Wave3 reports that a local man received quite a shock recently when he opened his property tax bill. Property taxes are due at the end of the year around the Louisville area, and when this owner of Louisville real estate opened his latest bill, he knew that something had to be amiss. Or at least he hoped so. The man owns a rental property on Bicknell Avenue that he estimates is worth around...

The Washington Post reports that even while sales of newly built homes languished in November, sales of existing homes were up sharply that month. Most of the boost in home sales was attributed to federal programs, particularly the homebuyer's tax credit, which inspired buyers to take action rather than continue watching the market. November's existing home sales represented the highest level of...

The Wall Street Journal reports that sales of new homes dropped more than eleven percent in November 2009 to a seven-month low. Real estate experts are cautiously optimistic about the country's modest, but steady economic gains. However, there is growing concern that new home sales and sales of existing homes could dive again after the federal homebuyer tax credit program expires in a few...

Many Louisville real estate agents already know very well that the number of people across the U.S. getting ready to buy a home dropped sharply in November 2009. Housing experts say that housing markets across the country could be heading for a "double-dip" drop in sales where a decline in home selling prices is exacerbated by potential homebuyers who can take a bit more time in home shopping...

Kentucky Congressman John Yarmuth has been joined by Louisville Realtors, local homeowners and members of the Home Builders Association of Louisville to announce that more Louisville residents are eligible for a homebuyers tax credit than ever before. "The first-time homebuyer credit included in the Recovery Act has already helped hundreds of Louisville families fulfill the dream of homeownership...

Looking for a Louisville condo for sale? A development group purchased and transformed the 19th Century Cherokee Triangle home, previously divided into eight apartments, into a new Louisville condominium building called The Marseilles of Cherokee Road Condominiums. The new Louisville condo building's address is 927 Cherokee Road—close to Eastern Star Drive—and has been renovated, reconfigured and...

Sales of existing homes received the biggest boost in a decade due to the first-time homebuyers tax credit, fueling hopes of a rebound in struggling real estate markets driving some Wall Street stocks higher. Foreclosures, plunging real estate values and job losses still plague many markets, particularly in California and Florida, while economic indicators in some markets are causing bidding wars for...

This article reports something that Louisville real estate agents already know—many home sellers are willing to lower their asking price to facilitate the sale of their home. More than a quarter of homeowners across the country wishing to sell their home reduced their selling price at least once in the last twelve months, according to real estate search firm Trulia. The company says...

This article reports something that Louisville real estate agents already know—many home sellers are willing to lower their asking price to facilitate the sale of their home. More than a quarter of homeowners across the country wishing to sell their home reduced their selling price at least once in the last twelve months, according to real estate search firm Trulia. The company says...

The Greater Louisville Association of Realtors reported that its members sold 1210 Louisville homes last October, which represented the fourth consecutive month of gains over 2008 year-over-year. President of the local realty group, Linda Gibson Cecil, called the sales figures "very encouraging." Until this past July, monthly home sales in the Louisville real estate market has posted steady declines for...