Up to date market info on the Louisville Kentucky real estate homes for sale

Louisville Ky Home Sales This Year

Heidi Fore (Keller Williams Realty Louisville east) — Tue, 03 Apr 2012 23:07:20 -0700

While the Louisville Kentucky real estate market was saved from the large spikes and dips that other markets went through with the housing crisis, anyone trying to sell a house in Louisville in the last year probably had some housing heartaches. People in Kentucky are looking forward to a real estate market upswing.

Sales of Louisville homes were at the peak in 2004, 2005, 2006 and 2007 with over 10,000 Louisville houses selling a year during those years. Then in 2008 the year got off to a very weak start, and by the time spring and summer came, which is when sales usually pick up, the amount of sales did not increase to normal summer sales amounts. Following that by the end of 2009, the number of houses selling each month was merely a quarter of the amount sold in the summer months of 2007. Then the tax credits started encouraging people to buy real estate again, and the sales came back up. In 2010 and 2011 sales were steady. In 2008, 2009, and 2010 approximately 8000 houses sold each year in Louisville. While the market went through highs and lows in number of units sold, the average house price has remained between $157,705 - $167,065 in all years from 2008-2011. Louisville real estate advisors anticipate 2012 will not be remarkably different regarding the number of Louisville Ky houses for sale or the average sale price.

There is good news to be reported also. Louisville has usually been a very affordable place to live in relation to the median income of residents. And the other positive news is that there are always plenty of homes to choose from. On average, about 11% of the houses for sale in Louisville sell each month, leaving 89% still on the market to compete with the other Louisville Ky houses for sale.

To increase the chance of getting an offer, some home sellers are putting in new carpet, fresh paint and new faucets and handles to set their homes apart from the competition for home buyers. In the earlier years when houses sold in a shorter amount of time, buyers were less selective about the condition of the house. They would buy a property with outdated colors or plumbing fixtures and then make the changes later. But with so many homes to choose from now, and houses being on the market longer, buyers expect a home that is move in ready. Most real estate agents agree that updated homes sell faster than similar houses that are not updated. Still, the most influential element is price and competition which fluctuates by neighborhood. If the amount of homes for sale in Louisville is more than demand, price will be affected. Consequently when trying to sell a home in a certain neighborhood, the amount of houses available now and the amount of properties sold in a neighborhood should be researched frequently and changes made to the price of the house as needed. Houses that are priced correctly for the area will sell in any Louisville real estate market.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Should You Buy A Louisville House This Summer In A Buyers' Market?

Heidi Fore (Keller Williams Realty Louisville east) — Sat, 24 Mar 2012 20:44:52 -0700

If you are looking at Louisville homes, find out if it is currently a Buyers Market or Sellers Market. What is the difference between a Buyers's Market and a Sellers' Market? What does that mean for you? While all real estate markets are different, this article specifically answers questions pertaining to the Kentucky real estate market. It is similar to the real estate markets in the surrounding areas of Southern Indiana and Northern Kentucky. However if you are in an area where there is increasing demand currently for housing, and not many houses for sale, you might be in a Sellers' Market. If you are thinking about moving to a mid-sized city, maybe you've thought of buying one of the Louisville homes for sale. Many issues should be considered in the decision to buy a house . There are thousands of houses for sale in Kentucky, and mortgage rates are very low . It could be the right time to buy a Louisville house.

First consider this- How long will you live in the home before you sell your house? How much work are you willing to do to get a good deal? If this is your first time to buy a Louisville Kentucky house, you probably have some questions. You might be wondering how much money you have to put down as a down payment, and how much are closing costs on a house, and how long does it take to get a house from offer day until the day you take possession . For questions like those, the first person to ask about your decision to purchase property should be your real estate professional . Here are some other questions you should ask your agent.

Ask your real estate agent the number of Louisville Ky homes for sale currently and the number that closed last month, then divide to find the number of months of inventory for sale. That number shows you if it is a Buyers' Market or Sellers' real estate market. If greater than six months of supply is on the market it is considered a Buyers' Market. Another thing to remember when you research homes for sale in Kentucky, is the average price and average days on market for the individual neighborhoods. Your agent is a good source to find answers about Northern Kentucky areas such as the Florence Kentucky real estate market. In the Florence Ky real estate community, talk to a Keller Williams Realty agent. Your agent will provide you with advice to help you make informed decisions. Find out who the best real estate agents are for the Northern Kentucky areas so you will have the best advice regarding Fort Thomas homes for sale or Ft Mitchell homes for sale also, and over the Ohio River in Southern Indiana as well, so that you have a total view of the real estate picture on both sides of the river. This is especially helpful if you are looking for Floyds Knobs homes for sale or New Albany Indiana homes or even Jeffersonville Indiana homes for sale too.

If you don't have time to do home work on a Louisville Ky house, you may consider purchasing one of the condos for sale in Kentucky. When you buy a condo you buy a real estate investment without having to work on the outside of the building in most condo developments. Some condos have a neighborhood pool or work out room. When shopping for condos for sale ask about the condo owners association or home owners association fees and master deed and regulations . You may choose to buy in this or that condo community over another due to the COA fee or HOA restrictions for the community . Ask your real estate agent to get the forms for you.

Regardless if it is a condo community or one of the other neighborhoods of Louisville Ky homes for sale, ask about association dues and restrictions. It won't take long to check on the HOA restrictions before you write an offer on one of the Louisville Ky houses for sale.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Improve Your House For A Quicker Sale In The Southern Indiana and Northern Kentucky Real Estate Market

Heidi Fore (Keller Williams Realty Louisville east) — Mon, 12 Mar 2012 21:08:39 -0700

With thousands of Louisville homes for sale, and hundreds more in Southern Indiana and Northern Kentucky, home buyers have their choice of the most move-in-ready houses and condos. In other words, it means home buyers can be choosy in selecting only the most updated houses and condos, where all the remodeling has been done for them, and they can simply bring in their furniture. The positive news for home sellers is that many times updating can be done with little money, and will most times result in a much higher amount in the sales price than if the seller just put the house on the market without updating it. When a buyer sees a property as-is with old brass fixtures and smudged paint, they usually say "Let's keep looking at other houses that don't need as much work" and will offer a very low price. Most often they will look at the house and then not write an offer at all. They'll choose a different house that looks a little nicer. The house will sit on the market longer because home buyers will pass it over for homes that have already been re-done. The more days a house is on the market, the less likely it is to sell for asking price. For anybody out there with Floyds Knobs homes for sale, remember this: houses sell quicker and for higher prices if they are move-in-ready and staged correctly from day one.

For a home to go for for top dollar in this over supplied housing market, the home seller should spend the time to update the house with this year's hottest trends of neutral tones, and the latest style of bathroom faucets and handles, and the most updated light fixtures in all rooms, especially the dining room, kitchen and bathrooms, new carpet in a light color. Even if the home is only ten years old, like some of the newer Louisville Ky homes and Florence Ky real estate areas, trends change so frequently that you really should take a ride to the nearest Home Depot and ask what is the most chosen style that people are putting in homes today.

Here are some more tips for older homes, like the grand older homes of New Albany Indiana and Fort Mitchell Kentucky. On the outside a home seller should repaint the trim on the front of the property and plant colorful flowers to catch the attention of a home buyer driving by. It is also a good idea to have the HVAC cleaned and serviced.

No matter if you have an older house in Fort Thomas Ky or one of the newer New Albany Indiana homes, experts suggest calling a staging expert to decide how the furniture should be arranged, and which items to box up and which items to leave out. Houses appear bigger with less pictures on the walls, and houses look bigger when there is less furniture on the floor. Houses look better with the blinds open to let in more light. If possible, open the blinds to let in sunlight before each showing and have light jazz music playing. If you are able, try to have the house smelling like baked goods such as oatmeal cookies.

Taking the time to do this will pay off. In Southern Indiana only around 8.5% of the over 2000 houses for sale will sell per month. The rest will still be for sale the next month. To make sure your house is one of the ones chosen, call a real estate advisor about updates and staging. The same advice goes for Northern Kentucky where only around 10% of the over 3000 homes for sale will sell each month on average. The average price of a house for sale in the Kenton County- Boone County-Campbell County area of Northern Kentucky was approximately $200,000 at the end of 2011. The price varies by individual neighborhoods and areas such as the Triple Crown neighborhood or the Union area. In closing, it is important to stand out in the crowd of homes for sale in the Florence Ky real estate market, and houses for sale New Albany IN. The best way to sell faster is to do some inexpensive updates that your real estate agent recommends and talk to a staging expert.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Everything You Need To Know Regarding Homes For Sale In The Northern Kentucky Real Estate Market?

Heidi Fore (Keller Williams Realty Louisville east) — Mon, 12 Mar 2012 15:32:13 -0700

Find out where to get the secrets of finding Fort Mitchell homes for sale. There are several factors to keep in mind when choosing a neighborhood to buy a home, such as average days on market, average home price, age of house, tennis club and pool and home owners association.

Many Northern Kentucky realtors have studied negotiation tips to get the best deal for you when you make an offer on one of the homes for sale in Richwood. Another bit of advice to get your house offer accepted is to provide a mortgage preapproval letter with your offer.

If you are attempting to sell a property in Richwood before you buy another home, pay attention to average price of homes within a half mile that sold in the last year. This is the most accurate way to estimate what a home buyer will offer to buy your house.

Because there are many homes for sale in Fort Thomas right now, home sellers need to stand apart from the competition. The best strategy to do that is to update all the paint and carpet and light fixtures in a house before putting the house on the market. Ask a realtor for information on this.

If you are considering selling before buying another home for sale in Ft Mitchell, a good way to find out how long it will be on the market is to ask your Northern Kentucky real estate agent how many similar properties sold in the last month, and how many properties are for sale currently in your neighborhood.

Here is a fantastic piece of advice to find out if you will like living on your potential new street. Before writing an offer on one of the homes for sale in Florence Ky neighborhoods, take a ride down the streets at supper time when neighbors are getting home and ask the neighbors how they like living on the street.

The last tip that you should know before purchasing a home in Northern Kentucky is understanding the customary negotiation process from your agent. Ask a Florence Ky real estate agent how much homes generally sell for compared to the list price. You could end up paying more for a house, or even not getting the house at all, if the seller was offended by the price you offered. Yes, some sellers may accept less than the number they are asking, that is the reason you will need to ask your real estate professional to research the list-price-to-sell-price percentage for the area you like. By staying in a reasonable price range with your first offer, you are more likely to get the house for a a fair price that you feel good about. Good luck in your home search. It is a great time to buy a house in the Florence Kentucky real estate market.

RESOURCE BOX:

Heidi Fore is a real estate agent who helps people find Louisville Kentucky homes for sale.

She works on a team with other Louisville homes specialists called the River Valley Group.

If you are looking for a Louisville Kentucky house, call our experienced professional team of specialists.

Heidi Fore is a licensed Indiana and Kentucky real estate agent with Keller Williams Realty Louisville East 5025549500 and Keller Williams Realty Southern Indiana 8129447024. http://www.rivervalleygroup.com is an information site for Louisville Ky homes.Call 502-554-9400 to find your new Louisville house.

As you are looking for Louisville homes for sale, remember that Southern Indiana neighborhoods are only 10 minutes away. Just across the bridge from Louisville Ky houses for sale you'll find wonderful Jeffersonville Indiana homes for sale. Ask around and you'll find that the Jeffersonville Indiana real estate market is very affordable, especially compared to the Louisville KY homes for sale, and you can't beat the easy commute to downtown. And just north of that you'll find lovely Floyds Knobs homes for sale. Across the other bridge from Louisviille you'll see the New Albany Indiana homes. As you can see, there are many communities nearby, so you don't have to limit your search only to a house in Louisville Ky.

If your home search takes you to Northern Kentucky, across the river from Cincinnati Ohio, our River Valley Group real estate team can help you there too. We have agents who specialize in Florence Kentucky real estate. And actually the Florence Ky real estate market is turning around, so this would be a great time to buy. Our Northern Kentucky real estate office is located in Fort Mitchell Kentucky, so we are experienced in finding Ft Mitchell homes for sale as well. If you need to be closer to Cincinnati Oh, you might ask one of our northern Kentucky realtors about Fort Thomas homes for sale. Ft Thomas is a darling city near the bridge to Cincinnati, an easy commute to downtown.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Advice to sell your house faster (1) Stage furniture (2) Update paint, carpet, lights (3) lights on, music on, cookies out

Heidi Fore (Keller Williams Realty Louisville east) — Fri, 09 Dec 2011 00:47:46 -0800

No matter if you have one of the older Ft Mitchell Ky homes for sale or a new house in Floyds Knobs IN, call a staging professional to decide how the furniture should be arranged, and which items to store and which items to leave out. Rooms look bigger with less on the walls, and they look bigger when there is less stuff on the floor. Houses show better with the blinds open to let in more light. If possible, turn on all the lights before each showing and have light jazz music playing. If you are able, try to have the house smelling like baked goods. With so many Fort Thomas homes for sale, it is crucial that your property stands out from all the houses that the buyer will see that day. In the Florence Kentucky real estate market there are over 300 homes for sale. Keep checking back on this page for more tips on how to sell your home in the Southern Indiana, and Northern Kentucky and Louisville Real Estate market. You will find information on Florence Ky real estate and many other helpful topics. – Heidi Fore, Keller Williams Realty Louisville East 5025549500

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Average home price in Louisville is $152,125 this month

Heidi Fore (Keller Williams Realty Louisville east) — Fri, 09 Dec 2011 00:44:54 -0800

Prices of Louisville Kentucky houses vary by area, so to find our how much the average house price is in your zip code go to this page for up to date Louisville Real Estate prices for every zip code. You can enter your zip code and see the average sales price and asking price of homes in Louisville Kentucky and the surrounding area. According to the average sale price, homes for sale in Southern Indiana are priced less than real estate Louisville Ky. In the Northern Kentucky real estate market, the average sold price of a house is about the same as Louisville Kentucky homes for sale on average.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Waterfront condos and houses for sale on the river near Louisville on the Southern Indiana side

Heidi Fore (Keller Williams Realty Louisville east) — Fri, 09 Dec 2011 00:27:32 -0800

Out of over 10,000 homes for sale in Louisville and Southern Indiana only about 40 of them are on the river. If you can find a house for sale on the river you'll need to make sure you get flood insurance in addition to your home owners property insurance. You'll also want to get a mold inspection before buying a house for sale near a river, creek or lake. And the last piece of advice I have is to check the building restrictions before you start any remodeling projects or building new construction. There are many rules about what you can and can't do to waterfront property. You can see a list of all the available condos for sale and houses for sale on the river in Louisville here. For other questions about Louisville real estate, call 502-554-9400, the River Valley Group at Keller Williams Realty Louisville East.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Southern Indiana real estate market

Heidi Fore (Keller Williams Realty Louisville east) — Fri, 09 Dec 2011 00:23:22 -0800

Home sales are steady in the Southern Indiana real estate market. An analysis of Floyd County, Harrison County, and Clark County Indiana shows 1650 residential houses sold January through October 25, 2011, a number that is nearly the same as the same time last year, in which 1657 homes sold. The average sales price for that area remains steady at approximately $129,900 almost the same as last year. There are currently 1745 houses for sale in Southern Indiana, including a list of homes for sale in Floyds Knobs, all of which can be found on the site http://www.rivervalleygroup.com a real estate information page for specific communities in Kentucky and Indiana. Many of the listings on that site are for homes for sale Jeffersonville Indiana because it is a larger community. Searches can be done by city name for Clarksville Indiana and New Albany Indiana, and Floyds Knobs Indiana. Readers who are looking for information on real estate Jeffersonville Indiana will find a list of houses for sale.

Keep checking back on this page for more tips on how to sell your home in the Southern Indiana, and Northern Kentucky and Louisville Real Estate market. – Heidi Fore, Keller Williams Realty Louisville East 5025549500 and Keller Williams Realty Southern Indiana 8129447024

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

State of the Market in Louisville Kentucky: Real estate prices and number of homes sold is slightly down in 2011 YTD

Heidi Fore (Keller Williams Realty Louisville east) — Wed, 26 Oct 2011 10:51:55 -0700

House prices in Louisville Kentucky in 2011 are down slightly compared to the same dates in 2010. The number of houses and condos sold is also down year to date, which could be because of the 2010 Tax Credits. Here is a graph of the number of homes sold in Louisville Ky over the last 5 years, charted by month:

You are probably clicking around this site because you are researching real estate values in the area. Here is a tip for you that will make your homework easier: To find the number of houses for sale in Louisville Kentucky right now, use the "View Matching Listings" box in the top right corner of http://www.rivervalleygroup.com/ after you choose the area of Louisville, northern Kentucky, Southern Indiana or Cincinnati. For a graph showing how sales are affected each month, see the graph on http://www.HeidiFore.com and scroll down the page. The graph is also available on http://www.HeidiAmshoff.com . For an up to date analysis by zip code of prices in Louisville Ky zip codes, see www.RiverValleyRealtyGroup.com and enter the zip code for which you would like more information.

Those sites will give you tons of information on the Louisville real estate market. Ify ou have any questions after looking at those sites, call 502-554-9400.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Report: Louisville has one of the best housing markets!

Heidi Fore (Keller Williams Realty Louisville east) — Tue, 20 Apr 2010 15:53:25 -0700

Because of its appreciating home prices, affordability rating and a low number of foreclosures, Louisville ranks second just behind Pittsburgh as the top housing market in the United States according to Forbes Magazine online.

The ranking is computed by taking into account the averages of various affordablity rates, median home prices, sales prices in major markets and where home prices are expected to rise. According to the Forbes.com article "Nationally, homes are near the most affordable they've been in 18 years."

In Louisville, the foreclosure rate is only 1.15%, which helped us get our ranking as one of the best housing markets. In our city we have not seen a dramatic market collapse as many major cities have, the home prices have kept pretty steady.

Since Louisville is looking strong on the housing market from, there should be no fear in those who wish to upgrade their homes or those who are wanting to move into the area. With our steady market, people are still buying and homes are still selling.

There are many resources in Louisville to help you find your perfect home and to help you find the best agent to work for you. The Heidi Fore Team at Keller Williams Realty is always availble to help you sell your home or buy your next one! Don't let the housing market scare you- Louisville is still growing!

There are many different Louisville Kentucky homes for sale. If you are looking for Prospect Kentucky homes for sale the Heidi Fore Team can help you find the perfect home. We specialize in helping people find their Louisville Kentucky home. Our team can find the best Louisville Kentucky home for sale for you, just call us!

Email theteam@heidifore.com for a price appreciation graph for the last 5 years.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

My favorite homes for sale in Louisville Kentucky

Heidi Fore (Keller Williams Realty Louisville east) — Fri, 21 Mar 2008 21:10:52 -0700

These are the hottest houses to hit the Louisville real estate market:

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

The Louisville Kentucky real estate market is picking up steam for spring!

Heidi Fore (Keller Williams Realty Louisville east) — Tue, 11 Mar 2008 08:39:36 -0700

I am happy to say that I've seen a definite upturn in the Louisville real estate market over the last two weeks. I think the spring market has begun, even with snow on the ground! Yesterday I got an accepted contract on a house I listed 2 weeks ago - two weeks! That makes 10 contracts we have pending right now, and all of our other 11 listings are getting showings. This is good news for sellers in the Louisville area, it shows that buyers aren't just looking - buyers are buying! Of course, this year will still be a buyers market, but at least the sellers are seeing a light at the end of the winter tunnel. - Heidi Fore, Keller Williams Realty Louisville East

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com

Why is Louisville Kentucky a great place to buy a house?

Heidi Fore (Keller Williams Realty Louisville east) — Mon, 21 Jan 2008 17:51:12 -0800

My top three reasons why Louisville is a great place to buy a house:

1. House prices are super-low compared to the rest of the country.

2. The people here are so friendly, you'll never want to move.

3. Prices have gone up every year for at least 20 years. Our market prices don't have ups and downs.

I love Louisville Kentucky so much, I wrote a book How To Buy A Home in Louisville Kentucky, and I made a 10 minute video of what it's like to live here:

My video, Virtually Living in Louisville, is a ten minute tour of the area to show you what it's like to live here year-round. In these ten minutes you'll see Louisville neighborhoods, places to eat and shop and party, see the downtown area and then ride through the Kentucky rolling hills in the country.

Heidi Fore

Broker Associate, Realtor with the River Valley Group of agents at Keller Williams Realty Louisville East, Keller Williams Realty Southern Indiana, Keller Williams Realty Services

Shop homes for sale in Louisville Kentucky, Southern Indiana and the Northern Kentucky area near Cincinnati on www.RiverValleyGroup.com