Are we in a Buyers Market or Sellers Market? Look at Louisville real estate trends as well as Northern Kentucky and Southern Indiana

Website to find houses for sale in Louisville

What is the meaning of the terms a Buyers’s Market and a Sellers’ Market? What does that mean for you? Remember that all real estate markets are different, this article specifically addresses questions pertaining to the Louisville Kentucky real estate market. Statistics here are similar to the real estate markets in the nearby areas of Southern Indiana and Northern Kentucky. However if you are in an area where there is increasing demand currently for housing, and few homes for sale, you may be in a Sellers’ Market. If you arethinking about moving to a mid-sized city, maybe you’ve thought of buying one of the Louisville homes for sale in Kentucky. Many issues should be considered in the decision to buy a house . There are many houses for sale in Louisville Kentucky, and mortgage rates areextremely affordable. It might be the right time to invest in a home.

First think about this- How long will you live in the house before you sell your property ? How much work are you willing to do to get a good deal? If this is your first time to buy a house in Kentucky, you might have some questions. You could be wondering how much investment you have to put down as a down payment, and how expensive are closing costs on a house, and how long does it take to get a house from the day you write the offer until the day you take possession . For questions like those, the first person toask about your decision to purchase property should be your real estate professional . Here are some other questions you should ask your agent.

Ask your real estate professional the number of homes for sale now and the number that sold last month, and divide to find theamount of months of inventory available. That statistic shows you if it is a Buyers’ Market or Sellers’ real estate market. If greaterthan six months of supply is on the market it is considered a Buyers’ Market. Another thing to remember when you research homes for sale in Kentucky, is the median price and average days on market for the individual zip codes. A Kentucky real estate agent is a good source to find information. Your realtor will give you advice to help you make the best decisions. Find out who the top Northern Kentucky real estate agents, and across the river in Southern Indiana as well, so that you have an accurateview of the real estate market on either side of the river.

If you don’t have time to do home repairs on a property, you may consider purchasing one of the condos for sale in Kentucky. When you buy a condo you buy a real estate investment without having to keep up the outside of the building in most condo developments. Some condominiums have a common area pool or party room. When looking at condos for sale ask about the condo owners association or home owners association fees and master deed and regulations . You may choose to buy in onecondo community over another due to the COA fee or HOA restrictions for the community. Ask your real estate agent to get the information for you on Southern Indiana homes and Northern Kentucky homes.

Tornado Survivor Receives Help From Co-Workers In Southern Indiana

Colleagues and friends of New Albany Indiana real estate agent Carolyn Tindor invite everyone to a benefit event Friday March 23, 2012 at Kyes in Jeffersonville Indiana at 500 Missouri Ave., Jeffersonville Indiana 47130. Funds are being raised for Indiana resident Carolyn Tindor who was caught in the tornado March 2nd, 2012 on her way to show homes to a real estate client. The tornado pulled her out from her car and left her on the side of the road. Carolyn’s injuries are severe and she needs your help to recover. Unfortunately, this story is just one of many and the need for help is huge. In addition to fundraising for Carolyn, there will be an opportunity at the benefit to donate towards the needs of other Indiana tornado victims.

The event is being planned by Carolyn Tindor’s colleagues at Keller Williams Realty Southern Indiana. HF, the Operating Principal for the Keller Williams Realty Southern Indiana location says, “We want the tornado victims to know that although there is much sadness for those who lost everything, this fundraiser party is meant to celebrate that they made it through a horrible tragedy and there are people in Indiana and Kentucky that care deeply about them and people want to help them through this.” Craig Eberle, Team Leader says, “Carolyn adds positive energy to this office with her great attitude and example of helping others. We are glad to be here for her when she needs us.” Volunteers that are working the fundraiser work with Carolyn at the real estate office.

These agents planned a great party – a great band will be playing Lindsey Lane & Axis, great food from local restaurants, live auction bidding, DJ music, dancing, dozens of silent auction baskets, iPad raffle and a fun evening over all. Children are invited to the party too. The music will be a variety of dance music including rock, and fun songs everybody knows. The Live Auction entertainment will be at 7:30 and will include a 3 day stay in a Branson Missouri cabin. The silent auction will be from 6:00-8:30pm. Food will be given from Impellizerris Pizzas, Ladyfingers Catering, Chick Fil A Springhurst, BBC, Terry Lynn’s Catering, Masterson’s Catering, The Back Door, Papa John’s Pizza. The “Help Carolyn Heal” celebration will be from 6:00-10:00pm with the silent auction bidding ending at 8:30pm-this will be a fun and popular place to be! The suggested minimum gift is just $20 and children are free. This is your chance to give to people that desperately need your generosity today, please bring a friend to the Help Carolyn Heal Benefit on March 23, 2012. To make a donation go to http://www.helpcarolyn.com

Good news in real estate! The number of January #Louisville home sales went up 15% over January last year http://www.heidifore.com

Forecast looks good for real estate 2012

House sales seem to be stablizing after a rough few years. See the details in this 4 minute video about house sales in 2011 in the #LouisvilleKentucky #realestate and #Indiana real estate markets. The number of homes sold may not have changed much for the entire year, but as you’ll see in the video, in some housing markets in Kentucky the second half of 2011 was much better than the second half of 2010 sales, even as much as an increase of 18% in some areas. Watch the video to find out where home prices are coming back up *http://www.rivervalleygroup.com/forecast/

Why is winter a good time to find houses for sale

Why is winter a good time to find houses for sale in Southern Indiana, Northern Kentucky, and Louisville Ky real estate markets? #1 reason is the lack of competition from other home buyers- about half as many houses sold in the winter months as summer. #2 – You have more houses to choose from. #3 On the cold days in #NorthernKentucky you can get a good gauge of heat differences in the basement and second floor of a house. *http://www.rivervalleygroup.com/

winter is a good time to find houses for sale in Southern Indiana, Northern Kentucky, and Louisville Kentucky

I was talking with a home buyer today about why winter is a good time to find houses for sale in Southern Indiana, Northern Kentucky, and Louisville Ky real estate markets. And I thought I’d share those reasons with you today. The biggest reason to shop for a home for sale in Louisville or across the river in Southern Indiana or up the road in Northern Kentucky is the lack of competition from other home buyers. In Louisville Kentucky, about half as many houses sold in the winter months compared to the number of homes sold in the summer months on average over the past five years. In a typical real estate market year, about 1200 houses sell in the summer months, and 600 houses sell in the winter months in Louisville. The market is similar for Southern Indiana and northern Kentucky real estate. Why is that important? Because with less buyers looking for houses, it is less likely that you will be in a competing bid, mutliple offer situation when it’s time to write an offer on the house you want to buy. Another reason to look at houses for sale in the winter months is that the selection is better. You have more houses to choose from. The percentage of inventory that sells every month works to your advantage. And the third reason to look at homes for sale in northern Kentucky in the winter is you can get a good gauge of heat differences in the basement and second floor of a house this time of year. You can tell if a second floor bedroom over the garage will be too cold to sleep in, or if a basement is too cold for a play room. Those are three good reasons to go house shopping this weekend. Call a realtor to set up your list of houses to see. Call 502-554-9400 and ask a River Valley Realty Group agent to help you find a new house for the new year. http://www.rivervalleygroup.com/

Advice to sell your house faster (1) Stage furniture (2) Update paint, carpet, lights (3) lights on, music on, cookies out

No matter if you have an older house in Fort Thomas Ky or a new house in Floyds Knobs IN, call a staging professional to decide how the furniture should be arranged, and which items to store and which items to leave out. Rooms look bigger with less on the walls, and they look bigger when there is less stuff on the floor. Houses show better with the blinds open to let in more light. If possible, turn on all the lights before each showing and have light jazz music playing. If you are able, try to have the house smelling like baked goods. Keep checking back on this page for more tips on how to sell your Southern Indiana homes, and Northern Kentucky and Louisville Real Estate market. – Heidi Fore, Keller Williams Realty Louisville East 5025549500

From: http://www.rivervalleygroup.com/blog/advice-to-sell-your-house-faster-1-stage-furniture-2-update-paint-carpet-lights-3-lights-on-music-on-cookies-out/

Louisville has good health care and good hospitals

If you are considering moving to Louisville, you will be impressed with the doctors and hospitals here. Unfortunately I’ve been in almost all of them in the past 3 years and got to know them well. The doctors and nurses are knowledgeable and sweet and kind. Read my reviews of other things about Louisville on http://www.heidiamshoff.com

Advice to sell your house faster (1) Stage furniture (2) Update paint, carpet, lights (3) lights on, music on, cookies out

No matter if you have an older house in Fort Thomas Ky or a new house in Floyds Knobs IN, call a staging prof… *http://amplify.com/u/a1j8ch

Home Prices Increase in Louisville Real Estate Market

Homes in one zip code are seeing prices come back up. Zip code 40222 is on the rise, as shown in the graph here http://ping.fm/AhfBk