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The Louisville Real Estate Blog

Louisville Kentucky Real Estate Blog

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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Equity Matters A LOT… Just Ask Freddie Mac

Equity Matters A LOT... Just Ask Freddie Mac | Simplifying The Market

Equity Matters A LOT… Just Ask Freddie Mac

Singles Are Falling For Their Dream Home [INFOGRAPHIC]

Singles Are Falling For Their Dream Home [INFOGRAPHIC]

How to Get the Most Money from the Sale of Your House

How to Get the Most Money from the Sale of Your House | Simplifying The Market

How to Get the Most Money from the Sale of Your House

Selling Your Home? The Importance of Using a Real Estate Professional

Selling Your Home? The Importance of Using a Real Estate Professional | Simplifying The Market

Selling Your Home? The Importance of Using a Real Estate Professional

Why You Should Sell Now… Before Winter Hits

Why You Should Sell Now... Before Winter Hits | Simplifying The Market

Why You Should Sell Now… Before Winter Hits

Slaying Myths About Buying A Home [INFOGRAPHIC]

Slaying Myths About Buying A Home [INFOGRAPHIC]

The Importance of Home Equity to a Family

The Importance of Home Equity to a Family | Simplifying The Market

The Importance of Home Equity to a Family

Thank You For Your Service!

Thank You For Your Service!

Homeownership Builds Wealth and Offers Stability

Homeownership Builds Wealth and Offers Stability | Simplifying The Market

Homeownership Builds Wealth and Offers Stability

Where Are Mortgage Rates Headed? This Winter? Next Year?

Where Are Mortgage Rates Headed? This Winter? Next Year? | Simplifying The Market

Where Are Mortgage Rates Headed? This Winter? Next Year?

Fannie Mae’s Housing Forecast [INFOGRAPHIC]

Fannie Mae Housing Market [INFOGRAPHIC] | Keeping Current Matters

Some Highlights: 

  • 30-year fixed mortgage rates are projected to increase steadily over the next year.
  • Housing Starts will well surpass 2015 numbers.
  • Home Sales will reach an annual rate of over 6 million by the fourth quarter of 2016.
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Waiting until after the Holidays Isn’t a Smart Decision

Waiting until after the Holidays, Isn’t a Smart Decision | Simplifying The Market

Waiting until after the Holidays Isn’t a Smart Decision

Your home hasn't sold yet? It could be the price

House Hasn’t Sold Yet? Take Another Look at the Price | Keeping Current Matters

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. (See Chart)

Proper Pricing Pyramid | Keeping Current Matters

Bottom Line

The housing market is hot. If you are not seeing results you want, sit down with your agent and revisit the pricing conversation.

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