Saw this article in the CJ citing the reason for the increased number of Louisville home sales in October. First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street. Looking specifically at Louisville the increase was substantial. The Greater Louisville Association of Realtors recently reported that its members sold 1,210 homes in October, a 26 percent increase over a year earlier. The median price for homes sold by GLAR members was $133,500, als

Speaking plainly, more homes were sold faster in February than the previous month but at lower prices. If you haven't read Louisville Kentucky Real Estate Review of 2008, I'd love to hear your feedback. Like always, if you have any questions, please don't hesitate to contact me. February 2009 AREA SALES AVERAGE DoM 0 Central Downtown District 3 $29,833 105 1 Downtwn/Old&WestLouisville/Shively 76 $36,478 78 2 Butchertown/Highlands/Germantwn 41 $148,840 69 3 Brownsboro/StMatthews 26 $227,448 88 4 Pleasu

Even though things looked up nationally last month, here in Louisville home sale numbers dropped January 2009 compared to December 2008. The weather certainly didn't help with the big ice storm keeping people indoors, as much as possible. If you haven't read it year, be sure to check out our Louisville Kentucky Real Estate Review of 2008. Like always, if you have any questions, please don't hesitate to contact me. January 2009 AREA SALES AVERAGE DoM 0 Central Downtown District 5 $70,809 41 1 Downtwn/Old&WestLouisville/Shively 56 $37,12

December 2008 was certainly not a good month for Louisville home sales compared to 2008 but after seeing what happened in November I was expecting more down entries. Here's hoping 2009 will bring the upward trend some are predicting. If you have any questions, please contact me. December 2008 AREA SALES AVERAGE DoM 0 Central Downtown District 3 $47,633 26 1 Downtwn/Old&WestLouisville/Shively 81 $50,121 71 2 Butchertown/Highlands/Germantwn 45 $167,390 66 3 Brownsboro/StMatthews 30 $216,487 79 4 Pleasur