Archive for March, 2010

Morgan Stanley Thinks the Country’s Commercial Real Estate Troubles are Manageable

Tuesday, March 23rd, 2010

The Wall Street Journal reports that analysts at investment bank Morgan Stanley believe that the country’s commercial real estate problems are manageable. A team of six of their commercial real estate analysts said recently that the current problems that plague that sector of the nation’s real estate market are “only a moderate headwind for the [...]

Outlook for Commercial Real Estate in 2010

Thursday, March 18th, 2010

An article in The Richmond Times-Dispatch predicts that the nation’s commercial real estate outlook won’t look much better in 2010 than 2009. After a boom period over the previous years where developers, bankers and investors did very well, the economic downturn has hit commercial real estate in Louisville and other markets across the country especially [...]

Louisville Real Estate Owner Questions His Tax Bill

Tuesday, March 16th, 2010

Wave3 reports that a local man received quite a shock recently when he opened his property tax bill. Property taxes are due at the end of the year around the Louisville area, and when this owner of Louisville real estate opened his latest bill, he knew that something had to be amiss. Or at least [...]

Sales of Existing Homes Up Sharply in November

Thursday, March 11th, 2010

The Washington Post reports that even while sales of newly built homes languished in November, sales of existing homes were up sharply that month. Most of the boost in home sales was attributed to federal programs, particularly the homebuyer’s tax credit, which inspired buyers to take action rather than continue watching the market. November’s existing [...]

Sales of New Homes Drop 11.3% as Effect of Stimulus Fades

Tuesday, March 9th, 2010

The Wall Street Journal reports that sales of new homes dropped more than eleven percent in November 2009 to a seven-month low. Real estate experts are cautiously optimistic about the country’s modest, but steady economic gains. However, there is growing concern that new home sales and sales of existing homes could dive again after the [...]

Home Sales Across the Country Drop Sharply in November

Thursday, March 4th, 2010

Many Louisville real estate agents already know very well that the number of people across the U.S. getting ready to buy a home dropped sharply in November 2009. Housing experts say that housing markets across the country could be heading for a “double-dip” drop in sales where a decline in home selling prices is exacerbated [...]

Louisville Home Decorating Trends for 2010

Tuesday, March 2nd, 2010

Buying Louisville homes for sale allows new owners to make a fresh start and display their flair for decorating when it’s easiest to do it—without having to move and work around furniture and fixtures in the way. Furniture trends are moving away from dark finishes towards lighter, honey-colored tones that make rooms look and feel [...]