Louisville Real Estate Reports for February 2014 – Charts Thumbnail

Louisville Real Estate Reports for February 2014 – Charts

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with ,

3/5/2013 - Welcome to Louisville real estate reports for February 2014! For the most part, February has been disappointing. Many thought we could ride the success of late 2013 into the new year but thus far we've trailed behind in Louisville home sales. The weather has played a strong role to be sure. Therefore, it's possible for things to re-balance once Spring truly arrives and people feel better about leaving their homes. Prices being down during the Winter months is a seasonality phenomenon and is not unexpected. Overall, the trend-line is higher than at this point last year. D

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Want to know the biggest danger in Louisville real estate? Thumbnail

Want to know the biggest danger in Louisville real estate?

Posted by Tre Pryor, Editor-in-Chief in Opinion, Residential tagged with

Just because your Louisville home is near water doesn’t mean it’s in a floodplain. But it could… and that could cost you thousands of additional dollars with the recent legislation regarding flood insurance. Some might consider this article’s title pure hyperbole. Let me be clear: It’s not. In July of 2012, the Flood Insurance Reform Act was passed. Some of its pieces weren’t “plugged in” until recently, but because of this piece of legislation, buying a home can now can be like playing Russian roulette. Here’s the inside scoop… National Flood Insurance Program

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How to Buy a House in Louisville [Infographic] Thumbnail

How to Buy a House in Louisville [Infographic]

Posted by Tre Pryor, Editor-in-Chief in Residential tagged with

How to Buy a House – As Told by Real Estate Memes Tre Pryor is an Internet-veteran turned tech-savvy Realtor. One of the top Louisville agents, you can find his work at InsiderLouisville.com, Louisville Homes Blog or follow him on Google+ or Twitter.

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Louisville Home Sellers Should Beat the Spring Rush Thumbnail

Louisville Home Sellers Should Beat the Spring Rush

Posted by Tre Pryor, Editor-in-Chief in Residential tagged with ,

Even if your home isn't picture perfect, sometimes the best time to list is now. Due to low competition Louisville home sellers should list quickly. Interesting piece came out of the National Association of Realtors (NAR) last week looking at National trends for home sellers. For most of last year, homes for sale inventory was at lower than normal levels, tilting the balance of power in favor of sellers. With the extreme weather around most of the country, and most certainly here in Louisville, homeowners planning to list their home have been largely holding off, waiting for warmer te

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Louisville Real Estate Reports for January 2014 – Charts Thumbnail

Louisville Real Estate Reports for January 2014 – Charts

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with ,

2/6/2013 - Welcome to Louisville real estate reports for January 2014! Important Note Number 1: Here at Louisville Homes Blog, we've been creating easy-to-read charts for each Louisville MLS area since 2007. This edition will mark a big change. As of January, 2014 the Greater Louisville Association of Realtors (GLAR) switched to a new web platform. Data was ported from the old system but as you might notice, a few of the numbers in this report look wonky. Important Note Number 2: Due to the almost surreal Winter weather over the past few months, home sales have dropped... in some case

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4 Tips For Extra Space Throughout Your Louisville House Thumbnail

4 Tips For Extra Space Throughout Your Louisville House

Posted by Tre Pryor, Editor-in-Chief in Interior Design tagged with ,

Adding extra storage space in your Louisville house isn't as hard as you might think. Check out these great tips! Photo credit: www.simplifiedbee.com This guest post was written by Doug Chapman, a staff writer for HomeDaddys, a stay-at-home Dad blog. He specializes in diapers and Sippy cups by day, but is a successful real estate investor by night. There never seems to be enough space around the house – whether you have a brand new house, a house you grew up in, or even a town house. It always seems to just collect more and more boxes and use up valuable storage space. There i

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Monthly Comparison: Louisville Home Sales Chart through December 2013 Thumbnail

Monthly Comparison: Louisville Home Sales Chart through December 2013

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with

I think it's fair to say that our Louisville home sales charts are showing a very successful 2013. Earlier this month I published Louisville Home Sales Finish Out 2013 with a Bang, over on InsiderLouisville and today's chart shows this phenomenon just as well. For the year, each 2013 month beat the previous year and in many cases bested all but one or two of the 6 years shown in this chart. December was especially impressive. The number of homes sold in Jefferson county during December 2012 was 663. This year it was 792 for a whopping 19.46% increase! Talk about showing up strong

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Louisville Interior Design Trends for 2014 Thumbnail

Louisville Interior Design Trends for 2014

Posted by Tre Pryor, Editor-in-Chief in Interior Design tagged with , ,

A strong use of color will always be essential for our Louisville interior design trends. Here we see a yellow dining room that really pops! Author: Michael Joseph has a natural flair for interior and exterior home decor. He believes home improvements should not only be aesthetic but sensible and energy-efficient as well. Michael is a freelance writer who has had 12 years of experience as an interior designer. 2014 is finally here. It’s time to discard the old and bring in the new! Last year the housing market recovery had many homeowners renovating. Those interior design trends r

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Louisville Real Estate Reports for December 2013 – Charts Thumbnail

Louisville Real Estate Reports for December 2013 – Charts

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with , ,

1/13/2014 - Welcome to Louisville real estate reports for December 2013! If you'd like to see how Jefferson County performed as a whole in December, head over to my post on InsiderLouisville (hint: strong), otherwise, you're in the right place to dig deeper and see how your Louisville MLS performed. Most Louisville MLS areas performed well in this report, with a few "dogs" in the mix as well. Everyone can't win, apparently. Area of the month had to be Area 3 comprised of the Clifton, Crescent Hill, St. Matthews areas of Louisville. Check out their chart! Do you have any questions

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Top 10 Tips for Louisville Real Estate in 2014 Thumbnail

Top 10 Tips for Louisville Real Estate in 2014

Posted by Tre Pryor, Editor-in-Chief in Residential, Top 10 Lists tagged with

We're heading into a stronger market for Louisville home sellers for 2014. If these gorgeous homes in the Highlands were for sale, would you be interested? Taking my lead from this piece on MSN titled, 10 tips for homebuyers and sellers in 2014, I want to make specific comments about each of their 10 tips from a Louisville perspective. Much is the same but understanding your local market is key to every real estate transaction, even in Louisville. Here are the top 10 tips for Louisville real estate in 2014. 1. Sellers: Jump-start the process Not that long ago I wrote Top 10 P

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Updating Your Louisville Garage Floor, Storage Adds Value Thumbnail

Updating Your Louisville Garage Floor, Storage Adds Value

Posted by Tre Pryor, Editor-in-Chief in Home Improvement tagged with ,

Garage storage for your Louisville home adds great value, especially for homes that do not have additional storage in a basement. Author: This guest post was written by Levi Mackintosh, the Content Manager for Garage Solutions Louisville. We support local businesses whenever possible. Like most homeowners, a major goal is to beautify your home by adding value. Whether it be landscaping, upgrading, or removing unsightly features, it usually takes a great deal of effort to make your home a warm and welcome place for friends and family. But with all this effort, have you considered the

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Thinking Louisville New Construction in 2014? Thumbnail

Thinking Louisville New Construction in 2014?

Posted by Tre Pryor, Editor-in-Chief in Neighborhoods, Residential tagged with , ,

This former Homearama house was built by Stacye Love for the 2010 Homearama. Could a 2014 Homearama home be in your future? Louisville new construction is still working to get out of the basement, so to speak. Here at Louisville Homes Blog, we've been talking about how new construction has been improving but honestly, there was no where to go but up! Over on Insider, I wrote that 2010-12 saw very few new construction permits being pulled. This year's count is sure to surpass 2012. I feel it's safe to say that 2013 has been better than last year. It makes sense to see the Home B

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Green Home Improvements in Louisville Thumbnail

Green Home Improvements in Louisville

Posted by Tre Pryor, Editor-in-Chief in Home Improvement tagged with ,

Thinking green? How about green home improvements for your Louisville home? Author: Marc Walambe is a personal finance writer with over 13 years of experience in asset management and investment advisory services. He specializes in money savvy strategies to increase the return on investment for everyday spending choices. Louisville is experiencing dramatic and positive changes. As a vibrant city with steady job growth, the Louisville real estate market is dynamic. These factors are spurring home improvements that increase comfort, lower utility bills and protect the local environmen

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Louisville Home Ownership Rates Decline with National Trend Thumbnail

Louisville Home Ownership Rates Decline with National Trend

Posted by Tre Pryor, Editor-in-Chief in Residential, Trends/Statistics tagged with

The American dream of home ownership has been missing of late. Louisville fares no better as National trend sees decline. As the economy continues to struggle, it's obvious that its effects have hit housing, as much as, any other sector. The sad truth—Louisville home ownership rates are in decline. This piece of news from the National Association of Realtors (NAR) addresses this trend nationally. U.S. home ownership rates remained at 65.1 percent in the third quarter, holding at its lowest level since 1995, the Commerce Department reports. Some economists are blaming the low ra

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Updating Louisville Foreclosures Map Thumbnail

Updating Louisville Foreclosures Map

Posted by Tre Pryor, Editor-in-Chief in Residential, Trends/Statistics tagged with

The concentration of foreclosed properties in Louisville continue to be in the same locations as overall numbers decline. Another month, another great CoreLogic report updating our Louisville foreclosures map. So let's get right to the numbers! So where would you expect Louisville foreclosures be, given that national rates have been steadily declining? The answer is that Louisville follows the national trend to a lesser degree with a bit of delay. The foreclosure rate for September 2012 was 2.74%. This September, Louisville foreclosures were just 1.77% for September 2013. That's a

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Louisville Real Estate Reports for November 2013 – Charts Thumbnail

Louisville Real Estate Reports for November 2013 – Charts

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with , ,

12/6/2013 - Welcome to Louisville real estate reports for November 2013! Very strong month for real estate in Oldham County, while Jefferson County performed well, if not better. The biggest winners for home value appreciation is Area 21, the southern portion of Oldham County. Area 7 wins for biggest improvement in home sales for the month. Do you have any questions about Louisville Real Estate? I'd love to help. And as always, thank you for visiting LouisvilleHomesBlog.com! Louisville Real Estate Reports (period ending November 2013) Louisville MLS Areas MapArea 2 was the wo

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Where Exactly Are Louisville Foreclosures? Thumbnail

Where Exactly Are Louisville Foreclosures?

Posted by Tre Pryor, Editor-in-Chief in Trends/Statistics tagged with , , , ,

This home is not in foreclosure, I just thought it was a wonderful shot of a beautiful Louisville home. Perspective is an amazing thing. Knowing the context of the message, along with the speaker and their background, lends a great deal to what is actually being communicated. Most experts agree that foreclosures are on the decline. This is great news! According to one source, CoreLogic, completed foreclosures Nationally are down 39% from September 2012 to September 2013. All very positive. Forbes is basically saying the same thing. But if you notice that most of these sour

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Monthly Comparison: Louisville Home Sales Chart through October 2013 Thumbnail

Monthly Comparison: Louisville Home Sales Chart through October 2013

Posted by Tre Pryor, Editor-in-Chief in Louisville Market Watch tagged with

Each month of 2013, we've seen more Louisville home sales than the previous year. Would you talk about consistency? We're 10-for-10 in 2013. Each month this year, we've seen increased home sales here in Louisville. Now, October didn't destroy the previous year like September did, but 846 homes sold for the month is quite good. Compared to 793 for October 2012, that's a 6.7% improvement. Remember, this data comes directly from the Greater Louisville Association of Realtors (GLAR) and includes all kinds of homes for every area covered in the area. For more specific results, visit

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Top 10 Tips for Relocating to Louisville Thumbnail

Top 10 Tips for Relocating to Louisville

Posted by Tre Pryor, Editor-in-Chief in Top 10 Lists tagged with ,

Louisville is a great city! Make sure your relocating to Louisville is just as fun. As with our other Top 10 Lists, here at LouisvilleHomesBlog.com, we want to make sure you have the best possible information about relocating to Louisville. Relocating from one city to another is a major life change and can bring along a great deal of stress. Follow these helpful tips and you'll be better prepared and far more relaxed... we promise. 1. Be Financially Smart Not all cities are created equal, especially when it comes to their cost of living. Before you purchase a home make sure y

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Want to Build Louisville Dream Homes But Don’t Know How to Get Financing? Thumbnail

Want to Build Louisville Dream Homes But Don’t Know How to Get Financing?

Posted by Tre Pryor, Editor-in-Chief in Opinion tagged with

Thinking Louisville dream homes? Financing plays an important role. Author: Jennifer Couch has over 5 years of writing experience with various blogs. As a mother of 2 boys and a previous Language Arts teacher, Jennifer certainly puts her creative energy to good use. In addition, Pinterest has become a great source of experimental inspiration in trying to create a dream home for her family. When considering building your Louisville dream home, one of the first questions that comes up is, “How do we get the money to build?” Most people need to borrow a substantial amount of

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