Greater Louisville Real Estate Blog

Kentucky Derby Festival Events

Kentucky Derby Festival Events

 

The Kentucky Derby festival stretches "the most exciting two minutes in sports" into a month-long party! Celebrating Spring and the Kentucky Derby with fun and exciting events including Thunder over Louisville, a marathon, Hot-Air Balloon events, The Great Steamboat Race, and the Pegasus Parade. This past weekend kicked off the festival with the Fillies Derby Ball, and the upcoming weekend is packed with some of the most popular events of the festival. Here is a little run down of what to expect and when.

April 19-29: Stock Yards Bank $1 Million Dollar Hole-In-One Golf Contest at Seneca Golf Course Driving Range

April 21: Thunder over Louisville is one of the largest annual fireworks show in the country and features one of the nation’s top air shows. Entertainment begins at 11:00am and lasts all day and night. Enjoy the Thunder FoodFest, Interactive Display Area, or one of the many Kid’s Play Areas.

April 26-28: U.S. Bank Great Balloon Fest is recognized as the “Best Event” according to Louisville Magazine. The Balloon Charity Race begins at 7:00AM April 26 on Bowman Field. The Balloon Glimmer begins at 8:30PM. This is a “mini-glow” which kicks off the ballooning weekend. The Rush House Race is on April 27 at 7:00AM and is one of the most beloved family traditions. The Balloon Glow gates open at 6:00PM April 27th. Finally, the Great Balloon Race is April 28th at 7:00AM.

April 26- May 4: Chow Wagon will return to the Waterfront on the Ohio River and will features live concerts with local and regional entertainment. Musical genres include jazz, R&B, country, rock, and blues.  Open 11:00AM-11:00PM Daily, and 12:00PM-10:00PM Sunday. Enjoy lunch, or...

Transitioning from Renting to Owning a Home

Transitioning from Renting to Owning a Home

Making the change from renting to owning can be daunting, overwhelming, and confusing, but a responsible realtor and a trusted mortgage broker can ease your worries and explain earnest payments, escrow, and amortization in the month (give or take) leading to close. Figuring out the logistics had my head spinning and the unknown was the most frustrating part, however, there are a few things to know that can help plan your move.

It typically takes 30-45 days to close on a home.

Hooray! You found the home of your dreams, the seller accepted your offer, and you’re poppin’ the bottle of bubbles. The closing period is agreed upon once you go under contract, and it can be delayed if something like a failed home inspection occurs, but you can generally plan around this average: 30-45 days from the date of an agreed contract and the closing.

Mortgage Payments are collected in arrears, giving a renter a significant grace period between payments. 

Let’s assume your rent is due on the first of the month. You are paying rent on January 1st in advance to live in your place for the month of January. Mortgage payments are collected in arrears meaning you are paying for the month of January on February 1st.In fact, your first mortgage payment won’t be due until a full month after the last day of the month in which you close. Say you close mid- January, your first mortgage payment is due March 1st.

Timing Your Lease-End

There are several variables and multiple parties involved in purchasing a home so it needs to be stated that there are no guarantees, but the previous information should give you some breathing room and allow you to take the leap and hope for the...

Spring Real Estate Market

Spring Real Estate Market

The Louisville Real estate market is still strong despite lower inventory than last year. Home values are increasing, sales are growing, and distressed sales (foreclosures and short sales) are decreasing. Buyer demand continues to grow and is forecasted to spike in Spring.

Here are some thoughts and comments from the industry experts:

GLAR President Dave Parks noted that, "The local market is still strong despite the fact that the current inventory of homes for sale is roughly 30% compared to 10 years ago. There is very strong competition for starter and move-up homes, and more normal levels of inventory for higher end homes."

Lawrence Yun, Chief Economist of the National Association of Realtors® commented that, "strong job growth assures at least three interest rate hikes by the Federal Reserve in 2018." He continued by saying that in order for home prices to moderate, more home construction is needed. "Job openings in the construction industry remain at historic heights. It is now a matter of providing necessary skills to go into the industry."

Robert Dietz, Chief Economist of the National Association of Home Builders, reported that he is concerned with sluggish permit activity nationally. "The weak permit numbers indicate that builders may be hesitant to start projects as they contend with rising material prices and labor shortages."

If you’re thinking of selling, now is the time. Demand for your house will be strong which could lead to a quick sale and top market dollar. If you’re considering buying, we recommend getting pre-approved by a lender and have proof of funds ready. Choosing the right realtor is important as a buyer or a seller as you need a dedicated agent that will advocate on your behalf and go the extra mile. We make it a priority to educate our clients throughout the entire...

Parks to Visit this Spring

Top Parks to Visit this Spring

 

The sun is finally shining in Kentucky, and your kiddos might be begging to get outside and soak up the fresh air. Studies show fresh air can boost your immune system; clear your lungs, improve digestion, boost your energy, and brighten your mood. Luckily, the Louisville Parks and Recreation Department has many ways for you to enjoy the outdoors with your friends and family. Louisville Parks and Rec boasts 12,000 acres, 120 parks, 70 miles of hiking trails, and 60 miles of paved trails!

My very favorite park in Louisville, is Long Run Park on Flat Rock Rd. This property has been a family favorite for decades and when you visit, you’ll understand why. There is something for everyone and for every season. You can enjoy the basketball courts, biking trails, picnic shelters, and playground year round. In the warmer months, enjoy the golf course, fishing, boat ramps, tennis courts, and volleyball courts. There is even a new spray ground that the younger crowd will love! I have fond memories of taking a Sunday drive with a packed picnic dinner and spending hours here soaking in family quality time.

Another favorite playgrounds is in Crescent Hill Park. When the weather warms up, your family will enjoy the splash pad, swimming, and golf course.

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Open House in Wolf Pen Springs

Open House in Wolf Pen Springs

9501 Wolfpen Springs Dr Louisville, KY 40059

Open House: Sunday, March 4, 2018 2:00-4:00PM

Immaculate Beautiful Custom built home with a $15K new roof in 2016! Double oven, wine fridge and granite in the kitchen. First floor Master bedroom and Laundry. Gorgeous Murphy bed upstairs in the loft area with built-in office desk and a sitting area. With custom stairs from the 3 car garage to the basement workshop the entire layout makes this a very well designed and comfortable home. Basement has extra high ceilings and is already plumbed for a Full Bath. Plantation shutters, Pella Windows as well as Piping already in place for Central Vac unit. Very nice screened porch off the kitchen, that walks out onto a patio. Two Zone Heating and cooling system.

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Get Your Home Ready for Spring in 9 Easy Steps

Get Your Home Ready for Spring in 9 Easy Steps

 

  1. Clean your gutters! Clean them from debris with your hands, and then run a garden hose to wash them clean. Ensure the down spouts drain away from the foundation to prevent water leaks in the basement or crawl space. We have had record amounts of rain lately so this should be a priority to avoid flooding in your home.
  2. Inspect the concrete. Look for signs of cracks or movement. All exterior slabs should drain away from the home. Fill cracks with a concrete crack filler or silicone caulk. When weather permits, power-wash and then seal the concrete.
  3. Scrub the Walls! In your home, scrubs walls, baseboards, and outlet covers. Simply use mild soap and water, especially in the bathroom and kitchen when mildew or grease can build up.
  4. Replace Filters. Replace the water, range hood, and air vent filters. Don’t forget the water filter in the fridge too if you have an icemaker. While you’re maintaining the utilities, test your smoke alarms and replace batteries as needed.
  5. Wash Exterior Windows. This will not only help your home sparkle and shine, it will allow more sunlight to pour in, brightening your home and help lift you out of the winter blues.
  6. Declutter your home. Spring is the perfect time to clear unused items and clutter from your home. Donate your items to recycle them, and then enjoy the extra space. Clutter has been proven to increase levels of stress so breathe a sigh of relief once you tackle this task.
  7. Give the Walls a Makeover or coat of fresh paint. Try a lighter shade of paint or a pattern of wallpaper that is easy on the eye.
  8. Clean your outdoor furniture....

Indoor Family Fun in Louisville

Indoor Family Fun

Is Cabin Fever getting the best of you? Don’t stay home to avoid the cold, snow, or rain! There are plenty of fun INDOOR things to do in Louisville with your family. You may even be surprised by the amount of free things to do. If you have younger children like me, they will love making new memories and experiences with you.

 

Story time at the Library: We try to visit the library weekly for story time as these are kid-friendly FREE events. Day and time varies by location so check out the Louisville Public Library website for the Events Calendar. Some of the libraries offer play spaces, and the kids always learn a new song or skill during our visits. In addition to learning, they’re able to socialize with other kiddos their age so it’s a win-win.

 

Trampoline Park: Another favorite activity of ours is jumping at the trampoline park because there are some days where the girl’s energy is never ending. This is a sure way of getting the wiggles out, and a guaranteed nap ;) There are three in our area: House of Boom, Altitude Trampoline Park, and SkyZone.  If you have kiddos younger than school age, I highly suggest jumping during Toddler Time to keep them safe from bigger kids, and you’ll be pleasantly surprised by how empty the facilities are. My girls love when there are only a few other families there because they can just bounce around without a care in the world.  

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Open House in Prospect, KY

Open House in Prospect, KY

3005 Glenhill Ct Prospect, KY 40059

Open House: Sunday, January 28, 2017 2:00-4:00PM

Price: $1,150,000

Neighborhood: HillCrest (Oldham County School District)

6 Bedrooms, 6.5 Baths

Tour this beautiful home Sunday and fall in love at the circular driveway and landscaped lawn through the double front doors with Palladium window to an open floor plan. You will be amazed by the precision to detail given to the intricate details in the double trey ceilings, wainscoting, extra wide dentil and crown molding, hardwood flooring, custom designed cabinetry and trim throughout the home. Hardwood flooring leads you to the great room where you will find an abundance of sunlight through the double hung wall of windows. You will enjoy many hours of relaxation in front of the fireplace that boasts custom built bookshelves and cabinets on each side. You will love celebrating holidays in the festive ambience of the formal dining room with its glass inset for a side table, wainscoting, recessed lighting, ceiling to floor bay windows, and double trey ceilings. Wait until you see the kitchen where the heart of the home is located. The massive kitchen is a chef's delight. Picture friends sitting around the wrap around breakfast bar visiting as you prepare meals or they can sit in the hearth room in front of the fireplace that has a custom designed built-in entertainment center. Multiple Corinne countertops, variegated cabinets, stainless-steel appliances with double oven and island boasts the room's amenities along with bay windows. A back staircase will...

Open House in Lake Forest

Open House in Lake Forest

505 Oak Branch Rd Louisville, KY 40245

Open House: Sunday January 28th, 2018 2:00-4:00PM

Price: $425,000

Bedrooms: 4    Bathrooms: 3.5

School District: Jefferson County

Tour this beautiful Lake Forest home with in-ground pool! This home features a formal living room (currently used as a home office), dining room, large kitchen which flows to the family room with a beautiful fireplace. Both the kitchen and family room overlook the backyard complete with a gunite pool which features a slide, spa, and diving board. The second floor offers a large master suite, oversized master bath, 3 additional bedrooms, another full bath and Laundry room. The lower level has a large family room, office, or possible 5th bedroom complete with a full bath. There is plenty of storage as well. This home has an irrigation system, security system, and landscape lighting. The Lake Forest community has a clubhouse, lakes, jogging paths, tennis courts and an Arnold Palmer designed 18-hole golf course. Come to the open house Sunday, or call to schedule a private showing.

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2018 Home Trends

2018 Home Decor Trends

With the new year, are you drafting your home renovation list, and considering an update to some of your decor? I've gathered the top home decor trends for 2018 if you're looking for new inspiration or want to get a glimpse of what you'll see in the home market this year.

1. Color in Kitchens - White and neutrals will always be classic kitchen colors, but we’re seeing warm wood tones like mahogany and rich blues more and more. Home-owners are starting to really take risks with color, even choosing bright appliances or wood-front refrigerators. New Construction is favoring copper, rose gold, and brass fixtures over brushed nickel and bronze.

Image of warm, earth tones in living room

2. Rich, warm colors throughout the home - Warm grays paired with “camel, rust, tobacco, and brown-blacks” are expected to edge out cooler neutrals this year. These are color combinations that are expected to last; they won’t date quickly.

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Open House in The Highlands

Open House in The Highlands

You're invited to view this beautiful home Sunday, January 7th 2:00pm-4:00pm

2216 Brighton Dr Louisville, KY 40205

Wonderful Highlands property located in the desirable City of Wellington! The formal front entry offers 2 closets with the living room and formal dining room on each side. The living room is inviting and spacious with charming built-ins. The all season sunroom is adjacent to the living room which is currently used as a playroom. The kitchen is equipped with updated stainless appliances and gives access to the new rear patio and fully fenced flat backyard, perfect for entertaining! The half bathroom completes the first floor. The second floor offers 3 spacious bedrooms, each with good sized closets. The second floor is completed by the full bathroom and a large linen closet in the hallway. You will find hardwood flooring throughout the home with the exception of the kitchen, baths and the all season sunroom. The basement is perfect for a family room or office and also houses the laundry and unfinished storage space. The property has thermal replacement windows as well as a security system.

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Open House in Rock Springs

Open House in Rock Springs

Come check out this spacious home this Saturday, Dec. 30 1:00-5:00PM

5402 River Rock Dr Louisville, KY 40241

New Brick/Stone 1.5 story home with 5 bedrooms, 3.5 baths and over 3700 square feet of living in Rock Springs. Eat-in Kitchen with plenty of custom cabinets, large pantry with center island for additional seating all adjacent to the great room with cozy fireplace. Formal dining room is perfect for small and large dinner parties. Owners suite features a large walk-in closet and private bath with double bowl vanity, soaking tub and tiled shower. Mud room and laundry are located off the 3-car garage. Three spacious bedrooms with a shared bath finish the upper level. The unfinished lower level offers room for future expansion with a rec room, roughed for full bath and a office. $1500 buyer credit to use towards closing costs, appliance or upgrades with accepted contract before 12/31/17

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Our Favorite Catering Services in Louisville

Our Favorite Catering Services in Louisville

One of the best characteristics of Louisville is the heritage of hospitality. Many of us grew up hosting and making memories around the dinner table, and while I still enjoy cooking and baking from scratch, I like to have the option of help when life gets hectic. Whether you have a work party or you’re filling your home with friends and family, it’s nice to offer homemade cookin’ you’re proud of.

Here are just a few places that excel in catering if you’d prefer to let someone else take care of the baking and cooking:

Heitzman’s Bakery and Deli will surely have your guests drooling over their Yeast and butter rolls and seasonal cookies and cakes. My favorite is their Triple Chocolate Cake: 3 layers of brownie cake filled with fudge icing and topped with chocolate chips. This incredible bakery doesn’t stop with the sweets and treats though. They have a full-service catering business that has been running for over 120 years! They think of everything so you can focus on your guests.

Paul’s Fruit Market provides (fresh, made to order) trays, Boars...

Open House in Indian Hills

Open House This Sunday in Indian Hills

December 10, 2017 2:00 - 4:00 PM

1407 Northwind Rd Louisville, KY 40207

Don't miss the Open House of this beautiful home in a fabulous neighborhood! The move-in condition home offers a brand new roof as well as an updated kitchen. The open floor plan of the first floor leads to a covered porch overlooking huge yard with recent landscaping. 4 bedrooms, 3.5 baths and additional office. The basement even features a theatre room! Light and bright. Whole house generator and irrigation system. Wonderful terraced areas with beautiful retaining walls. Attached 2 car garage with easy entry into kitchen, and a circular driveway. If you'd like to schedule a private showing, please call me.

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Open House in St. Matthews

Open House in St. Matthews

This Sunday, December 10th 2:00-4:00 PM

3921 Grandview Ave Louisville, KY 40207

Great curb appeal, Charming, and full of character, this 4 bedroom, 3 full bath home is updated and ready for you. Sellers had a complete renovation of the first floor bedroom/bath done upon purchase, and the result is a large first floor retreat with all the space and finishes one could ask for, complete with large walk-in closet. 9-10ft ceilings are present throughout, and the dining room has a built-in china cabinet, window seat, and a classic fireplace/mantle. (Also note the thick baseboards and door trim throughout the first floor.) Your kitchen is well appointed with stainless steel appliances and a built- in bar, and leads to either a second first floor full bath or a rear mud room/back foyer space. Upstairs you will find 3 very large bedrooms (no knee walls here!), and a large bathroom complete with separate tub and shower. From your large front porch, you can see the St. Matthews library just a few houses away. From the back deck and large yard you are only 3 blocks from Shelbyville Rd and all the wonderful shops/bars/restaurants it offers. There is also basement space for future use, a 2 car detached garage with additional parking beside it for 3 more cars, and mature trees and bushes to make your backyard a private space.

Call to set up a private showing.

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Louisville Real Estate Trend

The Louisville Real Estate market is still strong, and Team Louisville is knowledgable on the current market value and the current market trends.

The Greater Louisville Association of Realtors is reporting home sales Up 2.3%, and Average Price +5% over last year.

GLAR President, Dave Parks, explains "While there appears to be some seasonal slowing, the overall market is extremely strong and there remains a shortage of inventory in the moderate price ranges. The demand is strongest for properties in move-in condition, priced at or near the market value when they are initially listed for sale."

In October, the average number of days Louisville homes were on the market was 57. We are still seeing a shorter turn around between listing and closing than in years past. Inventory is down almost 10% compared to last year which is good for sellers of starter homes in particular.

If you are considering purchasing or selling your home, please give us a call, and we can discuss your unique situation.

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Open House in Anchorage Pointe

Open House in Anchorage

10 Anchorage Pointe Anchorage, KY 40223

Sunday, Nov. 5   2:00-4:00PM

ANCHORAGE SCHOOLS!! This beautiful extensively updated 5 BR brick 2-story with finished basement tucked near the back of peaceful Anchorage Pointe is sure to please! The mature landscaping and abundance of trees on 1/2+acre lot creates a peaceful setting from the front porch, the back patio, and the 3 season sunroom. NEW hardwoods on the main floor, NEW kitchen countertops, NEW appliances, COMPLETE REMODEL of the master bath, NEW paint throughout the entire interior and exterior, NEW carpet throughout finished lower level...pier lifts on the front porch added for superior structural support. This 5-bedroom home is truly MOVE-IN READY! Why spend tens of thousands more in private schools when you can INVEST IN YOUR HOME and the ANCHORAGE COMMUNITY for so much less? #1 Public School in KY!!

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Open House in Greenridge Estates

Open House Sunday, Nov. 5

Greenridge Estates: 9606 Brooks Bend Rd.

Sunday, 11/5 2-4pm

A fantastic 3 bedroom 2 bathroom split ranch home with a full finished basement, a rare find! Step inside to a bright open floor plan with vaulted ceilings. The eat-in kitchen has an abundance of cabinetry and direct access to the 2 car garage. The spacious living room is the heart of the home, with access to the back deck and above ground pool, perfect for entertaining. The master suite, offers a private full bathroom and large walk-in closet. Finishing off the main level are two more bedrooms and a bathroom conveniently located between the secondary rooms. The fully finished basement boast of a large family room, gaming areas, a bonus room, and storage/laundry room.

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Selling Your Home in the Fall

Selling Your Home in the Fall

If you’re entering the market this fall, you should know this is a great time to sell. Though the market is not as hot as the spring months, the fall is the second best season and currently, inventory is low.

There are several things you can do to improve your chances of selling quickly:

Curb Appeal is important year round, but should be prioritized during autumn months. While the weather cooperates, keep up with mowing and edging; water your lawn so it remains green. Dry and dead patches suggest the homeowner does not take care of their yard, and therefore may not take care of the home.  This is certainly not the impression you want to make. You can purchase quick-grow grass repair kits at any major home improvement store.

Trees are a nice feature, but you don't want to advertise the maintenance that comes with them. Rake dead leaves from the lawn and make sure the entry paths are clear.

Cut down summer vines and dead flowers, and replace with autumn flowers or accent with potted plants and pumpkins. Daisies, Calendula, Mums, and Tulips are nice options if you’d like to add a pop of color. Don’t forget to refresh the mulch beds by laying bulk mulch over existing beds.

Once your yard has been updated, take a look at your home’s exterior. You may need to touch up exterior paint, garage doors, windows, or your roof. The first thing potential buyers touch is the front door so you want to ensure you make a great first impression. If your door is outdated, consider updating with high quality hardware and a fresh coat of paint.  Ensure your windows are clean and caulked. Consider replacing fogged or broken seals as this will come up during inspection so you might as well get ahead of it.

The Interior of your home should shine just as bright as the exterior. Fresh paint, clean carpet and wood floors, updated kitchen and bath fixtures, and hardware help to sell your...

Local Farms and Orchards to Enjoy this Fall

Looking to start fall family traditions or explore local farms with friends? You will find a number of farms and orchards close to Louisville for you to enjoy hay rides, pumpkin patches, and fresh cider. Here is a list of our favorites to enjoy this Fall:

Southern Indiana

Joe Huber's Farm - Enjoy pumpkin picking, a delicious restaurant, and festivals during the weekends with music and fun for the kids.

Huber's Orchard and Winery - The largest farm in southern Indiana, established in 1843, offers over 600 acres to explore. Each member in your household will love something about this orchard and winery, and you will surely make memories of a lifetime. Known for pumpkin picking and family activites, you can pick your own vegetables and fruit, or shop from their market. Enjoy homemade ice cream, a farm market, and wine or distilled spirits.

Farm Life - (Formly Deere Farms) Attractions include a large corn maze, pumpkin patch, pony rides, hay rides, and more.

Louisville

Sunny Acres Farm - Offers classes, field trips, hay rides, and a traveling barnyard if you would rather bring the farm to you.

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