Articles and News about Residential Real Estate
With Derby right around the corner, what could possibly be worth the risk of renting your Louisville home to total strangers? How does $20,000 sound? That’s something certain homes will garner when renting your home for Derby.
Generally speaking, I try to focus on the positive. But every once in a while a problem is so great that we can't help but pay attention and then, hopefully,…
Sellers, need some great ideas to help improve your showings? Today we've got 50 of them! Courtesy of the Unique Real Estate blog comes 50 Tips To Get You Started…
The Courier-Journal is reporting that a 7-home, elevated development is being planned for Highway 42. The primary obstacle is the severity of the land's grade. The 4.1-acre wooded site at…
I came across this How to Buy Your First House today. Not all Realtors are the same so finding the right Realtor is key.
The piece includes some common sense and valuable points, such as setting a budget and finding help, but I do have to take issue with the following section:
(more…)1. Hire the dumb guy. The top agents want to make money from the top houses. You’re more of a hassle with your small budget. But the dumb guy? He’s not making as many sales. He wants to work for you (especially if he knows you want to upgrade in a few years and will need someone to sell your house and take you out to find a new house). Yet the greatest reason for hiring the dumb guy? He’ll have the inside story on everything. “He’s made it to where he is through his people skills. Other agents don’t take him as a serious threat; they look at him as a friendly guy. He’s the one to share a beer with. He’ll joke about beating up cops. Other agents tell him anything. Sure, his words might embarrass the heck out of you. Yet your agent could be the one who accidentally took the key to the new house with him on vacation, so no one else could view your prospective house. Other agents will just laugh at his slip. What a silly guy! Then they might give him some hot tips because what’s he gonna do?”
There are a number of factors to consider when buying a second home. Up front and center are the variety of tax implications based on the amount of time you’ll use the property yourself and how much time the property will be rented out. Be sure to check with a CPA on the exact numbers.
Where would you expect to see the largest jump in median home prices? If you guessed Atlantic City, NJ you'd be correct. Scanning CNNMoney's chart, you'll see that the high…
In Steve Leung's piece called Negative Equity: Heartache for Home Owners, he looks at the increasing phenomenon of homeowners being upside-down. Imagine selling your house and still owing money on…
Steve McLinden is a Real Estate Advisor with Bankrate and he feels that '07 is going to be a huge year for buyers of real estate. So for the sellers…
According to a United Van Lines migration study, Kentucky's population is holding steady. Tennessee has been gaining, whereas, Indiana and Ohio are losing population, according to the movers research. Our…