Touching on the same topic as last week’s Louisville: Should You Buy a New Home Now? comes this story from Business First: Louisville one of top cities for affordable housing.
Here’s a quote:
A recent Bizjournals.com study comparing housing affordability in the top 50 metropolitan areas nationwide showed that Louisville, with a No. 11 ranking, is one of the least expensive markets in which to own a home.
As we head into Spring, I’m receiving more questions from my clients about the current state of affairs regarding Louisville’s housing market. With rates low, values holding steady and lots of inventory, I tell them there are going to be a lot of good deals for buyers in 2008. Selling their home? That’s a little bit tougher.