Sunday, August 26, 2012

CoreLogic Says Louisville Home Values On the Upswing

CoreLogic Says Louisville Home Values On the Upswing


CoreLogic with their home price index, says that nationally home values are up 2.5%. They are also predicting a 2.0% increase for July. Here’s what they wrote about the Louisville real estate market.
Home Prices in Louisville-Jefferson County Increase
In Louisville-Jefferson County, home prices, including distressed sales, increased by 2.0 percent in June 2012 compared to June 2011 and increased by 2.2 percent* in May 2012 compared to May 2011. Excluding distressed sales, year-over-year prices increased by 2.1 percent in June 2012 compared to June 2011 and increased by 2.3 percent* in May 2012 compared to May 2011.
Kentucky, as a state, was near the bottom of the rankings nationally with -0.3% decrease for the month. Arizona performed the best with a 13.8% increase. Alabama the worst with a -4.8% decline.



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