Real-Estate

greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2.9% Year-To-Date and Average Price Up 5.4%

    Louisville, KY – The Greater Louisville Association of Realtors (GLAR) reported sales up 2.86% year-to-date (YTD) for 2017. Sales in September 2017 were 1,565 versus 1,671 last September. The average price YTD was up 5.39% and the median price was up 5.46%. In Jefferson County, the average price in September 2017 was $210,741 and the median was $171,900. For all MLS areas, the inventory of available properties was 10.54% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 7.79% lower than September 2016. Inventory in Oldham and Bullitt…


LouisvilleFC soccer stadium

LouisvilleKY Vote to be rescheduled on Butchertown Stadium Development District bond

Mayor agrees to push vote to Oct. 26 to give council more time for review Louisville, KY., – Mayor Greg Fischer, Metro Councilwoman Barbara Sexton Smith and the Louisville City Football Club jointly announced today that a vote on a $30 million bond for a new Butchertown Stadium Development District will be pushed back to Oct. 26, to give the Metro Council additional time for review. “I want the Council to have the time they need to understand what a smart opportunity this is for our city,” the Mayor said. “This stadium will anchor a $200 million project that develops…


soccer stadium

Mayor announces $200 million development in LouisvilleKY’s Butchertown, anchored by soccer stadium

Louisville, KY., – Mayor Greg Fischer today announced a $200 million economic development plan for about 35 underused acres in Butchertown that will be anchored by a 10,000-seat, 15-acre soccer stadium, allowing Louisville to compete for an MLS franchise. “This is an exciting, worthwhile project that takes an underused, very visible swath of land and creates a vibrant new stadium district that builds on the momentum downtown, in Nulu and Butchertown,” the Mayor said. “This is a smart opportunity, and when smart opportunities to move our city forward come up, we’re going to grab them.” (Listen to Mayor Greg Fischer…


Heritage West

Mayor announces $30 million indoor track and field facility to be developed on LouisvilleKY’s Heritage West site

Louisville, KY., – Following an extensive community engagement effort and a detailed review conducted by a committee of Metro staff and citizen volunteers, Mayor Greg Fischer has announced that the Louisville Urban League has been selected to develop a state-of-the-art multi-sports complex anchored by an indoor track and field facility on the 24-acre Heritage West property located at 3029 W. Muhammad Ali Blvd. “The Urban League’s plan reflects the community’s desire for a project that will bring immediate life to this key piece of land, and provide healthy outlets for youth and adults to engage in a variety of sports…


greater louisville association of realtors

LouisvilleKY Area Home Sales up 3.6% and Average Price up 5.9% with Improving Inventory

  Louisville, KY  – The Greater Louisville Association of Realtors® (GLAR) reported sales up 3.63% year-to-date (YTD) for 2017. Sales in August were 1,811 versus 1,686 last August representing a 7.41% increase. The average price YTD was up 5.89% and the median price was up 5.23%. In Jefferson County, the average price in August 2017 was $204,575 and the median was $170,000. For all MLS areas, the inventory of available properties was 14.15% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 11.01% lower than August 2016. Inventory in Oldham…


paristown

Officials break ground on $28 million Paristown development in LouisvilleKY

Co-anchors include Louisville Stoneware, The Kentucky Center and Goodwood Brewing Co. LOUISVILLE, KY  – Mayor Greg Fischer joined state and local officials to break ground on a $28 million arts and cultural district located in the Paristown neighborhood last week. The neighborhood is a wedge-shaped area bounded by Broadway to the north, Barret Avenue to the east, Kentucky Street to the south and an elevated rail line that runs parallel to Swan Street on the west. The project is co-anchored by Louisville Stoneware, The Kentucky Center and Goodwood Brewing Co., and will bring jobs and a variety of restaurant and…


City of Louisville skyline

Property tax rates down again in LouisvilleKY Metro for third consecutive year

Louisville, Ky., – For the third consecutive year, property tax rates will go down for Louisville residents, according to Metro Government’s Office of Management and Budget. “The benefits of our economic momentum reach Metro residents in many ways,” said Mayor Fischer. “A decrease in property tax rates is one of them.” This year, the countywide Metro real property tax rate will go from 12.45 cents per $100 assessed value to 12.35 cents. That change amounts to a one dollar savings for every $100,000 of assessed property value. “Continued growth in our local economy and a strong real estate market are…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2.6% and Average Price Up 6.4% with Continued Low Inventory

  Louisville, KY (August 17, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.63% year-to-date (YTD) for 2017. Sales in July were 1,679 versus 1,670 last July representing a modest 0.54% increase. With the continued lower inventory, the average price YTD was up 6.39% and the median price was up 6.88%. In Jefferson County, the average price in July 2017 was $214,532 and the median was $177,000. For all MLS areas, the inventory of available properties was 15.42% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was…


Dixie Highway

Safer exit ramp project kicks off major south LouisvilleKY’s Dixie Highway improvements

Ramp realignment in Shively is first phase of substantial project to transform city’s busiest highway into a safer, more business-friendly destination Louisville, KY., – A long-awaited project to make a Watterson Expressway exit safer is underway, making travel into Shively and Dixie Highway more efficient and less hair-raising for drivers and pedestrians. The construction is the first phase of an accelerated plan to improve safety and traffic efficiency throughout the Dixie Highway corridor – a comprehensive set of projects that will invest more than $50 million along the highway over the next two years in the city’s busiest highway. Mayor…


Varanese

Varanese Restaurant Celebrates 10 Years on LouisvilleKY’s Frankfort Avenue

Party and Retrospective Dinner will be held to honor the 10-Year Anniversary   Photos from Varanese’s Twitter page Louisville, KY (August 1, 2017) – Varanese Restaurant, located at 2106 Frankfort Avenue, has been bringing creative, fresh cuisine and nightly live jazz music to the Clifton neighborhood for almost a decade. Since its opening in August of 2007, over 500,000 people have been served at Varanese. To celebrate this 10-year anniversary milestone, the team at Varanese has planned a community party and a special dinner. The 10th Anniversary Celebration will be held on Sunday, August 20th from5:00pm-11:00pm and will feature live music by Jeff Sherman’s 4-piece jazz band…