With Seabiscuit a bestselling book and about to be a summer blockbuster movie, real estate agents expect renewed interest in the "sport of kings" that may cross over into more homebuying in horse farm areas like Lexington, Kentucky.

"Lexington is in the heart of the beautiful bluegrass region of Kentucky," says Realtor Marcia Branham, "surrounded by horse farms, scenic highways and an array of things to do and see."

Advises Branham, "The Lexington area real estate market is very much a seller's market and sellers are very pleasantly surprised at the results they are seeing. Homes are literally being bought just about as soon as they come on the market! Buyers must make very quick decisions when looking for a home. With the current conditions, we are seeing many multiple-offer situations. There are numerous first-time homebuyers and move-up buyers. The demand for prestigious neighborhoods is still on the rise, especially for relocating families and move-up purchasers. With interest rates so low, now is certainly the time to make your move!"

Agrees Realtor Lynne Sneed, "The Lexington area is continuing to experience a strong real estate market, with prices still trending upward. Properties are moving quickly. A lot of relocating families are making their way now. Interest rates don't get much better than this! Those who were waiting are now purchasing. If you have been waiting to make your move, now is the time!"

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Published: July 1, 2003

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