https://pm.haifa.ac.il/index.php?action=history&feed=atom&title=User%3AGiddingsPereyra536 2026-05-22T10:43:43Z Revision history for this page on the wiki MediaWiki 1.15.1 https://pm.haifa.ac.il/index.php?title=User:GiddingsPereyra536&diff=56061&oldid=prev 2012-06-18T08:56:34Z

<p>Created page with &#39;Two Year Overview of Louisville KY Properties for sale With 2010 wrapping up, there isn&#39;t any better time for you to look back and take stock and the way truly putrid the Loui…&#39;</p> <p><b>New page</b></p><div>Two Year Overview of Louisville KY Properties for sale<br /> <br /> <br /> <br /> With 2010 wrapping up, there isn't any better time for you to look back and take stock and the way truly putrid the Louisville housing market continues to be and just how bad the future looks for Louisville properties for sale! How do you like that one for any uplifting opening?<br /> <br /> Instead of dealing with all sorts of data, I want to take a look at only two charts today. The first is going to be for asking prices and the second will be inventory levels of homes actively available on the market within the town of Louisville. I won't be checking out surrounding counties, and this data doesn't include sold properties, multi-family units or condos, just single family homes for sale in Jefferson County.<br /> <br /> I'll open with asking prices, the amount of money that home sellers are placing on their listings when they are on the market and hoping to find a buyer. Normally, when we possess a decent market, you realized incremental increases in prices. So that whenever we compare home prices in December of 2010 to December of 2009, we would normally need to see a little rise. And when we glance even further back than last year, we would anticipate seeing a level bigger increase.<br /> <br /> But that is incorrect within our current environment! Our prices today are less than they were both in 2009 and 2008. Ouch. And that holds true for weekly data points recorded in the last 2 yrs as well as trend lines within the same period. At this point in 2008, weekly data points show a value around $149,000 for a median asking price. My most recent measurement now shows an average price of $145,000, a $4,000 drop in 2 years. Rather than increasing house values, we have actually seen a nearly 3% drop!<br /> <br /> [http://chasedenny689.bravejournal.com/entry/93194 Anchorage Kentucky homes for sale]<br /> <br /> They are driving the point home further, as we pick almost any date, and appear backwards, we will see that our 2010 values are well off previous measurements. For example, let's look at median asking prices of Louisville homes for sale on July 1st for each of the past two years. In 2010, home values were $155,000 around the first day of July. Twelve months earlier, asking prices were at $169,000. For that percentage lovers available, that is over an 8% drop in one year. What about selecting a date in the springtime, like the first day in April? In 2010, data shows median prices at $154,000 compared to $160,000 in 2009.<br /> <br /> OK, so now I've established that asking prices of Louisville homes have not been on fire within the last two years. It's time to proceed to inventory levels of homes for sale. In December of 2008, there were approximately 3,750 single family homes for sale in the town of Louisville, according to recorded data points. That number grew to a high water mark of over 5,300 earlier this year before falling back to the most recent measurement of around 4,300 available units.<br /> <br /> I suppose you can reason that we have seen a serious decrease in the number of homes on the market, since we dropped about 1,000 properties in the past nine or ten months. But that ignores the truth that right now we have more homes for sale than we did at this time last year and the year before.<br /> <br /> If you are an objective person, you have to look at the data and notice that our costs are lower now than at this time in either of the two preceding years, and also at the same time, we have more homes on the market at this time than either of the two preceding years. Obviously, this is not the manifestation of a recovering market, but instead a sign that we have lots of homes to buy and equity to restore before we are able to say our market has rebounded.</div>

GiddingsPereyra536