Buying Real Estate

Market Update

August Real Estate Market Update in Louisville, KY

We continue to see home prices rise, and lower inventory across the board. The Greater Louisville Association of Realtors® (“GLAR)” reported sales down 1% year-to-date versus 2017. With the continued lower inventory, the average price was up 6.1%. In Jefferson County, the average price in August was $216,956 and the median was $181,950. GLAR President Dave Parks commented that, "we see a continuation of a 'split-market' with median priced properties selling very quickly and higher priced properties selling more slowly." He also noted that builders are contributing to the inventory situation with a 4.8% increase in residential building permits issued year-to-date versus 2017.

August Recap:

Homes sold : 1843

Average Selling Price: $221,154

Median Selling Price: $190,000

Average Days on the Market: 34

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Open House in Forest Springs

Open House in Forest Springs

Come check out this gorgeous home Sunday, July 8th. 2:00-4:00PM

Address: 4102 Woods View Place Louisville, KY 40245

Listing Description: Offers 4 bedroom, 3.5 bath. Gorgeous Hardwood floors grace the main living areas of the home. Spacious rooms great for gathering and entertaining. Great Room offers a gas fireplace and is adjacent to the dining area. The kitchen is simply wonderful with tiled back splash, dark rich mocha cabinets with a wine rack, and stainless steel appliances may remain. 1st floor Master bedroom suite with vaulted ceilings, Master Bath has double sink, jetted tub, shower, separate water closet, and a walk-in closet. Upstairs the bedrooms are spacious and offers...

Considering New Construction? Advantages of a Buyer's Agent

 

Considering New Construction? Why You Need a Buyer’s Agent

If you’ve followed this blog, you know real estate inventory is low in the Louisville Market. New Construction is undeniably appealing for the new, pristine, custom finishing’s as well as the inventory that is available. Most buyers appreciate the added perk that you won’t need to make cosmetic or structural upgrades for years.

Builders provide builder’s agents and they are available to help you with the process, but you should also have your own realtor from the start. You need someone representing your side. The Builder’s Agent will always have the builder’s best interest in mind; after all it is their job to get the highest price for the homes.

Start with your own realtor because the builder will be responsible for paying the commission and...

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...

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...

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...

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...

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...

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!...

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...