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November 16, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Louisville, Kentucky

Reported by Steven Elmore, REALTOR

Updated October 25, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
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5
Falling

Rising

Going into the last quarter of the year, interest rates are fantastic now and it is a GREAT time to buy. Our market has been slow over the last year. However, we are no where even remotely depressed as other parts of the country. We have seen a larger number of foreclosures in all price ranges. But, our market has remained consistent with small amounts of appreciation in some areas and small amounts of depreciation in others, but no big jumps in either direction. Currently, we have a strong buyer's market and it is a great time to buy. Activity did pick up in showings of homes over the last three months, but has declined in the last 2 weeks.

ZIP Code: 40223

Location Characteristics: Louisville is Jefferson County, Kentucky. Our Multiple Listing Service also includes surrounding counties: Oldham, Spencer, Bullitt, and Shelby.

For More Information:

View Market Conditions of other areas served by Steven Elmore

Navigate: Top > Kentucky > Louisville

About Steven Elmore:
Steve Elmore, Realtor, Broker Associate in Kentucky and Indiana, The Elmore Group with Re/Max Associates, GRI, E-PRO, ABR


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

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