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The Jimmy Welch Team Real Estate Blog

August homes sales for Louisville are in!!


The numbers are in for home sales in Louisville KY for the month of August.  We probably could have guessed they would be down since the tax credits expired a couple of months ago.  The real question is how much were the home sales in Louisville down?  OK, in 2009 we sold 1141 homes in Louisviile.  In 2010 the number of sales of homes were 875!! By my calculations, we were down 24% year over year.  Expect the same for the upcoming months unless interest rates drop to 2% and the unemployment rate fall to 5%!!! ...