Kentucky business news source, The Lane Report, claims in a recent article that one sector of Kentucky's housing market is going strong while other segments flag in the economic downturn. Baby boomers nearing retirement age are driving sales in condominium-style housing, which allows owners to experience a lifestyle with much less property maintenance than a stand-alone home. During a period where...

The Louisville Courier-Journal recently published an article claiming that Louisville home prices rebounded slightly in May 2009. The Greater Louisville Association of Realtors said that the median price of homes sold by its members in May rose 1.5 percent over homes sold in May 2008. The median selling price in May was $137,000 and this is the first monthly gain in Louisville residential real...

A recent article in the Market Watch section of the Wall Street Journal claims that foreign real estate investors predict that the U.S. housing market will rebound in the second quarter of 2010. The Association of Foreign Investors in Real Estate (AFIRE) issued a survey to its more than 200 members, and respondents expect to triple their investments over the final six months of 2009. The survey also...

The economic slowdown and depressed real estate values in many markets have created investment opportunities for perceptive investors with deep pockets. Individual investors with cash on hand buying foreclosed homes at bargain prices have boosted home sales figures over the last several months, and there are indicators that a similar trend is underway in the commercial real estate market. A...

The number of homeowners delinquent on their mortgage payments and the number of home foreclosures rose to record levels in the first quarter of this year. Interest rates on home loans climbed as the government's efforts to contain falling home prices appeared to lose momentum. The foreclosure report on Bloomberg.com claims that the delinquency rate climbed from 7.88 percent to a seasonally-adjusted...

The worldwide economic downturn is affecting housing markets everywhere, including condominium projects in downtown Louisville. A recent article in the Louisville Courier-Journal claims that some downtown Louisville condo projects are being delayed and others turned into rental properties as slow sales and uncertainty about job security deter skittish developers and potential condo owners.  The...

A recent article in the Louisville Courier-Journal claims that the selling price of Louisville homes dropped again in April according to figures provided by the Greater Louisville Association of Realtors. They report that the median selling price of Louisville homes fell by 2.3 percent in April 2009 and is down by 6 percent for the first four months of the year. Members of the group report that they...

An article in the Christian Science Monitor claims that pending home sales across the country climbed in April for the third month in a row and are now at their highest level since last September. Pending home sales are real estate transactions where a buyer signs a contract, but the deal has not yet closed. Pending home sales are regarded as a bellwether of the real estate market and real estate...

A recent article in the Louisville Courier-Journal provides very welcome news to supporters of a longtime Louisville area landmark. The former Colgate-Palmolive plant in Clarksville renowned for its huge clock has been purchased by Active International, an advertising and trading company based in New York. Before Colgate bought the plant in 1921, the building was a Kentucky state prison. The famous...

Every homeowner has a unique set of needs when it comes to selling a home. Some people excel at getting the word out and meeting with potential buyers. Other homeowners take to the paperwork and marketing like pros. Depending on the strengths a homeowner has, there are several ways to sell a home. Here's a comparison of three common ways to sell your home: For Sale By Owner (FSBO) For the homeowner who...