“Well surprise, surpise!” -Gomer Pyle
If I’m dating myself with that quote, please forgive me. (Or, if you find my taste in sitcoms uncivilized, I completely agree.)
September numbers will be complete shortly, but I’d be remiss to not post about the success that Louisville real estate had during the month of August. In Jefferson County, 782 homes were sold this August. That’s better than the past three years! Some of that was due to the poor performance of the other summer months but we should be grateful for any small victory.
Over in Oldham County, 79 properties were sold, which beat August 2010 (57) and August 2009 (73). The competitive part of me wants to see further improvement but that may not happen due to nagging concerns about the economy.
Interest rates continue to drop and actually reached record lows so please consult with your loan specialist about whether you should refinance. Refer to the Mortgage Rates chart at the bottom of the page for national average rates updated every hour.