After a long, long lull in subdivision development appraisals, I've received three assignments in the past several weeks for existing or proposed subdivision developments. But don't pop the cork on the champagne just yet. In my view, the jury is still out on the economic feasibility for residential subdivision development in most areas of Hardin … [Read more...]
Projected Population Growth of Kentucky Counties 2015 Through 2020
Below you will find a map depicting the projected change in population for each county in Kentucky from 2015 through 2020. No surprises here. … [Read more...]
Commercial Real Estate Appraiser in Kentucky
As a commercial appraiser in the great State of Kentucky, part of my job is to analyze local economic trends. We've all seen the ghost towns in rural areas as the population migrates towards more urbanized areas of the state. Needless to say, this trend wreaks havoc on the value of the commercial real estate left behind. Conversely, some … [Read more...]
Employment Trends in Kentucky
Employment Trends in Kentucky In my previous blog post, I analyzed the trend in population for the top ten most populous cities in Kentucky. Population trends, along with trends in employment and income, comprise what are known in the appraisal community as 'demand generators'. Trends in these three categories increase the demand for real estate in … [Read more...]
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