Louisville remains on the NAHB/First American Improving Markets Index (IMI), which now includes 274 metros as of this month. The index tracks job growth, house price appreciation, and building permits, and each component must have six months of consecutive growth to be included on the list. As of last month each state in the union had at least one metro area on the Improving Market Index. This is an extremely positive sign for the rebound of housing across America.
Louisville has remained on the list since November 2012 and had previously been included for two months in February and March 2012. The local market is doing well and now is a great time to buy and build a newly built home.