Archive for June, 2009

Downtown Louisville Condo Decline Reflects National Trend

Tuesday, June 30th, 2009

The worldwide economic downturn is affecting housing markets everywhere, including condominium projects in downtown Louisville. A recent article in the Louisville Courier-Journal claims that some downtown Louisville condo projects are being delayed and others turned into rental properties as slow sales and uncertainty about job security deter skittish developers and potential condo owners.  The [...]

Louisville Home Prices Drop Despite Tax Credit

Thursday, June 25th, 2009

A recent article in the Louisville Courier-Journal claims that the selling price of Louisville homes dropped again in April according to figures provided by the Greater Louisville Association of Realtors. They report that the median selling price of Louisville homes fell by 2.3 percent in April 2009 and is down by 6 percent for the [...]

Pending Home Sales in the US at a Seven-Month High

Tuesday, June 23rd, 2009

An article in the Christian Science Monitor claims that pending home sales across the country climbed in April for the third month in a row and are now at their highest level since last September. Pending home sales are real estate transactions where a buyer signs a contract, but the deal has not yet closed. [...]

New York Company Invests in Louisville Area Landmark

Thursday, June 18th, 2009

A recent article in the Louisville Courier-Journal provides very welcome news to supporters of a longtime Louisville area landmark. The former Colgate-Palmolive plant in Clarksville renowned for its huge clock has been purchased by Active International, an advertising and trading company based in New York. Before Colgate bought the plant in 1921, the building was [...]

How to Sell Your Home

Tuesday, June 16th, 2009

Every homeowner has a unique set of needs when it comes to selling a home. Some people excel at getting the word out and meeting with potential buyers. Other homeowners take to the paperwork and marketing like pros. Depending on the strengths a homeowner has, there are several ways to sell a home. Here’s a [...]

Flat Fee Real Estate Listings

Thursday, June 11th, 2009

As more sellers turn away from agents as a way to increase profits, flat fee real estate listing services have emerged as a way to reduce seller costs while still taking advantage of the real estate listings network. Here’s a look at the common features of flat fee listing services.
The basics of a flat fee [...]

Tax Rebate for First-Time Home Buyers Ends Soon

Tuesday, June 9th, 2009

The December 1, 2009, deadline to get the first-time home buyer income tax credit for Louisville real estate purchases is fast approaching. Under the provisions of the American Recovery and Reinvestment Act of 2009, first time home buyers who purchase a home between January 1, 2009, and December 1, 2009, will qualify for up to [...]