In Progress Report: Preservation Forum 2005, the New Albany Renewal blog recalls last May's "Preserve New Albany's Older and Historic Neighborhoods" forum at Destinations Booksellers, and points out that one of the goals expressed at the forum has come to fruition: Historic New Albany.When you locate in New Albany, you enjoy the pleasures without the scuffles of big city life. New Albany sits just minutes away from the market place and business center of downtown Louisville, Kentucky. And with easy access to interstates, driving any direction connects residents to other stirring metropolitan areas or charming rural towns.
The Historic New Albany site spotlights historic properties for sale in New Albany, including commercial and residential properties, and with a new link to information on sheriff’s sales.In my opinion, the local real estate community has been slow to appreciate the potential of the market for historic properties, but they’re starting to come along, and web sites like this one are handy tools for encouragement and education.
Those of us who are not real estate professionals still can play a part by referring prospective residents and business people to the Historic New Albany site.
As was noted Thursday night at the East Spring Street Neighborhood Association meeting, each of us needs to sell a house – just not our own.
(Photo credits: Historic New Albany web site)
Excellent posting.
ReplyDeleteSomething that's come up in corresponding with the woman who's in the process of buying the house across the street from me is this: some of the bigger homes have been broken up into apartments. When someone purchases one to renovate back into a single-family dwelling, some mortgage lenders want to loan at a higher interest rate due to property's commercial status as apartments.
Laura at Historic Landmarks has been helpful in gathering info to assist this buyer, and I've made contact with a local lender who is interested is helping facilitate financing at the residential rate. We should all talk to our local, community-based banks and let them know we want them to go the extra mile to assist buyers who come to them with rehab and renovation plans for homes in our downtown neighborhoods.
Thanks for yet another bit of information to pass along to others who may be or know someone who may be interested in a city like New Albany.
ReplyDeleteI'm certain there are people looking for just such a place to live, work, and invest in and the internet via blogs like this has provided us a cheap, easy way to share what we have to offer.
Keep 'em coming!
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ReplyDeleteThis site is truly a success story and may have never happened without the forum at Destinations.
ReplyDeleteA big thank you to everyone involved in the site - especially David Barksdale and other NAHPC members doing the research on the homes.