Real Estate Cooling In KY

The real estate market is showing signs it’s cooling off Relators report an eight perent decrease from last year.Realtors said the hot housing market is changing, but still strong. Rick Pannell, a real estate broker with Team Pannell Real Estate, said months of record-breaking home sales and low inventory may be changing.According to the Lexington-Bluegrass Association of Realtors, July was the first time home sales have dropped since the pandemic began.

Source: MG News

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