Living in Louisville

Real Estate Round-Up

Lack of Inventory is the Story

The New Normal: Louisville Real Estate and COVID-19

2020 Property Tax Assessments, Remodeling Trends

Top 10 Zip Codes by 2019 Sales, Cost vs. Value on Home Renovations

From the Access Louisville podcast + Business First: Real Estate Reporter Marty Finley brings us up to speed on a couple of big local residential projects, including a $100 million mixed housing development from RJ Thieneman planned along South Hurstbourne Parkway and Watterson Trail. This news broke last week and since then we've also had stories about two new planned developments from homebuilder Fischer Homes — one on the East End and another in southeast Louisville. An interesting trend here is that these developments will offer homes in the $180,000 to $300,000 range. That's important because that price range is in line with consumer demand right now. Previously, we were seeing a lot of announcements about new luxury homes coming into the market. Listen to podcast.

From GQ.com: Horses are a minor footnote in Hunter S. Thompson’s 1970 article, “The Kentucky Derby is Decadent and Depraved.” The piece is less about what Thompson saw than what he hoped to see––the depravity that exemplified the culture of his hometown; the brouhaha, the drunken Kentucky colonels identifiable by whiskey-stained linen suits, but clean shoes. Read more.

Great video on all the cool things happening in Louisville's Butchertown Neighborhood:

From Architectural Digest: When philanthropist and art collector Steve Wilson and his wife, Laura Lee Brown, first dreamt up the 21c Museum Hotel in Louisville, Kentucky, it was conceived as a one-off. Located in the city's historic district, the hotel also serves as a means to share the couple’s love of art, as well as their impressive and ever-growing collection (which is as challenging and progressive as anything New York has to offer), with a wider, underserved audience. Read more.

Certain cities are on everyone’s wish lists: New York, Austin, Nashville. And they belong on those lists. But it’s a big country, and there are so many more places to see—including, increasingly, cities that we never would have given a second glance. Thanks to grassroots and civic revitalization projects, creative types taking advantage of cheap real estate, and the realization that small can be beautiful, a new list of must-see cities is forming. Read more.

Via Forbes.com: For many Americans, the city of Louisville is synonymous with three things: bourbon, Hot Browns (a local dish of thick toast topped with turkey, bacon, and Mornay sauce), and the Kentucky Derby. While all of these things still deserve our attention, there’s another good reason to visit this vibrant Southern city: outstanding restaurants and bars. Read more.

Louisville, Kentucky’s largest city, is more than baseball bats and horseracing (although we’ll talk about those in a minute). Being the 27th largest metro area in the U.S. has its perks. For example, it’s a large enough city to draw in job opportunities (the city recently ranked #18 nationwide for job opportunities in health care and affordable housing) while maintaining a big helping of quaint Southern charm. As you consider purchasing a new Louisville home, we have a few facts for you to consider about the city.

 Derby City

Churchill Downs in South Louisville plays host every year to more than 150,000 attendees of the Kentucky Derby, held the day after the Kentucky Oaks, which itself is the third most-attended day of racing in the U.S. (For reference, the most recent Superbowl, held in Arlington, TX, was the most-attended Superbowl in history and saw only 103,219 attendees.) On top of the horse races, which continue in a tradition started back in 1875, the derby is also known for its fashion: those famed hats. The large, feathered, and otherwise extravagant headwear started becoming a staple at the event in the 1960s, and have attracted nearly as many admirers as the derby itself. While donning the stylish chapeaus, the derby observers are also downing approximately 120,000 mint juleps, the event’s traditional drink.

Strong Housing Market

Louisville’s real estate is in a great stage for buyers right now. In fact, the city was recently named the ...

From C-J.com:  To know the future, some invest in age old practices like consulting the movements of celestial bodies in astrology or observing the tea leaves left in a cup as practiced in tasseography. There’s also the handy Magic 8-Ball for making predictions. Instead, we've consulted some local experts to figure out the future in four areas: regional art and culture, Louisville cuisine and libations, fitness and wellness, and women’s cultural status in our community and state. Read more.

Kentucky Select Properties was started in Louisville in 2004 and is still 100% locally-owned and independent. Every business decision is made at the local level by owners who have a vested interest in the quality of life of their fellow Louisvillians.

The Benefits of Going Local from Kentucky Select Properties on Vimeo.

Great article from Bailey Loosemore at the Courier-Journal: Separated by the Ohio River, two of the metro area's once-thriving waterfront communities each had to almost completely die before they could enter periods of rebirth. Butchertown and New Albany - communities founded nearly 200 years ago - aren't a pair that's often compared. But with the metro as a whole experiencing a return to urban living, both have been labeled neighborhoods on the rise and have more in common than one might think. Read more.

Check out this great article from Louisville native and travel blogger, Lia Saunders: Louisville, Kentucky is the city where I was born and raised, and although I’ve traveled all over the world, I’ve never found anywhere quite as special. Louisville is more than just a world class city brimming with art, culture, food, bourbon, and the friendliest people you’ll meet anywhere. It’s a big city with a small town feel, as the locals like to say. Louisville has so much to offer and shouldn’t be overlooked for anyone planning a trip to nearby St. Louis, Chicago, Nashville, or Indianapolis! Read more.

Members of Kentucky Select enjoy lunch at the 2016 Partners in Philanthropy Awards presented by Business First of Louisville and The Community Foundation of Louisville. From Left: John Stough, Ann James, Missy Ormerod, Christy Dodds, Woode Hannah, Julie Beam, Jay Gulick and Sandy Gulick.

From Courier-Journal.com: Tommy Johns knew before he toured a single home starting late last fall that he and his girlfriend would feel most at home in Germantown, the neighborhood on the north side of Eastern Parkway that's become a big draw for young professionals. Read more.

Thirty things to do in Louisville this Fourth of July weekend. Thanks to the Courier-Journal for these tips!  Lots of festivals, concerts, neighborhood gatherings and more. See what's happening.