Here you see a pap of Louisville home value changes by MLS area for 2012. This story was originally published on InsiderLouisville.com. Editorial changes have been made. To begin, it’s important to say there are a myriad of ways to crunch any group of numbers. For our real estate example, is Louisville only Jefferson County? Or do we include the surrounding counties? Are we supposed to remove cities like Jeffersontown or Prospect that reside in Metro Louisville? Things can get very complex, very quickly. Then there is methodology. Are we comparing averages of homes sold? Taking

1/9/2013 - December finishes up a much stronger year for Louisville real estate. We'll be publishing a more thorough year in review article in the coming weeks but it's safe to say that 2012 surpassed the previous three years in total homes sold. Experts are predicting further improvement over the course of 2013. Home values should certain begin to regain their values that were lost during the worst housing recession in American history. Do you have any questions about Louisville Real Estate? I'd love to help. And as always, thank you for visiting LouisvilleHomesBlog.com! Below

12/6/2012 - In all but one of the monthly reports, Louisville saw a healthy increase in home sales, and in some cases outstanding growth. Leading the way was the colossal month that Area 6 had. Wow! Values continue to be mixed, but most are improving. Area 20 being the lone standout in this trend. All in all, a very solid month. Can we order up several more for the upcoming months? Do you have any questions about Louisville Real Estate? I'd love to help. And as always, thank you for visiting LouisvilleHomesBlog.com! Below you'll find our monthly reports for the following Louisville ho

What has dropped is now returning to norm as Louisville home prices and foreclosures are improving.It's clear that the real estate market has improved in 2012. No question. What's unclear is where we're headed but these Louisville Homes Blog report is promising. Kentucky Home Values Improving According to CoreLogic, Louisville home prices increased by 1.7% in the past year. If you exclude distressed houses, that number is 2.6%. Nationally, the increase was 6.3%, the biggest increase since June 2006. However, homes are still being foreclosed upon and, depending on where you live

Updated: 2/3/2012. Thanks to Chris Cox who found a calculation error, which we've now correct. Many held high hopes for an improving real estate market heading into 2011. Well, maybe that's an exaggeration but there were some signs that the housing recession was lessening and perhaps we would all see improvement in 2011. In most locations, that didn't occur. But it did in some! Looking back on 2011 home value changes So here we find ourselves in a similar position; looking back on the year and trying to determine if 2012 would finally be the year were things went "back to normal."

Home prices have dropped in Louisville to a lesser degree than the Nation but that's starting to change. This isn't great news but every little bit helps. Analysts who monitor real estate data are saying that home values should stop dropping late next year. Here's a quote from the USA Today article: U.S. homeowners lost $681 billion this year, according to a study by real estate website operator Zillow set for release today. That's less than the $1.1 trillion drop in value in 2010, let alone the $2.7 trillion in losses in 2008, Zillow said. And a Zillow survey of 109 economists says

Experts like Donald Trump and John Paulson have been touting the benefits of investing in real estate since October 2010. On this site, we've highlighted the very positive positions of the three key financial indicators for real estate: Interest rates Home prices Inventory Dozens of experts, from a variety of fields, have explained why real estate is a good investment now and why a turnaround is eminent. So why are our Louisville housing reports showing little to no positive movement so far in 2011? The Future's Uncertain and other Jim Morrison Quotes If I had to choose a

Click for a larger size view of the Louisville MLS Areas MapIf there's one thing our society creates now more than ever, it's data. They don't call it the Information Age for nothing. As you would expect, real estate data, no different. The problem is that most of the time this data is published for consumers at the city level. It may be easy to do that but it's not very useful. Every city has wide range of home values, from inexpensive, shotgun houses to palatial mansions on massive lots. Louisville real estate has that same variety. My goal in this 2101 Year in Review is to provi

After a couple of down years, it looks like home values in Louisville are heading back up. This information comes from First American CoreLogic. Home Prices in Louisville-Jefferson County Increase In Louisville-Jefferson County, home prices, including distressed sales, increased by 0.63 percent in December 2009 compared to December 2008. This compares to November's year-over-year HPI, which was 0.06 percent.** Excluding distressed transactions, year-over-year HPI for December is 0.11 percent, compared to November which was -0.87 percent. What's even better is that they're forecast