David Hastings has roughly 25 years of housing industry experience and told LINK nky the current state of affordability within the market is the worst he has seen. But the Housing Opportunities of Northern Kentucky executive director said he remains passionate about the nonprofit organization’s goal of helping those seeking homeownership to be able to […]
Tag: housing market
Posted inTop 3
LISTEN: Diving into NKY Real Estate with Susan Huff, Huff Realty
This week on Mind Your Business, NKY!, LINK nky CEO Lacy Starling and business reporter Kenton Hornbeck discuss the first time Homearama has been held in Northern Kentucky and the idea of luxury homes in an urban space like Newport. Then, Lacy sits down with Susan Huff, Senior Vice President of Huff Realty, to discuss real estate […]
Posted inNews
First time home buyers face steeper climb in NKY market
This story originally appeared in the March 31 edition of the weekly LINK Reader. To get these stories first, subscribe here. Buyers are returning to the market faster than inventory, and realtors are seeing an uphill battle for renters looking to transition to homeownership. Northern Kentucky native Thomas Hedger is looking to move back to […]
Posted inUncategorized
Campbell County Becoming Hotspot for “Millennials,” Young Professionals
The “millennial generation” is gaining momentum in the work force and home buyer marketplace in Northern Kentucky/Flickr Campbell County is getting younger. At least, according to the latest data. A recent infographic published by the Cincinnati Business Courier looked at how age demographics are shifting throughout urban and suburban communities across the Greater Cincinnati region. […]
Posted inUncategorized
Insight on the Fort Thomas Housing Market
If you’ve been monitoring the housing market at all, you’ve probably noticed inventory flying off the shelves at what seems like a record rate. According to Zillow (onlineReal Estate Network), home sales in Fort Thomas for April 2012 were 26. For April 2013, 21 homes were sold. Comparing May 2012 to May 2013, we see […]
Posted inUncategorized
Housing Bubble of ’08 Threatens Fort Thomas’ “City of Beautiful Homes”
By G. MICHAEL GRAHAM Fort Thomas Matters Reporter Fort Thomas is known as the “city of beautiful homes”, but just a glance at some uninhabited properties in Fort Thomas gives the impression that that moniker obviously does not apply to every home. Some may say those houses spread across Fort Thomas need to be demolished. […]
Posted inUncategorized
The Next Economic Bubble
By Mark Collier I was a Financial Advisor right out of school. Probably my favorite and most challenging part of the job was trying to plan for trends or foresee potential trouble on the horizon. I got firsthand experience with that during the bursting of the housing bubble in 2008. Money was cheap. Qualifying for a home […]
Posted inUncategorized
Fort Thomas Real Estate – Steady and Bouncing Back
A story in the Enquirer this weekend highlighted the fact that Fort Thomas is one of the most stable real estate markets you can find. While the past three years saw the total sales decline the prices have held up well and there appears to be a modest surge happening. According to Enquirer data Fort […]
Posted inUncategorized
Fort Thomas Real Estate Update
As the snow and cold temperatures descend on the Ohio Valley this is a bit of a dead time for the real estate market. However since my last post on the Fort Thomas real estate scene the first housing stimulus tax credit expired and was replaced with an extension of the first for 1st time […]
Posted inUncategorized
Fort Thomas Housing Market Update
While the graphic above may look abysmal there is some rays of light in the Fort Thomas housing market. July housing stats show a huge turnaround locally with 25 sales in July and another 21 in August at an average sale price of nearly $230,000 and $215,000 respectively. This is an amazing rebound for only […]