Posts about Real Estate Trends or Real Estate Statistics

10 Reasons To Buy a Louisville Home

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.

Photo of a family with their new home
Do you want to buy a Louisville home? You’re not alone.
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Expert Says Double Dip Housing Recession Not Likely

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.

Chart of Top 15 Metro Markets in real estate gains from Aug 2009 - Aug 2010, including Louisville, KY at #11
Louisville, KY came in at #11 of the top-performing real estate markets from Aug 2009 to Aug 2010.
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Louisville #4 Most Affordable City to Buy a Home

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.

Photo of Home in Douglass Hills
Houses like this great ranch home in Douglass Hills are quite affordable when compared with the nation as a whole. | Photo: Tre Pryor
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BlackBerry Still Winning the Mobile Phone War, But for How Long?

I saw recently that the National Association of Realtors published their annual Smartphone Survey Report. A great deal of this report is already well-known (and boring) but a couple of the results caught my eye. Keep in mind this survey is targeting real estate agents, not the public at large.

Smartphone OS for Real Estate Agents
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Louisville Homes Sold by Year

Putting data into chart form almost always communicates better than simply reading the data. For example, looking at the chart above that shows the total number of homes sold by year in Louisville, KY.

Chart of homes sold by year
Charts like this one that shows Louisville homes sold by year really help you get a better understanding of the market.
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National Average Finally Positive, Kentucky Beats Nation

First American CoreLogic produces some great reports. Not great in the sense that everything is positive but they are very thorough and timely. This most recent report has this to say about real estate in Louisville, Kentucky.

Photo of Louisville home in Norwood Estates
Kentucky beats the nation when it comes to certain real estate metrics. | Photo: Tre Pryor
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Spring Reveals Some Signs of Rebound in Louisville

With basketball season almost complete, thoughts of another kind of rebound are quickly approaching. Spring always holds an upswing in Louisville real estate but the real question is, “How will this Spring compare to the last two Springs?”

Home in Saratoga Springs Louisville KY
Spring might signal some signs of a rebound in Louisville real estate. | Photo: Tre Pryor
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Is Louisville Real Estate Up or Down?

Housing news still dominates a large portion of our nation’s economic mindset. On Wednesday, Reuters wrote that new home sales hit a record low, and prices tumbled.

The Commerce Department said on Wednesday sales of newly built single-family homes dropped 11.2 percent to an annual rate of 309,000 units, the lowest level since records started in 1963, from 348,000 units in December.

Home Buying Process spelled out for this family
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The Future of Louisville Real Estate, 2010 Edition

At the turn of every year, we like to look back and reflect on the years past. Here at Louisville Homes Blog, we’re no different. But it’s also important to look forward and see how to best take advantage of the real estate market for your own situation.

Picture of chess match
Looking at the Future of Louisville real estate is much like trying to guess what your chess opponent might do next.
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Louisville Mortgage Rates Expected to Rise in 2010

All good things must come to an end. That’s how the saying goes anyway. Today this concept applies to our 40-year, low mortgage interest rates. I’ve published this chart before, but it bears a repeat visit.

Historical mortage interest rates
Since 1974, interest rates have not been lower than they were in 2009.
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