Housing Market

Oct. 11, 2023

Market Update for Madison County, Kentucky!

🏡📊 Market Update for Madison County, Kentucky! 📊🏡

August Residential Housing Stats are in, and they paint a promising picture for our community! 🌟 Here’s a quick snapshot:

🔍 Total Sold Listings: 115
📈 Average Sales Price: $290,000
📉 Days on Market: 33

The beat of the market is ...

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Sept. 5, 2023

Expert Home Price Forecasts Revised Up for 2023

 

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008 ...

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Aug. 9, 2023

There's Only Half the Inventory of a Normal Housing Market Today

Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.

You may have heard inventory is low right now, but you may not fully realize just how low or why that’s ...

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June 20, 2023

Why the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a ...

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April 26, 2023

What Are the Experts Saying About the Spring Housing Market?

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in ...

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Dec. 28, 2022

Housing Outlook 2023

 

What will the new year bring for homebuyers, homeowners and home sellers? Lower or higher home prices? Higher or lower mortgage interest rates? Or a continuation of the overheated pandemic-inspired housing market?

There’s no question that the blistering housing market of the past three years was hard on homebuyers ...

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July 26, 2022

How to Navigate the Shifting Housing Market

It's undeniable that the real estate market has been hot over the last couple of years, with low inventory across the boards and high competition among buyers. However, the market now seems to be making a shift. After three years, the inventory of homes for sale has finally increased ...

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Posted in Housing Market
July 12, 2022

Madison County Market Update - June 2022

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Madison County market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your ...

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Posted in Housing Market
July 5, 2022

Madison County Market Update - May 2022

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Madison County market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your ...

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Posted in Housing Market
May 24, 2022

Madison County Market Update - April 2022

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Madison County market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your ...

View More
Posted in Housing Market