There are 108 blog entries for September 2011.
Friday, September 2nd, 2011 at 2:37pm. 1716 Views, 0 Comments.
Friday, September 2nd, 2011 at 2:34pm. 1442 Views, 0 Comments.
For reference, voting is tonight Monday February 25, 2008 at 6:00 pm EST at the Oldham County Middle School located at 4305 Brown Boulevard, in Buckner Kentucky.
The school redistricting discussion has been something that has been heavily discussed by everyone for the past month.
The proposal as currently presented would potentially affect and relocate 1,000 elementary students to new schools for the next school year. As with everything, there are exceptions: 3 neighborhoods will be able to remain at the current school (they were granted exemptions…
Friday, September 2nd, 2011 at 2:30pm. 1472 Views, 0 Comments.
Louisville homes values increased. The number of Louisville homes sales decreased.
Which is pretty much on par and consistent with how the Louisville real estate market has continued to fair within an overview of a national real estate market perspective.
Delving more deeply into those 2 conclusions, you can see the following:
If you compare the Louisville homes values in January 2007 to January 2008, the median price is approximately $133,800 and indicates a 3% increase from the previous year (which is actually “good” considering many other depressed markets across the country). Some persons see that as a cause for celebration. In…
Friday, September 2nd, 2011 at 2:26pm. 2473 Views, 0 Comments.
The Street Rod Nationals is more than a car show. Its an event. Approximately 30,000 spectators attends the event, and it draws 11,000 classic street rods to the event. The economic impact for the Louisville KY metropolitan area is approximately $15 million per year.
To give some background on the event, it was first held in Louisville in 1992. And the show has been held continuously in Louisville from 1997-2008. The Street Rods Nationals are going to…
Friday, September 2nd, 2011 at 2:22pm. 1757 Views, 0 Comments.
The 97 acres is comprised of 3 tracts that are as follows:
40 acres of Prospect KY real estate that are currently owned by Laura Lee Brown (heir to the Brown-Forman fortune) and Steve Wilson’s Dogwood Hill and are located along the 2 branches of Goose…
Friday, September 2nd, 2011 at 2:14pm. 1342 Views, 0 Comments.
Now that I have your attention, lets look at the situation a little more carefully, and calmly.
Yes, it is true that the Louisville KY newspaper The Courier-Journal recently did an article about the declining Louisville real estate market that saw declines in the last quarter of 2007. They went on to say that in the 4th quarter of 2007, Louisville homes dropped 3.3% to a median price of $133,000.
My response to the declining Louisville real estate market: So what?
Newspapers want to do 1 thing: Report the news (and get sales!). If its not an interesting story, people won’t read or care about it. So, its easy to create a dramatic effect by looking at a microscopic view of…
Friday, September 2nd, 2011 at 12:52pm. 2176 Views, 0 Comments.
LISTINGS Residential (Family & Condo)
Feb. 4-10, 2008 646
Last Year 576
Jan. 27-Feb. 2, 2008 218
Last Year 273
Ok, so whats that mean? If you examine the numbers, 2 things immediately jump out at you.
1. Listings are way up.
2. Sales are way down.
But, if you look at the numbers a little more closely, you can see how dramatic the 2 data figures actually means.
First, the homes LISTINGS side:
646 – 576 = 70 homes more were listed this year.
70 homes / 576 homes last year = over 12% increase in listings!
Now, lets look at the…
Friday, September 2nd, 2011 at 12:48pm. 1665 Views, 0 Comments.
Persimmon Ridge is located in the eastern part of the Louisville KY metropolitan area, and is easy to get to. In Louisville, just take I-265 the Gene Snyder Freeway, to the Old Henry Exit and turn right. Then turn right onto Bush Farm Road / Aiken Road and go 4 miles and Persimmon Ridge will be on the left.
Friday, September 2nd, 2011 at 12:44pm. 1408 Views, 0 Comments.
Final analysis from looking at the transfers indicates that the transaction average, and number of…
Friday, September 2nd, 2011 at 12:40pm. 1421 Views, 0 Comments.
One interesting thing to note that I thought was good to see, is that some of what would be classified as luxury homes for sale were starting to move AND builders were purchasing lots and doing lot transfers which would indicate an increased level of activity for new homes construction. Several homes approaching $500,000 were sold this week. Always good to see a higher level of quality activity for the community.
For your convenience, those real estate transfers are as follows:
Gary & Toska Boettger – to Gary & Toska Boettger – lots of Hopkins Property – nominal consideration
US Bank National…