Louisville one of Top Relocation Cities
Neil Blumberg, Metro1Realty.com 502-439-2826
Expansion Management names Louisville amongst the top 50 relocation cities in US. The article below was copied from Louisville's Business First, at http://www.bizjournals.com/louisville/stories/2006/01/30/daily22.html?f=et66&hbx=e_du
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Louisville among hottest U.S. cities for relocation, expansion
The Louisville area is one of the country's 50 hottest regions for corporate relocation or expansion, according to a survey released Wednesday.
Louisville ranks 31st on...
2006 National Housing Market - Good for Buyers, OK for Sellers
Neil Blumberg, broker, www.Metro1Realty.com 502-439-2826
The years 2001 to 2005 saw an unprecedented 5 year run of record increases in home prices. However, the national median existing-home price for all housing types, which jumped 12.9 percent in 2005, is forecast to rise less than half that rate in 2006, by a modest 5.1 percent, making the median price of a home $219,700 this year. And that 5.1% still represents a 2.1% margin over the CPI, which is projected to increase by only 3% this year.
The good news for first time home buyers is that they need not feel pressured to buy...
Favorable Trends and Few Setbacks in Commercial Real Estate Market
Neil Blumberg, Broker, www.Metro1Realty.com 502-439-2826
As has been published so often recently, the residential real estate market is in flux. Speculation as to bubbles bursting (within certain defined markets) are daily grist for the news mill, and those who ignore the markets direction, or do not understand the subtle differences within the market or submarket within which they work, do so at their peril. However, as to the commercial real estate market, the news seems to be mostly favorable. One of the most reliable sources of information for real estate professionals is...
Buyers Market? There's a solution!
Neil Blumberg, broker, 502-439-2826 neil@neil4realty.com
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As you probably know, the market has turned in some parts of the US from a strong sellers market to a buyers market. Homes are staying unsold for longer periods. A proactive method of moving your home quickly is available through Value Range Marketing (VRM). Not everyone has embraced this idea, but I believe that, given the right circunmstances, it will prove itself to be an invaluable tool, especially as the market tightens and sales slow futher.
But beware! Using...
