Articles and News about Residential Real Estate
We may not have the same number of first-time Louisville home buyers as we did when the government was offering incentives but there are still many searching for that first house to call home.
The Louisville real estate market is showing great signs of recovery but we are by no means, “out of the woods.”
According to the Greater Louisville Association of Realtors (GLAR), the percentage of houses sold till now (2012) has grown by 15% and it was exceptionally high in the month of August at 26%. Around 8,504 houses were sold by them in August, which is the largest since 2007 when 10,513 houses were sold by them in that same year.
When you are buying a home in Louisville, part of your thinking will be that you want the best deal possible. The key component of that coming to fruition lies in the art of negotiations.
So, let’s come right out and ask. Where do you look to find Louisville homes for sale? Which website works best for you?
There is a direct link between your credit cards and mortgage in Louisville! You believe me, don’t you? And… it does not have to do with using your credit card with a 30% rate of interest to purchase your new home.
The link between your card and your mortgage lies in your credit rating. If your credit is out of whack, you are not going to be able to qualify for a mortgage. If you want to buy a house and get approved for a home loan you need to make sure that your credit card bill payments reflect responsible credit ownership so that the lenders consider you a good risk.
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According to the most recent Talking Points published by the National Association of Realtors (NAR):
If you’re old enough to remember Lifestyles of the Rich and Famous, then the name Robin Leach might mean something to you.
Every homebuyer should take a final walk-through of their soon-to-be new Louisville property before signing the closing papers. This is done to ensure that there has been no new damage to the property. It’s also to ensure that everything that is supposed to be included as part of the transaction is in the home and has not been removed.
Today in Louisville (Jefferson County) there are 3,594 single-family homes for sale on our MLS. 63% of them have basements. 49% of them have more than one story. Let's look…
When you begin showing an interest in real estate and start talking to a few agents you are likely to start receiving mail, email and phone calls from agents working for your business. From open houses to new houses available in your area, each will try to provide something useful in the most attractive method possible.
One of the largest trends in Louisville real estate is green houses. There is no denying that. We might not have the sheer number of green homes that you can find in other cities, but there is a very real push for Louisville green housing.
Retirement can be a wonderful time. The potential is there to relax and enjoy the rest of your life without the rigors and responsibilities of work. But before that happens, you must take a look at all of your options and “get your ducks in a row.”
So… what is the best way to maintain a vacant Louisville home while you are trying to sell it? Leaving a vacant home in Louisville up for sale can be very costly but it doesn’t have to be. You will still have to pay your taxes, mortgage payments, and other expenses. Generally speaking, it is always best to avoid selling a vacant property whenever possible.
Saving for your Louisville dream home should be just like saving for any other big purchase. Start putting money aside each day. Be proactive! Whenever the time comes to start…