The local real estate market in Murray and Western Kentucky - A somewhat biased opinion

By
Real Estate Services with Greg Taylor and Associates, PLLC

Here in Murray and Calloway County, KY, our real estate market has several factors that keep the market among the tops in Western Kentucky.  We have Murray State University, which provides home buyers and renters, along with many cultural and entertainment experiences.

We also have beautiful Kentucky Lake and Land Between the Lakes, which provide a great atmosphere.  Combine all of this with a low cost of living and you have a GREAT place to live.

As an attorney and real estate investor here in Murray, I have noticed that home sales have slowed somewhat over the past few months, mirroring the national economy.  We have been insulated here for several months but eventually the national economy is going to trickle down to us.

I have also seen a rise in the number of foreclosures and pre-foreclosures.  Our company is able to help many of these people save their credit and stop their foreclosure and that is a source of great personal satisfaction to me.

With the latest local results showing an average time on market of 6 months, many people are needing to sell NOW and not later.  With holding costs and mortgage payments being so costly, it is often the best option for people to sell at a wholesale price rather than hold out for top dollar.

In conclusion, we are all in for a rough next couple of years but with a little faith and some common sense, we all ought to be able to ride out even the toughest of times.

 

God Bless and have a truly wonderful day.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the camera to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Location:
Kentucky Calloway County Murray
Groups:
Christianity and Real Estate
Kentucky Professionals
Short Sales Specialists
Western Kentucky Real Estate Investors
Tags:
murray
ky
kentucky
real estate
we buy houses
foreclosure
stop foreclosure

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the robot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
33,671

Greg Taylor

Murray Kentucky, Real Estate Attorney and Investor
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

My comments on the world of investing, from issues facing investors to discussions of new techniques.