continue Slide
Thanks in large part to distressed homes (foreclosures and short sales) Louisville home values continue to take a hit as buyers believe every home purchase should be a great deal.…
Louisville Housing Market 7 Year Report, Period End January 2011
As with our first post on this feature, home sales in past two years have been roughly the same and a little better than the previous year. Still not recovering…
Louisville Rent vs Buy Data to Help You Make Your Choice
Just last week we published, To Sell or Rent Your Louisville Home, That Is the Question! Today we're looking at a similar topic just reversed. If you are currently renting…
Louisville Foreclosures Rise, Improvement on the Horizon
Given that interest rates, home inventories and average home prices are all favorably positioned for home buyers, why does the housing market continue to muddle about? One of the bigger…
Louisville Housing Market, 7 Years of Decembers
There are so many ways to look at data. One could potentially create charts all day long! Without going overboard, I do desire to give you useful information in a…