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Old

Mt. Washington Vs. Crestwood, Kentucky

Posted 06-02-2011 at 07:27 PM by bbkennedy

Crestwood Kentucky landed 53rd on the CNN/Money’s top 100 places to live in 2005 only to disappeared off the list like a whack-o-mole. I can’t say why it hasn’t shown up again but it has many features that make it a terrific community.

Initially I found it intimidating comparing our little town to affluent Crestwood. They have great schools, newly expanded roads, beautiful rolling verdant hills. Oh yeah, and a prison, horrible traffic on 71 during rush hour, and annoyingly...
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Real Estate Agent
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Old

Mt. Washington, KY vs. ‘Mayberry’

Posted 06-02-2011 at 07:24 PM by bbkennedy

Remember the idyllic town of white picket fences and friendly neighbors from the Andy Griffith Show? I tell my brothers and sisters that live in Oldham County that Mt. Washington is like a “little Mayberry”. We may not be all smiling faces and “howdy Andy” but it turns out I've been selling my community short.

I got the idea to compare places when I learned one of the actresses from the show had moved to "Mayberry" to feel safe. In an ironic incident last summer...
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Real Estate Agent
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Old

Sales Volume Falls Dramatically as Tax Credit Ends

Posted 06-06-2010 at 02:08 PM by bbkennedy
Updated 06-06-2010 at 02:43 PM by bbkennedy

Mt. Washington, KY-

The First Time Homebuyers Tax Credit that expired April 30th is playing out and soon the real estate market will be left to fend for itself. Buyers have until June 30th to close their deals to reap the benefits.

Many real estate agents in Louisville described April as a mad scramble. The effect was felt in Mt. Washington too. The tax credit created a wave of buying and thus the law of waves applies: the bigger the crest the deeper the trough.
...
Real Estate Agent
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Old

Mt. Washington Homes Withstand Recession!

Posted 04-27-2010 at 10:59 AM by bbkennedy
Updated 06-06-2010 at 02:44 PM by bbkennedy (formatting)

The recession started in December 2007 so I ran the numbers on five of the metro area’s most populous counties to see how our market is weathering the storm.

Louisville has historically been stable, avoiding the effervescent fevers and crashes that other parts of the country sometimes suffer.

But this downturn is different. It’s broader and deeper than the pullbacks of recent memory. It’s no surprise that our market is getting battered with the...
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Real Estate Agent
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Old

Do Above Ground Pools Add Value?

Posted 04-20-2010 at 03:24 PM by bbkennedy
Updated 06-06-2010 at 02:44 PM by bbkennedy (sentence fragment)

One of my clients asked me about the value of his above-ground pool. He bought a 'fixer' in an east end subdivision and wants to know if he should keep the pool or get rid of it.

I couldn't find enough sales in his subdivision to make a graphical study so I searched the MLS to identify a couple of similarly priced subdivisions that did.

In the course of my efforts I learned that the above-ground pool mecca of our metro area is Hillview and the areas directly to the...
Real Estate Agent
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