Population migration has a huge impact on the value of commercial real estate in cities in Kentucky. It's a little saddening to watch the demise of various cities in rural Kentucky as their population gradually declines and local businesses are forced to close their doors. The phrase "Death by a Thousand Cuts" comes to mind. On the other hand, some … [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...]
Economic Snapshot of Kentucky Counties Based on Three Demand Generators
Employment, Population, and Income, collectively known as demand generators, are all fundamental forces of demand and key measures of the economic health of a region. Changes in these three categories affect the demand for various types of real estate within the market. For some time I've wanted to create a map to visualize which areas of Kentucky … [Read more...]
Population Growth Rate Trends in Kentucky
Kentucky Population Growth Rate Trends I have undertaken the task of analyzing Kentucky's top ten Cities. As I stated in my previous blog post, one of the three most important demographic characteristics to consider when evaluating an investment decision is the growth of the local population. Providing you with a picture of the population growth of … [Read more...]
Commercial Real Estate Markets in Kentucky
Analysis of Commercial Real Estate Markets in Kentucky Some months ago I determined to perform an analysis of the top ten real estate markets in the ten most populous cities in Kentucky with respect to their demographic characteristics. Some of my findings are fascinating. For example, the population of Louisville comprises approximately 55% of the … [Read more...]
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