Unlike so many national reports on real estate, the Central Kentucky real estate market is stable and affordable. The markets in places like Washington, D.C, and coastal regions in Florida and California that experienced dramatic price increases over the past few years are the same markets that are now experiencing a drop in home price growth. The stories of those markets are the ones that you are hearing so much about on the national news. Just like weather forecasts—all real estate is local and dependent upon local factors. Central Kentucky’s weather is definitely not the same as California, Florida or Washington, D.C.
Because of the prevalence and fear generated by so many of the media reports on a national real estate crisis, many of you may be thinking that you should wait a little longer to buy or sell—that you want to wait out a “housing bubble.” The facts are that our data shows no evidence of a housing bubble in our market and it’s an excellent time to buy because of stable prices and unprecedented selection.
And, even though the mortgage industry is undergoing changes and drastically cutting subprime lending it does not mean that you will not be able to finance a home. It may mean that you need to provide a lender with more information about your finances and work history. More than likely, it will also mean that you will not be offered a subprime loan—a type of loan which most economists agree is not the best choice for most consumers.
If you would like more information on our real estate market, contact a REALTOR® today. REALTORS® are experts on the local market and will help you make a smart purchase or sale. It’s a great time to buy in Central Kentucky—you can do it—and a REALTOR® will provide you with priceless information every step of the way.
As the region’s leading advocate for homeownership, Lexington-Bluegrass Association of REALTORS® (LBAR) understands the value and joy of owning a home. LBAR represents more than 2,300 REALTORS located in Anderson, Bourbon, Boyle, Clark, Fayette, Franklin, Garrard, Harrison, Jessamine, Madison, Mercer, Montgomery, Scott and Woodford Counties. Visit www.lbar.com or call 859-276-3503 for buying and selling resources and real estate listings.
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The exceptional Seville Rows the newest homes in the Villebois Village Center in Wilsonville, Oregon boast all of the conveniences buyers are looking for in a new home. Featuring floor plans with up to three bedrooms and three and a half bathrooms, ranging from 2,005 to 2,500 square feet, the homes offer gourmet kitchens, dining nooks, gas fireplaces, soaring ceilings, bonus rooms and two-car garages. 
One-Level Living in the Carvalho Condominiums
Behind the Green Curtain: Environmentalism vs. Property Rights
Behind the Green Curtain: Environmentalism vs. Property Rights
During the winter, the award-winning Villebois community in Wilsonville, Oregon, transforms into an absolute wonderland. Breathtakingly beautiful and picturesque set against the pristine snow Villebois would make anyone fall in love with the lifestyle and genuine sense of community in this close-knit urban village. 
The late Helen Chenoweth discusses the economic impacts of the environmental movement on our land base. She also exposes how the Wetlands Act and the Endangered Species Act are being used to destroy private property rights. Filmed in September of 1993.
The late Helen Chenoweth discusses the economic impacts of the environmental movement on our land base. She also exposes how the Wetlands Act and the Endangered Species Act are being used to destroy private property rights. Filmed in September of 1993.
The late Helen Chenoweth discusses the economic impacts of the environmental movement on our land base. She also exposes how the Wetlands Act and the Endangered Species Act are being used to destroy private property rights. Filmed in September of 1993.
As a transit-oriented community, the Villebois Village Center in Wilsonville, Oregon, gives residents the opportunity to commute from home. The neighborhood is just a short walk or ride from the WES commuter rail, connecting Villebois residents to cities throughout the Portland metropolitan area. Residents not only avoid rush-hour traffic but they can also feel good knowing they’re reducing their carbon footprint.