On April 26, Lex18, the area’s NBC affiliate, shared an informative story on the housing market in Lexington, Kentucky.
( Watch the video here: http://www.lex18.com/story/31825166/hot-housing-market-in-lexington )
“I have been in business 20 plus years. I have never seen it this busy,” said Linda Feck, a realtor at United Real Estate, in the Lex18 interview.
The interesting change in the market this year is not necessarily due to sales. Home sales this season have been fairly comparable to this time last year. It is actually the lack of homes coming on to the market that have created such an interesting situation.
“Almost everybody is having inventory problems, however there’s just not enough homes out there,” said Ty Brown. Brown is the President Elect of the Lexington-Bluegrass Association of Realtors® and the broker/owner of Weichert Realtors.
One of Rector Hayden’s Platinum Production agents, Dicksie Ward, says her client’s listing sold in a matter of hours. She had to cancel and turn away 20+ showings before the Multiple Listing Service could update and show the home as pending.
It’s officially a Seller’s market here in the Bluegrass. If you’re thinking of listing, Rector Hayden agents would love to work with you. Our company is #1 in the Central Kentucky area – and our agents pride themselves on being experts in all stages of real estate transactions.
If you’d like to speak with an agent on duty, feel free to call during business hours: 859-276-4811.
Or, Toll Free at 1-800-228-9025.
You’re also welcome to send an e-mail any time to clientcare@rhr.com.
Read more about the current housing market by looking at this week’s full Central KY Real Estate Report.
Or, get the newest monthly report FIRST by signing up for our monthly Home Insights Newsletter.