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8 Cities Where Asking Prices Are Soaring

Asking prices on homes for-sale are edging higher nationwide in the past year, with prices 6.40 percent higher than year ago levels, according to®’s September National Housing Trend Report. Nationwide, the national median list price for homes was $199,500 last month. Of the 146 markets that® tracks in its report, more than 20 percent reported year-over-year over price gains of 12 percent or more. In some areas, asking prices have jumped even more — by 26 percent or more — in the past year. In Detroit alone, asking prices have surged 44.57 percent year-over-year. Read more.


Kentucky Select Nominated for Three Awards at 18th Annual Luxury Real Estate Fall Conference

(October 10, 2013. Louisville, KY) — Kentucky Select Properties was honored to be nominated for three awards at the 18th Annual Luxury Real Estate Fall Conference, which took place Oct 7 – 9 at the Ritz-Carlton in Atlanta. 

Hosted by Who’s Who in Luxury Real Estate, which is comprised of 130,996 agents in 3,867 offices across 29 countries, this event is one of the largest luxury-specific real estate conferences in the world. Kentucky Select Properties was nominated in the categories of “Best Overall Marketing Package” and “Extraordinary Philanthropists” with principal broker John Stough winning the individual “Master Networker” award. 

Read more.


Starting A Self Storage Facility

Guest Blog by Tyler Robertson

There are very few businesses that allow people the opportunity to
participate without having prior knowledge of the company. Many people
view public storage in Santa Monica as a great way to invest in a business
even if they have been working in another field for several years. As with any
type of small business it is important to create a business plan.

Getting Started
There is no magic formula available to starting a self-storage facility.
However, there are some steps that should be followed in order to ensure
success. The first thing that you need to do is to realize that you are going to
need professional help when you are getting started. No matter how large or
small of a facility you are planning on opening you will need to put together a
team of professionals to help you throughout the process. Some of the
people that you should contact include:
• Real estate agents
• Attorneys
• Contractors
• Building suppliers
• Engineers
• Architects

This is just a few of the professionals that you may need to contact when
getting started. There may be more as well.

Site Selection
One of the most important decisions that you will make when starting a
public storage is the site location. If you currently own a piece of property
you must determine if it is a good location for a self-storage facility.
There are several things to be considered when choosing a site for your
storage facility. First, you need to determine whether or not it is the right
size. You also need to determine if the configuration for the storage buildings...

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