Louisville Real Estate News

Louisville Has Become A Hot Real Estate Market

Posted 2017-05-18
Louisville Has Become A Hot Real Estate Market! From The Courier Journal ...
Tony Lindauer, Jefferson County's property valuation administrator, said Louisville is one of the hottest real estate markets in America, perhaps behind only New Orleans. He said that many Louisville-area homes are selling at or above the asking price and are staying on the market for a very short while – which greatly limits the available inventory of for-sale residences. Lindauer said he has seen "bidding wars" for homes in areas such as St. Matthews, where some homes recently have sold within an hour of being listed
Greater Louisville Association of Realtors president Allison Bartholomew said that "our members are still working in a very strong seller's market for homes up to $400,000.

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