A nonprofit publication of the Kentucky Center for Public Service Journalism

Kentucky home sales jump 18.5 percent from last year; record-high 3,153 homes sold in January

Kentucky home sales in January 2020 jumped 18.5 percent over the previous year. The closings figure reached a record high for the month at 3,153 homes sold, compared to 2,661 in January of 2019. For the second straight month, overall nationwide sales substantially increased year-over-year, up 9.6 percent from a year ago (4.98 million in January 2019). Lawrence Yun, National Association of Realtors’...

LBAR’s October housing report: Cooler months heat up for Bluegrass real estate sales

Homes in Central Kentucky sold much quicker in October this year than in 2018. Days on market throughout the region fell 20 percent, with homes selling in an average of 41 days in 2019 versus 51 in October last year. More than 61 percent of all transactions occurred in less than one month with only 8 percent taking longer than four months. With homes selling so rapidly, and total sales surging, the...

AAA: Gas prices continue slight downward trend heading into fall; new season brings lower demand

Gas prices continue to trend lower, with half of all states seeing pump prices drop two cents on the week. The national average to push is cheaper by a penny, down to $2.56. Today’s average is 11 cents less than a month ago and 28 cents cheaper than a year ago. Kentucky’s downward trend in gas prices has been less dramatic of late. The average dropped just a penny this past week after making greater...