Category: Local Intelligence

Kentucky REALTOR^® Confidence Rises In November
House price growth to moderate as market continues to turn buyer-friendly

Kentucky REALTORS^® expect an increase in sales volume in the next year even as the market continues to turn buyer-friendly, according to the November 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®.

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Kentucky Housing Market To Hold Steady
Low housing supply and demand from investors to keep prices stable

Although economic concerns are tempering homebuyer enthusiasm, anticipated increases in home purchases by corporate investors will help hold the housing market steady in Kentucky, according to the October 2021 edition of the HousingIQ Survey of Kentucky REALTORS^®.

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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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