November ’09 Dwarfs November ’08

Of course, real estate agents in Louisville are going to try and project a positive image to our city’s housing market. But the numbers don’t lie.

Last month’s home sales were 67 percent above November 2008. Lisa Stephenson says the high sales mark the continuation of a trend that began in summer.

“The last five months of 2009, we say increased sales over 2008,” she says. “So we’ve seen a really great 5 months. That started in July. June was about the same as last year.” [link]

Most of this is credited to the tax credits and entry-level portion of our market.

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