There are currently 78 blog entries related to this category.
Friday, September 2nd, 2011 at 3:21pm. 1097 Views, 0 Comments.
Does this mean that the national real estate market has finally reached bottom and is on an upswing? Not likely. Many economists continue to predict months to a couple years before a turn around is expected on a large level.
Why do they say that? Well, first off, if you look at the increase of real estate sales of 2.9% from the previous…
Friday, September 2nd, 2011 at 3:16pm. 1846 Views, 0 Comments.
Friday, September 2nd, 2011 at 3:12pm. 1174 Views, 0 Comments.
Gotcha. No, its not actually – but Simpsonville KY real estate did recently increase in size by 130 acres. At the Wednesday March 19, 2008 city commission meeting, it was approved unanimously by a score of 5 to 0 to annex some land to within its city limits that is currently owned by John Schnatter of Papa John’s Pizza fame. The annexation was requested by the real estate owner to prevent it from potentially being annexed into a proposed new city called Veechdale that is gaining some momentum within this community.
And now the city has plans to potentially acquire an additional 10 acres that is located on the southern portion of the I-64 interchange that is currently owned by James…
Friday, September 2nd, 2011 at 2:54pm. 1603 Views, 0 Comments.
Regions Bank, Betty Lewis – to Union Planters Bank – lot 24 Benson Trace section 1 – $1
Taylor Bean and Whitaker Don and Leesa Bennett – to Secretary of Veterans’ Affairs – real estate on Orphan’s Lane – $1
Countrywide Home Loans Inc., Emily Prater – to Federal National Mortgage – lot in Mount Eden – $1
Friday, September 2nd, 2011 at 2:37pm. 1715 Views, 0 Comments.
Friday, September 2nd, 2011 at 2:30pm. 1469 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 2:14pm. 1340 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 12:44pm. 1407 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. 1420 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…
Friday, September 2nd, 2011 at 12:36pm. 912 Views, 0 Comments.
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…