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Louisville Buyers May Scramble to Find Homes

Louisville housing inventory dips as selling season kicks off

by MIKE HALL, Broker/Owner/Realtor

Trying to determine who holds the power in real estate is really about numbers. The more houses on the market, the more bargaining chips a buyer has. The fewer houses on the MLS, the seller usually comes out on top.

For Louisville, we're almost at a crisis.

We only have a little over 3,000 homes for sale right now in Jefferson County, which is pretty stinking low for a market this size.

What you can do: If you're considering selling your home, now is seriously the time. Buyers don't have as much inventory from which to choose and you can possibly command a higher price or even find yourself in the midst of a bidding war. (Yes, that happens.)

If you're a buyer: Be patient. Nothing ever stays the same for long. Plus, enlist my help and we'll scour the city to find the home you're looking for.

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