January 2010

Found 4 blog entries for January 2010.

RISMEDIA, January 23, 2010—By now it is well documented that today’s affordable housing prices, historically low interest rates and federal home buyer tax credit have combined to create one of the most attractive first-time buyer markets in recent memory. What many Americans might not realize is that a recent expansion of the buyer tax credit has created an equally desirable opportunity for existing homeowners.

This past November, Congress elected to expand the home buyer tax credit to repeat buyers after seeing the success the temporary financial incentive had on the housing market and overall economy. As a result, current homeowners who will have lived in their home for 5 consecutive years out of the last 8 may now be eligible to receive a $6,500 tax

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By Tanya J. Tyler  - Lexington Herald Leader  History, diversity, and community activism are hallmarks of downtown neighborhood

On the eve of Martin Luther King Jr. Day, it is most appropriate to profile the downtown neighborhood named for the late civil rights leader.

Bordered by Elm Tree Lane and Short, Sixth and North Limestone streets, the Martin Luther King neighborhood encompasses a great deal of Lexington history.

For instance, you will find in this area: Kinkead House on North Martin Luther King Jr. Boulevard, one of the few remaining antebellum mansions in the northeast quadrant of Lexington's original boundaries; Central Fire Station on East Third Street, built in 1929; Campsie Place, which dates from 1905 and has houses in a variety of

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Please join us to view three of Jessamine County's finest homes in Harrods Ridge on Sunday, January 10th between 1 pm and 3 pm.

102 Silver Fox Drive - Offered at $1,050,000 - Hosted by Charles Fields 859-494-6845

This two story foyer has a curved wrought iron staircase.  The living room, kitchen, breakfast area & family room all have French doors leading to the covered porch overlooking the fairway.  You must see the kitchen to appreciate the pro style Jenn-Aire appliances and state of the art fixtures.  The master suite also has access to the covered porch and included his & hers closet and lavish cabinetry in the bath. There is a second master suite upstairs. This home has a full unfinished basement with unlimited possibilities.
See 102 Silver Fox

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RISMEDIA, January 7, 2010—Contract activity for pending home sales fell after a surge of activity in preceding months to beat the original deadline for the first-time home buyer tax credit but remains comfortably above a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in November 2009, fell 16.0% to 96.0 from an upwardly revised 114.3 in October, but is 15.5% higher than November 2008 when it was 83.1.

Lawrence Yun, NAR chief economist, said a drop was expected. “It will be at least early spring before we see notable gains in sales activity as home buyers respond to the recently extended and expanded tax credit,” he said. “The fact that pending home sales

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