A nonprofit publication of the Kentucky Center for Public Service Journalism

Lexington-Bluegrass Association of Realtors names 2021 officers; Kristy Gooch to serve as president

Kristy Gooch has been named 2021 president of the Lexington-Bluegrass Association of Realtors (LBAR). A member of LBAR for over 20 years, Gooch has served on the LBAR Board of Directors and was elected as treasurer in 2018. She has participated on numerous committees and task forces including MLS, professional standards and technology. In 2012, Gooch was selected as the Good Neighbor Award recipient...

Lexington-Bluegrass Association of REALTORS saw home sales rise for second time in 2018

Total real estate sales by members of the Lexington-Bluegrass Association of REALTORS (LBAR) increased in August for the second time in 2018. August sales activity ticked up 2.1 percent with 1,339 sales reported compared to 1,311 sales reported in August 2017. Single-family home sales were 1,252 in 2018, an increase of 1 percent over the 1,238 homes sold in August 2017. Townhouses and condos saw a...

Lexington-Bluegrass Association of REALTORS announces $259.3 million in sales in May

Real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Bluegrass economy with 1,281 reported sales totaling $259,263,788 during the month of May. According to 2018 LBAR President John Groft, “Inventory and days on market both continue to skim along at historic lows, while buyer demand is creating competitive purchase offer situations that...

LBAR announces $215.6 million in Fayette County real estate sales in first quarter 2018

Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Fayette County economy in first quarter 2018 with 920 reported sales totaling $215,628,456. Sales continue to be a driving force in Fayette County economy. Residential sales decreased 12 percent from 1,050 sales reported in first quarter 2017 to 920 sales reported in first quarter...

Lexington-Bluegrass Association of Realtors names Justin Landon as next Chief Executive Officer

The Lexington-Bluegrass Association of Realtors (LBAR) is pleased to announce Justin Landon as the next CEO. Landon previously served as the Vice President of Government Affairs for the San Antonio Board of Realtors. Landon was chosen after a nationwide search and will join the local association in April. Justin Landon “Justin will be responsible for leading the association to the next level,...

LBAR announces $215.7m in Bluegrass real estate sales in October, six percent over last year

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) positively impacted the Bluegrass economy as of end of October with 1,115 reported sales totaling $215,717,605 October sales activity increased six percent with 1,050 sales reported closed in October 2016 compared to 1,115 sales reported closed in October 2017.  Of the 1,115 sales, 257 sales were to first-time homebuyers...

August real estate sales down by 2 percent in the Bluegrass region, LBAR reports

The Lexington-Bluegrass Association of Realtors (LBAR) reported sales of $258,834,805 for the month of August on 1,311 transactions. August sales activity decreased two percent with 1,338 sales reported closed in August 2016 compared to 1,311 sales reported closed in August 2017. Of the 1,311 sales 276 sales were to first time homebuyers and 136 sales were to out of state buyers. Residential sales...

Lexington-Bluegrass Association of Realtors records $280.6 million in real estate sales in July

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) reported 1,353 reported sales as of July 31 totaling $280,628,825. July sales activity increased 10 percent with 1,230 sales reported closed in July 2016 compared to 1,353 sales reported closed in July 2017. Of the 1,353 sales, 288 were to first-time homebuyers and 153 sales were to out of state buyers. Residential...

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...

Year-to-date Bluegrass real estate sales increased by seven percent over 2016 figures

The Lexington-Bluegrass Association of Realtors announced that regional sales totaled $206.6 million in April 2017, a figure that includes 1,071 reported sales. The year-to-date 2017 total sales increased seven percent from 3,550 sales to date in 2016 to 3,786 sales to date in 2017. The year-to-date 2017 residential single family sales increased six percent from 3,328 sales to date in 2016 to 3,515...

Bluegrass region real estate sales topped $129 million in February, up three percent

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) totaled $129,628,737 on 794 sales, as of Feb. 28, 2017. According to LBAR President Ty Brown, “With an increase in February sales by three percent, market challenges remain, but the housing market is off to a prosperous start as homebuyers hold off inventory levels. February had 4.6 months of inventory, a decline...

Real estate sales in central Kentucky exceeded $139 million on 776 sales during January

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) positively impacted the Bluegrass economy as of Jan. 31, 2017 with 776 reported sales totaling $139,415,451. According to 2017 LBAR President Ty Brown, “January sales are off to a good start for 2017, indicating that the housing market is heading into the new year in solid shape. Pending inventory remains to...

Real estate sales in the Bluegrass region totaled over $2.5 million for 2016, LBAR report says

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) had a $2.522 million impact on the Bluegrass economy as of Dec. 31, with 13,580 reported sale. According to 2017 LBAR President Ty Brown, “At the start of 2017, realtors are watching for upward movement in some of the same areas that we were watching in 2016. Inventory remains a key metric, as continued decreases...

People in the News: LBAR names Hayden Good Neighbor winner; pair opens CT Marketing Solutions

The Lexington-Bluegrass Association of Realtors (LBAR) announced Laura Hayden as the 2016 Good Neighbor award recipient. Laura Hayden The Good Neighbor Award program recognizes Realtors who are improving the lives of others through their volunteer work. As the region’s leading advocate for homeownership, Lexington-Bluegrass Association of Realtors (LBAR) represents more than 2,800 realtors located...

People in the News: Brown named president of LBAR; Mullett appointed to Commission on Cancer

Ty Brown is the 2017 president of the Lexington-Bluegrass Association of Realtors (LBAR). Brown is the broker at Weichert, Realtors-Towne & Country in Lexington. The 2017 officers are president, Ty Brown; president elect, John Groft – RE/MAX Creative Realty and treasurer, Judy Craft –Milestone Realty Consultants. Ty Brown (Photo Provided) The 2017 Board of Directors include: Ben Allen...

Real estate sales in Bluegrass region showed slight decline in October, association says

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) as of Oct. 31, 2016 totaled 1,050 transactions that yielded $194,016,413. According to 2016 LBAR President Carl Tackett, “As markets begin to prepare for colder weather and holiday events, a familiar seasonal slowing will begin to take place into the winter months.” The monthly sales activity decreased one...

August real estate sales top $253 million, monthly activity increased by 15 percent over 2015 figures

The Lexington-Bluegrass Association Monday reported sales totaling $253,110,851 as of Aug. 31, 2016 with 1,338 reported sales. According to 2016 LBAR President Carl Tackett, “As the summer winds down, we continue to be pleased with the housing market in Central Kentucky. Trends of buyers moving quickly to purchase a home, multiple offers, increase in median sale price, and increase pendings continue...

LBAR announces $1.188 billion in Bluegrass real estate sales in first half of 2016

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) totaled 6,402 sales totaling $1,188,104,373 as of June 30, 2016. According to 2016 LBAR President Carl Tackett, “The housing market appears to continue to be in good shape despite continued evidence of lower than normal inventory level. In 2016 month-over-month of inventory levels has decreased with June reaching...

Real estate sales in the Bluegrass increased 15 percent in May compared to last year’s totals

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) totaled $253,619,141 through May 31, 2016 with 1,313 transactions. “The housing market appears to be in good shape despite continued evidence of lower than normal inventory levels,” said LBAR President Carl Tackett. “Pent-up demand and low mortgage rates are driving consumers into the market with...

LBAR announces $415.2 million in Bluegrass real estate sales for first quarter of 2016

Real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) totaled 2,379 sales for $415,221,627 in the Bluegrass region as of March 31, 2016. Total sales activity for March 2016 increased seven percent compared to March 2015 with 884 sales closed to March 2016 with 950 sales closed. Residential sales increased 8 percent over March 2015 from 822 to 891 sales reported closed...