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The Louisville Real Estate Blog

Louisville Kentucky Real Estate Blog

Thinking of Selling Your Home? Get Ready to Negotiate!

Thinking of Selling Your Home? Get Ready to Negotiate! | Simplifying The Market

Thinking of Selling Your Home? Get Ready to Negotiate!

Don’t Let Rising Rents Trap You!

Don't Let Rising Rents Trap You! | Simplifying The Market

Don’t Let Rising Rents Trap You!

Building Family Wealth Over The Next 5 Years

Building Family Wealth Over The Next 5 Years | Simplifying The Market

Building Family Wealth Over The Next 5 Years

Home Prices: Where Are They Headed Over The Next 5 Years?

Home Prices: Where Are They Headed Over The Next 5 Years? | Simplifying The Market

Home Prices: Where Are They Headed Over The Next 5 Years?

FSBO, List Again or OTM? A Seller’s Dilemma

FSBO, List Again or OTM? A Seller's Dilemma | Simplifying The Market

FSBO, List Again or OTM? A Seller’s Dilemma

Selling Your House? 5 Reasons You Shouldn’t For Sale By Owner

Selling Your House? 5 Reasons You Shouldn't For Sale By Owner | Simplifying The Market

Selling Your House? 5 Reasons You Shouldn’t For Sale By Owner

Buying A Home? Do You Know The Difference Between Cost & Price?

Buying A Home? Do You Know The Difference Between Cost & Price? | Keeping Current Matters

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead about the ‘long term cost’ of the home.

The Mortgage Bankers Association (MBA), the National Association of RealtorsFannie Mae and Freddie Mac all projected that mortgage interest rates will increase by about three-quarters of a percentage point over the next twelve months.

According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.

What Does This Mean as a Buyer?

Here is a simple demonstration of what impact an interest rate increase would have on the mortgage payment of a home selling for approximately $250,000 today if home prices appreciate by the 5.2% predicted by CoreLogic over the next twelve months:

Cost of Waiting | Keeping Current Matters

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Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC]

Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC]

You Will Need to Sell Your Home Twice

You Will Need to Sell Your Home Twice | Simplifying The Market

You Will Need to Sell Your Home Twice

Home Prices: Past, Present & Future

Home Prices: Past, Present & Future | Simplifying The Market

Home Prices: Past, Present & Future

What You Really Need To Qualify For A Mortgage

What You Really Need To Qualify For A Mortgage | Simplifying The Market

What You Really Need To Qualify For A Mortgage

NAR Reports Reveal Two Reasons to Sell This Winter

NAR Reports Reveal Two Reasons to Sell This Winter | Simplifying The Market

NAR Reports Reveal Two Reasons to Sell This Winter

Do you know the difference your interest rate makes?

Do You Know The Difference Your Interest Rate Makes? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Interest rates have come a long way in the last 30 years.
  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford.
  • Experts predict that rates will increase by 3/4 a percent over the next 12 months.
  • Secure a low rate now to get the most house for your money.
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Prices & Mortgage Rates Going Up in 2016

Prices & Mortgage Rates Going Up in 2016 | Simplifying The Market

Prices & Mortgage Rates Going Up in 2016

The Residential Rental Market Heading into 2016

The Residential Rental Market Heading into 2016 | Simplifying The Market

The Residential Rental Market Heading into 2016

The Impact of Higher Interest Rates

The Impact of Higher Interest Rates | Simplifying The Market

The Impact of Higher Interest Rates

Rent vs. Buy: Either Way You’re Paying A Mortgage

Rent vs. Buy: Either Way You're Paying A Mortgage | Simplifying The Market

Rent vs. Buy: Either Way You’re Paying A Mortgage

Existing Home Sales Up 3.9%

Some Highlights:

  • The annual adjusted sales are currently at a 5.36 million pace.
  • 14,684 homes sell every day in the United States.
  • October marked the 44th consecutive month of price gains.

Existing Home Sales Up 3.9% [INFOGRAPHIC] | Simplifying The Market

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Distressed Property Sales Hit New Low

Distressed Property Sales Hit New Low | Simplifying The Market

Distressed Property Sales Hit New Low

Millennials: What FICO Score is Needed to Buy a Home?

Millennials: What FICO Score is Needed to Buy a Home? | Simplifying The Market

Millennials: What FICO Score is Needed to Buy a Home?

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