{"id":200,"date":"2008-10-15T10:41:40","date_gmt":"2008-10-15T14:41:40","guid":{"rendered":"https:\/\/louisvillehomesblog.com\/2008\/10\/15\/what-does-the-future-hold-for-louisville-real-estate\/"},"modified":"2023-09-04T17:32:52","modified_gmt":"2023-09-04T17:32:52","slug":"what-does-the-future-hold-for-louisville-real-estate","status":"publish","type":"post","link":"https:\/\/trepryor.com\/blog\/what-does-the-future-hold-for-louisville-real-estate\/","title":{"rendered":"What Does the Future Hold for Louisville Real Estate?"},"content":{"rendered":"\n<p>Forecasting is always a tricky business. From the stock market to fantasy football, the future is, by definition, uncertain. But that doesn&#8217;t mean we can&#8217;t throw some data into our logic blender and see what comes out, does it?<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"628\" height=\"393\" src=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2008\/10\/proj08_lg.gif\" alt=\"Money magazine projects 2008 in Louisville real estate\" class=\"wp-image-9486\"\/><\/figure>\n\n\n\n<!--more-->\n\n\n\n<p>Earlier this year, Money magazine posted its take on real estate in 2009. But before we go there, let&#8217;s look at what they said about 2008.<\/p>\n\n\n\n<p>In an article published April 11, 2007, here&#8217;s what Money projected for real estate in Louisville, Kentucky for 2008.<\/p>\n\n\n\n<p>According to Louisville&#8217;s MLS system, the median sales price for 2008 so far is $135,900. Compare this with 2007&#8217;s median of $139,000 and we arrive at <strong>a drop of 2.28%<\/strong>. Looks like Money overshot their target.<\/p>\n\n\n\n<p>That brings us to this year&#8217;s predictions. Back in May of this year, Money published &#8220;Where home prices are headed next.&#8221; Here&#8217;s what the experts are projecting for Louisville real estate in 2009.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"622\" height=\"604\" src=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2008\/10\/proj09_lg.gif\" alt=\"Money magazine projects 2009 in Louisville real estate\" class=\"wp-image-9488\"\/><\/figure>\n\n\n\n<p>Given recent events in the stock market and around the globe, if we could have a half-percent gain in 2009, I think most people would jump for joy. It&#8217;ll be interesting (to say the least) to watch how things play out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forecasting is always a tricky business. From the stock market to fantasy football, the future is, by definition, uncertain. But that doesn&#8217;t mean we can&#8217;t throw some data into our logic blender and see what comes out, does it?<\/p>\n","protected":false},"author":2,"featured_media":9486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[682,680],"tags":[104],"class_list":["post-200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends-statistics","category-residential","tag-louisville-real-estate","entry","has-media"],"_links":{"self":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/comments?post=200"}],"version-history":[{"count":1,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/200\/revisions"}],"predecessor-version":[{"id":21213,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/200\/revisions\/21213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media\/9486"}],"wp:attachment":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media?parent=200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/categories?post=200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/tags?post=200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}