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The latest statistics on local residential properties
PVAStatistics
These statistics on local residential and commercial property are compiled by the o ce of the Fayette County Property Valuation Administrator. The data reflect the most up-todate information available at the time of printing for this publication, but monthly figures may be revised as additional public records of property transactions are submitted and become available.
Top Commercial Transactions for January 2022
SALE DATE ADDRESS PRICE OWNER
1/19/22 3099 Kirklevington Drive $18,500,000 Cyclone Thirty99 174 LLC 1/20/22 440 W. New Circle Road $2,450,177** Broadstone ZCW Portfolio LLC
1/14/22 432 S. Broadway $845,000 Fouzbox Development LLC 1/5/22 1678 Alexandria Drive $800,000 Taylor Made Properties LLC 1/5/22 1674 Alexandria Drive $800,000 Taylor Made Properties LLC 1/12/22 209-213 N. Upper St. $800,000* Wilkins House LLC 1/12/22 201-203 W. Second St.
1/3/22 365 Aylesford Place
1/27/22 204 Southland Drive
1/5/22 283 Gold Rush Road $605,000 MJH Properties LLC $554,000** Brown, Gregory TTEE $400,000 Rowe, Donald E. & Jennie A.
1/6/22 424 Transylvania Park $395,000 Chesney, Timothy D. & Kelly M. 1/13/22 2053 Coburn Blvd. $387,000 West 5th Properties LLC
1/13/22 2053 Coburn Blvd. $380,000 CW Investments LLC
1/24/22 1145 Kees Road $330,000 Property Relief Team LLC 1/28/22 141 Prosperous Place Unit 23A $275,000* Benezet Rentals II LLC 1/28/22 141 Prosperous Place Unit 23B 1/24/22 1864 Oxford Circle $150,000 Mendoza, Frans Munoz & Kevin Gabriel
1/24/22 1408-1414 N. Limestone $120,000 JBL Holdings LLC
* Sale price based on a multiple-parcel transaction ** Parcel includes multiple improvement
Residential Sales Data for January 2022
The chart below shows the monthly residential sales activity in Fayette County for the previous 24 months. The data for the most recent month reflect a projected estimate from the o ce of the Fayette County Property Valuation Administrator and are subject to change.
2021 RESIDENTIAL SALES 2021 RESIDENTIAL SALES 2020 RESIDENTIAL SALES
800
700
600
500
400
300
200
100
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
-1% 4% 2% 33% 18% 20% -8% -4% -5% -7% -1% -7%
MONTHLY PERCENTAGE CHANGE OVER PREVIOUS YEAR
For more local residential and commercial real estate information, visit the website of the Fayette County Property Valuation Administrator at www.fayettepva.com.
Generations Serving Generations We understand the importance of consistent advice over time, especially when it comes to your family. Our multigenerational team of advisors ensures there will always be someone to care for your legacy.
Generations Serving Generations
The Brooks Bulleit Group We understand the importance of consistent advice over time, 300 W. Vine St., Suite 1100 especially when it comes to your family. Our multigenerational Lexington, KY 40507 team of advisors ensures there will always be someone to care 859-514-0183 for your legacy. 800-944-2663 Certi ed Financial Planner Board of Standards Inc. owns the certi cation marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certi cation requirement. ©2022 Robert W. Baird & Co. Incorporated. Member SIPC. MC-745800.
Generations Serving Generations
The Brooks Bulleit Group We understand the importance of consistent advice over time, 300 W. Vine St., Suite 1100 especially when it comes to your family. Our multigenerational Lexington, KY 40507 team of advisors ensures there will always be someone to care for your legacy. 859-514-0183 800-944-2663 Certi ed Financial Planner Board of Standards Inc. owns the certi cation marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certi cation requirement. ©2022 Robert W. Baird & Co. Incorporated. Member SIPC. MC-745800.
The Brooks Bulleit Group 300 W. Vine St., Suite 1100 Lexington, KY 40507 859-514-0183 800-944-2663 Certi ed Financial Planner Board of Standards Inc. owns the certi cation marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certi cation requirement. ©2022 Robert W. Baird & Co. Incorporated. Member SIPC. MC-745800.
EconomicAnalysis
A monthly look at economic indicators compiled by the Center for Business and Economic Research (CBER) at the University of Kentucky. For more on CBER, visit www.cber.uky.edu.
Payroll emp. MSA**** Manufacturing Employment Durable Goods (KY) **** Manufacturing: Lexington-Fayette MSA Total Employees**** Unemployment Rate MSA**** Recent Data Feb. 2022
270,500 Dec. 161,500 Dec. 28,296 Dec. 2.60% Dec. 1-Month Change 0.30% 0.56%
-0.03% 0.20%
Payroll Employment, US Manufacturing Payroll Employment US Unemployment Rate, US 149,629 Jan. 12,559 Jan. 4.00% Jan. 0.31% 0.10% 0.10%
Consumer Price Index, Southern Region Consumer Price Index, US Producer Price Index, US 271,634 Jan. 281.148 Jan. 231.1 Dec. 0.90% 0.80% -0.49%
Index of Leading Indicators** Fed’s Index of Industrial Production** 120.8 Dec. 101.9 Dec. 0.80% -0.10%
3-Month Treasury Yield*** 10-Year Treasury Yield***
Real GDP (millions $) 0.15% Jan. 1.76% Jan.
4th Qtr. 2021 23,992,355.00 Jan. 27 0.09% 0.29%
1-Month Change 5.50% 1-Year Change 2.38% 4.19%
0.38% -2.10%
4.62% 3.08% -2.40%
7.80% 7.50% 11.98%
N/A -3.60%
0.07% 0.68%
1-Year Change 11.71%
MSA: Lexington-Fayette Metropolitan Statistical Area; (p)=preliminary; NA=not available * Source: http://www.conference-board.org ** Source: Federal Reserve Statistical Release — http://www.federalreserve.gov/releases/G17/ *** Source: Federal Reserve Statistical Release — http://www.federalreserve.gov/Releases/H15/data.htm **** Source: St. Louis Federal Reserve — https://research.stlouisfed.org/fred2/ Note: In some cases 1 mo. and 1 yr. changes are based on revised data from previous mo./yr. GDP is reported in current dollars.
GrammarGourmet By Neil Chethik
Breaking up ‘soul mate’ is hard to do
Words matter, not only in literature but in love. That’s why, as we pass by Valentine’s Day and move toward the annual wedding season, I am calling for a divorce — or at least a trial separation — between the words “soul” and “mate.”
Who hasn’t heard an excited person say, after several weeks of dating: “I’ve found my soul mate!” The person really means to say: “I am utterly infatuated with this stranger.” But too often, infatuated people believe they have found the one person in the world whom they were meant to be with, and they apply the phrase soul mate to this inspired connection.
Reality check: According to all available evidence, a soul-mate relationship is not something you find in a moment or even develop over a few months. Quick marriages usually end quickly. A soul mate is someone you gain over years of being in a not-always-soul-stirring relationship.
Yes, soul mates share chemistry and eye contact. But they also persist through money woes and parenting problems and global pandemics. They outlive tragedy together. They go seasons without sex. Some even fall out of love for a while.
The smartest thing I ever heard about relationships came from a woman who had lasted 30 years with her quirky husband. She recalled that on the eve of her wedding, she decided to make a list of 10 of her fiancé’s faults that, for the sake of their marriage, she would always overlook.
When the woman was asked which of her husband’s faults she had listed, she replied, “You know, I never did get around to listing them. Instead, every time he does something that makes me mad, I simply say to myself, ‘Lucky for him, that’s one of the 10!’” BL
PHOTO FURNISHED
Neil Chethik, aka the Grammar Gourmet, is executive director at the Carnegie Center for Literacy and Learning (www. carnegieliteracy.org) and author of “FatherLoss” and “VoiceMale.” The Carnegie Center o ers writing classes and seminars for businesses and individuals. Contact Neil at neil@ carnegieliteracy.org or (859) 254-4175.