News that effects residents and businesses in the Louisville- Jefferson County area
Nov 4, 2015, 12:18pm EST Updated Nov 4, 2015, 1:26pm EST
COMMERCIAL REAL ESTATE
Marty Finley – Louisville Business First
If you’ve been paying attention to the Louisville-area industrial real estate market during the last 12 to 18 months,
Washington, D.C. – Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
This month’s reading is a return to HMI levels seen at the end of the housing boom in late 2005.
Louisville, Ky. – The Greater Louisville Association of Realtors (GLAR) reported year-to-date sales up 12.7 percent with 12,442 homes and condos sold versus 11,035 at the same time last year. Sales were up 17.7 percent in September 2015 (1,444 units) compared to September 2014 (1,227 units).
OCTOBER 7, 2015 7:30 AM
Home sales surge in September as inventory remains shallow
Last October, the absorption rate of home inventory for Louisville was 5.21 months. That’s not bad and not far away from a balanced market,
GOOD MARKET IN MULTIFAMILY RESIDENCES
The market is good for companies looking to sell quality multifamily residences, according to Craig Collins, investment brokerage advisor with real estate firm Cushman & Wakefield.
Collins just sold the 88-unit Kennedy Place Townhomes off Dixie Highway for $5.85 million.
The inventory of homes for sale as of August each year, according to the Greater Louisville Association of Realtors
LOUISVILLE, Ky. (WDRB) — There was nothing particularly eye-popping about the 1950s-era,
Louisville, Ky. – Online real-state company Trulia has ranked Louisville as a “most affordable place to live” in country, according to a recent article.
In an article discussing the findings, “Nickeled and Dimed: How Commuting Costs and Utilities Affect Middle-Class Housing Affordability,” Louisville was ranked No.
The Greater Louisville Association of Realtors reported Tuesday that year-to-date sales were up 11.6 percent, with 10,951 homes and condos sold in Jefferson, Oldham and Bullitt counties through August, versus 9,808 at the same time last year.
Sales were up 0.9 percent in August 2015 (1,532 units) compared to August 2014 (1,518 units).
September 8, 2015 4:16 pm Insider Louisville
For the month of August, there were 1,047 properties sold in Jefferson County. As it turns out,
