Family Realty Louisville KY Louisville Real Estate Blog

~Now that the tax credits have expired~

Is it a good time to buy a home? The answer is: Yes. It’s a very good time to purchase a home.The recession is in retreat, and even though housing is on the mend, it’s still a buyer’s market. Moreover, Congress has made it clear that the home buyer tax credits are gone for good and will not be renewed. Even without the tax credits, there are many opportunities in today’s market including affordable prices, low mortgage rates and great new homes. But market conditions can change, and these opportunities may not be around for long, so home buyers shouldn’t wait.

Great Selection An excellent selection of homes on the market makes today a very good time to buy. A plentiful inventory provides a great choice of homes, and many builders have brand new homes that are “move-in ready.” Additionally, many owners of existing homes who postponed trading up or downsizing due to market conditions are now ready to sell.

Attractive Pricing If there’s a silver lining to the recession and the housing downturn, it’s that homes in many markets are more affordable than ever.

Low Interest Rates Like inventory and pricing, mortgage interest rates are still at very favorable, but rates are sensitive to market forces and can change quickly. Buyers may find that some home builders have arranged favorable financing for their customers or offer financial incentives. Don’t wait. The rates will only go UP!!

 **CALL or E-MAIL us TODAY!              Jamie Gardner or Scott Boehnlein   
www.ViewLouisvilleHomes.com   502-458-4100 [email protected]

[email protected]

The finest compliment we can ever receive is a

referral from our friends and customers.

Thank You  

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When thinking about pricing your home in Louisville, KY for a quick sale you must be very careful.  The first mistake that sellers often make is overpricing to "test" the market.  If you overprice your home for sale when you first list it you often end up losing more in the long run then if you priced it aggressively from the start.  A lot of sellers like to "test" the market by setting an unrealistic price in hopes that a buyer will come along and pay the overinflated price.  What seller's don't realize is that there are so many other homes for sale that theirs often times gets overlooked and begins to sit on the market without any activity.  By the time they realize that they have overpriced themselves out of the market they request a price reduction that is often times a bit to late.  The buyer looks at a reduction well into the listing and sees a motivated seller. Often times if an offer comes, it comes much lower than what the original list price should have been.  This cycle results in a longer days on the market and a lower final sales price for the seller.  The bottom line:  Hire a real estate agent that has experience, is knowledgeable on the market and is committed to selling your home for top dollar in Louisville, KY!...

Family Realty LLC has completed work on a new state of the art website to offer Louisville home buyers and sellers the best tools available in the industry.

With the myriad of available search tools on the market is was important to bring a client focus into play and provide a smart, simple, user friendly search tool to find that perfect Louisville home for sale. Aside from the search tool itself is the free sign-up option which allows home searchers to receive email updates on properties of their choosing as well as notices of new listings as they hit the MLS to stay ahead of other home buyers in the Louisville market. 

Family Realty didn't stop with just buyer's tools but has incorporated the best online seller's tools as well. Our unique and comprehensive Louisville Market Snapshot tool allows you the seller to enter your home address and view highly specific information with regard to recently sold homes in your neighborhood, comparable properties as well as other specific and useful information. This tool will continually track your property for increases in value that can give you the insight needed to properly price your home for a faster sale with higher value! 

Best of all, the buyers and sellers tools offered on the ViewLouisvilleHomes.com website are free of charge!  There is never any obligation and we feel the benefits you receive will help you in todays housing market to come out on top.

As our commitment to better serve you continues, we will bring you the most current real estate news here in our blog. You can look forward to in depth market analysis, current Louisville area real estate market trends, as well as insightful articles about buying and selling geared to put you ahead of the curve. 

We hope you will enjoy all the changes we've implemented here on the ViewLouisvilleHomes.com website and as always, feel free to contact us for any additional information. 

Thanks, 
The Family Team

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The Kentucky New Home Tax Credit has been extended to December 31, 2010 and allows for up to $5,000 tax credit to be applied for qualifying purchases of new homes in Kentucky which have been built and never occupied.  Complete rules for the program can be found on the Kentucky Revenue Cabinet's New Home Tax Credit page (click here to view).

The specified properties are new construction, single family dwelling as described below:

A “qualified principal residence” means a single-family dwelling, built to be occupied by a single family. It must be certified by the seller as having never been occupied and must be the principal residence of the qualified buyer for a minimum of two years. It may include a detached house, an attached condominium or townhouse, or a manufactured home, including house trailers and modular homes.

We have created a special search for qualifying homes in and around the Louisville area to help you find homes that may qualify to take advantage of this program. 

• New Home Construction Listings near Louisville, KY 

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     Whether you are looking for your dream home, wanting to build a new home or getting ready to remodel or redecorate your current home, Homearama will have something for you! Sponsored by LG&E, an EON Company and Insight, Homearama will be held July 10-25, 2010 Shakes Run (Jefferson County).

• View Shakes Run Homes for Sale <--click to view

     Admission is $10 per person - per visit. This year you will have the opportunity to purchase a TWO-DAY Pass for $15- which will allow you access to return to the site anytime during the 16 day event. The TWO-DAY Pass must be purchased upon your intial visit .  
     Since 1968, the Home Builders Association of Louisville’s (HBAL) Homearama has given Louisville area residents the opportunity to tour more than 800 homes, each reflecting the unique and professional talents of builders, interior designers, craftspeople and landscape architects. This year Homearama at Shakes Run will have eleven (11) homes on display priced from $450,000. All homes are built by professional builder members of the HBAL. Each home will feature the latest trends in decorating, appliances, technology, floor plans and outdoor living. At Homearama you can discover decorating ideas and design trends, shop artwork and furniture, or buy the home of your dreams! It is all possible at Homearama – so make plans now to attend. We encourage you to click through the web site and find out more about the Show and each home featured in the Show.

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