Buy or Rent? Advice for You Smarties.

Considering buying a Louisville home? Three things to keep in mind.

Full disclosure: I'm a real estate agent who makes a living helping people like you buy and sell houses. So, of course it's in my interest for you to buy a home. But is it in your best interest? Here's a question to ask yourself and a couple things to think about.

1. Do you have a good credit score? If so, you'll likely be able to get a lower monthly mortgage payment than what you pay in rent. This is one of the benefits of living in Louisville - real estate is relatively cheap.

2. Interest rates are crazy-low. Seriously. When interest rates are low, you can save anywhere from $30,000 to $60,000 over the life of your loan. This is a great time to buy and lock in a low rate.

3. Sellers are in the mood. Between March and May, you'll find the most houses on the market. You'll have a better chance of finding your dream home if there's plenty of inventory from which to choose.