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The Louisville Real Estate Blog

Selling Your Home

Equity Report [INFOGRAPHIC] June 2015

Equity Report [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • 85% of homes valued under $200,000 have equity
  • 94% of homes valued over $200,000 have equity
  • 10.2% of homes with a mortgage are currently underwater
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Sellers Dilemma: OTM, FSBO or List Again?

Sellers Dilemma: OTM, FSBO or List Again? | Keeping Current Matters

At the end of June, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again with the same agent or a different agent.

Let’s assume you or someone you know is in this situation and take a closer look at each possibility:

Taking Your Home off the Market

In all probability, after putting your house on the market and seeing it not sell, you’re going to be upset. You may be thinking that no one in the marketplace thought the house was worthy of the sales price.

Because you are upset, you may start to rationalize that selling wasn’t that important after all and say,

“Well, we didn’t really want to sell the house anyway. This idea of making a move right now probably doesn’t make sense.”

Don’t rationalize your dreams away. Instead, consider the reasons you decided to sell in the first place. Ask your family this simple question:

“What made us...

5 Demands You Should Make on Your Listing Agent

5 Demands You Should Make on Your Listing Agent | Keeping Current Matters

Are you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct?

Hiring a professional real estate agent can take away most of the challenges of selling. A great agent is always worth more than the commission they charge; just like a great doctor or great accountant.

You want to deal with one of the best agents in your marketplace. To do this, you must be able to distinguish the average agent from the great one.

Here are the top 5 demands to make of your Real Estate Agent when selling your house:

1. Tell the truth about the price

Too many agents just take the listing at any price and then try to the ‘work the seller’ for a price correction later. Demand that the agent prove to you that they have a belief in the price they are suggesting. Make them show you their plan to sell the house at that price – TWICE! Every house in today’s market must be sold two times – first to a buyer and then to the bank.

The second sale may be more difficult than the...

Sales Up In Almost Every Price Range/ June 2015

Sales Up In Almost Every Price Range

Sales Up In Almost Every Price Range | Keeping Current Matters

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.

Only those homes priced under $100,000 showed a decline (-10.1%). The decline in this price range points to the lower inventory of distressed properties available for sale and speaks to the strength of the market.

Every other category showed a minimum increase of at least 9%, with sales in the $250,000- $500,000 range up 21.2%!

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Should You FSBO? Think Again!

Think You Should FSBO? Think Again! [INFOGRAPHIC]

Think You Should FSBO? Think Again!! [INFOGRAPHIC] | Keeping Current Matters...

Five Reasons You Shouldn’t For Sale By Owner

5 Reasons You Shouldn’t For Sale By Owner

5 Reasons You Shouldn't For Sale By Owner | Keeping Current Matters

In today's market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a...

If You are Thinking of Selling, Now’s the Time

If You are Thinking of Selling, Now’s the Time

If You are Thinking of Selling, Now’s the Time | Keeping Current Matters

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we...

The Truth About Rising Prices & Family Wealth

The Truth About Rising Prices & Family Wealth

The Truth About Rising Prices & Family Wealth | Keeping Current Matters

The National Association of Realtors (NAR) recently released a ...

There’s No Place Like Home

There’s No Place Like Home

There’s No Place Like Home | Keeping Current Matters

Last week, we reported on the financial reasons purchasing a home in today’s market...

We Need You(r House)!!

We Need You(r House)!!

We Need You(r House)!! | Keeping Current Matters

Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has ...

How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]

How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]

Median Days on the Market [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • The National Association of REALTORS...

Selling Your House? Price it Right Up Front

Selling Your House? Price it Right Up Front

Selling Your House? Price it Right Up Front | Keeping Current Matters

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents...

Industry Experts Agree: Housing Supply Too Low

Industry Experts Agree: Housing Supply Too Low

Industry Experts Agree: Housing Supply Too Low | Keeping Current Matters

Last week, we reported on the lack of housing supply and how that was impacting the real estate market. Today, we want to let you know what other industry experts are saying.

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Why You Should Sell Now!

Why You Should Sell Now!

Why You Should Sell Now! | Keeping Current Matters

As the temperature rises, buyers are coming out ready to purchase their dream home. Inventory is still below historic numbers and demand is strong. Don’t miss out on this great opportunity for you and your family.

Here are five reasons to list your home now.

1. Demand is Strong

Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that...

Five Demands to Make on Your Listing Agent

5 Demands to Make on Your Listing Agent

5 Demands to Make on Your Listing Agent | Keeping Current Matters

The busy spring real estate season is here. Are you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct?

Hiring a professional real estate...

Is Another Bubble Forming?

Is Another Bubble Forming?

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FSBO’s Must Be Ready to Negotiate

FSBO’s Must Be Ready to Negotiate

FSBO’s Must Be Ready to Negotiate | Keeping Current Matters

Now that the market has showed signs of recovery, some sellers may be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional.

Real estate agents are trained and experienced in negotiation. In most cases, the seller is not. The seller must realize their ability to negotiate will...

The Difference an Hour Makes [INFOGRAPHIC]

The Difference an Hour Makes [INFOGRAPHIC]

The Difference an Hour Makes [INFOGRAPHIC] | Keeping Current Matters


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Hurry Up!! Call and List your Home!!

Hurry Up!! Call your Agent and List your House!!

Hurry Up! Call your Agent & List your House! | Keeping Current Matters

That headline might be a little aggressive. However, as the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering...

Housing Market to “Spring Forward”

Housing Market to “Spring Forward”

Housing Market to “Spring Forward” | Keeping Current Matters

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available...