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.
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.
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.
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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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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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.
I saw this article—Top 10 Ideas for Eco-Friendly Home Improvements—a while back and thought I'd share with you. If you can find that the environment-friendly solution also saves you money,…
A new article in Business First cites energy efficiency as being "a critical factor" when assessing a home's affordability. The Louisville nonprofit group's 2008 report notes that the average Louisville…
Did you hear the news? "We're #1! We're #1!" That's the cry coming from PNC as they essentially doubled in size after the purchase of failing National City become final.…
Great gig if you can find it. Stephanie Mattingly must have been quite excited when HGTV contacted her to audition for one of their TV shows—"My House Is Worth What?"…
I read an interesting story on the WSJ today called, Housing Blogs Throw Stones. It seems that many are taking out their real estate frustrations by going online and blasting away at other people’s houses… verbally, of course.
Forecasting is always a tricky business. From the stock market to fantasy football, the future is, by definition, uncertain. But that doesn’t mean we can’t throw some data into our logic blender and see what comes out, does it?
Louisville, Kentucky generally has mild winters but that doesn’t mean we should not take advantage of every opportunity to save money on our heating bills. You never know when we’ll have another massive snowstorm like we had this past year.
Home to Homearama in 2006, Beech Spring Farm is another grand, east-end neighborhood that caters to homeowners with exquisite tastes. The subdivision is located off Barbour Ln. near Brownsboro Farm, just down Highway 22 from Springhurst and Norton Commons, east of Prospect. This is a great place to consider if you’re looking for high-end homes built within the past five years in a neighborhood located inside the Gene Snyder Expressway so that you’re close to shopping, restaurants, and transportation.
The buy/sell decision is always a tricky one, but depending on your situation, now could be a great time to make the move. Here's what the WSJ has to say…