Do Your Know Where You Stand with Your Realtor? - 11/26/10 12:26 PM
Every industry has its share of insider knowledge, quirks and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. For people selling their home, there are times when selling without a Realtor® may make sense. The seller pays both sides of the commission and that's no small amount of money. So, a solid argument may be made for a homeowner selling their property without an agent. (Please note, offering a cooperating commission, one side, is almost always a smart choice. Offering no commission to a buyer's agent is a recipe for … (1 comments)

New Tech Opens Homeowners to Theft - 11/23/10 11:49 AM
Isn't all of our new technology fun? Honestly, raise your hand if you thought a few years ago that for the price of a few hundred dollars a person could let his smart phone "listen" to the music on the car stereo and tell him what song it is, who it's by and even purchase and download the song immediately? Amazing! That application is called Shazam and it's free! Wow. What we need to remember is that new tech also comes with danger.
Foursquare might be fun but there's a danger as well. Louisville Home Owners Beware For years, my wife … (2 comments)

Neighborhood Showcase: Saratoga Springs - 11/19/10 05:37 PM

Saratoga Springs, not to be confused with nearby Saratoga Woods, is newer Jefferson County neighborhood with some beautiful homes. You enter this subdivison off Old Heady Road just down from Dove Point. Like both Saratoga Woods and Stone Lakes, Saratoga Springs has custom built homes that start in the low $300s and move up to the mid-to-upper $400s. As of this writing, the neighborhood still has a number of lots available if you would like to build new construction here in Louisville, KY rather than buy an exiting home. Learn More »
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Louisville Cost of Living Bests Nashville, Indianapolis and Cincinnati - 11/17/10 06:12 PM
By most accounts, the chief issue in our most recent elections was the economy, with unemployment lead contributing factor. As of September, Louisville, Kentucky has an unemployment rate of 9.8% which is slightly higher than the national average of 9.6%. Many are worried about where things are headed, as well they should be. For those living in Louisville, let me share some positive information that should help balance out your concerns. Let's take a look and see how Louisville stacks up against other cities in our region of the country that are also close to our population size. The first table … (0 comments)

Kiplinger Says Bellarmine a Top 100 Best College Value - 11/16/10 11:13 AM
Here at Louisville Homes Blog, we love to sing the praises of our city. So it's great to see that Bellarmine (in addition to beating Division 1 school, Xavier in basketball) was ranked in Kiplinger's Top 100 Best Values in Private Colleges for 2010-11. Go Knights!
It should be noted that Bellarmine was the only Louisville school to make this list. They came in at #90. Here is how they ranked the schools. For liberal arts schools, the following Kentucky schools made their list for 2010-11.
#31 Centre College, Danville KY #76 Transylvania University, Lexington KY #82 Berea College, Berea KY … (0 comments)

How to Find the Best Realtor in Louisville - 11/10/10 03:57 PM
 
In the bracket for best Realtor in Louisville, all the teams are winners. In any market, real estate agents are always looking for new clients. That's even more true for our current real estate market as sales are down and many agents are leaving the business. Most Realtors would love to work for you, so how do you choose the best Realtor® for yourself? Here are the top four factors to consider. Or, since we're in basketball country, let's call these the Final Four of Realtor Selection.
1. How Trustworthy Is Your Louisville Realtor? While this can be difficult to … (1 comments)

Housing Market Report: Louisville KY Area 30: October 2010 - 11/04/10 11:15 AM

Shelby County prices are up over the previous year by a good amount and overall sales for the year isn't that different for 2010 than it was for 2009.
Market report for Area 30 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 21: October 2010 - 11/04/10 11:13 AM

Values are flat and on par with the previous year for this area. Home sales have dropped through late Summer into the Fall but when compared to the previous year are about even.
Market report for Area 21 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 20: October 2010 - 11/04/10 11:07 AM

One of the better performing areas, north Oldham County has seen worthwhile improvement in home prices. Sales haven't been stellar but not nearly the drop as neighboring areas.
Market report for Area 20 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 19: October 2010 - 11/04/10 11:04 AM

Both sales and prices have dropped for Spencer County when compared to the previous year. There's not a lot of development in this area to begin with so the downturn stands out even more though affecting fewer persons.
Market report for Area 19 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 11: October 2010 - 11/04/10 11:02 AM

Home prices are actually below previous year levels in Bullitt County. This while sales are down as well. Usually an area can handle one or the other but having both occur is not a good sign at this point.
Market report for Area 11 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 9: October 2010 - 11/04/10 11:00 AM

Year-to-date has shown a dip in values only to return to previous year levels. Homes sold are down but not to the same degree as many Louisville MLS areas.
Market report for Area 9 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 8: October 2010 - 11/04/10 10:58 AM

Area 8 has seen worthwhile improvement in home values over the previous year but as with most other areas, home sales lag behind, albeit not as much as nearby Area 7.
Market report for Area 8 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 7: October 2010 - 11/04/10 10:56 AM

Ever so slight increase in home values over the previous year are matched with abysmal sales numbers. October 2010 may be the worse on in two decades for Area 7.
Market report for Area 7 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 6: October 2010 - 11/04/10 10:54 AM

Home values have actually dropped below their 2009 level for this month. This while sales run consistently around 60% of the previous year's amount.
Market report for Area 6 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 5: October 2010 - 11/04/10 10:52 AM

Values, after a brief bump, have now returned to their 2009 levels for this area, while sales are significantly lower. Number of homes sold trails as well.
Market report for Area 5 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 4: October 2010 - 11/04/10 09:40 AM

September and October have been terrible in Area 4, in terms of the number of homes sold. This coming after marked improvement late Spring and early Summer. Values are only slightly higher than this time last year.
Market report for Area 4 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 3: October 2010 - 11/04/10 09:38 AM

Since June, the number of homes sold has trailed off significantly, as it has throughout this metro area but it's good to see the home price still trending upward.
Market report for Area 3 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 2: October 2010 - 11/04/10 09:35 AM

One of the better performing areas in Louisville, overall transactions for the year are still up over the previous year while the home price trend is up over $10,000.
Market report for Area 2 in Louisville, KY for period ending October 2010.
This report is published Monthly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 1: October 2010 - 11/04/10 09:32 AM

Transactions for this area are much, MUCH lower than last year while value are only slightly higher than at the same point in the previous year.
Market report for Area 1 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Housing Market Report: Louisville KY Area 0: October 2010 - 11/04/10 09:28 AM

Home values dipped in late summer to rebound in October, while sales putt-putt along. Year to date transactions trails behind 2009 as values are about where they were the same time in the previous year.
Market report for Area 0 in Louisville, KY for period ending October 2010.
This report is published Quarterly.
Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.
… (0 comments)

Louisville KY Housing Market Report - October 2010 - 11/03/10 11:48 AM

 
The median home price for Jefferson County, Louisville KY dropped to $131,500 in October. That's down significantly from $137,650 the previous month. This is due to the increase in foreclosures, which drag down averages, as well as, the smaller number of transactions and the seasonal effect.
Speaking of transactions, sold properties are down for the second straight month. What is more troubling is that October 2010 has only 61.7% of October 2009 activity as you can see in the chart above.
It appears that real estate in Louisville will continue to be quite sluggish heading into the new year.
… (0 comments)

Agency Agreements Improve RE Experience for Homebuyers Buyers, Agents - 11/03/10 09:52 AM

Professional business people use contracts everyday so that all the parties involved know what to expect from each person involved. Real estate should be no different. Every industry has its share of insider knowledge, quirks and idiosyncrasies. Louisville real estate is no different. As society grows ever more complex, expertise becomes more and more valuable. For people selling their home, there are times when selling without a Realtor® may make sense. The seller pays both sides of the commission and that's no small amount of money. So, a solid argument may be made for a homeowner selling their property without … (2 comments)