Category: Local Intelligence

Kentucky Housing Market Steadies
Investor demand to keep housing market strong as price growth slows

Sixty-seven percent of Kentucky REALTORS^® anticipate an increase in home purchases by investors, according to the September 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Forty-four percent of the 243 REALTORS^® from across Kentucky expect house prices to increase over the next twelve months, while forty-nine percent expect greater price cutting.

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Kentucky Housing Market Continues To Cool Down
Buyers willing to wait as sellers adjust pricing

Seventy percent of Kentucky REALTORS^® said that their buyers were waiting for prices to stabilize, according to the August 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Fifty percent of the 309 REALTORS^® from across Kentucky expect greater price-cutting by sellers over the next twelve months, while thirty-two percent expect more houses to sell below the asking price.

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Kentucky Housing Market Hits The Brakes
Sellers to cut prices as houses stay on the market for longer

Sixty percent of Kentucky REALTORS^® expect houses to stay on the market for longer over the next twelve months, according to the July 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Forty-nine percent of the 292 REALTORS^® from across Kentucky expect greater price-cutting by sellers over the next twelve months.

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66% of Kentucky REALTORS^® say current market conditions are causing burnout among REALTORS^® according to the June 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®.

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Kentucky Housing Market Stabilizing
Buyers willing to wait as price growth expectations abate

Forty-five percent of Kentucky REALTORS^® expect houses to stay on the market for longer over the next twelve months, according to the June 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Thirty-six percent of the 354 REALTORS^® from across Kentucky, expect an increase in price reductions by sellers over the next twelve months.

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Kentucky Home Prices Leveling Off
Increased price-cutting by sellers as homebuyer enthusiasm tempers

Twenty-six percent of Kentucky REALTORS^® anticipate an increase in price-cutting by sellers over the next twelve months, according to the May 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Twenty-seven percent of the 330 REALTORS^® from across Kentucky, expect houses to stay on market for longer over the next twelve months.

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Kentucky Housing Market To Slow Down
Houses to stay on market for longer as buyers adjust to the post-pandemic world and reluctant sellers return to the market

Two out of five Kentucky REALTORS^® anticipate an increase in inventory in the next twelve months, according to the April 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Over one in four of the 318 REALTORS^® from across Kentucky, expect houses to stay on market for longer over the next twelve months.

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Kentucky Home Price Growth To Moderate On Low Inventory
Opportunity for single-family rental investors as first-time buyers get priced out

Fewer than two in five Kentucky REALTORS^® expect house price appreciation to exceed that of the last twelve months, according to the March 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Less than one-half of the 337 REALTORS^® from across Kentucky, expect their sales volume to increase over the next twelve months.

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Kentucky Housing Market Roars Into Spring
Hot seller’s market to worsen buyer affordability challenges

Fifty-two percent of Kentucky REALTORS^®anticipate more houses to sell above the asking price over the next twelve months, according to the February 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®. Forty-five percent of the 231 REALTORS^® from across Kentucky, said buyers were dropping out because of high prices.

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