The local real estate market continues to experience fluctuations that will likely take years to completely stabilize. However, several specific areas in and around Louisville are experiencing signs of recovery and stabilization that are important to note for both home buyers and home sellers. Jeffersontown, Kentucky is one location that is showing positive signs when analyzing real estate statistics.
Over the past year, neighborhoods in Prospect, Kentucky have been affected in a variety of ways by changes in the real estate market. Driving these changes are three primary factors — low mortgage interest rates, high inventory and a limited number of qualified buyers. There remains in the area a perception that we are operating in a “buyer’s market,” however it is more complex than that simple description and it is critical that home buyers and sellers both understand the challenges that they face in the area where they plan to buy.
Middletown, Kentucky is a wonderful, historic town roughly half way between Louisville and Shelbyville that houses many high-quality neighborhoods. Three of the most popular neighborhoods near Middletown are Lake Forest, Douglass Hills and Plainview.
Explore Louisville's history through the eyes of brick and mortar. Winfrey Blackburn and R. Scott Gill will show off their look book of historic homes at The Filson Historical Society this Thursday, November 10th.