Expert Says Double Dip Housing Recession Not Likely

Predicting the future is always a tricky business. Nothing is a “sure thing.” There are no “locks.” Learning from the past and studying trends is about all the real estate prognosticator can do.

Chart of Top 15 Metro Markets in real estate gains from Aug 2009 - Aug 2010, including Louisville, KY at #11
Louisville, KY came in at #11 of the top-performing real estate markets from Aug 2009 to Aug 2010.
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Butchertown Awarded ‘Hot New Neighborhood’ by AOL

Adam Graham posted a piece last week that highlighted ten hot neighborhoods in the U.S. that travelers might want to include in their itinerary. If someone had told me that a Louisville neighborhood was included in the list, my first thought would surely be The Highlands.

Photo of new condos in Butchertown in Louisville, KY
These new condos at the corner of Market & Campbell Streets show that some urban renewal is happening in Butchertown. [Photo by Angry Aspie from the Butchertown, Louisville page on Wikipedia.]
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Home Sales Activity for Louisville vs. Nation

Came across a great resource on real estate stats for Louisville, KY on Realtor.org. Lots to address but today I’ll just look at this first chart on home sales and growth since 2002.

Chart of Kentucky Home Sales (Red Line) and Sales Growth
This chart is for the entire state of Kentucky but it’s interesting to see how quickly the downturn came back up.
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How Much Can I Afford to Spend on a House?

“How much can I afford to spend on a house” is a relevant question that comes into the mind of thousands of homebuyers all over the world. To answer this question, the home affordability calculators offered by multiple lenders play an important role.

Photo of two men using a laptop and notepad to determine mortgage values
Online mortgage calculators can help prospective home buyers determine the appropriate amount to spend on a new Louisville home.
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Great Ideas in Kitchen Remodeling

Maybe it’s because one of my clients is planning a big kitchen remodel. Maybe it’s because I watch altogether way too much HGTV. Whatever the reason, I’ve been thinking about all the great options available to you, if you’re planning a Louisville home remodel. Let’s look at some of today’s great ideas in kitchen remodeling.

Photo of the Dacor vented range - Great Ideas in Kitchen Remodeling
This attractive range vent rises with the touch of a button and then recedes when you don’t want it there.
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Louisville 9th Least Expensive Cities Says Kiplinger

Kiplinger and Forbes have been singing our city’s praises lately. Recently Forbes ranked Louisville 37th in Nation for Housing Recovery. Then Kiplinger named Louisville the regional winner for home price stability. Then, to top it off, Forbes claims Louisville real estate is the 4th most affordable in the nation.

Photo of Louisville, Most Affordable Cities
Louisville, KY keeps raking up national real estate accolades.
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VA Loan Primer

The Department of Veterans Affairs (VA) supports specific home loans. These are called VA Loans and are available to veterans or active duty service members wishing to purchase a home. Since its inception, the VA loan program has helped nearly 18 million veterans and active duty service men and women achieve homeownership.

Photo of a front door knocker
Could the key to getting your first home be located in this VA Loan Primer?
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Home Organization with Closets by Design

I had a chance to sit down and chat with Amelia Presler of Closets by Design to learn more about their products and how they might fit into today’s Louisville home improvement environment.

Closets by Design in Westport Village
Closets by Design is one of many home-focused businesses that are based in the newly, redesigned Westport Village. | Photo: Tre Pryor
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Louisville #4 Most Affordable City to Buy a Home

The Forbes.com website confuses me. I know they’re trying to have more pages, so each page can have more ads, thus more ad revenue, but as far as navigating it, I always find it frustrating.

Photo of Home in Douglass Hills
Houses like this great ranch home in Douglass Hills are quite affordable when compared with the nation as a whole. | Photo: Tre Pryor
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