Kentucky Local News, Weather, Sports | Lexington, KY | WKYT

WKYT Reality Check: Home sales are on the rise in the Bluegrass

LEXINGTON, Ky. (WKYT) - For the first time since 2005, Fayette County PVA says home sales are on the rise. David O'Neill says sales are steadily increasing on home across the board, including everything from starter homes to million-dollar mansions. It is still a buyer's market.

"There's a lot of inventory out there. People have been holding on to their houses for awhile because they were afraid they wouldn't get what they wanted to get, or perhaps they hadn't lived there very long so there's a lot of inventory out there."

Lexington Realtor Christine Hall says Lexington's market is mirroring many markets across the nation.

"It's picked up considerably. In fact, over the last about nine or ten months it's really picked up. But I think people are feeling a little bit of stability."


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 203686951 - wkyt.com/a?a=203686951
Gray Television, Inc.