About Us

Kentucky REALTOR® News

DIY renovations: which are and aren't
February 3, 2016

Your buyers like the house — mostly — but the closets could be reconfigured and the bathroom tile has to go. Are those DIY projects, or are they "DIFM" (do it for me)? In a new survey from the Home Projects Council, home owners reviewed a range of home improvements. Most said they would feel comfortable doing some projects, but it's best to have professional referrals ready for some. Read More

comments
LRC posts legislative updates through YouTube
January 19, 2016

The Legislative Research Commission in Frankfort offers a weekly wrap up of the activities of the 2016 Kentucky General Assembly. The videos cover everything from issues legislators see as most important in the coming session - from the biennial state budget to Second Amendment issues - as well as educational videos on how legislation moves through the system.

 

comments
zipLogix is new member benefit in 2016
January 19, 2016

In 2016, NAR will be providing zipForm® Plus real estate forms software and zipTMS™ transaction management solution as a member benefit nationwide with the goal of providing REALTORS® access to the forms they want, when and where they need them. REALTORS® will benefit from zipLogix’ state of-the art technology, which ensures data integrity, security and disaster recovery and a standardized technology platform designed to create efficiencies and streamline processes.

This new NAR member benefit includes zipLogix’ robust transaction management system, an exclusive NAR national forms library, and state and local forms libraries provided the forms are licensed by the association or board to which the member belongs. With this step toward a comprehensive transaction platform, NAR is committed to making sure REALTORS® have the tools they need to succeed in today's dynamic real estate environment and remain at the center of the real estate transaction. Read More

comments
2016 forecast: home sale increase expected
January 19, 2016

Following the housing market's best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a more moderate pace as pent-up buyer demand combats affordability pressures and meager economic growth, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2016 housing market expectations.

 

comments
Kentucky jobless rates down in 109 counties
January 5, 2016

Unemployment rates fell in 109 Kentucky counties between October 2014 and October 2015, rose in seven counties and remained the same in four, according to the Kentucky Office of Employment and Training, an agency of the Kentucky Education and Workforce Development Cabinet.

Woodford County recorded the lowest jobless rate in the Commonwealth at 2.8 percent. It was followed by Fayette County, 3.1 percent; Oldham, Scott and Spencer counties, 3.2 percent each; Owen and Shelby counties, 3.3 percent each; and Boone, Campbell and Madison counties, 3.4 percent each. Read More

comments
Lexington named top 20 small city for college students
January 5, 2016

The city of Lexington has been ranked by the American Institute for Economic Research (AIER)as one of the top 20 small cities for American college students for 2016.

AIER, an independent economic research organization, says that in addition to the educational benefits colleges have to offer, students also look at “essential supplements to formal education.” Those supplements, such as the people students meet, places they go and the school and employment opportunities that may await them after graduation, are tied to the cities where the college or university resides. Read More

comments
Louisville council approves 'Airbnb' ordinance
January 5, 2016

After a nearly two hour debate with multiple threats of further delay, Metro Council pushed through an ordinance regulating Louisville short-term rentals Thursday evening by a 20-6 vote.

"The ordinance allows this growing industry to operate in Louisville, levels the playing field with hotels and motels on transient occupancy taxes and protects neighborhoods by limiting the number of occupants and other provisions,” said Councilman Bill Hollander, an original sponsor. Read More

comments
Email scams and online fraud hitting the real estate industry
December 22, 2015

Criminals are hacking into the email accounts of real estate agents or other persons involved in a real estate transaction and using information gained from the hack to dupe a party into a fraudulent wire transfer. The hackers often send an email that appears to be from an individual legitimately involved in the transaction, informing the recipient, often the buyer, that there has been a last minute change to the wiring instructions. Find out how to spot the crime and what to do if you are targeted. Read More

comments
Funding bill passes, contains real estate provisions
December 21, 2015

The Omnibus Appropriations Bill, sweeping legislation of more than two-thousand pages to fund the Federal Government for Fiscal Year 2016, was signed into law. The new legislation will put an end to the series of stop-gap funding measures known as “Continuing Resolutions” that have funded the government since October 1, 2015. Read the various real estate related provisions included in the bill. Read More

comments
Fed raises interest rates for the first time in 9 years
December 16, 2015

The nation's recovery from the Great Recession reached a historic milestone Wednesday as the Federal Reserve raised interest rates for the first time in nearly a decade, ending an extraordinary era of easy-money policy.

The modest ¼ percentage point increase in the Fed's benchmark rate was widely expected and accompanied by signals that Fed policymakers intend to nudge up rates even more gradually than anticipated the next few years. That's a nod to inflation that remains unusually low and vestiges of the downturn that continue to thwart a more vibrant economy. Read More

comments