I was having a conversation yesterday with a very intelligent person about the value of their home. It was during this conversation that I was reminded that while I think about the home valuation process quite often, most people do not. There are many Louisville homes for sale and determining value is critical right now.
Housing news still dominates a large portion of our nation’s economic mindset. On Wednesday, Reuters wrote that new home sales hit a record low, and prices tumbled.
The Commerce Department said on Wednesday sales of newly built single-family homes dropped 11.2 percent to an annual rate of 309,000 units, the lowest level since records started in 1963, from 348,000 units in December.
Louisville follows the same real estate trends as other cities in our nation, only to a much lesser degree. But like I posted earlier this month, Louisville hasn’t seen a drop in home values since before 1978. That changed in 2008 and 2009.
After a couple of down years, it looks like home values in Louisville are heading back up. This information comes from First American CoreLogic. Home Prices in Louisville-Jefferson County Increase…
After a couple of down years, it looks like home values in Louisville are heading back up. This information comes from First American CoreLogic.
The CJ did a little piece on Monday about where the new construction numbers are and where they're heading. It should be no surprise to anyone following the situation that…
Nice piece in Business First of Louisville about how first-time homebuyers have made their move in today’s housing market due primarily to the tax credit currently being offered by the government. This makes a great deal of sense. Most watching the market understand that the recent increase in home sales is happening predominantly in the lower-priced tiers where first-time homebuyers are focused.
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Home staging can take your ordinary, ho-hum home and instantly make it feel larger, more spacious, warmer, brighter, more cheerful, and more welcoming.
I think it’s safe to say that Green is the new Black and that’s not likely to change. But many green products are very costly and their benefit to the environment is relatively small. So, how do we decide which ones make the most sense?
The advertisement you see above is one that the National Association of Realtors in putting in a number of publications lately. Their intent is to make sure that people are aware that now is a good time for them to out house hunting.
Graymoor-Devondale is an unassuming neighborhood in an amazing part of town. Close to shopping, schools, the expressway, and just minutes from Downtown, this neighborhood really does have it all. Just…
At the turn of every year, we like to look back and reflect on the years past. Here at Louisville Homes Blog, we’re no different. But it’s also important to look forward and see how to best take advantage of the real estate market for your own situation.
I've got another post on deck, but before we look forward I wanted to highlight some data I just found about Louisville's 3rd Quarter of 2009 in real estate. The…
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