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The Louisville Real Estate Blog

Louisville Kentucky Real Estate Blog

Homeowners’ Tough Decision: OTM, FSBO or List

Homeowners’ Tough Decision: OTM, FSBO or List

Homeowners’ Tough Decision: OTM, FSBO or List | Keeping Current Matters

At the end of the year, 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,

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Freddie Mac: 2015 Home Sales to Hit 2007 Levels

Freddie Mac: 2015 Home Sales to Hit 2007 Levels

Freddie Mac: 2015 Home Sales to Hit 2007 Levels | Keeping Current Matters

According to Freddie Mac’s latest U.S. Economic & Housing Market Outlook...

The REAL Reasons Americans Buy a Home

The REAL Reasons Americans Buy a Home

Home Values Compared to the Peak of 2006-2007

Home Values Compared to the Peak of 2006-2007

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Millennial Buyers & Their Preferences

Millennial Buyers & Their Preferences [INFOGRAPHIC]

Millennial Homebuyers & Their Preferences [INFOGRAPHIC]

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Do You Fit the Description of the Typical First Time Homebuyer?

Do You Fit the Description of the Typical First Time Homebuyer?

Two Great Reasons to Buy not Rent

Two Great Reasons to Buy not Rent

 

New York Times: Homeownership is Best Way To Build Wealth

New York Times: Homeownership is Best Way To Build Wealth

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Year-over-Year Change in Home Sales by Price Point [INFOGRAPHIC]

Year-over-Year Change in Home Sales by Price Point [INFOGRAPHIC]

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Will Higher Interest Rates Kill HOME SALES?

Will Higher Interest Rates Kill HOME SALES?

Breaking News: Fannie and Freddie formally announce 3% Down Programs

Breaking News: Fannie and Freddie formally announce 3% Down Programs

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Rent Increases Expected to Continue through 2015

Rent Increases Expected to Continue through 2015

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7 Graphs That Prove The Real Estate Market is Back!

7 Graphs that Prove the Real Estate Market is Back! [INFOGRAPHIC]

7 Graphs that prove the Real Estate Market is Back! | Keeping Current Matters

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Will An Increase In Interest Rates Crush Home Prices?

Will an Increase in Interest Rates Crush Home Prices?



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The Real Estate Market Has Turned The Corner

The Real Estate Market Has Turned The Corner

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Sales Up in almost Every Price Range

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 (-6%). Every other category showed a minimum increase of at least 9.7%.

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Home Prices Continue To Rise

Home Prices Continue to Rise | Keeping Current Matters

“Broad-based Slowdown for Home Prices”

That is a headline you might have seen over the past weekend. And though it is true, we must understand the story behind the headline. Case Shiller reports on the year-over-year difference in home values. Their latest report revealed that the rate of appreciation has slowed – not that prices are falling!! Here is exactly what they said:

“The 20-City Composite gained 4.9% year-over-year, compared to 5.6% in August.”

Prices are still up this month over last year’s values (4.9%) just not as much as they were last month (5.6%).

Home Prices are NOT Falling.

As a matter of fact, the latest Home Price Expectation Survey...