#1 Real Estate Blog in Louisville Kentucky

My Home Is Dropping in Value?

I’m sure you’ve heard the phrase, “Perception is reality”. Take the value of brands, for example. People’s perception of Tylenol as a safe, pain-reducing medicine prior to 1982 was sky-high. It was the world’s top seller, for crying out loud. Then reports surfaced that a woman died from cyanide poisoning from taking Tylenol.

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Homearama 2011 Review: Outside In Living

Homearama is my favorite Louisville real estate event of the year. The only thing better would be a surprise visit from HGTV to re-design a room in my house!

Photo of a street in Norton Commons, home of Homearama 2011
Norton Commons is a great setting for a home show! The people came out in droves to see Louisville’s latest new home designs.
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Louisville a ‘Best Place to Live’ Due to Low Cost of Living

eHow.com put together a list of their five favorite cities for a low cost of living and guess who made the list? Louisville, of course! Here’s what they had to say about our fair city.

Great Louisville homes
Some great neighborhoods cost more than others but Louisville has a large number of bargain-priced homes across the city. (Photo Tre Pryor)
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Horror Stories in Louisville Homes

Most of the time a home sale goes smoothly. The sellers want to sell, the buyers want to buy and a couple of Realtors have helped the process run like a well-oiled machine.

Photo from the movie titled The Money Pit
You surely want to avoid a money pit when buying your next Louisville home. This story will tell you how.

That’s the norm.

Then there are the real estate horror stories.

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Housing Recession Worse than Great Depression

I’m sure we’ve all heard about The Great Depression. It was a horrible time, not only in our nation’s history but throughout the world. Prices went crazy and suffering was the norm. But did you know this, home prices dropped 31% during The Great Depression?

Home for Sale
Homes aren’t selling but that doesn’t mean that some savvy investors couldn’t take advantage of the situation.
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Selling Louisville Homes With Pools: Might Be a Challenge

Some real estate agents believe that selling a Louisville house with a pool acts as a deterrent to at least 50% of home buyers. While some agents may not agree with this percentage, almost all will agree that selling a home with a pool is harder to sell than one without.

Louisville home with an amazing pool
Just because your home has a pool doesn’t mean it’ll be easy to sell. Below are some tips to help Louisville home sellers who have pools. | Photo Tre Pryor
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Louisville Housing Market 7 Year Report, Period End May 2011

May has disappointed me greatly. I had far greater plans in mind only to see them dashed on the rocks.

Louisville Home Sales: 7 Year Monthly Chart for period ending May 2011
Jefferson County home sales for May 2011 were close to 2009 levels, which was a bad year. Oldham County fared better but clearly, the housing market has ground to make up.
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Quick Updates with Bathroom and Kitchen Fixtures Make Big Impact

If you’re thinking about a quick and inexpensive way to update your home, consider kitchen and bath fixtures. Whether you’re selling or remodeling, take a look at your cabinetry hardware. Is it worn or outdated? Consider new satin or polished nickel or oil-rubbed bronze finishes. Simple, sleek contemporary or trans-modern styles are popular at Willis Klein Showrooms in St. Matthews, says Director of Marketing Rebecca Johnson.

Photo of a couple of new faucet styles
Looking for some pizazz? Bright and shiny new faucets might just be what you’re looking for in your Louisville kitchen or bath.
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How ‘Full’ Is the Full Service Real Estate Agent?

There are a myriad of ways to approach a career selling real estate. Many have the perception that it’s a sales job. It is not. It’s a service job. Some don’t understand the difference or are bound by different motivations but in either case, the best Louisville Realtors serve their clients.

Photo of Alfred the butler
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Louisville Home Prices Drop: Sellers Mourn, Buyers Rejoice

The Wall St. Journal doesn’t focus on our local market but the points they make for the country as a whole can be applied to our situation.

Chart of US home price changes from 1 year ago
Home prices continue to drop, in some places far more than others. Kentucky fares worse than Tennessee, and Indiana but better than Ohio.
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So Far This Year and Why Louisville Real Estate Needs to Get on Its Horse!

With the Derby and Preakness behind us, I thought I’d utilize an appropriate theme in the title. Over on the Louisville Homes Blog (now retired), I’ve been writing consistently on reasons why people should be investing in real estate right now. Whether that’s improving their own home or taking advantage of the current market conditions to improve their portfolio, there’s just too much to like about Louisville real estate right now.

Impressionistic painting of a horse race
It’s still too close to Derby time not to use a horse racing analogy.
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