Tre Pryor Interview: Interest Rate Hikes’ Effect on Real Estate

Once again my friend and past client, David Mattingly, asked me to be interviewed on WAVE3 news. Today’s topic was interest rate hikes’ effect on real estate, specifically our Louisville market.

Screen capture of an interview between Tre Pryor and David Mattingly of WAVE3 news
I’m proud to be a reoccurring guest on WAVE3 when real estate is being discussed.

It’s not surprising that recent interest rate increases by the Fed are needed. After all, it’s one of the only ways to combat our skyrocketing inflation. But there are always consequences.

In real estate, it translates into home buyers being forced to settle for “less home” for the same amount of money. We also talk about how interest rate hikes’ effect on real estate is only making things worse for Louisville home buyers. Now their buying power is reduced on top of already low housing inventory.

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6 Things to Consider When Buying a Home as a Senior

Surprisingly, many first-time homebuyers are retirees or older individuals. Many seniors who have lived in their current homes for many years might decide to upgrade to a newer model for reasons like preferring a warmer climate or wanting to be closer to family. So what are the key issues to focus on when buying a home as a senior?

Photo of a senior couple signing paperwork to buy a new home
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7 Benefits of Having a Home Warranty for a Rental Property

A home warranty is an insurance policy that covers the repair or replacement of major systems and appliances in a home. For landlords, having a home warranty in place can provide protection against expensive repairs or replacements, as well as peace of mind. In this blog post, we’ll explore seven benefits of having a home warranty for your rental property.

Photo of a new construction home
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Modern Dining Room Design: A Guide

People gather in a dining room to enjoy meals with their loved ones. When designing your dining room, there are many things to keep in mind. By keeping up with current trends, you can be sure that your dining room will feature the latest furniture and interior design elements. Read on to learn more about today’s modern dining room design.

Photo of a modern dining room
Photo by Mark McCammon
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Steel Rainwater Tank: 5 Reasons Maintenance Is Essential 

Having a home rainwater collection system is an effective way to conserve water and energy. It provides a sustainable solution to the limited source of potable water in the world. A rainwater harvesting setup is efficient for utilizing free water supplied by nature. But what do you know about maintaining your steel rainwater tank?

Photo of a stainless steel rain tank
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Best ROI Advice for a First-time Landlord

Getting a regular sum into your account from your rental property is alluring, specifically for a first-time landlord. But you may not realize the responsibility of being in this business until going knee-deep. Maximizing the ROI of your rental property takes strategic planning and relentless hard work. While you have the option to hire a property manager, it may not be financially feasible for a newbie. Fortunately, you can be a successful DIY landlord even as a beginner, provided you use common sense and follow some rules. Let us share some valuable ROI advice for a first-time landlord.

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The Impact Of Technology On Real Estate

The impact of technology on real estate is undeniable. It’s been essential in marketing sellers’ homes, helping buyers get more involved in the process, and increasing safety for many in the industry. Crime remains a problem in the US. In Louisville, your chance of becoming a victim of a property crime is one in 29. As a result, security technology holds great value to buyers, renters, and real estate professionals.

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Flooded Home: Selling or Fixing

It will be incredibly difficult dealing with a flooded home. However, it is important to act quickly to protect your possessions and your financial future. It’s normal to think, “Should we repair it?” Or, would it make more sense to sell it? Let’s dive into the details so you can make an informed decision.

Photo of homes in a community that was flooded
Here we see a flooded home surrounded by others that have experienced damage. | Photo by Rachel Claire

The financial cost of restoring a house after it has been damaged by water is often more important than the emotional toll. Did you have flood insurance? Your insurance may be either through a private carrier or directly through FEMA depending on where your property is on the flood map. What’s the difference? It is evident that there is a difference.

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How to Sell Commercial Properties

One of the most profitable investments in commercial real estate. But you need to know a few things before you buy or sell it. We’ll go over selling a commercial property, from finding a buyer to closing the deal. We’ll also discuss some challenges that can arise during the sale process. Looking to sell commercial properties? Read on for some choice advice.

Photo of commercial real estate stores
Photo by JustPhotof
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Guide to Buying a Property in Louisville from Out of State

Maybe you got a new job in Louisville. Maybe you found the love of your life in Louisville. Or, maybe you just need to change things up a bit, again, in Louisville. To be honest, why you need to move to Louisville doesn’t really matter. What matters is buying a property in Louisville when you’re not familiar with the city. That’s where we come in!

Photo of a real estate agent reviewing the floorplans of a new construction home on a laptop
Photo: energepic
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