January 21, 2018

Could Louisville Homes Sales be on the Increase? By Bob Sokoler, www.weselllouisville.com

By Bob Sokoler,  www.weselllouisville.com New Home sales numbers for October 2010 show some encouraging signs. But you have to look beyond the current sold number. On the surface the number of homes that sold/closed in Louisville Kentucky was down some 65% when compared to October 2009. The raw numbers look this way 798 sold/closed in October 2010 compared to 1210 sold/closed the year before. But here's the ray of sunshine, the number of home going under contract in October this year compared … [Read more...]

Louisville Kentucky Homes Sales drop in July!

First the good news, new numbers just out for home sales in Louisville Kentucky for July 2008 show only a 4.4% drop in sales prices from July 2007. Though a concern for local homeowners, there is comfort in the fact some cities are seeing 30-50 percent drops in home values. Louisville’s’ slight drop in home sales prices is tied directly to two problems: 1)      The number of homes on the market (10,912 as of August 1 2008). That number is high because of the number of foreclosures … [Read more...]