Posts about Real Estate Trends or Real Estate Statistics
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 home sales in Jefferson and Oldham Counties have, like previous months, trailed 2010 and only barely topped 2009.
This piece is going to show you why unemployment proves bigger factor than home prices or interest rates. 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 the three key financial indicators for real estate:
That’s two months straight with disappointing results in terms of real estate activity. Home sales in Jefferson County just haven’t picked up as some experts have predicted. I guess the only solace is that Louisville isn’t the only city experiencing these results and is performing on par.
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.…
When things get busy, I don’t always remember to post on this site like some of the others. My bad. But to make up for it, here are some real estate posts from Louisville Homes Blog recently:
As with our first post on this feature, home sales in the past two years have been roughly the same and a little better than the previous year.
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 your place here in Louisville, KY do the numbers indicate that you should continue to rent or buy a new home?
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 reasons is distressed homes.
There are so many ways to look at data. One could potentially create charts all day long!
We all have our perceptions. How could we not? We’re human after all.
It’s long been my perception (and maybe yours) that real estate agents make very good money. After you read this article, you’ll learn the truth of the matter.
(more…)It looks like there won't be a major upswing in home buyers/sellers in the upcoming year. At least that's what the experts are saying. So how can I improve upon…
If there’s one thing our society creates now more than ever, it’s data. They don’t call it the Information Age for nothing. As you would expect, real estate data, is no different.
Handling data can be a tricky business. This famous quote was directed at how numbers can be manipulated—“There are three kinds of lies: lies, damned lies, and statistics.” With that in mind, I try very hard to present all the information in an unbiased manner and let you make up your mind about how that affects your personal situation in regard to housing here in Louisville.
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.
Predicting the future is always a tricky business. Nothing is a “sure thing.” There are no “locks.” Learning from the past and studying trends is about all the real estate prognosticator can do.
