Prepare Your Louisville Home for Tornado Season

Tuesday, July 13th, 2010

Springtime is here, and that means that tornado season is underway in Kentucky and other states in the region. Although there isn’t much that people can do to prevent a tornado from hitting their area, there are steps that homeowners can take to minimize damage to their Louisville houses if one is nearby. Here are [...]

No Recovery in Louisville Real Estate Prices Expected Until 2012

Tuesday, June 1st, 2010

Louisville real estate analysts predict that Louisville housing prices have not reached bottom and probably won’t until the end of 2010. They also believe that prices won’t regain their highs of spring 2008 until sometime in 2012 according to a report recently released by technology company Fiserv. Although they expected Louisville home prices to continue [...]

Many Home Sellers Lowered Asking Price in the Last Year

Wednesday, February 3rd, 2010

This article reports something that Louisville real estate agents already know—many home sellers are willing to lower their asking price to facilitate the sale of their home. More than a quarter of homeowners across the country wishing to sell their home reduced their selling price at least once in the last twelve months, according to [...]

Louisville Housing Coalition Focuses on Area Housing for the Poor

Thursday, December 31st, 2009

The Louisville Courier-Journal recently reported an expected shortage of affordable Louisville housing for low-income residents. A group supporting the construction or allocation of increased housing for low-income residents wanted to know how the scheduled demolition of Sheppard Square would affect affordable housing in and around Louisville. The Metropolitan Housing Coalition has requested that the planned [...]

Louisville’s Economy Still Struggling in 2009 2Q But Housing Prices Up Slightly

Thursday, November 12th, 2009

During the second quarter of 2009, some parts of the country saw modest gains in economic recovery, but Louisville’s economy still appears to be struggling according to a Metro Monitor study released recently by the Brookings Institute. In a ranking of 100 metro areas in the U.S. measured by the unemployment rate, gross metropolitan product, [...]

Louisville Home Prices Higher in May 2009

Tuesday, July 14th, 2009

The Louisville Courier-Journal recently published an article claiming that Louisville home prices rebounded slightly in May 2009. The Greater Louisville Association of Realtors said that the median price of homes sold by its members in May rose 1.5 percent over homes sold in May 2008. The median selling price in May was $137,000 and this [...]

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 [...]