A nonprofit publication of the Kentucky Center for Public Service Journalism

Strong first quarter for state real estate market; home sales increase 8.6 percent, median price ticks up

Overcoming a few dips in the first three months of the year, the Kentucky real estate market finished the first quarter on the upswing. Total home sales rose 8.6 percent, from 9,946 in 2016 to 10,805 in 2017, during the first quarter of the year. The increase comes at a time when the time it takes for a property to sell dropped 22 days, or almost 15 percent, from the same period last year. Housing...

For the first time since summer of 2015, monthly Kentucky real estate sales show a decline

For the first time since the summer of 2015, Kentucky real estate saw a decrease in monthly, year over year, home sales. The 2.2 percent decline in February (3,191 in 2017 versus 3,263 in 2016) comes at a time when housing inventories are at historical lows. The median price, however, remained strong, increasing over 5 percent to $114,298. “Last year, the market was really hot and properties moved...

Young Realtors of the Bluegrass active in charitable causes, receive national Network of Year award

Young Realtors of the Bluegrass, part of the Lexington-Bluegrass Association of Realtors (LBAR), has donated thousands to local charities, specifically during the holiday months. The group, with the help of several local real estate companies and LBAR members, sponsored 38 children as part of the Salvation Army Angel Tree program. Additionally, the group donated close to 50 new winter coats, hats,...