Homeownership company Ribbon announced its expansion into Kentucky, its eighth expansion this year. Ribbon now operates in 15 states. The company empowers homebuyers to make all-cash offers with its product RibbonCash, which guarantees closing.

Home sales in Louisville rose 3.5% in June 2022 compared to last year, selling for a median price of $211,000, according to Ribbon, and homes sat on the market for 15 days – on par for a tight market compared to 16 days a year ago when competition was at its peak.

Ribbon works directly with real estate professionals and lenders who remain key advocates for buyers and sellers. It will partner with Finish Line Realty of Louisville, the company said in its news release.

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