This final post will conclude my analysis of the trends for the top ten most populous cities in Kentucky. In previous posts we have considered the three most important factors that affect demand for commercial real estate - population, employment, and income trends. The chart below summarizes the trends in these three characteristics for each of … [Read more...]
Top Ten Cities in Kentucky: Median Household Income
Median Household Income Trends in Kentucky Having already considered population and employment trends in the top ten most populous cities in Kentucky, this post will evaluate trends in the median household income, a key measure for those considering a site selection for their business and an important economic consideration when appraising … [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 … [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 … [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 … [Read more...]
Band of Investments Method
What is the Band of Investments Method? The phrase "Band of Investments" refers to a method used by commercial appraisers or investors to calculate a rate known as an overall capitalization rate. This rate is then used to convert the net income produced by a property into an indication of value. Here is a brief explanation of how it … [Read more...]
Real Estate Demand Generators in Kentucky
Demand Generators: The Main Ingredients If you live close to Louisiana you're probably aware that three of the main ingredients in Cajun cuisine are bell peppers, onions, and celery - referred to colloquially as the 'Holy Trinity'. If your nasal passages have ever been graced with the scent of these three ingredients sauteing together in a … [Read more...]
Real Estate Investment Opportunities Near Louisville, KY
South of Louisville, KY, lies a sleepy little town named Shepherdsville. If you needed salt in the early 1800's, Shepherdsville was the place to get it. As it turns out, this sleepy little town may be the next waking giant. Paralleling Interstate 65 around 12 miles south of the world air transportation hub for UPS (known as "Worldport") in … [Read more...]
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