By most accounts, the chief issue in our most recent elections was the economy, with unemployment as the lead contributing factor. As of September, Louisville, Kentucky has an unemployment rate of 9.8 percent which is slightly higher than the national average of 9.6 percent. Many are worried about where things are headed, as well they should be.
Rather than write my own piece on this topic, I thought I'd share Tara-Nicholle Nelson's well-written article called 5 MORE Foreclosure Myths - BUSTED!. Here are the key points. Myth…
Here in Louisville, we love to sing the praises of our city. So it's great to see that Bellarmine (in addition to beating Division 1 school, Xavier in basketball) was…
In any market, real estate agents are always looking for new clients. That’s even more true for our current real estate market as sales are down and many agents are leaving the business.
Many cities with or near a military base should be proud to celebrate Veterans’ Day this year as their ties to military bases have allowed them to become some of the U.S.’s most affluent cities. High-tech centers, college towns, and industrial cities used to be some of the most affluent in the nation, however, out of the 20 fastest-growing metro areas today, based on per-capita income, 16 of them have a military base or have one close by providing an excellent opportunity for anyone in the real estate or mortgage industry.
Every industry has its share of insider knowledge, quirks, and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. Why…
Every industry has its share of insider knowledge, quirks, and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. But what the heck are agency agreements?
I’ve written several pieces recently about how the current real estate market in Louisville is lining up well for certain profiles. The current freeze on foreclosures by some of our nation’s largest lenders has muddied the water for getting your hands on capital. But local lenders like Stockyards and Republic both posted healthy quarterly earnings.
The National Association of Home Builders charts its members’ outlook towards business in the future. This index is something they use to make decisions on behalf of their membership. News out this month that this index has moved up for the first time in five months.
For the second year in a row, Louisville's 21c Museum Hotel was voted the top hotel in America by Conde Nast Traveler Readers' Choice Awards in the United States. Here…
Have you heard the phrase, “time is of the essence”? Well, you might not think it’s a big deal, but it very much is when it comes to legal contracts. Let’s take a quick look.
(more…)Ticking away, the moments that make up a dull day
Fritter and waste, the hours in an off-hand way
-“Time” by Pink Floyd
I admit I’m late to the party but just now, I read that Kentucky topped the U-Haul yearly survey as the state with the greatest growth rate. Amazing!
(more…)U-Haul International, Inc. today released the results of the annual U-Haul National Migration Trend Report, reflecting the nation’s top growth states for families who moved during 2009. The report, titled “2009 Top 10 U.S. Growth States,” indicates that for states with more than 20,000 families moving, Kentucky had the highest percentage of growth, with 5.76 percent more families moving into the state than out. For states with 5,000 – 20,000 families moving, Vermont had the highest percentage, with a growth rate of 16.67 percent in 2009, moving Maine to second place after two years of ranking first.
And the hits just keep on coming! We learned recently that Louisville was included in Men's Heath Best Places to Live 2010. Here's what their editors thought made Louisville so…
At this very second, what is at the forefront of every Realtor's thinking? That's right, "I need to make a sale!" But you might say, "Yeah, but the market is…
It’s no secret that the housing market has seen better days, to put it politely. In a typical market, distressed properties account for 7% of all home sales. Some estimate that nationwide, that number is currently around 41%. Louisville real estate is far below both of these.
