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Red Edge Realty Louisville Real Estate News

Louisville Home Sales Climb by 16 Percent in 2012

I’ll take my statistics sunny side up, thank you.  For those of you who need a long drink from the glass is half full Kentucky bourbon, sip on this good news. 

Real estate in Louisville is swinging back into action.  I’ll shoot you straight though.  Is it back to pre-recession days – no.  Is it moving that way – yes.  The Courier Journal just published an article last week that should be very encouraging to those of you who are ready to list or ready to buy. Click here for the article in the CJ 

For buyers, you’re looking at historically low interest rates.  A first time home buyer in the CJ says that he found it to be cheaper to make monthly mortgage payments compared to paying rent.  You can figure out how much you can afford by using my mortgage calculator.

Browse for homes in your price range by inputting your search parameters on our Property Tracker, which is updated daily from the Louisville MLS

If you need help buying or selling then click here, or email me at MikeHall@RedEdgeLive.com.  You can also call me at 502-509-5131.

I've sold nine houses since January 1st so the market is looking even better in 2013 so far.

Thanks,

Mike Hall

Principal Broker/Owner

Red Edge Realty

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Steps to Buying a Home

Buying a home can be overwhelming.  It’s one of the biggest transactions you’ll ever register in your whole life. 

Whether you’re overwhelmed by the process or innocent enough to think it’s easy, I’ve outlined a few major steps to take.

1.       Build your credit.  Open a credit line and make regular payments.  This will help you establish your credit score and help you get a loan.   Get pre-qualified

2.       Determine how much you can afford and where you want to live.  Here’s a mortgage calculator that can help you figure out what will fit in your budget.  Drive around the city to find locations that sing to you.  Set up Louisville real estate alerts.

3.       Find a real estate agent you like and trust him or her.  Agents can help you navigate through the details of buying a home. 

Closing on a home can be stressful.  Use a professional to help you through with lots of industry knowledge.  We’ve got great agents (of course I think so – I hired them).  

Contact any one of them for a great first experience with a Red Edge agent.  To read more about the process, read all the steps here.  

 

Click here to contact us for any questions you may have.

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Tips to Keep Your Louisville Home Current

Lose weight, get fit commercials are overloading the TV.  While the New Year prompts many of us to improve the way we look, I think it’s also a good time to set some goals to improve your home, too.

Keep your house in top notch condition during 2013 so that when you’re ready to sell, you’re not overwhelmed with a list of home showing to-dos.  Here are some easy updates that will keep your home current:

Kitchen:  Depending on your budget, you may want to paint the cabinets and install new cabinet knobs and drawer pulls and on the high end, buying new appliances will update your look.

Bath: Simple upgrades like new bathroom fixtures and soft towels will go a long way.  If your kitchen looks like it just transported itself from the 80s, you may need to budget to replace the tub, sink, and toilet.

Bedroom: Focus on the master and think tranquility.  Maybe buy a new bedspread and coat the room in a nice soft paint to appeal to more buyers.

For more tips, I like MSN Real Estate’s advice.

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