Opinion Residential

Louisville Housing: Good News vs. Bad News

Photo of a reporter in front of a police car

Media outlets spend a large majority of their time covering negative news items, while positive news often goes largely unnoticed.

There seems to be a never-ending flow of negative news coming from news outlets these days; especially regarding the housing market. True, it’s a tough time for sellers given all the inventory out there. But the “silver lining” is that home values continue to rise in Louisville. That’s certainly good news.

Like every market, corrections occur to make recent increases more realistic and reasonable. So, just because a house has dropped its asking price by $30,000 doesn’t mean the sky is falling. It could mean they were asking too much to begin with. (I love how writer’s strive to find a way to put a negative spin on everything. Actually, I don’t.)

For even more good news, that we hear so little about, is that home buyers can get amazing deals. Where is all the chatter about this golden opportunity? Isn’t this something we could focus even a little attention upon?

If there’s one thing we can set our watches by, it’s that the news is 80% negative (crimes, disasters, etc.) and only 20% positive. In the case of our housing market, I would set those closer to 50%/50%.

About the author

Tre Pryor, Editor-in-Chief

Tre Pryor is the recognized expert Louisville Realtor who can:
  • List and sell your current home in Louisville,
  • Help you purchase your next Louisville home, or
  • Guide you in your relocation to Louisville, Kentucky
» Contact Tre now!

Leave a Comment