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Kentucky housing sales a mixed bag in December | Kentucky

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www.thecentersquare.com – By Steve Bittenbender | The Center Square contributor – 2025-01-17 12:46:00

SUMMARY: Kentucky’s housing market saw a slowdown in December, with new listings declining by 3.5% year-over-year to 2,973 homes, and a significant drop of over 40% from November. Properties took longer to sell, averaging 20 days, three days longer than the previous year. Sales also dipped slightly, totaling 3,270, down 0.5% from December 2023. However, the median home price rose 8.8% to $265,000. The housing market faces challenges, including fewer first-time buyers and rising interest rates, with the average mortgage rate reaching 7.04%. These factors indicate ongoing inventory shortages and pressures on potential new homeowners.

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News from the South - Kentucky News Feed

Dry and mild Friday, soaking rain late tonight

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www.youtube.com – WLKY News Louisville – 2025-01-17 05:03:47

SUMMARY: Today’s forecast predicts a sunny start to Friday, with morning temperatures in the mid to upper 20s, reaching up to 54°F by afternoon. As evening approaches, expect rain showers to develop after 10 PM, leading into a wet Saturday morning with lighter rain and drizzle throughout the day. Saturday temperatures will drop into the 30s. Sunday will be very cold, with highs around 26°F and potential flurries. The following days will remain frigid, with lows dipping to 7°F on Monday and highs only reaching the low 30s through midweek, with a snow chance on Thursday.

WLKY Meteorologist Matt Milosevich has the latest on a brief chance to thaw Friday, with rain, flurries and colder air moving in for …

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Kentucky lawmakers looking to tackle a number of issues in 2025 legislative session

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www.youtube.com – WLKY News Louisville – 2025-01-16 17:42:34

SUMMARY: Kentucky lawmakers have prioritized exceptions to the state’s abortion ban as the 2025 legislative session begins. Senator David Yates and Representative Ken Fleming are refiling bills to allow abortions in cases of rape or incest, alongside proposed mental health support for affected individuals and their families. Another key proposal is Senate Bill 67, which aims to exempt homeowners aged 65 and older from property tax increases to ease their financial burden. Legislators plan to address various issues, including crime and cannabis, in the 30-day session, reconvening on February 4th. Their goal is to advance legislation for a progressive Kentucky.

Kentucky lawmakers looking to tackle a number of issues in 2025 legislative session

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Beshear: 6 deaths occur related to Jan. 5-11 winter weather

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www.wnky.com – WNKY Staff – 2025-01-16 17:18:00

SUMMARY: Kentucky Governor Andy Beshear, following his re-election, announced that six Kentuckians died from weather-related incidents between January 5 and January 11. The fatalities, confirmed by state officials, included cases of “overexertion followed by cardiac arrest” while shoveling snow and ice. Beshear warned that heavy snowfall can lead to injuries and heart attacks, urging residents to take breaks. He also cautioned that arctic air would bring dangerously low temperatures from January 19 to 22, with wind chills potentially dropping below zero. Warming center locations have been made available on the Kentucky Emergency Management website.

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