LOCAL REALTORS HAPPY WITH LOUISVILLE INCREASE IN HOME SALES

Flash-Local real estate professionals are elated over latest stats showing how hot the Jefferson County real estate market and sales have become.  According to Metro Search Inc. statistics, 37% of the homes on the market in Jefferson County have been selling in 20 days or less. That includes the peak period of the real estate bubble in 2005 when 26% of the homes on the market sold in 20 days or less. Some experts are saying that some homes are actually selling in the first few days on the market. Home sales in Jefferson County for the first five months of this year are up 17% over the same period last year. Sales are pending on about 29% of the homes on the market in Jefferson County and other surrounding Kentucky counties, according to  the Greater Louisville Association of Realtors.