Archive for August, 2009

Louisville’s Phoenix Hill Neighborhood is an Urban Renewal Success Story

Thursday, August 27th, 2009

While dire economic news and forecasts dominate the media in Louisville and other parts of the country, some good news about Louisville real estate showed up in a most unlikely source. A report on the Philadelphia website, Philly.com, recently discussed a Louisville neighborhood’s success story. Twenty-five years ago, Louisville’s Phoenix Hill neighborhood was a [...]

Preservation Louisville Presents 2009 List of Endangered Real Estate

Tuesday, August 25th, 2009

An organization created to save Louisville’s distinctive and vanishing homes and buildings recently presented its 2009 list of endangered properties. An article published in the Louisville Courier-Journal describes a presentation given by the organization that was an overview of the group’s successes and its current targets of endangered Louisville real estate. The program was [...]

Energy Efficiency a Common Theme at Homearama 2009

Thursday, August 20th, 2009

This year’s version of the annual Louisville Homearama showcase of new home designs and ideas provided examples of new home features, such as elevators, wine tasting rooms and dog washing stations, along with far more practical home attributes intended to increase a home’s energy efficiency. The Courier-Journal said that twelve of the thirteen entries [...]

Louisville Judges and Politicians Launch Foreclosure Prevention Program

Tuesday, August 18th, 2009

An article published in Business First of Louisville discusses a progressive and innovative project to prevent more homes from foreclosure in and around the Louisville area. The report claims that Jefferson Circuit Court Judges, Louisville Metro Mayor Jerry Abramson and U.S. Rep. John Yarmuth joined together to launch what they are calling the Foreclosure [...]

Louisville Company Purchases Commercial Real Estate

Thursday, August 13th, 2009

A recent report on Louisville’s Business First website claims that Louisville-based company Industrial Services of America, Inc. has reached an agreement to buy commercial real estate adjacent to its Grade Lane operations. The company has agreed to buy the property from a company owned by Harry Kletter.
Industrial Services, Inc. intends to buy two parcels [...]

Louisville’s Recovery from the Recession Lagging behind Other U.S. Cities

Tuesday, August 11th, 2009

Louisville real estate professionals, merchants and other businesspeople got some unwelcome news recently when the Brookings Institute published a report that indicated Louisville is lagging behind other U.S. cities in recovering from the recession. Key economic indicators for the first quarter of 2009 presented to elected officials from Louisville showed that while the city [...]

Louisville Homes Sales Only Slightly Down in June

Thursday, August 6th, 2009

An article about Louisville-area home sales in June that appeared in the Courier-Journal provides some welcome news for Louisville real estate professionals. The article claimed that members of the Greater Louisville Association of Realtors sold 1,175 homes in June 2009, a figure that shows only a 1.3 percent decline in sales from the previous June. [...]

Why Flat-Fee Listings are Valuable to FSBOs

Tuesday, August 4th, 2009

A recent article about FSBOs published in the Edmonds Beacon discusses the advantages of real estate owners selling their own property without a real estate agent or realtor. It’s a timely article as most folks are looking to trim expenses wherever possible with the nation’s economy continuing to struggle. However, while owners stand to save [...]