Mercer County REALTOR® Michael T. Inman was installed as the 2022 President of Kentucky REALTORS® at a ceremony on Monday. He will complete his term as President-elect at the end… Continue Reading Inman Installed as 2022 KYR President
Kentucky Home Sales Volume Through Q3 Exceeds $10b
It was only two years ago (2019) that the sales volume figure for the year for Kentucky residential sales topped the ten-billion-dollar mark. It was a milestone that was the… Continue Reading Kentucky Home Sales Volume Through Q3 Exceeds $10b
August Pending Home Sales in Kentucky Down for Third Consecutive Month
One of the best indicators of the following month’s home sales is pending sales. For the third consecutive month, year-over-year pending home sales continue to drop, signaling a slow and… Continue Reading August Pending Home Sales in Kentucky Down for Third Consecutive Month
Growing Housing Inventory Signals More Opportunities for Kentuckians
New listings hitting the market increased for the fifth consecutive month and active listings are also trending upward. These indicators signal that the recent price surge will soon peak as… Continue Reading Growing Housing Inventory Signals More Opportunities for Kentuckians
Kentucky Renters and Landlords May Still Access Relief Funds
State and local organizations are distributing federal rental assistance in their communities. This money can help landlords and renters who are struggling to keep up with rent and other bills.… Continue Reading Kentucky Renters and Landlords May Still Access Relief Funds
Pending Sales Plateau Further Signals a Slowing Housing Market
Last month’s year-over-year pending sales count showed a dip for the first time since the COVID-19 pandemic began. Though down slightly at just over one percent, this signals good news.… Continue Reading Pending Sales Plateau Further Signals a Slowing Housing Market
Housing Market Pending Sales Volume Up Record 50%
The aggregate volume in pending home sales contracts for the state of Kentucky reached a record high last month. $2.2 billion in transactions were under contract in April 2021. This… Continue Reading Housing Market Pending Sales Volume Up Record 50%
Kentucky Economy Enters ‘New Year with Gusto’
Citing widespread vaccinations and an early reopening, a second major rating agency has published a positive economic outlook for Kentucky. The Moody’s Analytics report is the latest in a string… Continue Reading Kentucky Economy Enters ‘New Year with Gusto’
March Marks Tenth Consecutive Month with Housing Sales Gains
The year-over-year sales number increase marathon continues. The only factor currently lurking that might threaten continued growth is the lack of homes hitting the market. The month of March saw… Continue Reading March Marks Tenth Consecutive Month with Housing Sales Gains
Lack of Inventory Dampening Hot Housing Market
The low inventory in Kentucky’s housing market, along with slowly rising mortgage interest rates, is finally influencing the sales boom we have experienced since May of 2020. February closings topped… Continue Reading Lack of Inventory Dampening Hot Housing Market