Things are certainly picking up this summer. Whether they will continue to move upward through the Fall/Winter remains to be seen but come next Spring I expect a large number of new listings.
WAVE3’s Connie Leonard has an article titled, Louisville realtors and builders encouraged by surge in home sales, up on their site. Here’s a snippet:
Louisville realtors and home builders are cautiously optimistic right now. That’s because for the fourth consecutive month, the volume of re-sales and new home sales is growing faster than most economists predicted.
Very promising data for everyone but home buyers, who might soon be missing the opportunity to take advantage of these reduced home prices.