Whenever our team works with a seller, we always give them two options: They can either put their property on the market, or we can purchase it from them outright for cash. We recently worked with a seller who chose the latter, and they couldn’t have been happier with the results. In fact, we were able to offer more money than they were probably expecting. We can offer you this same convenient experience, too. Or, of course, we can always help you list on the open market, as well. If you’d like to learn more or if you have any other questions, feel free to give us a call or send us an email. We look forward to hearing from you soon.
We’re coming to you today from a great home here on Duker Street. This property has an awesome story behind it that we’d like to share with you today.
The owner of the property was a really nice lady who once gave us a call because she needed help: She didn’t know if she wanted to list the house on the market or sell it outright. Of course, the Dream J.P. Pirtle Realtors team always offers our sellers both options.
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Right now is a great time to sell your home.
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In the end, she didn’t want to list the home, so we ended up buying it from her. We were actually able to give her a lot more for it than she had even asked for in the first place, which made her very happy. This Duker Street home is in a great area right across from a school, and (even in the video above) you can even hear how happy the children here are. We may decide to rent it out, but that decision isn’t final. If you’d like to learn more about it, feel free to contact us!
The moral of this story is that right now is a great time to sell your home—our spring inventory is very low, which means your home is in high demand, and interest rates are still historically low as well, meaning you’ll probably get more money for your home this year than you would have in any of the previous 10 years. The market is hot.
If you need advice about selling your home or would like us to do a no-obligation, free comparative market analysis to help you find out what your home would be worth, reach out to us. We can either help you list your home on the market or make you an offer for it ourselves. I hope to hear from you soon!
As we head into the summer, I wanted to bring you some of the latest numbers from the Louisville real estate market in April and compare them to what we saw at this time last year.
Here are some of the statistics I’ve been keeping my eye on:
Home sales are down from 1,583 to 1,442
Our average sale price is up to $223,000 from $220,000
The average days on market stayed relatively flat, going up slightly to 64 from 62
The absorption rate sits at 2.48 months, which is up from the 2.33 months we saw last year
Active listings are low, but they’re slowly creeping up. They sit at 3,687 currently, which is up from 3,554 last year
The average interest rate for a 30-year mortgage has dropped back below 5% and now sits at 4.5%
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Interest rates have dropped back below 5% to 4.5%.
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Thanks to my great friends at Statewide Mortgage for providing me with the interest rate update.
Last but not least, it’s time for our monthly quote. This month’s quote is:
“If we ever forget that we are one nation under God, then we will be a nation gone under.” -Ronald Reagan.
If you have any questions for me in the meantime or need any real estate help at all, don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you.
