Monthly Archives: November 2019

Existing Home Sales and Prices Increase

Existing-home sales rose in October, according to the National Association of Realtors. The four major U.S. regions were split last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales. Total existing-home sales are completed transactions that include single-family homes, townhomes, condominiums and co-ops.  […]

Bidding Wars

Report shows over 10% of homes for sale have multiple bids. Nothing makes a seller feel better and a home buyer feel worse than a bidding war. This is when multiple offers come in, driving up the price of the property for sale. Historically low unemployment rates, rising wages and mortgage rates that are lower […]

Our Featured Property in Lexington’s Sophisticated Living Magazine

Our featured property, 3860 Gloucester Drive in Lexington is featured in the November/December issue of Sophisticated Living Magazine. This 4,800 square foot home was designed by Pohl Rosa Pohl, it was custom-built in 2003 on a former tree nursery. Located just one mile from Keeneland and several minutes from downtown Lexington, these seven acres combine […]

Homeowners Staying in their Homes Longer

The typical American homeowner in 2019 had spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all of the 55 metros Redfin analyzed. Many local governments have put policies in place that reduce property tax burdens for senior citizens, which have made it more affordable for older […]