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A check of condominium activity in the Louisville area indicates a rise in sales from February of this year by 14%.

At the same time months of inventory levels have dropped by 8%.

Does this suggest a changing tide?

Does this could suggest a market bottoming out?  If you have been waiting for the bottom, you'd better make your move soon.

 


Louisville area Home Sales Up, Months of Inventory Down
Larry Reaves, "Top Producer" (Semonin Realtors)
Recent activity in the Louisville indicates a rise in sales and a decline in months of inventory. Sales has risen about 30% from January with months of inventory levels shrinking by about 20% for the same time period. Does this suggest a change in…
5 Things to do Before Putting Your Home on the Market
Larry Reaves, "Top Producer" (Semonin Realtors)
5 Things to do Before Putting Your Home on the Market 1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to…
Home Inspection Process
Larry Reaves, "Top Producer" (Semonin Realtors)
The home inspection is a critical part of the home buying process. Not only will it uncover any deficiencies your home may have it will also highlight important on going maintenance requirements. The first step is the selection of a licensed…
Listings that don't show well, don't sell
Larry Reaves, "Top Producer" (Semonin Realtors)
I recently took a client to a showing of a property and was very disappointed. The home showed a significant lack of regular maintenance and was dirty beyond description. Don't think that you can just reduce the price and have the buyer do the…
Activity picking up, listings are getting good traffic
Larry Reaves, "Top Producer" (Semonin Realtors)
I have noticed a significant increase in activity. Even though spring is typically more active that the winter months, I expect activity to be strong this spring. There is lots of pent up demand that appears to be starting to break. Pie in the sky?…
Preparing for Home Ownership
Larry Reaves, "Top Producer" (Semonin Realtors)
Preparing for Home Ownership Deceide how much home you can afford. Generally, you can afford a home equal in value to 2 and 3 times your gross salary. Develop a wish list of what you'd likeyour home to have and then prioritize the features…
Update, Proposed Condo Legislation in Kentucky
Larry Reaves, "Top Producer" (Semonin Realtors)
As indicated some time ago legislation has been proposed to strengthen requirements for condominium associations. This will aid in maintaining condominium values as well as increase consumer awareness. Major legislation sponsor Representative Scott…
How green are you?
Larry Reaves, "Top Producer" (Semonin Realtors)
Greenhouse emissions are a significant environmental issue. Are you doing your part? There are changes you can make to reduce the greenhouse emission your household generates. Some are easily done and some not so much. The use of energy saving light…
Mortgage rates and the Fed discount rate
Larry Reaves, "Top Producer" (Semonin Realtors)
Home Mortgage rates are driven to a large extent by supply and demand. The more demand for Mortgages the higher the rate. Recent actions by the Fed to stimulate economic growth by lowering the Discount Rate have helped to improve Wall Street's…
 

Larry Reaves, "Top Producer"

Louisville, KY

More about me…

Semonin Realtors

Address: Louisville, Ky

Cell Phone: (502) 376-9769

Email Me

My goal is to meet and exceed the expectations of my clients. ........................................................ "Winner of the Paul F. Semonin Customer Service Award"


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