"The median price of a home in the Louisville area has risen nearly 5 percent a year over the past two decades -- better than inflation, and about the same as the national rate.
And even this year -- in the midst of a national housing downturn -- the metro area is on track for a median price increase of at least 1 percent, according to the Greater Louisville Association of Realtors.
But as the national housing slump deepens, properties are sitting on the market longer, making sellers nervous and prompting some to slash asking prices and throw in such incentives as free wide-screen televisions or refrigerators to close deals......." Courier-Journal Louisville KY Real Estate
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