Louisville is a great place to live. Its home to the Kentucky Derby, the Super Bowl of horse racing events, Louisville also has a great cultural life to go along with the beauty of the Ohio River. Moving to Louisville is the dream of many people, and Louisville foreclosure homes can make that possible.
In 2006, the state of Kentucky was among the states with the highest foreclosure rates. One in every 57 homes entered into some stage of foreclosure, according to the Mortgage Bankers Association. The organization also believes that the slow job growth contributed to the increasing number of Kentucky foreclosures. Compared to the nation’s 2 percent job growth, Kentucky only posted 1 percent.
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