Joel Lobb, Mortgage Broker FHA, VA, KHC, USDA
26 days ago
Kentucky Housing Market Update
New national housing data shows sellers now outnumber buyers by over 500,000, while pending home sales have dropped to the lowest level ever recorded.
Why this matters for Kentucky buyers:
• Reduced competition
• More price reductions
• Seller incentives becoming more common
• Better contract flexibility
This shift doesn’t mean prices fall overnight — but it does mean buyers may see improved opportunities this year with the right strategy and loan guidance.
New national housing data shows sellers now outnumber buyers by over 500,000, while pending home sales have dropped to the lowest level ever recorded.
Why this matters for Kentucky buyers:
• Reduced competition
• More price reductions
• Seller incentives becoming more common
• Better contract flexibility
This shift doesn’t mean prices fall overnight — but it does mean buyers may see improved opportunities this year with the right strategy and loan guidance.
This site uses cookies from Google to deliver its services. By using this site, you agree to its use of cookies.