Market Updates

June 3, 2026

The Mid-Year Housing Market Update: Why Forecasts Changed in 2026

If the housing market feels confusing right now, you’re not alone.

Mortgage rates have risen. Home sales haven't picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable.

The truth is: a lot changed …

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Posted in Market Updates
May 6, 2026

Why Some Homes Are Selling Fast in Richmond & Berea—And Others Are Sitting

If you’ve been keeping an eye on the Richmond and Berea market, you’ve probably noticed something interesting…

Some homes are selling quickly—while others are sitting.

So what’s the difference?

It’s not random. And it’s definitely not luck.

Let’s break down what’s actually happening in our …

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Posted in Market Updates
Dec. 31, 2025

Reasons To Be Optimistic About the 2026 Housing Market

If a move is on your radar for 2026, there’s a lot more working in your favor than there has been in a while.

After a stretch where many people felt stuck, 2026 is shaping up to be a year with more balance, more options, and more clarity for …

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Posted in Market Updates
May 23, 2024

April 2024 Market Update for Madison County

📊🏡 It's that time of the month again! Let's circle back and look at April market statistics. We're excited to have Susan Hatfield from Benchmark Mortgage with us today to give insights on the market, interest rates, and loan types. 📈🏠

Here are some key stats for Madison …

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Posted in Market Updates
Nov. 28, 2023

October Market Update for Madison County, Kentucky

🏡📊 Market Update for Madison County, Kentucky! 📊🏡
October Residential Housing Stats are in, and they paint a promising picture for our community! 🌟 Here's a quick snapshot:
🔍 New Listings: 102
📈 Average Sales Price: $307,000
🏡 Sold Units: 78
With …
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Posted in Market Updates
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 …

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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 …

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March 2, 2023

Equity Gains for Today’s Homeowners

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

How Equity …

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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 …

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