Residential

Kentucky Home Prices Up Despite Inventory Shortage
The sun shines bright on both old and new Kentucky homes, with prices on the rise despite lower sales due to limited inventory
The sun shines bright on both old and new Kentucky homes, with prices on the rise despite lower sales due to limited inventory.   According to data from Kentucky Realtors, the median price for a home in the Bluegrass State rose 5 percent year-over-year to $119,523 in February compared to $113,833... Keep Reading....
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The one-time Central Texas ranch that served as the vacation home of President Lyndon B. Johnson is listed for sale at $2.8 million
 The one-time Central Texas ranch that served as the vacation home of President Lyndon B. Johnson is listed for sale at $2.8 million.   According to Realtor.com, the 140-acre property includes a 3,980-square-foot main house, an 1,100-square-foot guesthouse, and a 12,000-square-foot hangar. Italian... more
Luxury home prices were up by 7.4 percent year-over-year to an average of $1.76 million in the fourth quarter of 2017
 Luxury home prices were up by 7.4 percent year-over-year to an average of $1.76 million in the fourth quarter of 2017, according to new data Redfin. In comparison, the average price for non-luxury homes was $333,000, up 6 percent compared to a year earlier.   Sales of homes priced at or above $1... more
Buying a home is more affordable than renting in more than half of the nation’s housing markets
 Buying a home is more affordable than renting in more than half of the nation’s housing markets, but nearly two-thirds of the population live in the markets where it more affordable to rent than buy. However, buyers are increasingly finding themselves paying more than the list price for the... more
New York City experienced a 58 percent year-over-year increase in first-time foreclosures during 2017, the highest level since 2009
 New York City experienced a 58 percent year-over-year increase in first-time foreclosures during 2017, the highest level since 2009.   According to new data from PropertySharks, new foreclosures were tied to 3,306 homes across the city last year. Among the city’s five borough, Staten Island... more

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