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Best Louisville Neighborhoods: Mockingbird Gardens

Mockingbird Gardens in Louisville’s east end has some of the city’s most prestigious properties. Like nearby Indian Hills, there are some incredible homes here. The age of homes here are newer, more akin to neighborhoods like Beech Spring Farm and Spring Farm, these high-end properties have a great deal of appeal. Close to downtown Mockingbird Gardens offers a lot to buyers looking for luxury homes without heading out towards Prospect and Oldham County.

Homes for Sale in Mockingbird Gardens, Louisville Kentucky
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Louisville Kentucky Real Estate Review of 2008

It seems the popular press today didn’t listen to their parents growing up. I’m sure you’ve heard the instruction, “If you don’t have anything nice to say, don’t say anything at all.” Apparently, only bad news sells commercial time, newspaper subscriptions, and online ad clicks.

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Expert Predicts Major Improvement for Housing in 2009

Now, for every Alexis McGee, there are two or three critics who think that we haven’t seen the bottom of this housing downtrend. Who is Alexis McGee you ask? She’s the president of ForeclosureS.com who has access to a great deal of real estate data and she predicts a major rebound for housing in 2008.

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One expert’s crystal ball says real estate in Louisville KY is going to take off in 2009.
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Best Louisville Neighborhoods: Saratoga Woods

Saratoga Woods is another great neighborhood in the southern portion of Louisville’s East End. Just down the road from Stone Lakes, Saratoga Woods has a similar feel with lots of rolling hills and a good variety of homes at just a bit lower price point. This neighborhood began in the early 1990s and quickly built out the subdivision. In some respects, it’s like the Polo Fields with the hills and age of homes but closer in towards Jeffersontown. If you’re looking for a home in the $225k-$325k range, be sure to check out any homes for sale in Saratoga Woods.

Homes for Sale in Saratoga Woods, Louisville Kentucky
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Best Louisville Neighborhoods: Owl Creek

Owl Creek is an established and prestigious neighborhood in the heart of Louisville’s East End. This subdivision, located off Dorsey Ln. in Middletown was started about 20 years ago and contains some wonderful, large homes in a scenic setting.

Homes for Sale in Owl Creek, Louisville Kentucky
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Louisville Weathers the Housing Crunch; Beats Cincinnati, Indianapolis

My thanks to a reader who thoughtfully sent this in. The Wall St. Journal does certain things very well. One of them is their “handy-dandy” charts. The other is their in-depth analysis. This time with Shrinking Prices, Rising Delinquencies they only batted .500. This was due in large part to the chart not working properly. That’s OK, we’ll forgive them because this piece wasn’t hidden behind a subscriber log-in.

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Louisville House Prices Down 3.6% YTD

While it’s been a tough year for Louisville real estate, at least we can take some solace in knowing our market isn’t behaving like some of those in Florida, California and some other states. But for a city where home appreciation has run 4%-5% annually, any kind of departure from that trend isn’t expected or welcome.

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Best Louisville Neighborhoods: Landis Lakes

Landis Lakes, just south of Lake Forest off Shelbyville Road, is a gorgeous neighborhood with some remarkable homes. The price range for homes in this neighborhood starts in the low $400’s and moves up to the high $600’s. These are large homes, averaging around 3,400 square feet on generally 1/3-acre lots.

Homes for Sale in Landis Lakes, Louisville Kentucky
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