Interesting article. Down south where I live, it looks like the Louisville real estate market is either up, or down, depending upon which set of stats you look at, and what you compare it to. For instance, the asking price of homes is rising across much of the city, which seems like good news. But the sales price is down across the board. Unless you compare the most recent sales numbers to the worst sales numbers on record, last years. So if you are an optimist, you say “At least we aren’t as bad off as last year”, and if you’re a pessimist, you say “Man, this year is just about as bad as last year!”

Greg