Quick Hits in the Louisville Housing Market

There’s so much to cover, rather than devote a post to each topic I thought I’d hit them all at once—bullet style. Let’s go!

1. New-home sales skyrocket in April
   “Builder optimism is much higher now than it was at the end of February.” I should think so!
2. Existing-home sales, prices decline
   Free market forces are forcing sellers to bring down prices to accommodate the large number of available homes.
3. Aslan Recognized in Affordable Housing Finance’s “Top 50”
   This Louisville-based development firm is turning some heads as they focus on “affordable housing projects” in the Southeast. This sector is often ignored because of the lower margins.
4. Habitat for Humanity due award
   The Louisville chapter has built 250 homes since it began. That’s incredible!
5. Urban areas see biggest gains in property value
   City planners understand about all the benefits of urban renewal, but I wonder if they knew that it could also be so profitable?
6. Habitat to seek new areas for its homes
   In my opinion, Louisville homebuyers are looking for more low-end housing choices and, as you might guess, that is Habitat’s specialty.