greater louisville association of realtors

Low Supply and Price Growth Keep First-Time LouisvilleKY Home Buyers on the Sidelines  

  Louisville, KY (November 28, 2017) – The National Association of Realtors 2017 Profile of Home Buyers and Sellers shows that a continued drought in housing supply has led to price growth, keeping many first-time home buyers out of the market even when the economy has experienced steady job gains and mortgage rates are at record lows. With the rise in home prices and inventory shortages, the lower end of the market is witnessing the worst of the supply crunch. Despite strong interest in owning a home, local Realtors® are also seeing that Louisville’s low inventory is leaving first-time buyers hesitant to enter the market….

Jefferson memorial forest

Registration for annual LouisvilleKY’s JMF Valentine’s Day hike continues

Louisville, KY., – Romantic Valentine evenings await on February 13 and 14 at Jefferson Memorial Forest.  For only $35, couples will be treated to a romantic candle-lit hike that ends with a view of Louisville’s lights from the scenic Manor House, where couples will enjoy hot beverages, rich hors d’ouvres and desserts, and the cozy warmth of a hearth. “The natural beauty of Jefferson Memorial Forest is a great fit with Valentine’s Day,” said Rebecca Minnick, Program Manager at Jefferson Memorial Forest. “Couples can have a romantic evening by taking a stroll through the woods, then relaxing in front of the…

metro logo

LouisvilleKY Metro budget balanced for Fiscal Year 2016-17

Increased revenues largely offset public safety related expenditures Louisville, KY., – Louisville Metro Government has ended the 2016-2017 fiscal year with a balanced budget while also growing the “Rainy Day Fund” to $68.9 million, up from $67.9 million, Chief Financial Officer Daniel Frockt announced today. A year-end budget balancing ordinance — sponsored by Councilwoman Marianne Butler — was filed today with Metro Council to close out the year following the annual financial audit. Final General Fund revenues were $589 million—about $4 million (or 0.7%) more than the most recent forecast of $584.9 million, thanks in large part to 5.3% growth…

grawemeyer award

Bent Sorensen wins LouisvillekY-based Grawemeyer Award for Music Composition

Story and photo from UofLnews.com LOUISVILLE, Ky. — Danish composer Bent Sorensen has won the 2018 University of Louisville Grawemeyer Award for Music Composition for a triple concerto. The piece, L’isola della Città (The Island in the City), is for violin, cello and piano soloists and is played continuously in five movements. Sorensen composed the work for the Danish ensemble Trio con Brio and The Danish National Symphony Orchestra. It premiered in Copenhagen in January, 2016. “In all five movements the ‘island’ (the trio) tries to escape the shadows of the orchestra. This is most evident in the last movement, in which the trio ever so…

Photo by Eric Bentley

Best Wines in Kentucky to be featured at LouisvilleKY’s Derby Festival WineFest

 LOUISVILLE, KY   – Kentucky’s own Napa Valley continues to flourish. Four wineries were awarded with the Commissioner’s Cup – the highest recognition awarded to the top Kentucky wine of the year. In a new partnership between the Kentucky Derby Festival and the Kentucky Department of Agriculture, the winning wines will be featured at the 2018 Kentucky Proud WineFest. “We established the Kentucky Commonwealth Commercial Wine Competition and Commissioner’s Cup as a way to recognize as well as bring consumer attention to the top quality wines being produced throughout the state each year,” said Tyler Madison, Kentucky Department of Agriculture. “Partnering with the…

Colonial Gardens

Construction to begin soon on south LouisvilleKY’s Colonial Gardens

Renovated space will include four local restaurant options, beer garden LOUISVILLE, KY  – Construction is now scheduled to begin on the $5 million redevelopment of historic Colonial Gardens in south Louisville, Mayor Greg Fischer and Metro Council members announced last week. The adaptive reuse project includes renovating the 7,000-square-foot historic Colonial Gardens building, as well as adding three new, one-story buildings for a total of 18,000-square-feet that will share a common patio and garden area. “Giving new life to historic structures like Colonial Gardens helps give Louisville an authentic quality of place like no other city, and our unique character…

care source

LouisvilleKY’s Baptist Health joins CareSource Health Plan Network

CareSource Marketplace members have access to the largest nonprofit health system in Kentucky LOUISVILLE, Ky.,  /PRNewswire/ — CareSource and Baptist Health have reached an agreement to provide quality access to health care for consumers in Kentucky and southern Indiana through the Health Insurance Marketplace. Beginning in January 2018, Baptist Health providers in both states will accept CareSource Marketplace members seeking health care and physician services. The agreement gives CareSource members access to a wide variety of services available through Baptist Health Medical Group, Baptist Health’s physician network, and Baptist Health hospitals — Baptist Health Corbin, Baptist Health La Grange, Baptist Health Lexington, Baptist Health Louisville, Baptist…

abbey road

Abbey Road on the River Announces 2018 Headliners to entertain LouisvilleKY and southern Indiana

  Jeffersonville, IN  – The WAVE 3 News Abbey Road on the River, the world’s largest Beatles inspired music festival, will return to downtown Jeffersonville, Indiana on Memorial Day weekend, May 24-28, 2018. Festival organizers are pleased to announce that Grammy-winning rock group America, the fathers of psychedelic rock Vanilla Fudge, and The Beatles’ primary recording sound engineer Geoff Emerick will headline the 2018 event. The Grammy-winning band America will take the stage on Saturday, May 26th to perform their soft rock hits like “A Horse with No Name,” “Ventura Highway,” and “Sister Golden Hair.” Like The Beatles, America found great success in working with producer George Martin…

buy local holoudays

LouisvilleKY businesses team up to offer rewards for buying local

Louisville, KY  – The Louisville Independent Business Alliance (LIBA), an alliance of more than 900 locally owned and independent businesses, has launched its 10th Annual Buy Local, Win $1000 hoLOUdays Contest. Shoppers can submit receipts from any LIBA member business and enter to win a $1,000 LIBA gift card, valid at more than 70 local businesses. Each receipt counts as one entry, no limit on the number of entries. Receipts can be submitted by mail, email, text, online, or in person at any Feeder’s Supply or Heine Brothers’ Coffee location. Entry forms and official contest rules are available at keeplouisvilleweird.com. Another way to enter the contest is…

city skyline

Landbank Authority approves sales of 50 vacant properties in LouisvilleKY

Louisville, KY., – 50 vacant properties in various neighborhoods were approved for sale to buyers by the Landbank Authority at its November meeting. An increase in sales can be attributed to new programs of the Vacant & Public Property Administration, which debuted on October 20. The programs are designed to provide more opportunity for residents to purchase Landbank Authority-owned vacant properties. For comparison, 56 vacant properties were sold in all of 2016 and 36 vacant properties had been sold in 2017 year-to-date. The following structures were demolition candidates but were approved for sale as part of the new program called…