La Grange Kentucky 
There are currently 13 blog entries related to this category.
North Oldham High School Tis The Season Artisan & Spirit Fest
Friday, September 2nd, 2011 at 9:49pm. 122 Views, 0 Comments.
For those wondering what its all about: think St. James Court Art Fair with an Oldham County KY flair.
Some of the highlights of the event include picture opportunities with Santa Claus, crafts for children, and a host of winter time treats will be available such as chili, cider & baked goods.
There is still some room for artists and artisans to participate – so if you want to be a part of this great event, you better get your application in ASAP. Call (502) 442-3173 for more information. But, better hurry if you have interest, space is limited and…
Louisville House Prices Decline 5%
Friday, September 2nd, 2011 at 9:38pm. 158 Views, 0 Comments.
The Greater Louisville Association of REALTORs (GLAR) have provided the latest homes prices figures. Louisville house prices have declined 5% in the past year (from October 2007 through October 2008). The current average value for a Louisville home now stands at $130,000. And if you look at it from a multi-county perspective of including Jefferson, Bullitt and Oldham County, there has been a decrease of 22% fewer homes being sold in 2008, relative to the same time frame in 2007. Still, compared to many other markets nationally, Louisville is still holding steady and fairing the tough economic conditions quite well. Many markets saw an 11% decrease last month alone.From an “on the ground” perspective from Louisville Realtors, we’ve begun…
August 2008: Louisville Real Estate Market Softens
Friday, September 2nd, 2011 at 9:21pm. 127 Views, 0 Comments.
While the Louisville real estate market has been fairly immune to the slowing market nationally, the latest data is now showing that things are starting to soften somewhat in regard to the sale of single family residential homes and condos.Before we get into the August 2008 numbers, I wanted to recap all of the numbers for this year. So, lets take a look at the data and see what we can make of it:
January 1 – August 31 2007
Homes Sold 10513
Average Sales Price $174,428
Median Sales Price $140,000
January 1 – August 31 2008
Homes Sold 8021
Average Sales Price $170,711
Median Sales Price $137,000
So, as you can see – theres been a fairly stiff decrease in the number of the Homes Sold in Louisville this year of nearly…
Housing Bailout Possible
Friday, September 2nd, 2011 at 9:03pm. 60 Views, 0 Comments.
President Bush recently stated his belief that a housing bailout was possible. He hopes that a compromise surrounding the proposal can be reached with Congress, but feels that it will be necessary for it to be less about politics and more about actually helping home owners. The Senate is currently discussing a possible $300 billion plan that would provide an ability for cheaper loans for those persons that are at risk of losing their homes but it has been tied up in debate for some time now and may be losing some steam behind the measure. Additionally, the plan would essentially overhaul the Federal Housing Administration.The discussion for the proposed legislation hopes to regain momentum after the legislators get back from a week long break. The…
Louisville Foreclosure Rate Declines
Friday, September 2nd, 2011 at 8:27pm. 90 Views, 0 Comments.
The Louisville foreclosure rate declined by 48% this year in 2008 compared to the same month in 2007. And this is on the heels of a decline of 8% drop that took place during the 1st quarter of this year (again, using the same frame of comparison of during the same period in 2007).
And if you compare those numbers to the national average that has experienced a 65% INCREASE in foreclosures, you can see clearly that the Louisville real estate market is definitely bucking the trend.
To get into specifics: 288 foreclosure filings were made in the metropolitan Louisville homes market for April 2008. This equates to approximately 1 in every 1874 homes in the area. Nationally, there was approximately 1 foreclosure filing made for every 519…
New Louisville Homes Starts Decline
Friday, September 2nd, 2011 at 8:22pm. 81 Views, 0 Comments.
The most recent numbers are in from the Home Builders Association of Louisville. New Louisville homes are down approximately 30 percent from this time last year. The Home Builders Association of Louisville has even gone so far as to recommend to its members to delay additional new Louisville homes that they may be planning until some of the properties that are currently on the market are sold.There remains a tremendous amount of inventory on the market currently. For the metropolitan Louisville real estate market, inventory is currently sitting at approximately 9-10 months. (What that means is, if no new homes came on the market, the properties currently on the market, and demand for purchasing a Louisville home remained steady, those homes would…
Oldham County Kentucky Schools Redistricting Approved
Friday, September 2nd, 2011 at 2:46pm. 121 Views, 0 Comments.
As some of you will recall the article regarding the Oldham County Kentucky Schools voting, its now official: Oldham County will be redistricting and reassigning 1000 students to new schools.This approval was done unanimously by the Oldham County Board of Education – and over some protests and disagreements from various parents of children that are attending the schools within the county. Parents criticized that they were not given an adequate voice for the process and that they went more or less unheard for input on the proposal.
The school officials held their ground that they had adequate input from parents, and that revisions that were made reflected the concerns of most parents of children within the school system – and that these…
Oldham County Kentucky School District Vote
Friday, September 2nd, 2011 at 2:34pm. 111 Views, 0 Comments.
The Louisville Kentucky newspaper The Courier-Journal published an aricle today regarding the Oldham County Board of Education, and possible redistricting vote that is to take place this evening.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…
New Homes For Sale in Louisville KY drop sharply
Friday, September 2nd, 2011 at 12:23pm. 319 Views, 0 Comments.
The Wednesday January 23 2008 edition of the Louisville KY newspaper, The Courier-Journal contained an interesting article regarding that new homes for sale in Louisville KY are down significantly for the year 2007, and will be dropping sharply for 2008.To review, if you look at the amount of building permits that were issued from 2005 through present, there is an approximately 35% decrease in the number of permits issued through 2007. The specific numbers are as follows:
Jefferson County 2007 2098 permits issued
Jefferson County 2005 3212 permits issued
Oldham County 2007 610 permits issued
Oldham County 2005 358 permits issued
To cite a real example by looking at one of the largest regional new home builders in the…
LaGrange KY Real Estate Sign Regulations
Friday, September 2nd, 2011 at 12:07pm. 108 Views, 0 Comments.
The Louisville KY newspaper The Courier-Journal had an interesting article today regarding LaGrange Kentucky real estate sign regulations. To bring everyone up to speed – last year in the Spring of 2007, the La Grange City Council approved and passed a new stricter sign and lighting ordinance that affected all properties within the community.Its intent was to help preserve some of the charm and quaint feeling that this lovely area provides. However, after almost a year of implementation, feelings have changed that the ordinances were perhaps too strict and restricted growth of possible new businesses in the area – particularly new small owned businesses. Some of the restrictions included currently are a ban on electronic signs, internally…
