http://louisvillehomesblog.com Real estate news & advice for home buyers and sellers in Louisville, Kentucky Mon, 21 Jul 2008 02:25:46 +0000 http://backend.userland.com/rss092 en I'm not the only one bragging about Louisville real estate these days. It looks like the editors over at This Old House recognize the charm and value in our old Kentucky homes (pun intended). They recently named Old Louisville, Kentucky one of the Top 12 Best Places to Buy and Old ... http://louisvillehomesblog.com/2008/07/20/old-louisville-homes-some-of-the-best-in-nation-according-to-this-old-house/ Panic causes people to do irrational things. Just because one bank fails, doesn't mean your bank is going to fail? Tell that to all those who sold shares of any and every bank stock they owned when they heard about a bank in California that was going under. (Why is ... http://louisvillehomesblog.com/2008/07/19/louisville-banks-strong-compared-to-nation/ Waterfront Park Place is home to some of our cities most expensive homes, which have sold better than many thought possible. News outlets can continue to decry the housing market but Louisville isn't behaving like other metro areas in many respects. Take, for instance, the upper echelon of properties in our ... http://louisvillehomesblog.com/2008/07/08/high-end-real-estate-still-selling-in-louisville/ Much better numbers for June in almost all areas. Compare with May 2008 Home Sales in Louisville, KY if you like. I'm thinking about revising the way I display this data in the coming months, so if you have any suggestions, please feel free to contact me. June 2008 AREA SALES AVERAGE DoM 0 Central Downtown ... http://louisvillehomesblog.com/2008/07/06/june-2008-home-sales-in-louisville-ky/ Here's a quick blurb, albeit an important one, that I found in Business First recently. Although fundamentals are expected to soften this year because of the slowing economy, the Louisville retail market is well positioned for long-term health (emphasis mine), according to a second-quarter Retail Research Report by Marcus & Millichap, ... http://louisvillehomesblog.com/2008/07/06/louisville-looking-at-job-growth/ Foreclosures have a front row seat in the mainstream press these days. What options does a homeowner truly have when faced with this dire prospect? According to a USAToday piece, in cities like Philadelphia, courts are getting involved. Sheriff's sales cannot go forward without a last-ditch effort by the lender and ... http://louisvillehomesblog.com/2008/06/23/fighting-foreclosure-in-louisville-kentucky/ Certainly the most aggressive residential real estate developer in Louisville these days is Steve Canfield. In what Business First calls a "gloomy outlook" Canfield is announcing two new housing developments. The first development, Glenview Park, calls for a 52-lot subdivision that would be located on Cabin Way, near Lime Kiln Lane. ... http://louisvillehomesblog.com/2008/06/22/canfield-plans-two-new-developments/ From a wonderful, home improvements site, Home Tips, comes this helpful list of ways to help your home stay cool as Summer is almost upon us. Keeping your home in great shape is your number one way to have a quick sale when you choose to sell. Cut back the transfer ... http://louisvillehomesblog.com/2008/06/19/cooling-your-home-without-touching-the-ac/ As expected, as we head into Spring the number of sales are increasing. Average prices are also holding pretty steady, if not also rising. Compare with April 2008 Home Sales in Louisville, KY if you like, and as always, please contact me with any questions you might have. May 2008 AREA SALES AVERAGE DoM 0 Central Downtown ... http://louisvillehomesblog.com/2008/06/17/may-2008-home-sales-in-louisville-ky/ Listening to Money's opening thrust of this article: The S&P Case/Shiller Home Price Index, which tracks 20 of the largest housing markets, showed prices plummeting by 12.7% in the 12 months ending February. That's the biggest fall since the index began tracking prices in 2000. ...the future doesn't sound very bright, well, ... http://louisvillehomesblog.com/2008/06/09/money-magazine-forecasts-modest-gains-for-louisville-homes/