Louisville Home Prices Rise in 1Q

Compared to the national housing market Louisville is in great shape.

Louisville sales are up 2.3 percent for the first three months of the year.

This while the national market of existing home sales fell 11.3% from last year.

Now, everything is not wine and roses because there’s still close to 10 months of inventory. Prices will continue to be pushed downward as Sellers’ need to sell increases.

For buyers, however, it’s still a very attractive market. There are some great deals out there and savvy buyers will be able to take advantage of them. The biggest lesson is to remember to do your homework, so having a professional on your team to help you in that regard is imperative.