Category Archives: Real Estate 2012
Real Estate in Louisville Home Price Appreciation You will find many home cost measurements and not all totally agree, but one constant trend in recent months is the fact that more and more markets are showing recovery. Whether it's NAR … Continue
Foot Traffic in Indiana has a direct correlation with increased home sales in Southern Indiana and Real Estate in Louisville. Foot Traffic is an important component of Real Estate projections and forecasts. It is defined as the presence and … Continue
Real Estate in Louisville and around the country is seeing "sparks of life" I read a very interesting article yesterday, that really got me excited. I was from Zillow, the National Real Estate reporting company. Home prices in a majority … Continue
Real Estate in Louisville and Inflation
The next several blogs and articles will be about economic indicators. Particularly GDP, inflation and payroll. All too often in the Real Estate business we focus on home sales which is like focusing on the tail instead of the horse! GDP, inflation and non-farm payrolls determine what occurs in Real Estate markets. THE TREND of all are excellent indicators of prices, interest rates, home sales and home values.
Today we are going to look at inflation. Everyone knows what inflation is; it is the price required to buy anything. High inflation (and taxes) takes away a lot of our disposable income. Inflation can be all over the board, however. Core inflation is inflation without food and energy. All items are, well, all items. Rent is the GENERAL cost of renting. Inflation is not all bad. The value of our homes and savings usually rise with inflation because interest rates rise and there is a strong demand for goods and services. Again, the trends are the key.