First Time Home Buyers in Louisville

Student debt is continuing to undermine first time home buyers chances of purchasing a home. According to new data from the Federal Reserve Bank of New York presents new data that elaborates on a report showing student debt grew to nearly $1.2 trillion in 2014, as more students took out larger loans than ever before. Most borrowers actually have less than $27,000 in debt. The average is […] Read more »

Will Louisville Real Estate Prices Rise in 2015?

Housing Expectations for 2015 The median existing single-family home price increased in 74 percent of measured markets last year with 125 out of 170 metropolitan areas showing gains year over year.  Louisville Real Estate showed a small gain of between 3% and 4%. 37 areas, 22 percent, had double-digit increases, and 45 areas recorded lower median prices. Existing-home sales are forecasted […] Read more »

November Real Estate in Louisville

U.S. and Louisville housing starts and permits fell in November, but the underlying trend for new homes remained consistent with an improving Real Estate market. New groundbreaking declined 1.6 percent to a seasonally adjusted annual 1.028 million-unit pace, the Commerce Department said on Tuesday. November’s new housing starts were revised up to a 1.045 million-unit rate. Upward revisions to the previous month’s […] Read more »

Real Estate Prices Rose in October

Real estate data provider CoreLogic said Tuesday that real estate prices increased a whopping 6.1 percent in October compared to October 2013. That was up also from September’s year-over-year increase of 5.6 percent.  Still, home values are rising more slowly than they were earlier this year, when 12-month gains were averaging 11%-12%. The price momentum began to tail […] Read more »

Are Foreclosures Still a Problem?

Foreclosures are still slowing the recovery process. The U.S. housing market has recovered with amazing speed since 2008. In just two years, home prices have mostly recovered to their pre-bubble levels, while the number of foreclosure cases working their way through the system has fallen. According to data released Thursday by Core Logic, there are […] Read more »

A Hot Louisville Real Estate Sector

First Time Home Buyers

One sector of the Louisville Real Estate market that is seeing a real growth trend is multi-family properties. The trend has a lot to do with the after effects of the nation-wide real estate crash. Financing Many potential buyers lost the ability to obtain financing and those that can obtain financing have to jump through many more […] Read more »