Louisville, KY experienced growth during the fourth quarter of 2006 compared to other markets which did not, according to the National Association of Realtors. Our city is continuing to remain stable across the board, as compared to a decrease or fall in the housing market. As you can see, 73 markets of the 149 reported a decrease, our city was not one of them, as the media may imply. While the national average was a 2.7% decline for the fourth quarter of 2006, the Louisville market experienced an increase of 2.2% during the fourth quarter. Buyers are continuing to buy and sellers continue to sell, those conditions have changed somewhat, however the market is stable.
For more information on this article, and the other 149 reported markets, click here:
Latest Home Prices-fourth quarter 2006
Wednesday, March 7, 2007
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