The Future of Louisville Real Estate, 2010 Edition

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.

Picture of chess match
Looking at the Future of Louisville real estate is much like trying to guess what your chess opponent might do next.
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Louisville Mortgage Rates Expected to Rise in 2010

All good things must come to an end. That’s how the saying goes anyway. Today this concept applies to our 40-year, low mortgage interest rates. I’ve published this chart before, but it bears a repeat visit.

Historical mortage interest rates
Since 1974, interest rates have not been lower than they were in 2009.
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Home Buying Tax Credit FAQ

Back in November, I posted the helpful chart from NAR that outlines the changes to the home buyer tax credit that was extended by the Obama administration. And while that’s good, it still doesn’t address all the questions that people have regarding buying a new Louisville home. So I’m going to try and do my best to answer those questions, FAQ-style.

Photo of man handing money to you with an American flag behind
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