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Report: Louisville has one of the best housing markets!

Because of its appreciating home prices, affordability rating and a low number of foreclosures, Louisville ranks second just behind Pittsburgh as the top housing market in the United States according to Forbes Magazine online.

The ranking is computed by taking into account the averages of various affordablity rates, median home prices, sales prices in major markets and where home prices are expected to rise. According to the Forbes.com article "Nationally, homes are near the most affordable they've been in 18 years."

In Louisville, the foreclosure rate is only 1.15%, which helped us get our ranking as one of the best housing markets. In our city we have not seen a dramatic market collapse as many major cities have, the home prices have kept pretty steady.

Since Louisville is looking strong on the housing market from, there should be no fear in those who wish to upgrade their homes or those who are wanting to move into the area. With our steady market, people are still buying and homes are still selling.

There are many resources in Louisville to help you find your perfect home and to help you find the best agent to work for you. The Heidi Fore Team at Keller Williams Realty is always availble to help you sell your home or buy your next one! Don't let the housing market scare you- Louisville is still growing!

There are many different Louisville Kentucky homes for sale. If you are looking for Prospect Kentucky homes for sale the Heidi Fore Team can help you find the perfect home. We specialize in helping people find their Louisville Kentucky home. Our team can find the best Louisville Kentucky home for sale for you, just call us!

Email theteam@heidifore.com for a price appreciation graph for the last 5 years.

Posted Tuesday Apr 20