BluegrassForeclosure.com

From LBAR.com:  According to LBAR President Anthony de Movellan, “The Central Kentucky housing market is still looking for stabilization beyond the tax credit boom. Year-to-date comparisons are very steady, but the market activity report for September 2010 must be taken with a grain of salt.”

For the year-to-date 2010 vs. year-to-date 2009, total activity decreased just 1 percent. Residential sales reported dropped from 5,367 in 2009 to 5,327 in 2010. The median price also remained stable, falling just 1 percent from $140,950 to $140,000.

Residential sales reported during September 2010 vs. September 2009 fell 34 percent, most likely due to the slow sales season and the displaced buyers who took advantage of the tax credit in April. There were 651 sales reported closed during September 2009, compared to 430 in September 2010. The median sales price increased 4 percent over September 2009, rising from $140,000 to $144,950. Another positive indicator was a rise in the percentage of list price attained. It increased to 96.11 percent in September 2010 from 94.62 percent in September 2009.