Louisville Housing Market Getting Mixed Signals
The WSJ published this piece today—Home Prices Rise, Yet Confidence Fades—which highlights just how tricky things are in the housing market today. As always, you want to look at home buyers and sellers separately.
For home sellers, the fourth straight month of home value increases is a breath of fresh air after all they’ve been through. Home values are still down from highs that occurred in 2005 and 2006 (depending on the market) but it’s most assuredly a step in the right direction. As prices continue to rise, expect to see more sellers list their homes, especially in the Spring.
(more…)Louisville Housing Not ‘Out of the Woods’ Yet
There are a myriad of economic indicators that shed light on the future of real estate. Some, like mortgage rates, are extremely positive. Others are not. One is new home…
Best Louisville Neighborhoods: Indian Hills
Indian Hills is one of Louisville's grand ole neighborhoods. For affluent home buyers, this subdivision is close to the city (Area 3, not to be confused with the Indian Hills…
Home Improvement Projects That Are Good When Selling Your Home in Louisville
You may have thousands of reasons for selling your home, but for the person buying it, there is only one reason to do so – because they like it. And…
Louisville Ranks 2nd in Home Price Gains
Had to hunt to find this juicy tidbit about the nation's top 15 home price gainers. The following appeared in yesterday's Business Courier. Other regional metros in the top 15…
Kentucky Housing Offering Help to Louisville Home Buyers
There’s been a lot of attention given to the incentives offered by our National government. But there are five down payment and closing cost assistance programs currently being offered by our state government—the Kentucky Housing Corporation.
(more…)Louisville Home Prices Rise
Quick little story in the CJ today titled Home Prices Rose in Most Major Cities in July. Here's their basis: The Standard & Poor's/Case-Shiller home price index of 20 major…
Top 10 Louisville Home Improvement Projects in 2009
Note: This article is part of a series devoted to giving pertinent, professional advice to Louisville’s homebuyers and sellers. Find more great articles in our Top 10 category.
Getting More From Your Real Estate Blog
Blogging may not ever go mainstream in real estate, and that’s a good thing for those who practice the art. In an industry where fast results are preferred and successful people usually have more client turnover, those who take time to document the market and offer their thoughts will likely always be in the minority and stand out as a result. Here’s a quick post designed for getting more from your real estate blog.
Louisville Awarded Top 10 Affordable Places to Retire
I’m not sure why Money magazine is doing a story called 10 Affordable Places to Retire, but in any event, they picked Louisville as the 20th best! Palm Springs has the weather, Pinehurst the golf but Louisville is getting national attention for our wonderful parks. This piece highlights the Louisville Loop which we talked about back in the Spring of 2008 as being a great move by our city to set itself apart.
Best Louisville Neighborhoods: Asbury Park
Asbury Park is a unique neighborhood in Louisville's East End near Prospect and Springhurst. Asbury Park is unique because of the way the homes are laid out around green spaces,…
Conventional Mortgages vs FHA Loans
The 2009 fiscal year is shaping up as the biggest on record for FHA loans. Applications for single-family home mortgages were up 50 percent from Oct. 1 through mid-August. Approvals have jumped 70 percent, to 1.67 million. FHA has carved out a huge chunk of the market in the last three years, from 3 percent in 2006 to a whopping 23 percent today. Borrowers of all stripes are turning to the FHA for help in obtaining a mortgage and achieving the dream of homeownership.
Louisville Neighborhoods Map
Spent a good portion of yesterday working on this new map that will allow Louisville homebuyers to search active listings by neighborhoods and it all starts with my new Louisville KY Neighborhoods Map.
Louisville Sees Home Sales Increase
Things are certainly picking up this summer. Whether they will continue to move upward through the Fall/Winter remains to be seen but come next Spring I expect a large number…
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