Short Sales Can Make You Lose Your Mind
Surely, you don't want to lose your mind. I know I don't. But unfortunately, short sales are a big part of today's real estate landscape. All you can do is…
Articles and News about Residential Real Estate
Top Remodeling Trends for 2011, Louisville Conventions
According to a National Association of Realtors survey, the following are the top remodeling trends for 2011. These aren't specific home improvement projects but more like mindsets and attitudes towards…
New Tech Opens Homeowners to Theft
Isn’t all of our new technology fun? Honestly, raise your hand if you thought a few years ago that for the price of a few hundred dollars a person could let his smartphone “listen” to the music on the car stereo and tell him what song it is, who it’s by and even purchase and download the song immediately? Amazing! That application is called Shazam and it’s free! Wow.
(more…)How to Find the Best Realtor in Louisville
In any market, real estate agents are always looking for new clients. That’s even more true for our current real estate market as sales are down and many agents are leaving the business.
Do Your Know Where You Stand with Your Realtor?
Every industry has its share of insider knowledge, quirks, and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. Why…
Real Estate Investing Opportunities Align for Religious Institutions
I’ve written several pieces recently about how the current real estate market in Louisville is lining up well for certain profiles. The current freeze on foreclosures by some of our nation’s largest lenders has muddied the water for getting your hands on capital. But local lenders like Stockyards and Republic both posted healthy quarterly earnings.
Optimism in New Construction Inches Upward, Louisville Neighborhoods
The National Association of Home Builders charts its members’ outlook towards business in the future. This index is something they use to make decisions on behalf of their membership. News out this month that this index has moved up for the first time in five months.
Freeze on Foreclosures a Mixed Bag, Opportunities and Risks Abound
It’s no secret that the housing market has seen better days, to put it politely. In a typical market, distressed properties account for 7% of all home sales. Some estimate that nationwide, that number is currently around 41%. Louisville real estate is far below both of these.
Real Estate Investors Like Louisville
The Wall St. Journal had a piece earlier this week called 10 Best and Worst Markets for Real Estate Investors. It cites a Local Market Monitor, Inc. that looks to utilize “equilibrium” home prices. These take into consideration what home values should probably be in relation to population, job growth, income, and other factors.
Sell My Home Fast, The 5 Big Keys
As you might have heard, it’s a buyer’s market. Which is great! If you’re a buyer.
10 Reasons To Buy a Louisville Home
Inspired by The Wall St. Journal’s timely and relevant 10 Reasons To Buy a Home, I thought our readers would enjoy hitting the same points but with a hometown flavor. Now we have these reasons to buy a Louisville home.
Home Sales Activity for Louisville vs. Nation
Came across a great resource on real estate stats for Louisville, KY on Realtor.org. Lots to address but today I’ll just look at this first chart on home sales and growth since 2002.
How Much Can I Afford to Spend on a House?
“How much can I afford to spend on a house” is a relevant question that comes into the mind of thousands of homebuyers all over the world. To answer this question, the home affordability calculators offered by multiple lenders play an important role.
Louisville 9th Least Expensive Cities Says Kiplinger
Kiplinger and Forbes have been singing our city’s praises lately. Recently Forbes ranked Louisville 37th in Nation for Housing Recovery. Then Kiplinger named Louisville the regional winner for home price stability. Then, to top it off, Forbes claims Louisville real estate is the 4th most affordable in the nation.
VA Loan Primer
The Department of Veterans Affairs (VA) supports specific home loans. These are called VA Loans and are available to veterans or active duty service members wishing to purchase a home. Since its inception, the VA loan program has helped nearly 18 million veterans and active duty service men and women achieve homeownership.
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