If you’ve been looking for a reason to retire that aging avocado green fridge, here’s your best chance. On April 22, the state of Kentucky will begin giving away up to $4 million in rebates to people who replace old home appliances with new U.S. certified Energy Star appliances bought in Kentucky. These rebates range [...]
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 [...]
Homebuilders, reeling from an extended period of few new projects and even fewer buyers, are preparing to lure buyers to newly constructed homes with incentives that might have seemed very unlikely just a few years ago. Builders are bracing for the end of the government’s homebuyer tax credit program by offering free options and upgrades, [...]
Despite growing losses on their commercial real estate investments and against conventional investing wisdom, stock shares of banks heavily invested in commercial real estate have been rallying recently. While many investors remain justifiably wary of investing in such banks, others are betting that the predictable hits from commercial real estate losses will not be as [...]
The National Association of Realtors Local Market Report indicates that home sales in Kentucky and construction growth are much higher in 2010 than the previous year. The report claims that growth for the fourth quarter of 2009 increased 37 percent above the same quarter in 2008 and outpaced the national average. The report also shows [...]
A sad fact of life is that some people will take advantage of others who are going through a difficult period in their lives. The nation’s housing and unemployment problems have created a situation where scam artists are resurrecting an old scam and defrauding people who are already suffering financial duress. The trick involves a [...]
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 [...]
The Fair Housing Act was signed into law 42 years ago this month and is a powerful reminder of the past as well as the challenges of the present and future. President Lyndon Baines Johnson signed the Fair Housing Act in April 1968 after a heated debate in Congress. The law came into effect shortly [...]
The federal government has created more programs to help struggling homeowners keep their homes. The government has to walk a tightrope of sorts to help homeowners having problems making their mortgage payments while ensuring that homeowners who are struggling but continue to make their mortgage payments on time don’t become angry. The new programs are [...]
February 12, 2010, marked the date for information provided by the International Revenue Service that will affect homebuyers in the Louisville real estate market. There are new guidelines for the two tax credit programs that have been created to assist in the country’s failing home owning circumstance. The credit is $6,500 for previous homeowners buying [...]
