Kentucky housing market bounces back in October after September slump, follows national trend

After slipping a bit in September, the housing market in Kentucky picked up in October following the national trend for the month. The number of homes sold in October rose 1.8 percent to 4,421 sold versus 4,342 sold in 2016. For the year, the number of homes sold jumped to 45,236, up from 43,905 in 2016, for a 3 percent increase. At this pace, 2018 is on track to break last year’s record for the...

Lexington-Bluegrass Association of Realtors announces $1.28 billion in sales in first half of 2017

The Lexington-Bluegrass Association of Realtors (LBAR) reported 6,718 reported sales totaling $1,282,242,347 in the period ending June 30. “The first half of 2017 has been strong with total sales activity up five percent and new listings up four percent,” said LBAR President Ty Brown. “Sellers who sold enjoyed lower days on market with single-family sales at an average of 58 days...