Tuesday, May 15, 2012

Louisville home sales | Realtors say multiple offers bolstering prices | Derby City Cents

Louisville home sales | Realtors say multiple offers bolstering prices | Derby City Cents


Members of the Greater Louisville Association of Realtors sold 1,054 houses and condos in April, a 14 percent increase from a year earlier.
Sales are up 12 percent for the first four months of the year and the median sales price has also risen 4 percent to $133,463, the association said in its monthly news release.
The number of homes that went under contract in April jumped 21 percent from last year, an indication that more sales in the pipeline to close in May or June.
“Many buyers are ‘getting off the fence’ and the level of investor interest is also increasing as stock performance has leveled off from the rebound in 2010-11,” the group said.
The association also said its members have reported an increase in multiple offers for properties, which is helping to bolster prices.




Joel Lobb (NMLS#57916)Senior  Loan Officer
502-905-3708 cell
502-813-2795 fax
jlobb@keyfinllc.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*





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