Home Sellers in Louisville will Have a Great Opportunity in Spring 2014

There are many great Louisville area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Value Report so you know what buyers will pay for your home in today's market. You may also call me at (502) 458-2722 for a FREE home buying or selling consultation to answer any of your real estate questions.

Louisville Real Estate Market Update

Today I am going to present you with accurate and updated information about what is happening in our local Louisville market. I am doing this so that you can make more informed decisions about real estate and have a more successful endeavor.

• The Market is Trending Up: I think we're in a much better overall market than we were last year. 
• Inventory is still Low: This is a great time to sell in Louisville. This low inventory will result in multiple offers and higher selling prices for homes in the area.
  
• Interest rates are still very low: This is great news for our home buyers in Louisville. However, these rates are expected to rise by the end of the year so now is the time to capitalize on these affordable homes.
  
• The rate right now is around 4.5%, but is expected to rise to 5.5% by the first quarter of 2015.

I am not going to come out and say that this is a seller's market, but I will say that it is a good time to sell your home in Louisville. The market is currently trending in your favor. If you have a nice, clean home that is priced correctly, I believe that you could sell your home fairly easily in this market.

It's also a great time to buy because interest rates are still historically low, but your window to buy affordably is closing.

Contact me for a free market analysis on your home, and as always, consult with me if you're thinking of buying or selling in Louisville. Consider me your #1 resource for real estate!