Recent Lexington News states "Central Kentucky Real Estate Market Performing Better than US Averages"

The Lexington Herald-Leader recently reported the following:

        The Lexington area bucked the national trend in new home sales with a dramatic 47% jump in February when compared with January, the Lexington-Bluegrass Association of Realtors reported Wednesday (March 26th, 2008).  But local sales of new homes were down 10% in February, 2008 when compared with February, 2007 the association said.

        The Lexington area also outperformed  the nation in sales of existing homes.  Sales rose 12.2% nationally in February compared with January , the association said, but Lexington-area sales were up 17.5% in February.  The nation saw a decline of 19.4% in February, 2008 compared with February, 2007, while the Lexington area was down only 2.4%, the association said.

        The median sales price was down 1.9% locally and 8.2% nationally in February, 2008 as compared with February, 2007.

         Judy Craft, president of the Lexington Bluegrass Association of Realtors said the report "further illustrates that all real estate is local - dependent on local factors.  And, the Central Kentucky real estate market is continuing to perform better than the US averages.

 There is no time like the present to give one of our Associates at Haymaker/Bean Residential Real Estate a call!