Just last week we published, To Sell or Rent Your Louisville Home, That Is the Question! Today we’re looking at a similar topic just reversed. If you are currently renting your place here in Louisville, KY do the numbers indicate that you should continue to rent or buy a new home?
Real estate, as a topic, is as broad as the Pacific Ocean. From home buyers to home sellers, builders to developers, appraisers to interior designers, real estate is truly multifaceted.
Area 9 is one of the few areas looking to improve upon these past few years. As you can see in this chart, home prices are trending upward and sales are ahead of 2010.
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Although the US economy and the housing market seem to finally be on an upward trend, we are still recovering from what was one of history’s nastiest and most volatile recessions. First-time buyers are still finding it difficult to get a good rate on a mortgage and many people are still struggling to sell their homes.
Because of this, the question arises for sellers; “Should I sell my Louisville home or should I rent it?”
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Given that interest rates, home inventories, and average home prices are all favorably positioned for home buyers, why does the housing market continue to muddle about? One of the bigger reasons is distressed homes.
Wow. Yeah,... just "Wow!" Have you seen this ping pong ball house? Whoa! As cool as this ping pong ball house looks, I bet it's a bear to clean, right?…
I just read a great piece by Dave Kansas over at SmartMoney called, Real Estate: Finally a Good Investment? (Editor: The article has since been removed) where he admitted that while the real estate market as a whole has a lot of problems, buying residential real estate makes sense.
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…
There are so many ways to look at data. One could potentially create charts all day long!
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…
Shakes Run is a beautiful, newer neighborhood off Fisherville Road south of Shelbyville Road. From the same developers, Canfield, as the wonderful East End subdivision Beech Spring Farm. From the…
We all have our perceptions. How could we not? We’re human after all.
It’s long been my perception (and maybe yours) that real estate agents make very good money. After you read this article, you’ll learn the truth of the matter.
(more…)It looks like there won't be a major upswing in home buyers/sellers in the upcoming year. At least that's what the experts are saying. So how can I improve upon…
For the past three years we’ve published the Remodeling Cost vs. Value data for Louisville remodeling projects. For reference, I’ll link them up for you here.
If there’s one thing our society creates now more than ever, it’s data. They don’t call it the Information Age for nothing. As you would expect, real estate data, is no different.
