Downtown Louisville Residential developments – Fleur De Lis - 02/29/08 07:08 AM
Currently under construction, but starting to take shape is the mixed use development brought to us by the same company that designed the Preston Point point.  Learn more at Potter and Associates website.
Fleur de Lis Condos This $22.5 million project will be a new 5-story building with 74 condominiums and retail space. Preserving the historic Brinly-Hardy site's appearance, the design includes two interior courtyards.Located across the street from Slugger Field, this project is part of $150 million in new investment as a result of the popular ballpark and newly revitalized East Market Street arts district.
If you have not taken a drive … (0 comments)

Downtown Louisville Residential developments – Mercantile Gallery Lofts - 02/28/08 07:25 PM
Mercantile Gallery Lofts This $10 million adaptive reuse project will convert two historic buildings and add a new building, into 47 condominiums and retail space.Located at 301-311 E. Market Street, this location has moved from being a diamond in the rough to a an up-and-coming revitalized hotspot, due to the recent investments in Waterfront Park and Slugger Field.Mercantile Gallery Lofts includes 56 parking spaces in an adjoining garage. Find out more.
www.louisvilleky.gov/DowntownDevelopment/Downtown+Projects.htm
… (0 comments)

Downtown Louisville Residential developments – The Henry Clay - 02/28/08 06:08 AM
It is wonderful that someone finally took the Henry Clay building and brought it back.  I have friends who live there now and have been to several events held there.  Pandora Productions www.pandoraprods.org , a wonderful local theater company, is now located at the Bunbury Theatre http://www.bunburytheatre.org/ , on the third floor of the Henry Clay.  It used to be the old gymnasium.
Henry ClayLocated at the southwest corner of Third and Chestnut Streets, this $20 million rehabilitation of the former Henry Clay Hotel and YWCA assures saving one of the city's most noticeable and historic buildings.The lower floors will house commercial and event … (1 comments)

Downtown Louisville Residential developments – Gallery Square - 02/27/08 09:41 PM
The first development is Gallery Square.  I have not yet seen the finished product, but I have seen other work by the developer; his own home.  Very clean and industrial. If you enjoy the Downtown Trolley Hop of the East Market Gallery District and convenience to great restaurants, both downtown and the Highlands, you will also love the location. The following information is from the Louisville Metro Government Downtown Development site.
Gallery Square Lofts
The $4 million, 21-unit condominium project directly adjacent to Liberty Green is the newest housing project to come online in downtown Louisville.
Located at the northwest corner of Clay … (0 comments)

Downtown Louisville Residential developments – First in a Series. - 02/27/08 09:33 PM
In the last few years, downtown Louisville has exploded with residential development.  In the next several blog posts I will be giving marketing information about each development as detailed in the Louisville Metro Government Downtown Development website.  Also included with be any website links to provide more information.
If you are currently living downtown or have personal or professional connection to a downtown development, post a comment or email me with new details or updates about your community.
… (0 comments)

Louisville Auto Show - 02/25/08 08:54 AM
OK, it is not realty related, but did anyone go to the Auto Show in Louisville this weekend?  What did you think?  I spoke to a friend that is a managing broker for his company.  He was going as he does every year.  He expected that as a free show and sale, as it was billed in the past, he was going to have to deal with sales people almost as if he were in a showroom.  This year he said he expects to be able to climb all over everything with out being hounded by a salesperson.  For the first time … (0 comments)

Area Sales in January - 02/25/08 08:34 AM
The national and local headlines continue to give us all kinds of information about the housing market.  I thought I would pull some information from the Greater Louisville Association of Realtors Multiple Listing Service (GLAR MLS).  These numbers represent homes that were listed through a Realtor for the month of January/2007 compared with this past January.  With regard to months of inventory, 6 months or less is generally considered a seller's market.  Over 6 months of inventory is considered a buyer's market.   
January 2007
Sales: 866  Avg List$: 160,792  Avg Sale$: 155,235  Avg Days on Mkt: 92  Inv: 7306 homes
Months of inv: … (1 comments)

Ah, Lent. What's a good Catholic to do for lunch on Friday. - 02/22/08 01:29 PM
I was out today with a Catholic friend who is observing Lent and abstains from meat on Fridays.  We were in the neighborhood and looking for a place to get a good fish sandwich when I remembered that my computer guru Dan from Access Technologies (http://www.iscbmm.net) told me about JoJo's on Bardstown Road at Lancashire Avenue. 
It was just what we were looking for: clean and bright with a delightfully cheerful staff starting with Dot, who greeted us and helped us place our order by pointing out the specials. The special was a cod sandwich on your choice of bread with … (0 comments)

Open house Sunday from 2-4 40204 - 02/22/08 09:16 AM
Below is full description of the home I will be featuring LIVE SUNDAY 2-4.  Come down and meet me and Jay Jackson from Safe At Home, Home Inspections. http://www.safeathomeinspectionsllc.com/. As you can read below the home is nearly new from the inside out and has an additional lot.  Hard to find in the area.  This is my neighborhood.  Come down and look around.  If this isn't the one for you, I will find the right home for you.
LOOK AT THAT KITCHEN!
This is a fabulous home! The owners have done a wonderful job of bringing out the best in this stately camelback. … (0 comments)

What is an ABR and why do you need me? - 02/21/08 08:22 AM
What is an ABR and why do you need me?
For some who might read my blog regularly, I don't want to come off like I don't want to help people with general information.  I am a wealth of information and I feel that you have to be fully informed if you are going to make a good buying decision.  Like most people, I just want to be compensated for what I bring to the table. 
One of those things is the ABR designation.  What is an ABR you ask?
The ABR designation stands for Accredited Buyer Representative -- it is the benchmark of … (0 comments)

Passing my Broker's Exam - 02/20/08 03:17 PM
I was looking over my blog posts and realized that I had blogged about studying for the broker's exam, but never posted that I actually passed.  I know all my information now indicates that I am a Broker/ Associate, but I never told you, my fellow bloggers, that I passed.  I sent out email to some friends in the office.  It means more to me than it does does for the people I work with or for.  Half think it is a waist of time and the other are worried that I am going to leave. No plans righ now, but I … (0 comments)

Networking for my clients - 02/20/08 01:53 PM
Networking events, for anyone who attends them, are a great way to get yourself and your name in front of a large group and have fun doing it.  For me it is a little more than that. I do it for my clients as much as myself.
As a Real Estate professional, I am the person my clients can call for anything home related.  When they need a contact for adding a room or finishing a basement, I just say "sell that house and buy a new one!"  Just kidding.  I usually have a name or number for someone who can do … (0 comments)

Big Talk on Small Business - 02/20/08 06:24 AM
This morning I will be participating in a live remote broadcast of ‘Big Talk on Small Business', a radio show on WKJK 1080 A.M.  The hosts are a father/daughter team that do the show every weekday from 9-Noon.  To me that is incredible.  That is a lot of show to do every week. Of course there is a lot to running a small business and they are devoted to the issues and the people.  I hope to be on the air between 9 and 10 am today.
For all the people that read my blog, I hope you saw this before … (2 comments)

What do buyers think of FSBOs: Bargin or Hassle? - 02/19/08 07:14 AM
I was speaking to a colleague in my office about a home he had just listed.  It had been a FSBO for about 4 months with little traffic.  He convinced them to list.  In less than a week with a list price significantly higher, they had several showing requests and an offer. They will net about the same if they had sold for full price as a FSBO.
I know that exposing a home to more buyers will surely bring a higher price, but was the lack of exposure or are consumers more cautious of FSBOs.  It has been my experience that … (0 comments)

Carbon monoxide Information - 02/18/08 02:42 PM
Unlike clients that buy and sell every 2 to 7 years or so, I'm dealing with the market and real estate related news and information everyday.  When my clients ask about the inspection, I give them a list of the various inspections I recommend. Their reaction is usually one of shock; "A whole page of recommended inspections?"  Of course they may not all be applicable, but isn't saving time and money one of the reasons why you hire competent representation?   If you haven't purchased a home in several years or are coming from a different market, there are issues that … (0 comments)

Brokers Exam - 02/15/08 02:29 PM
Not many folks know that I am trying to get my brokers license. My test is tomorrow.  My instructor has me scared to death. I took the class in just 2 weekends.My instructor called it drinking from a firehose. I was able to reschedule my test for Saturday instead of next week.  So now I am craming. I have been studying all day so I'm blogging as a study break. Just me and the dog, Toby. If Rich Casto sees this, I'm in trouble!
… (0 comments)

Curb Appeal - 02/15/08 02:13 PM
I get a lot of inquiries about what kinds of things should  I be doing to my home to get it ready to sell.  What I am reading lately indicates that although it has always been near the top of the list, your Curb Appeal is very important right now.  In a buyer's market, with more houses on the market, you don't have a chance to sell them if you can't get them in the door.  Money and efforts put toward the exterior of your home could net you a better return than some other expenditures.  One thing that is always … (0 comments)

Market view from my office window. - 02/13/08 09:07 AM
The national headlines maybe talking gloom and doom, but my office stats and our market in general tell a different story.  There are a lot of properties that have been listed for several months are now pending.  We are seeing a lot of pendings.  That is encouraging.  There seem to be conflicting reports about how things are going to go down this year.  Optimists are saying that this is going to be a good year and the market Bears are saying that it could be 2009-10. I think we need to seperate the home market from the money market.  It appears that buyers are … (0 comments)

Diversity - 02/11/08 01:40 PM
I love this business and sometimes wonder if all the people involved are aware of how much power we have to affect peoples live and our communities.  It is a responsibility that should be consider with every transaction.  In our business there is so much to learn.  I have just finished the broker law class.  What a fascinating group.  There were 18 other people in the class including our facilitator.  There were folks from all over Kentucky and around the area.  For such a large group, I think there were only about 5 residential realtors looking to take it to the next … (0 comments)

Broker Law - 02/11/08 01:15 PM
Friday, Saturday and Sunday, 8 hours a day for two consecutive weekends; grueling!  "Drinking from a fire hose" as my instructor puts it. But the law class is not only required for the broker exam and license, it is a way to be more aware of what I can and can not do when my client is in a situation that requires more.   Awareness doesn't mean practicing law with out a license. It does mean knowing when your client should consult an attorney and when the laws on the books can shed light on a situation and save a deal, all … (0 comments)

 
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Ton A. Ali, Realtor - Broker ABR, Eco Broker Certified

Louisville, KY

More about me…

CORNERSTONE GROUP REALTORS

Address: 909 E. Market Street, Suite 200, Louisville, KY, 40206

Office Phone: (502) 414-1446

Cell Phone: (502) 386-6244

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A not quite daily chronicle of my life as a Realtor and a person.


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