http://louisvillehomesblog.com Real estate news & advice for home buyers and sellers in Louisville, Kentucky Mon, 23 Jun 2008 13:00:53 +0000 http://backend.userland.com/rss092 en Foreclosures have a front row seat in the mainstream press these days. What options does a homeowner truly have when faced with this dire prospect? According to a USAToday piece, in cities like Philadelphia, courts are getting involved. Sheriff's sales cannot go forward without a last-ditch effort by the lender and ... http://louisvillehomesblog.com/2008/06/23/fighting-foreclosure-in-louisville-kentucky/ Certainly the most aggressive residential real estate developer in Louisville these days is Steve Canfield. In what Business First calls a "gloomy outlook" Canfield is announcing two new housing developments. The first development, Glenview Park, calls for a 52-lot subdivision that would be located on Cabin Way, near Lime Kiln Lane. ... http://louisvillehomesblog.com/2008/06/22/canfield-plans-two-new-developments/ From a wonderful, home improvements site, Home Tips, comes this helpful list of ways to help your home stay cool as Summer is almost upon us. Keeping your home in great shape is your number one way to have a quick sale when you choose to sell. Cut back the transfer ... http://louisvillehomesblog.com/2008/06/19/cooling-your-home-without-touching-the-ac/ As expected, as we head into Spring the number of sales are increasing. Average prices are also holding pretty steady, if not also rising. Compare with April 2008 Home Sales in Louisville, KY if you like, and as always, please contact me with any questions you might have. May 2008 AREA SALES AVERAGE DoM 0 Central Downtown ... http://louisvillehomesblog.com/2008/06/17/may-2008-home-sales-in-louisville-ky/ Listening to Money's opening thrust of this article: The S&P Case/Shiller Home Price Index, which tracks 20 of the largest housing markets, showed prices plummeting by 12.7% in the 12 months ending February. That's the biggest fall since the index began tracking prices in 2000. ...the future doesn't sound very bright, well, ... http://louisvillehomesblog.com/2008/06/09/money-magazine-forecasts-modest-gains-for-louisville-homes/ Just a quick post to note what we've been saying around here for months has been getting some local attention. "We're very fortunate in that we're kind of steady. We never saw crazy appreciation, 30-40 percent increases in value, but at the same time we're not experiencing the flipside to ... http://louisvillehomesblog.com/2008/06/07/louisville-foreclosures-on-the-decline/ Knowing the score holds key to a home in Louisville A high credit score is great, but a large down payment is even better. Web-based home sellers may get MLS access There will always be a niche for the less than full-service brokers but statistics have shown (thus far) that as the complexity ... http://louisvillehomesblog.com/2008/05/29/louisville-real-estate-quick-links/ Not exactly real estate news but if you're a parent of young kids like I am, it's always great to have extra activities on deck. The Northeast YMCA has been working on Calypso Cove and it's about ready to open! Pools, slides, playgrounds, it has it all. And it's all going ... http://louisvillehomesblog.com/2008/05/23/northeast-ymca-opens-water-park/ The government isn't big on branding, otherwise they wouldn't name organizations things like the Office of Federal Housing Enterprise Oversight (OFHEO). Nonetheless, they are big on data... and tons of it! OFHEO just released this 82-page monster titled Decline in House Prices Accelerates in First Quarter. Doesn't sound very positive does ... http://louisvillehomesblog.com/2008/05/22/kentucky-home-values-up-28-16th-best-in-nation/ Rock Springs is a brand new RJ Thieneman neighborhood right off Highway 22 still inside Jefferson County. (It's streets aren't even mapped yet!) Homes start in the low $300s and feature styling not commonly found in traditionally minded Louisville. Rock Springs, near Prospect and Glen Oaks, is close to shopping ... http://louisvillehomesblog.com/2008/05/20/louisville-neighborhoods-rock-springs/