Local home sales soared in April

May 13–April was a good month for the local real estate business.

The Greater Owensboro Realtor Association reports 165 homes sold during the month.

That’s up from 112 a year ago.

The median price was $141,500 — up from $120,450.

The total amount of sales was $27.7 million — up from $15.3 million.

And the number of houses on the market hit 415 — up from 337.

–The U.S. Bureau of Economic Analysis reported last week that real gross domestic product for the country increased by 2.1 percent between 2016 and 2017.

In Kentucky, it increased by 1.8 percent.

The state of Washington led with 4.4 percent growth.

Louisiana was at the bottom with a 0.2 percent decline.

–Ginza Japanese & Asian Bistro opened last week at 2601 W. Parrish Ave.

And El Bracero Mexican Restaurant is getting very close to opening in the former Logan’s location in Highland Pointe.

–Jagoe Homes is creating a VIP list for people interested in buying homes in its new Bluegrass Commons community on Barron Drive in southwestern Owensboro.

The subdivision will have streets named for bluegrass musicians.

People on the VIP list get floorplans and opportunities to buy home sites before the general public.

–The 2018 Marijuana Business Factbook says there are between 125,000 and 160,000 full-time workers in the cannabis industry today.

The report says the industry is expected to add 340,000 full-time jobs by 2022.

–Kentucky’s tax collections have grown 4.1 percent for the first 10 months of the fiscal year, the Office of State Budget Director reported last week.

–Alorica was named a bronze award winner recently in the The 16th Annual American Business Awards’ minority-owned business of the year category.

This article provided by NewsEdge.