{"id":353,"date":"2009-02-12T06:11:36","date_gmt":"2009-02-12T14:11:36","guid":{"rendered":"https:\/\/louisvillehomesblog.com\/?p=353"},"modified":"2023-09-05T15:18:26","modified_gmt":"2023-09-05T15:18:26","slug":"things-are-looking-up-for-first-time-homebuyers-in-louisville","status":"publish","type":"post","link":"https:\/\/trepryor.com\/blog\/things-are-looking-up-for-first-time-homebuyers-in-louisville\/","title":{"rendered":"Things Are &#8216;Looking Up&#8217; for First Time Homebuyers in Louisville"},"content":{"rendered":"\n<p>The Wall St. Journal wrote an article yesterday entitled <a href=\"https:\/\/trepryor.com\/blog\/things-are-looking-up-for-first-time-homebuyers-in-louisville\/\" data-type=\"link\" data-id=\"https:\/\/trepryor.com\/blog\/things-are-looking-up-for-first-time-homebuyers-in-louisville\/\" target=\"_blank\" rel=\"noreferrer noopener\">For Some, It&#8217;s Finally Time to Dive Into Housing Market<\/a>. Of course, they picked an extreme case to use as their example, as the real estate market in Phoenix, Arizona has been extremely volatile over the past decade and a half. I doubt you&#8217;ll see a price drop from $340,000 to $220,500 in less than two years in Louisville&#8217;s market, but you never know.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"309\" src=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2009\/02\/st_matthews.jpg\" alt=\"Photo of Home in St. Matthews\" class=\"wp-image-9552\" srcset=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2009\/02\/st_matthews.jpg 550w, https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2009\/02\/st_matthews-300x169.jpg 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><figcaption class=\"wp-element-caption\">This house is not currently for sale but in hot areas like <a href=\"http:\/\/www.trepryor.com\/louisville\/st-matthews\/\" target=\"_blank\" title=\"Homes for Sale St Matthews Louisville KY\" rel=\"noopener\">St. Matthews<\/a> and the Highlands, home prices have dropped enough that buyers can find great deals.<\/figcaption><\/figure>\n\n\n\n<!--more-->\n\n\n\n<p>But the truth of the situation applies to us here in Louisville KY just the same. For people moving up from lower-priced housing to more expensive housing\u2014whether that&#8217;s someone who stops leasing an apartment and buys their first home; to, a family selling their starter house and purchasing a larger, nicer home\u2014conditions in the Louisville housing market are very favorable to people making this kind of move.<\/p>\n\n\n\n<p>I&#8217;ve written about this topic <a href=\"https:\/\/trepryor.com\/blog\/for-some-now-is-great-time-to-buy\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/trepryor.com\/blog\/for-some-now-is-great-time-to-buy\/\" rel=\"noreferrer noopener\">several times in the past<\/a> but after looking at the <a href=\"https:\/\/trepryor.com\/blog\/louisville-kentucky-real-estate-review-of-2008\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/trepryor.com\/blog\/louisville-kentucky-real-estate-review-of-2008\/\" rel=\"noreferrer noopener\">real estate market in 2008<\/a>, more <a href=\"https:\/\/trepryor.com\/blog\/expert-predicts-major-improvement-for-housing-in-2009\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/trepryor.com\/blog\/expert-predicts-major-improvement-for-housing-in-2009\/\" rel=\"noreferrer noopener\">experts are coming around to believe that 2009 is going to be a much better year<\/a> for real estate in our country.<\/p>\n\n\n\n<p>When you also include the $7,500 tax credit for first-time homebuyers it adds to the attractiveness for this group of home buyers. Please talk to your Realtor to see if you qualify. More information about the Senate Stimulus Bill, as it relates to this tax credit can be found here. (Editor: The article was taken down.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall St. Journal wrote an article yesterday entitled For Some, It&#8217;s Finally Time to Dive Into Housing Market. Of course, they picked an extreme case to use as their example, as the real estate market in Phoenix, Arizona has been extremely volatile over the past decade and a half. I doubt you&#8217;ll see a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9552,"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":[680],"tags":[897],"class_list":["post-353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential","tag-first-time-homebuyers-in-louisville","entry","has-media"],"_links":{"self":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/353","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=353"}],"version-history":[{"count":2,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/353\/revisions"}],"predecessor-version":[{"id":21239,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/353\/revisions\/21239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media\/9552"}],"wp:attachment":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media?parent=353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/categories?post=353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/tags?post=353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}