Shelby County

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Shelbyville KY Real Estate Transfers week ending 2-8-2008

Friday, September 2nd, 2011 at 12:44pm. 1407 Views, 0 Comments.

shelbyville homesAs always, we like to publish the public record of the Shelbyville homes transfers just so we keep our eyes on the pulse of the market.  This week, we are publishing the records for through 2-8-2008.  If you look at the numbers, most of the properties are in the moderate price range, with most values being under $200,000.  There is 1 anomaly with a higher value that would place it more in the Louisville luxury real estate  area at first glance, with a transfer of almost $1.1 million – but upon closer examination, you will see that it it was sold to a new home development company, so its appears its going to be another housing community of some sort.

Final analysis from looking at the transfers indicates that the transaction average, and number of…

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Shelby County KY Real Estate Transfers week ending 2-1-2008

Friday, September 2nd, 2011 at 12:40pm. 1420 Views, 0 Comments.

shelby county ky real estateThe Shelbyville Kentucky newspaper, The Sentinel News, posted the most recent Shelby County KY real estatetransfers for week ending 2-1-2008.

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…

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Shelby County KY Chamber of Commerce New President

Friday, September 2nd, 2011 at 12:36pm. 913 Views, 0 Comments.

shelby county ky chamber of commerce new presidentThe Shelbyville KY newspaper, The Sentinel-News, had an article in their Friday January 25 2008 edition, written by the new President of the Shelby County KY Chamber of Commerce.  In the article, it was re-iterated the Chamber’s mission statement which is to support commerce & promote growth in order to enhance life in Shelby County.

The President went on to emphasize the importance of communication.  Part of that communication effort that is being realized is by having an article from the Shelby County Chamber appear each month in The Sentinel-News called “Chamber Chat”.  Additionally, they have been requesting feedback from its members.  Last summer, there was a survey sent out and requested information for areas of improvement and…

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Shelbyville KY Real Estate Development Catalpagreen

Friday, September 2nd, 2011 at 12:33pm. 7580 Views, 0 Comments.

shelbyville ky real estate developmentThe Shelbyville Kentucky newspaper, the Sentinel-News, had a good article in their Friday January 18 2008 edition regarding a new Shelbyville KY real estate development known as Catalpagreen.  The 120 acre project includes 239 units (175 single family homes, and 69 patiohomes) is located off Ardmore Lane and US 60.  The project is being developed by local Louisville real estate developer Canfield Development.  Canfield Development has done several developments within the Louisville real estate metropolitan area including Prospect, Jefferson County, and Oldham County.  Their reputation is generally well received.

The units for each of the homes for sale will have size ranges from 1200 sq.ft to 2400+ sq.ft.  Prices are currently estimated to be…

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Shelbyville KY Real Estate Transfers week ending January 18 2008

Friday, September 2nd, 2011 at 12:04pm. 8463 Views, 0 Comments.

shelbyville ky real estateAs always, for your convenience, please find the Shelbyville KY real estate transfers for week ending January 18 2008 as published by the Shelbyville KY newspaper, The Sentinel-News.  A few interesting points to note are that some of the luxury homes for sale in Louisville KY metropolitan area have started to move.  Several properties in the half million dollar plus range have sold this week.  Granted, most were horse farms for sale in Shelbyville Kentucky, but still its good to see some of the higher end properties beginning to break free from the Louisville real estate market.  Anyway, the Shelbyville KY real estate  transfers are as follows:

Tony & Reida Kerr – to David & Sheila Likes – tract 2 Catridge Acres – $70000

Winters Properties,…

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Shelbyville Kentucky Real Estate Transfers week ending January 7 2008

Friday, September 2nd, 2011 at 12:00pm. 1422 Views, 0 Comments.

shelbyville kentucky real estateAs usual, we are posting this update of real estate deeds and transfers that were posted for the metropolitan Louisville real estate market.  The following are the transfers include transfers for Simpsonville, Shelby County KY, and Shelbyville Kentucky real estate:

Fremont Investment & Loan through Countrywide Homes Inc – to HSBC Bank USA NA – Lot 55 Cloverbrook Farms Phase 1 Section 1 – $1

Deutsche Bank, Franchella Gray, Ireesha Gray, et.al. – to Deustche Bank – lot 137 Cloverbrook Farms phase 1 section 1 – $1

MAC Mortgage, Marcus Deane – to GMAC Mortgage – lot 9 Rolling Ridge subdivision phase 1 – $1

Citimortgage Inc, Bonita Ashby, Benjamin Ashby – to Citimortgage Inc – lot 35 Glenview Estates – $1

Randall & Anya…

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Louisville KY Real Estate Market – Review of 2007

Friday, September 2nd, 2011 at 11:57am. 1180 Views, 0 Comments.

louisville ky real estate marketIf you just read the national reports on how the real estate and homes market is faring across the USA, its mostly doom and gloom.  A record number of foreclosures, squeezing by the mortgage industry and tightening of credit along with the market falling in many real estate markets, has consumers believing that its a national pandemic for real estate right now.  Nationally, there was a decline in new home sales of 9% in November 2007.  Home sales overall are down 20%.  And the median sales price for home values has decreased by 3.3% from just a year earlier in 2006 with the home values median price being $210,000 for November 2007.

That being said, many of the markets that are seeing “hard times” currently – are the same ones that saw 30%…

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Louisville Real Estate transfers week ending January 11 2008

Friday, September 2nd, 2011 at 11:53am. 2087 Views, 0 Comments.

louisville remaxAs we always do, for your convenience, the following are the Louisville real estate metropolitan area transfers for week ending January 11, 2008 for Shelbyville Kentucky as reported by The Sentinel-News:

Larry Cornwell – to Larry & Helga Cornwell – Tract 9 Agricultural Division Zenger Farm North divided – no consideration was noted

Norman & Barbara Allgeier – to Ellis & Lydia Lutes – tract 2C Elza Raisor Farm tract 2 redivided – no consideration was noted

Ellis & Lydia Lutes – to Norman & Barbara Allgeier – tract 6 agricultural division High Field – no consideration was noted

J. I. L. Development Co. Inc. – to John & Kara Owens – lot 49 Magnolia Place section II – $227000

Kenneth & Susan Yeager – to James Tucker &…

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Shelbyville KY Real Estate Transfers week ending 1-4-2008

Friday, September 2nd, 2011 at 11:50am. 1460 Views, 0 Comments.

shelbyville ky real estate transfers week endingFor your convenience, the following are the Shelbyville KY real estate transfers for week ending January 4, 2008 as reported by the Shelbyville Kentucky newspaper The Sentinel-News:

Fremont Investment & Loan through Countrywide Homes Inc and heirs of Bruce Casteel – to HSBC BankUSA – lot 55 Cloverbrook Farms phase 1 section 1 – $1

Deutsche Bank, Franchella Gray, Ireesha Gray – to Deutsche Bank – lot 137 Cloverbrook Farms phase 1 section 1 – $1

MAC Mortgage, Marcus Deane – to GMAC Mortgage – lot 9 Rolling Ridge Subdivision phase 1 – $1

Citimortgage Inc., Bonita Ashby, Benjamin Ashby – to Citimortgage Inc – lot 35 Glenview Estates – $1

Randall & Anya Carnes – to R. L. & Judy Turner – tract 3 High Field –…

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Home Prices Decrease Across United States

Friday, September 2nd, 2011 at 11:44am. 3695 Views, 0 Comments.

home price decrease across united statesSingle family home prices decreased across the United States for the first time since 1994 according to a recent report prepared by Global Insight & National City Corp.

The drop came in the 3rd quarter of 2007 when the median value of a home in the United States decreased by approximately 1%.  Approximately half of all metropolitan areas saw a decline.

This is an interesting point to note – because until this most recent study, the stronger real estate markets in the US have helped buoy up the other markets that were bringing the overall numbers down.  This is an indication that the other markets that have been fairing well even in a softer real estate market, may be slowing down and are not able to carry the rest of the other markets across the…

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