Homes sales in Louisville increased in August when compared to August 2010 numbers, according to data released by the Greater Louisville Association of Realtors. August saw over a 20 percent increase in sales when compared to the same month last year, but the housing market in the Louisville region continues to struggle compared to past… Continue reading Home Sales in Greater Louisville Remain Low Despite August Gains
PNC Plaza in downtown Louisville has been sold. A division of Optima International purchased the building at 5th and Jefferson streets for roughly $77 million. Business First reports that the tower’s value has increased since it was sold in 2000 and 2007, and that could be indicative of increased value of downtown properties in the… Continue reading PNC Plaza Sold
Since the recession began, the housing market in Louisville and nationwide has fluctuated significantly from month to month. But local realtors are hoping for a boost in sales this summer. Greater Louisville Association of Realtors president Lamont Breland says warm weather, low interest rates and dropping unemployment can all boost sales, though he’s not expecting… Continue reading Realtors Hoping for Slight Boost in Sales for Summer
The first-time homebuyer federal tax credit will expire Friday. Anyone who has not owned a home in the last three years must be in a binding contract by then and close the sale by the end of June to qualify.
The Greater Louisville Association of Realtors says home sales numbers for July are encouraging.
The owner of Louisville’s Oxmoor Center and Mall St. Matthews is no longer negotiating with its bondholders for a reprieve of debt payments.