 Articles upon articles show up in all forms of media to “inform” us of the current housing situation. Too often the headlines are grim; Once we read into the articles we find the facts.
Property owners in Jefferson County can be confident that the investment in their home is still safe. Property values for 2007 in Jefferson County actually increased from a median value of $141,000 in 2006 to $147,000.
Even though a great deal of the United States is seeing a housing decline, Jefferson County is fortunate that we have a resilient market without extremes in yearly value appreciation as evidenced in the graphs produced by the University of Louisville.
The next time you read or hear a headline about the housing market, take a minute to read the full article and see if it is about the Louisville housing market.
|
