There are currently 30 blog entries related to this category.
Thursday, September 1st, 2011 at 4:11pm. 898 Views, 0 Comments.
Most of the persons that donate to charities and help them through the winter months, are also the persons most likely to be feeling some of the fallout from the real estate markets and mortgage industries. Add in rising food and energy costs, and many persons with disposable incomes to help out others, may start feeling the pressure that they need to help themselves first.
And then add in more persons in need of charitable assistance this year – many charities are reporting up to a 25% increase in persons in need this year.
Then add in the recent drop in the stock market (the S&P…
Thursday, September 1st, 2011 at 4:07pm. 1838 Views, 0 Comments.
Applicants desiring to make application for the program, can apply at the Rural Development Office located at 90 Howard drive in Shelbyville Kentucky.
The maximum possible loan under this incentive program is $20000 with the interest set at 1% with a loan term not to exceed 20 years.
The uses for the home repair loans can be for a variety of needs including:
Thursday, September 1st, 2011 at 3:59pm. 1106 Views, 0 Comments.
This award is just one of many that Kentucky has received recently fro economic development awards. Other recent awards and honors include:
Thursday, September 1st, 2011 at 3:46pm. 869 Views, 0 Comments.
The Louisville Kentucky newspaper, The Courier Journal recently had an article about United States jobs and payrolls. Employers have added two times the number of jobs that was previously projected for the month of October 2007. The Labor Department also noted that payrolls grew by 166000, and that the unemployment rate didn’t move and is holding steady at 4.7%. All of these are good indicators despite the nervous economy regarding the housing market being soft and mortgage industry being in turmoil. Kentucky’s rate for unemployment is at 6.1%.
The job increases came primarily from the following sectors:
temporary help firms
hotels & motels
accounting & book keeping…
Thursday, September 1st, 2011 at 4:14am. 990 Views, 0 Comments.
This golf tournament, while one of the great wonders in sports, is also expected to draw 240,000 visitors to the state.
This has caused a rush on local hotels as they are filling up fast for the event. Hotel rates usually range from $80 – $100 in the Louisville KY metropolitan area, but for the dates during…
Thursday, September 1st, 2011 at 4:11am. 1074 Views, 0 Comments.
The Louisville Kentucky newspaper The Courier-Journal wrote an interesting article today about the Jefferson County Kentucky 2007 tax bills.
Almost 308,000 tax bills have been sent out to property owners in Jefferson County KY.
2007 Tax Rates are as follows:
Jefferson County (metro government) 12.55 cents per $100 of assessed value. [This is down .05 cents from 2006.]
State of Kentucky 12.4 cents per $100 of assessed value [This is down .4 cents from 2006.]
Jefferson County public schools 61.5 cents per $100 of assessed value [Same as 2006.]
To give an example for a homeowner that would be assessed all 3 of those taxes on home that has a value of $200,000, they will pay $1729 this year.
Persons that pay their tax bill early no…
Thursday, September 1st, 2011 at 4:10am. 940 Views, 0 Comments.
According to the article, foreclosure rates nationally increased by 30%, which brings the total to more than double what they were a year ago. On the other end of the spectrum, Kentucky real estate foreclosures only increased by 3.5% putting Kentucky below the national average, and 36th overall for the 3rd quarter 2007, and is actually a decrease of 0.2% from the previous year’s 3rd quarter in 2006.
Despite the somewhat weak national real estate market, Kentucky continues to weather the storm so to speak with little effect here on a local level.
Nationally, in the 3rd…
Thursday, September 1st, 2011 at 4:07am. 728 Views, 0 Comments.
5 months ago on May 17 2007, 30 year mortgage rates were at 6.21%.
15 year fixed rate mortgages have averaged 5.91% which is down from 5.99% last week.
5 year adjustable rate mortgages averaged 5.98% which is down from 6.03% last week.
1 year adjustable rate mortgages averaged 5.57% which is down from 5.66% last week.
Its a good time to buy real estate in Louisville Kentucky especially if you are moving up to a more expensive property. A lot of…
Thursday, September 1st, 2011 at 3:59am. 894 Views, 0 Comments.
As you recall, several months ago, there was concern that this Calabasas California based company may even go bankrupt. That concern was staved by an infusion of monies from various sources including Bank of America.
The primary reason for the increase in stock share price, is company projections for a profitable 4th quarter, as well as the entirety of…
Thursday, September 1st, 2011 at 3:17am. 767 Views, 0 Comments.
The National Association of REALTORS (NAR) holds a conference every year where all of the members can come exchange ideas, keep up to date on the latest market changes, and socialize with their peers across the globe.
There are various educational seminars, forums, and training sessions at this year’s conference.
The slogan for this year is “No Limits”. More than 700 exhibitors are expected to be in attendance. This will give persons the opportunity to view the latest tools for marketing that are currently available.
The conference will be held at the Venetian…