August 2009

Found 7 blog entries for August 2009.

oregon_400$80,000 price reduction!

Fabulously remodeled Victorian cottage in an extremely scenic setting. The oldest portion of the home dates from 1810 and was built by Clarence Atwell Crossfield on a portion of the Robert McAfee land grant. Circa 1900 the home was moved to its current location and changed into a Victorian style.  

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The current owner began the complete restoration process in 2004.  The home has new zoned HVAC, redone 10' ceilings, 2 full baths, redone hardwood floors, redone original woodwork and doors, new vaulted ceilings under each gable, tons of insulation, a garage with office and skylights, wonderful screened porch with heated floor and attached deck, new electric, new plumbing, new septic, new roof.

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5 acre home sight overlooks a

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Offer by extremely motivated sellers!  This wonderful classic Kentucky mansion rests atop a knoll overlooking some of the top Thoroughbred nurseries in the world. The top of the line main barn features 18 stalls (16 that are 14'x14'+ 2 that are 14'x28'), multiple tack rooms, kitchen, full bath, multiple storage areas, tongue-in-groove woodwork, 3 copulas, dormer windows, inside and outside stall doors, etc.

The large indoor arena currently used for dressage horses has one of the top footings available in a dust free binding. A second barn houses 9 stalls. The guest home includes 2 bedrooms, 2 baths, vaulted ceilings and open floor plan. The main home has 10' ceilings, marble and hardwood floors, 1st and 2nd floor master suites, detailed millwork,

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merinonewfront_640314 Merino Street is a simple Craftsman style cottage with jerkin headed gable in the Woodward Heights Historic District steps from Rupp Arena and the center of downtown in Lexington Kentucky. The house is thought to have been built and finished just before the beginning of the First World War in July 1914.
 
Hiram Shaw, a hat maker back in the days when everyone needed a good hat, originally owned the land. Shaw’s family had owned314_merino_st_003_640 the approximately 30 acre property since about 1812 and sold what remained of the estate after   subdividing much of the land fronting Merino Street, High Street and Patterson St., (now incorporated into the Rupp Arena parking lot) by 1892 when prominent businessman Ben D. Bell purchased the circa 1820 Late Federal Shaw house and

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The Bell House, individually Listed on the National Register of Historic611emain1_004_640 Places was built from drawings by architect Major Thomas Lewinski and completed in 1846 for David Sayer and sold shortly there after to Henry Bell. David Sayer and Henry Bell were prominent Lexingtonians in the early 19th century and were related in marriage. A year after the death of Henry Bell, the house suffered a disastrous fire in 1884, and was rebuilt by architect William Stewart. 


The house became the residence of his son, D. D. Bell who died in 1892 and left the place in trust to his daughter Clara. Bell Court was developed beginning in 1906 on the 56-acre tract of land with 5 acres remaining with the house. The house and five acres was given to the city of Lexington in 1940

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As Downtown Lexington continues to grow to fit the needs of the 21st century, The Fairmont on Main is one of the premier addresses for the best in downtown living.908033_02_400

In this townhouse style condo you will find a bright open Great Room with 10' ceilings, hardwood floors, a gas-log fireplace, 1/2 bath and laundry closet located off the kitchen.  The modern kitchen includes all stainless appliances with a dual fuel gas range and granite countertops.

A true Master Suite occupies the entire second level with hardwood floors, a balcony, large walk-in closet and a 908033_05_400beautiful ensuite bath with walk-in shower and garden tub.

The lower level is perfect for a 2nd bedroom, office, or media room. You'll find another full bath, walk in closet and additional storage

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RISMEDIA, August 4, 2009-If history is a reliable guide, then it may be safe to say that we have entered the beginning of the end of this historic housing bear market. The following data from the Winans International Real Estate Index shows significant increases in new home sales which has led to a decline in new housing inventory.Winans International Real Estate Index (New U.S. Homes)
Percentage Change Since December 31, 2008:                

                                                                U.S.     West    Northeast    South    Midwest

                                             Price         (2%)    (5%)     (8%)              3%        (5%)

                                            Sales         56%    50%     50%              21%  

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By Kevin G. Hall RISMEDIA, August 4, 2009-(MCT)-The worst U.S. recession in 70 years should end over the next three to six months, judging by recently released data that showed that the economy’s contraction eased considerably from April through June.The Commerce Department reported that the economy shrank at an annualized rate of 1% in the year’s second quarter, less than most analysts had expected, and far less than the dramatic 6.4% shrinkage in the first quarter, a figure revised downward from the initial estimate of 5.5%.Independent economists think the economy now is poised to grow, albeit slowly.“The key point is that this is the last negative (growth) report in the Great Recession, signaling the end of the downturn. The economy won’t come roaring…
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