Thursday, May 17
Even while signs of a real estate recovery are rising up across the nation, we’re still a ways off from the high watermark of 2005 when Louisville saw 33% more homes sold than were sold last year. That’s quite a drop! When homeowners are not moving into new homes, they are updating their current homes. [...]
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Looking at the decline of Louisville home values for each area during 2011, we saw a wide range in values, to speak bluntly. Whenever data is aggregated, we lose the important differences that show how real estate is really best viewed in more homogeneous micro-areas. For area-by-area Louisville housing report charts (8 monthly and 7 [...]
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The great housing recession has brought a number of problems to homeowners and real estate professionals nationwide. Mortgages are harder to get, a multitude of families are losing their homes and the crisis has taken a massive swipe out of real estate jobs from sea to shining sea. To be fair, there are some winners [...]
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When we at Insider Louisville do our question-and-answer interviews, they’re with business leaders/entrepreneurs or groups of deal makers who have made news. But this Q&A with real estate broker/developer Gant Hill includes breaking news. In his list of big projects he submitted, Hill considerately added a nice deal in the works: The pending sale of the [...]
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In one of my light-bulb moments, I discovered that (at least here in Louisville) unemployment has proven to be a bigger factor in determining home sales activity than traditional real estate metrics. Now that unemployment has started trending lower it will be interesting just how much sales will be affected, especially considering that interest rates [...]
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Welcome to Insider Louisville’s April 16 top secret, always confidential Monday Business Briefing. These are biz tips Insider Louisville staff and contributors have collected during the past few days, some of which are NOT double-verified like Insider Louisville’s daily reporting. But as we always say, this is the inside dope from insider sources with direct [...]
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Here we go again. Will there ever be an end to the shenanigans surrounding the East End bridge? What is seemingly a straight-forward eminent domain case has met opposition from a handful of people with apparently an ocean full of financial backing. InsiderLouisville.com has been covering this case (with some great work by Curtis Morrison, [...]
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A furlong away from foreclosure: Secretariat farm about to be auctioned at the courthouse door
This isn’t exactly a Kentucky story … yet it is. Remember the opening scenes in “Secretariat” when Penny Chenery was trying to save the family thoroughbred farm? It worked. But later the family sold it to a not-for-profit, which apparently isn’t doing so hot. Among the piles of unsolicited content Insider Louisville gets each week, [...]
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