We see over and over that the housing market is in the recovery mode. We think that a strong example would be the Hillcrest neighborhood in Prospect. This is a luxury subdivision with homes that are both active and SELLING. There are 4 pending sales as I write this and there have been 11 completed sales since the first of the year. Homes here range in price from $400,000 to in excess of $800,000 with the oldest home 11 years of age. In this price range, you expect to see many homes on the market for a long time, but 5 were on the market less than 45 days.
The Oldham County School System is always a draw to this area and Hillcrest would be no exception. Oldham County Schools are award winning and highly regarded in KY and a model for which other communities strive to master.
People would...