Great news from an article posted by Business First - Louisville:
"Sales of new single-family houses rose 5.7 percent in September from August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported Wednesday.
September sales were at a seasonally adjusted annual rate of 389,000, above the revised August rate of 368,000 and 27.1% above the figure for September 2011, according to a news release.The release also said that the median sales price of new houses sold last month was $242,400, andthe average sales price was $292,400.
Last week, the Greater Louisville Association of Realtors reported that 1,098 houses were sold in September in the Louisville area, a 12.7% increase from September 2011.
The median selling price also rose, to $143,500 last month from $135,000 in September 2011."
Sean S. Williams
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1st Time Buyer & Relocation Specialist
of Louisville, Kentucky
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