Lansdowne Merrick Subdivision, Lexington Ky 40502

Lansdowne Merrick Subdivision, Lexington Ky 40502

Lans-Merik Subdivision, Lexington Ky A saltbox style home at the end of a street.

Why buy a home in Lansdowne Merrick Subdivision?

Location, Location, Location 

  • Lansdowne Merrick Subdivision, Lexington Ky  is less than three miles to downtown and to the University of Kentucky.
  • Lansdowne Merrick Subdivision is a short walk to one of Lexington’s boutique malls, Chinoe Center.  My wife loves the intimacy of the Kroger’s grocery at Chinoe.  My favorite pies are baked at the “Sweet Magnolia Bakery” in Chinoe Center.
  • Residents of Lansdowne Merrick Subdivision are also only a short walk to Lansdowne-Merrick Park.  This large park has majestic trees, walking trails, playground equipment, a basketball court and picnic areas with large green spaces for children to play.

    A lovely sycamore tree in Lansdowne-Merrick park in the Lans-Merik Subdivision

    A lovely sycamore tree in Lansdowne-Merrick park in the Lans-Merik Subdivision, Lexington Ky 40502

  • Julius Marks Elementary is within a short walk of the majority of homes in Lansdown Merrick Subdivision, Lexington Ky.

    Julius Marks Elementary in Lans-Merik subdivision in Lexington Kentucky

    Most of the homes in Lansdowne Merrick subdivision, Lexington Kentucky 40502 are within a short distance of Julius Marks Elementary School

The Price is Right

Now is the Time to Buy a home in this Exceptional Neighborhood.

There are currently 10 homes for sale in the Lansdowne Merrick Subdivision.  Your opportunity to buy a home here may not last long.  In the past three years only four homes have sold in this coveted neighborhood.  Residents who buy here, stay here.  If you are looking for an exceptional home in a desirable neighborhood then now is the time to buy in Lansdowne Merrick.

Check out some of our favorite homes for sale in Lansdowne Merrick subdivision, Lexington Ky 40505

Three beds and three baths, $17 5,000

Three beds and two baths with garage and a large lot, $207,500

Don’t hesitate a moment to give Paul a call at 859 684 5890 or shoot him an email at pcampbell@rhr.com

If Paul is not available give Dorothy a call at 859 608 0724 or send her an email at dorothy@rhr.com

Paris Kentucky homes for sale continue to be a great buy.

Paris Kentucky homes for sale continue to be a great buy.  Paris is in Bourbon County which lies mostly northeast of Lexington had only twelve homes sale in the month of October.

It is still very much a buyer’s market with nine month’s inventory for all price ranges.

Bourbon County, outlined in red, lies northeast of Lexington Kentucky and is about a 20 minute commute.

However there are 21 month’s inventory for homes priced between $100,000 and $119,900 and 20 months inventory for homes priced between $160,000 and $179,900. The county seat of  Paris is a small town compared to the other county seats in Central Kentucky.  Bourbon County is well known for its beautiful horse farms and other agricultual endeavors.  Bourbon County is outlined in red on the map above.

Paris is about a twenty minute drive to Lexington and thirty minutes to the University of Kentucky.  There are a number of charming homes on the market in Paris that can be purchased with a payment for much less than you could rent in Lexington. The charm and elegance of this home priced at under $200,000 is remarkable.

Take a look at this home with 2,000 square feet on well over half an acre.

Don’t hesitate to give me a call at 859 684 5890 or shoot me an email at pcampbell@rhr.com to see one of these lovely Paris Kentucky homes for sale.

Click on this Link if you are interested in one of Kentucky’s  most gracious and elegant homes.

Can this be true? Fayette County Kentucky is a seller’s market?

If you have been waiting to sell your home in Lexington Kentucky this may be the time to get off the fence!

The September Rector Hayden Market report shows that certain prices of homes have become a seller’s market.  Homes priced below $70,000 and between $140,000 and $159,999 now have less than six months inventory. Many other price ranges of  homes have moved to only 7 months inventory.

The super low interest rates continue to entice buyers.  So give me a call if you are ready to take advantage of the new housing market conditions in Lexington and Fayette County.  Call Paul  859 684 5890 for a free market analysis.

 

 

Certain price ranges of homes for sale in Lexington Ky are now a seller's market.

Is Fayette County now a seller's market?

Public Notice, Central Kentucky Nudges Toward a Seller’s Housing Market!

Yes, that is right!  The latest Rector Hayden Market Report shows that the number of homes for sale in Central Kentucky is slowly decreasing while the sale of homes continues to be strong.   Homes for sale in Central Kentucky for August have dipped below 6,000.  That is the lowest total of homes for sale in Central Kentucky in the past five years.

In contrast, the homes sold in Central Kentucky is the highest total in the past five years.  This is good news for home sellers in Central Kentucky. This could be the opportune time to sell your home.  Give me a call for a free market analysis.  859-684-5890

See the whole report here.

Buyers don’t waste this opportunity to buy while interest rates are historically low!

Follow Me on Pinterest

Sellers Beware: Buyers are often unaware of credit problems and sometimes these are revealed just before closing.

This is a second post that is written to inform sellers so that they will be prepared when difficulties come while selling their homes.

I recently had a seller that had to wait almost three additional weeks to get their home to close.  The buyer had gone through bankruptcy a few years prior.  He had cleared all the hurdles to buy a home and yet just before closing a lien was discovered that had to be cleared.

Somehow the lawyer who had helped him with the bankruptcy had failed to notice that a bank had secured a lien on any future property that he may purchase.  The buyer had to go through the legal press necessary to clear this lien. 

This was a new experience for me and for the buyer’s agent.  Combined we have over thirty years of experience selling real estate.  The point I want  sellers to  understand is that there are so many different things that can make it difficult to sell your home.  Getting an acceptable contract is exciting but just the beginning of the process to close the deal.

To read the previous post to help sellers just click on this link.

 

 

 

Fayette County Housing Inventory is Shrinking but is Still a Buyer’s Market

Prices continue to climb in the Central Kentucky housing market but inventory still remains fairly high.  We are seeing the inventory in Fayette County begin to near a neutral market and in some price ranges Fayette County has now become a seller’s market.

The last column in the chart below shows the months of inventory of homes for sale in Central Kentucky for the various price ranges.  The  chart that follows shows the same for just Fayette County.  

Inventory of home on the market for July 2012 in Central Kentucky

Prices are up but inventory is still a buyer's market in Central Kenucky for July 2012

 

 

The chart below shows the inventory for homes on the market in Fayette county is trending toward seven months.  Historically six months is the turning point.  If the inventory falls below six then we tend to be in a seller’s market.  For homes priced below $300,000 we are mostly at seven months inventory.

 We are only one month away from being in a neutral market.  This is a considerable change from a year ago when these price ranges mostly ranged between 8 and 13 months inventory.  

So with historically low interest rates and great home values this is the perfect time for buyers to make a move before the market switches to the seller’s advantage.

Home prices in Fayette County rise as inventory shrinks.

Inventory of homes for sale in Fayette county for July 2012 edges toward a seller's market.

 

Central Kentucky Housing Market Continues to Improve in July 2012

July 2012 was another month of modest gains in the Central Kentucky housing market.  The number of sales continue to climb and  the average sales price also improved.  For the year prices of homes sold has improved 4 percent.  Historically home prices in Central Kentucky have risen 3 percent on the average for the past 50 years.

We need several years of 4 percent gain to get back to the historical average of gain we experienced the previous 50 years before the downturn.

Specific county and price range sales will be forthcoming in additional posts.

Housing market continues to improve in Central Kentucky

Trends Look Good for the Third month in Central Kentucky Home Sales

 

A wonderful place to call home!!!

The beauty and location of this special 82 acres in Wilmore Kentucky make this a rare find!

The price was recently reduced to $599,000.  Come take a look!

[Read more…]

More fun, much easier and with many more features. Searching for your dream home in Central Ketucky at TheJubilleTeam.com

The Jubilee Team is very pleased to announce that we have made searching for your home in Central Kentucky a much more rewarding experience. 

Have you ever been disgusted because you really cannot define the specific price of a home when searching in Lexington and other Central Kentucky towns?

Finding a home for sale in Wilmore is easy and fun on TheJubileeTeam.com

Searching for your dream home for sale near Lexington Ky is now a joy!

Are you tired of searching for a home for sale in Lexington and finding that there is so much text in a small space that your eyes flame out after two minutes?

Are you fed up with searching for a home in Lexington and finding sites that load so slowly you can watch the hair grow on your fingers as you type?

Are you tired of searching for a home and then having to search on a different site for a good map?

When searching for your Central Kentucky home that is for sale you get two useful maps.

Two great maps show you right away what you need to know.

Would you like to be able to search for homes for sale in Lexington Kentucky and other Central Kentucky communities and find that there is always a map that shows all the schools, all the businesses, all the libraries and everything else that will be of interest to your family?

The Jubilee Team’s new searches are designed to be “your home away from home” so that you can get timely, accurate and needed information as you look for your new home in Lexington and other Central Kentucky towns.

This is the first of a few blogs that will explore this new wonderful search experience for homes for sale in Central Kentucky.  Please enjoy!

Updated 4 bedrooms, desirable and close to downtown for a great price in Lexingoton, Ky

Desirable schools and all new kitchen with a huge yard and hardwoods make this ready to

4 bedrooms and ready to move in, Lexington Ky

A Rare Find, Available soo.

move in home a Lexington treasure.

524 Plainview Road Lexington Kentucky 40517 is waiting for your family to immediately enjoy.  No need for updates and no need to worry about the roof or heating and air conditioning.

Like to garden.  There is enough room in the back yard for a large garden with room to spare for the children and their friends to romp and ramble while you watch and enjoy stirring up a new recipe in your updated kitchen.

Real hardwoods in the family room and bedrooms and ceramic tile in the large basement recreation room assure you of easy breathing and cleaning.  No carpet here to cause sneezing and wheezing.

Call Paul or Dorothy for your own private tour:

Paul  8596845890   Dorothy 859 608 0724