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Housing Market Report Newsletter Featurettes

Our Predictions for the Year Ahead 2019

The Monthly Market Report

Lexington and Central Kentucky housing market predictions for 2019

After another strong year for our local housing market, what can we expect in 2019?   We’ve checked our crystal ball for indications of what the future holds for Central Kentucky home buyers and sellers! 

Here are some key points regarding what we see affecting our local housing market in the year ahead:

Moderately rising mortgage rates.  Interest rates have slowly risen this past year to around 4.75%, which historically is still a very attractive level (anyone remember the 16% rate of the early eighties?).  Buyers tend to step up their buying decisions when faced with the possibility of higher rates down the road — so our normal, busy spring market might even start a little earlier than usual this year.

Millennials becoming home buyers.  Historically, most people will consider their first home purchase as they hit their mid-twenties to early-thirties – and just like across the nation, these Millennials are vast in numbers in Lexington and Central Kentucky.   Although student debt may be a financial drag for some in this age group, there are many who will be looking forward to buying their first home this year.

Continued strong buyer demand.  As we kick off the new year, we have a lot of potential home buyers looking at the current inventory — and we foresee strong demand continuing at least through the middle of the year.  We’ve always been blessed with a relatively strong local economy here in Lexington and Central Kentucky – regardless of what happens on the national scene.  That’s why we feel confident in making our bold prediction for 2019:  

Home buyers and sellers in Lexington and Central Kentucky will continue to move up, move down, move in and move out!

Be sure to check out our exclusive Market Report — with all the latest information on the local real estate market – compiled by the experts at Rector Hayden Realtors! 

 

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Categories
Housing Market Report Newsletter Featurettes

Monthly Market Report: Dec 2016

It’s been a very strong year so far for our local housing market, but how is it ending up?

See all the latest info and trends, in our exclusive Monthly Market Report!


See all the latest info and trends in our exclusive Monthly Market Report!

Our exclusive Market Report has all the latest information on the local real estate market – compiled by the experts at Rector Hayden Realtors!

  • • Overall market trends
  • • Number of homes on the market in EACH price range
  • • Number of homes selling in those ranges
  • • Average Sales Price
  • • The Top 20 Real Estate Firms
  • • And breakdowns by counties in our coverage area!

 

market report with shadow

 
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Housing Market Report Newsletter Featurettes

November 2016 Market Report

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The Monthly Market Report

Although the “seasonal slide” has kicked in, and sales aren’t quite as robust as they were back in March or April, our local housing market nonetheless continues to be strong and active!

See all the latest info and trends in our exclusive Monthly Market Report!

Our exclusive Market Report has all the latest information on the local real estate market – compiled by the experts at Rector Hayden Realtors!

  • • Overall market trends
  • • Number of homes on the market in EACH price range
  • • Number of homes selling in those ranges
  • • Average Sales Price
  • • The Top 20 Real Estate Firms
  • • And breakdowns by counties in our coverage area!

 

market report with shadow

 
Categories
Housing Market Report Newsletter Featurettes

Rector Hayden Monthly Housing Market Report | JUNE 2016

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ZOOM!

May was one of the fastest-paced months that the Lexington and Central Kentucky real estate market has ever seen,
with OVER 1300 LISTINGS SOLD/UNDER CONTRACT!!

Although that was about 120 fewer sales than our record-breaking April this year, it still was a very solid month for the local market.

 

A key component of the current market is strong buyer demand…..and a lower inventory of homes than Central Kentucky has experienced in years.  Last year at this time, there were 4850 homes on the market locally.  Currently, there are 3530 – a whopping 27% reduction in the number of homes on the market since a year ago.

 

Still, there’s a good selection of homes available in all price ranges.   And with historically-low interest rates still available, it’s an ideal time for local home buyers to find their dream home!


Our monthly Market Report shows information for all of Lexington and Central KY, including:

  • • Overall market trends
  • • Number of homes on the market in EACH price range
  • • Number of homes selling in those ranges
  • • Average Sales Price
  • • The Top 20 Real Estate Firms
  • • And breakdowns by counties in our coverage area!

It’s the exclusive Rector Hayden Market Report!
Click the image below or browse the report through Issuu.com

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