September 26, 2017

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...]

Has help really arrived for 1st time home buyers?

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You may have heard that on Wednesday, July 30, President Bush signed the recently-passed housing legislation (H.R. 3221) into law.   The new first-time homebuyer tax credit went into effect immediately upon the President’s signature.  What is all means to consumers is still being questioned. Some are hoping the credit will convert  ”Just looking, thanks” home browsers into purchasers.  But no one is really sure at this moment. Here are some items we do know: 1) The legislation has … [Read more...]

The flood gates have opened.

The number of showings of our homes and buyers looking for homes started increasing in June. But as of July 1, the flood gates opened, at least for our Medley Sokoler Team at RE/MAX Properties East  in Louisville Kentucky. I’m not sure why, maybe it’s because families are trying to find a home and get settled before school starts, maybe it’s a return of some faith in the economy. Whatever the reason we’re back to sales levels of 2006 and I could not be happier. Of course all that could … [Read more...]

Louisville Named The Most Livable City In America!

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Stop the presses! If you've ever muttered the words "WHO ME..Live In Louisville Kentucky", be prepared to eat your words. According to a report in the Courier Journal Newspaper, "The U.S. Conference of Mayors has awarded Louisville first place in its annual City Livability Award competition." The best part about the award, Louisville won the large city category beating out cities like Las Vegas, Seattle and Orlando.  According to Louisville Mayor Jerry Abramson, “The U.S. Conference of … [Read more...]