What's going on in the real estate market, with Elizabethtown homes for sale, Anchorage Kentucky real estate, New Albany Indiana real estate...every city in the areas of Greater Louisville, Southern Indiana, and Etown/Ft. Knox? Long story short - things are much (MUCH!) better this year than they were at this time last year.
For instance, when you compare the first Sunday in November, 2008 to this past Sunday (the first Sunday in November, 2009) here's what you'll see:
• Number of homes sold in October, 2008 in the Greater Louisville area: 760
• Number of homes sold in October, 2009 in the Greater Louisville area: 975
• Number of homes sold in October, 2008 in the Southern Indiana area: 168
• Number of homes sold in October, 2009 in the Southern Indiana area: 263
• Number of homes sold in October, 2008 in the Elizabethtown/Ft. Knox area: 98
• Number of homes sold in October, 2009 in the Elizabethtown/Ft. Knox area: 133
What does this mean? It means that Realtors are selling 34% more homes this year than they were last year at this time. Buyers are buying 34% more homes this year than they were last year at this time. The real estate market is not at "rock bottom" anymore! So why not celebrate? Buy a new home!
Sales and attitudes about real estate have gotten better. Do you think this is due to the tax credit that was offered for this year or was it some other reason?
Remember that the MLS data changes all the time, so the numbers will be 99.9% accurate as of the end of the day Sunday. The data on the snapshot comes directly from the MLS websites. We are not doing any special programming to produce these numbers.
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