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The Louisville Real Estate Blog

Louisville Kentucky Real Estate Blog

How Long Do Most Families Stay in Their Home?

How Long Do Most Families Stay in Their Home? | Simplifying The Market

How Long Do Most Families Stay in Their Home?

Do You Know the Real Cost of Renting vs. Buying?

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market

Some...

The Impact of Homeownership on Civic Involvement

The Impact of Homeownership on Civic Involvement | Simplifying The Market

The Impact of Homeownership on Civic Involvement

The National Association of Realtors recently...

The Great News About Rising Prices for Homeowners

The Great News About Rising Prices for Homeowners | Simplifying The Market

The Great News About Rising Prices for Homeowners

Recently there has been a lot of talk about...

First Comes Love... Then Comes Mortgage?

First Comes Love… Then Comes Mortgage?

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once...

3 Questions to Ask If You want to Buy Your Dream Home

3 Questions to Ask If You Want to Buy Your Dream Home | Simplifying The Market

3 Questions to Ask If You Want to Buy Your Dream Home

If you are debating purchasing...

Listing in the Winter Attracts more Serious Buyers

Listing in the Winter Attracts More Serious Buyers | Simplifying The Market

Listing in the Winter Attracts More Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close....

The Impact of Homeownership on Educational Achievement

The Impact of Homeownership on Educational Achievement | Simplifying The Market

The Impact of Homeownership on Educational Achievement

The National Association of Realtors recently...

Buyers are Searching for your House

Buyers Are Searching For Your House | Simplifying The Market

Buyers Are Searching For Your House

The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts...

5 Reasons to Love Using a Real Estate Professional

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Day Dreaming about Your Perfect Home? Know What You WANT vs What You NEED

Daydreaming About Your Perfect Home? Know What You WANT vs. What You NEED | Simplifying The Market

Daydreaming About Your Perfect Home? Know What You WANT vs. What You NEED

In this day and...

Lack of Homes for Sale Slowing Down the Housing Market

Lack of Homes for Sale Slowing Down the Housing Market | Simplifying The Market

Lack of Homes for Sale Slowing Down the Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market...

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring! | Simplifying The Market

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the...

Buyer Demand is Outpacing the Supply of Homes for Sale

Buyer Demand Is Outpacing the Supply of Homes for Sale | Simplifying The Market

Buyer Demand Is Outpacing the Supply of Homes for Sale

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Thinking of Making an Offer? 4 Tips for Success

Thinking of Making an Offer? 4 Tips for Success | Simplifying The Market

Thinking of Making an Offer? 4 Tips for Success

So you’ve been searching for that perfect house to call a ‘home,’ and you...

2 Myths that may be holding back buyers

2 Myths That May Be Holding Back Buyers | Simplifying The Market

2 Myths That May Be Holding Back Buyers

Buyer Traffic per State January 2017

buyer traffic per state jan 2017

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Thinking of Selling? Why Now is the Time


Thinking of Selling? Why Now is the Time

Thinking of Selling? Why Now is the Time | MyKCM

It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring, as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2016. Here is a graphic showing the results:

Thinking of Selling? Why Now is the Time | MyKCM

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of...

Sales at Highest Pace in 10 Years!


Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | MyKCM

Highlights:

  • 45 million existing homes were sold in 2016! This is the highest mark set since 2006.
  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
  • The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year price gains.
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How Low Interest Rates Increase Your Purchasing Power

How Low Interest Rates Increase Your Purchasing Power | Simplifying The Market

How Low Interest Rates Increase Your Purchasing Power