Real-Estate

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Local Attorney Says J-town Airbnb Law is Fatally Flawed

Since receiving a visit for Jeffersontown Code Enforcement Officer Kim Weber on Nov. 30, informing me that using my house as a short-term rental was a violation of Jeffersontown law, I’ve been asking city officials to show me the law in question. Neither Mayor Bill Dieruf, city clerk Bill Fox or anyone on the Planning and Zoning Committee has provided a satisfactory answer. Next I consulted with Steve Emery, a partner in the firm of Howell and Emery PLLC in LaGrange. I provided him with the specific sections of the code to review. His response: “How is leasing a short…


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LouisvilleKY’s Heine Brothers’ Relocating Café at Bardstown Rd. and Longest Ave.

Fair Trade and Organic Roaster to transform building near Mid City Mall   LOUISVILLE, Ky. – (January 23, 2018)—Heine Brothers’ Coffee, Louisville’s original fair trade and organic coffee roaster, announced today that it will be deepening its roots in the Highlands neighborhood this spring.  The company will be relocating its café at 1295 Bardstown Rd. at Longest Ave. to a larger building in front of Mid-City Mall at 1250 Bardstown Rd, just a stone’s throw away. “Our customers have been asking for more seating and parking for a while now, so the move just makes a lot of sense,” said Heine Brothers’ President…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2% in 2017 with Median Price Up 5%

Louisville, KY – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.09% in 2017 compared to 2016.  The average price was up 5.69% and the median price was up 5.03%. In Jefferson County, the average price in 2017 was $207,127 and the median was $168,900. For all MLS areas, the inventory of available properties was 13.86% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 11.17% lower than December 2016. GLAR releases monthly statistics mid-month to allow for the most accurate and comprehensive reporting possible. Local REALTORS report…


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LouisvilleKY-based Michter’s Distillery Affiliate Purchases 145 Acres in Washington County’s City of Springfield

  LOUISVILLE, Ky. /PRNewswire/ — At year-end 2017, Michter’s Distillery’s affiliate Springwater Kentucky Realty completed its purchase of 145 acres in Springfield, Kentucky, at the heart of the state’s historic Washington County. “We are excited to be expanding Michter’s operations in Springfield and Washington County. This is a wonderful community with warm people and a great heritage. The property offers rich soil and naturally filtered limestone water which are essential to producing the greatest American Whiskey. The picturesque 145 acres with its gentle rolling hills will provide a beautiful setting for our future growth,” said Andrea Wilson, Michter’s Master of…


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….


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…


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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…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up

Louisville, KY (November 15, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.34% year-to-date (YTD) for 2017. Sales in October were 1,445 versus 1,545 last October representing a 6.47% decrease. The average price YTD was up 5.02% and the median price was up 5.06%. In Jefferson County, the average price in October 2017 was $196,908 and the median was $163,000. For all MLS areas, the inventory of available properties was 9.59% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 7.72% lower than October 2016. Inventory…


Louisville Knot

LouisvilleKY’s Mayor’s Music & Art Series will discuss The Louisville Knot

Louisville, KY., – Mayor Greg Fischer will hold the next installment of the Mayor’s Music & Art Series on Thursday, November 16 at 5:30 p.m. in the Mayor’s Gallery at Metro Hall. The topic of the event will be The Louisville Knot, an upcoming art installation to be installed under the 9th Street underpass at Main Street. Louisville Metro Government, in coordination with the Louisville Downtown Partnership and other stakeholders, selected a multi-disciplinary team to design and to build a public art and lighting feature to enhance the 9th Street underpass. The installation, called The Louisville Knot, proposes to enhance…


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LouisvilleKY’s Omni Hotel now taking online reservations

Website Booking Launches, 600 Rooms Now Available for Individual Travelers; Hotel to feature more than 20 unique experiences and services LOUISVILLE, Ky. (Nov. 6, 2017) – Omni Louisville Hotel, the city’s tallest, most luxurious, full-service hotel is now taking online reservations! Whether you’re a Kentucky Bourbon Trail traveler, a couple planning a romantic weekend anniversary or entrepreneur scouting Louisville as a business location, you can now book your room directly on Omni Louisville’s website, which launched this week. “You know you are really ‘open for business’ when guests can start planning their trips and reserving their rooms,” said Scott Stuckey, Omni Louisville…