Archive of 2007 May

‘Bought & Sold’ Pits Agents on HGTV

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in News tagged with

HGTV is one of my favorite channels, but I can't help but wonder how real estate agents are going to "come off" on their new show Bought & Sold. Here's the overview: What's your seller's real estate agent really thinking behind that smile? Wish you could climb into the head of the buyer's agent to find out what's going on with the contract? It's an inner circle with its own secrets. Competitive, calculating and colorful ... meet the brilliant real estate brokers at the center of this entertaining and informative new HGTV series, all about buying and selling residential property. Bought & So

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Best Louisville Neighborhoods: City of Northfield

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Neighborhoods tagged with , ,

Northfield is an established neighborhood in the East End of Louisville, Kentucky. It is situated just outside the Watterson Expressway on Highway 42, also known as Brownsboro Road. Northfield is a medium-sized neighborhood in a wonderful location. The subdivision began development during the 1960s. There are a large number of ranch homes in this neighborhood with lots about 1/4 acre on average. This post is one in an ongoing series of spotlights on the Best Louisville Neighborhoods. If you have a neighborhood that you think deserves coverage, please contact us.

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Failing in Real Estate, Succeeding on the Web

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in News tagged with

How do you lose your proverbial shirt in real estate, then turn it into a profit? Casey Serin did it by blogging. And making a lot of enemies along the way. After running up a debt of $170,000 in failed real estate endeavors, he decided to tell the world how much he hated how things have turned out. To his surprise (and mine) people are hitting his site by the thousands! "A community formed overnight," Serin said in an interview. "It wasn't a very positive community." It's a strange phenomenon when people who dislike Serin, tune in to his site for entertainment. A kind of cyber mob m

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Best Louisville Neighborhoods: City of Prospect Thumbnail

Best Louisville Neighborhoods: City of Prospect

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Neighborhoods tagged with , ,

Prospect, like Anchorage, is one of the premiere neighborhoods in the city of Louisville. Located on the city's east side near Highway 42. Prospect is largely made up of established neighborhoods, many dating back to the turn of the century when Prospect was considered out in the country. This post is one in an ongoing series of spotlights on the Best Louisville Neighborhoods. If you have a neighborhood that you think deserves coverage, please contact us.

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Cleanliness Is Next to Godliness

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Residential tagged with

Do you need to get your home looking its best? Better Homes and Garden comes to the rescue with not one, not two, but three pages of Cleaning Shortcuts to help you optimize your time and end up with great results. Take some time to look around the Move.com website because there's some great content there. I especially liked the Green By Design story. There are some great ideas for homeowners looking to be very environmentally-friendly.

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Best Louisville Neighborhoods: City of Anchorage Thumbnail

Best Louisville Neighborhoods: City of Anchorage

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Neighborhoods tagged with , ,

I'm excited to announce a new project that I've been working on for the Louisville area. It certainly has a long way to go, but the first few neighborhoods have been added. My goal is to someday include a page for each major Louisville Neighborhoods. Each will have photos, commentary and statistics to better help home buyers find which area best suits them. I think will be an amazing tool to help buyers in our city! If you have any suggestions, I'd love to hear them. So with our very first Neighborhood Spotlight, I present Anchorage. Anchorage on one of the premiere neighborh

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Top 10 Mistakes To Avoid When Selling Your Home Thumbnail

Top 10 Mistakes To Avoid When Selling Your Home

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Top 10 Lists tagged with , , ,

This article is part of a series devoted to giving pertinent, professional advice to Louisville's homebuyers and sellers. Others include:  • Top 10 Things to Consider When Contemplating a FSBO  • Top 10 Things to Consider When Planning a Time to Sell  • Top 10 Tips for Relocating to Louisville  • Top 10 Tips for First-Time Home Buyers  • Top 10 Ways to Prepare Your Property For Sale Updated: 5/15/2009 In some ways, this article is similar to Top 10 Ways to Prepare Your Property For Sale. But it's important to learn that preparing you

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Louisville Beats the Averages in Q1

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Trends/Statistics tagged with

Why the Courier-Journal is just full of good news these days. Ok, I'll quit with the sarcasm. But honestly, the positive data in this article really deserves some notice. Nearly 17 percent more homes got default notices, auction notices or were repossessed in Kentucky during the quarter -- far less than the national increase of 62 percent, according to RealtyTrac, a Web-based research firm. No increase is good and certainly 17% is far from a desirable outcome, but when compared to 62% it's much preferred. While national media home prices dropped by almost 2% in the first quarter,

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Louisville Trending Back on Size, Price

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Residential, Trends/Statistics tagged with

There's a growing trend towards smaller, less expensive houses here in Louisville. "It seems like the trend is going back down to ranches and smaller homes," Miles said "We are seeing people, as they get older, deciding, 'I don't want steps.' We're going to see that change our market a lot in the next 10 years." [link] This also is reflected in average home prices moving from $180,555 last year, to "$171,259 for Jefferson County permits issued in March and April." We look for this trend to continue, even as some retiring baby boomers choose to spend their retirement savings on highe

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Comparing Home Improvements in Louisville with the Nation

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Residential tagged with

I culled through the official Realtor® yearly Making Home Improvements Pay report to see how Louisville compares with the nation. From the look of things, we more than hold our own. Please note how similar items compare. For example, if you're planning on replacing your home's windows. Outside our state you'd be better off with some moderately priced wood windows (85.3% > 84.7%). However, here in Kentucky the upscale vinyl windows outperform the competition (93.9% > 84.9%). It's this kind of useful information that we're looking to bring you each and every time we post. If you

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Museum Plaza Dramatically Changes Louisville’s Image

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Commercial, News, Residential tagged with

Propsed New Skyline of Louisville. Click to enlarge. Louisville is certainly used to being the center of attention during the Derby season. Now, with the proposed Museum Plaza ready to break ground later this year, we're getting some additional recognition from places like the Wall St. Journal. World Architecture News.com is certainly paying attention. Others have even found the theoretical father of our proposed building design. One thing is certain, this project, combined with the new arena project, will dramatically change our downtown skyline for the better. If you want to s

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Interest Rates Still at Historic Lows Thumbnail

Interest Rates Still at Historic Lows

Posted by Tre Pryor, Editor-in-Chief on May 05, 2007 in Trends/Statistics tagged with

Lately, we've all been bombarded with negative news from the media regarding a "down housing market." It's everywhere you look! What we don't hear enough about is the amazing interest rates that are currently at historic lows. These rates should be prompting more investors to consider real estate as part of their overall investment plan. Add to that fact the increased number of foreclosures and other "at risk" properties, investors should be giving real estate a very hard look. If you're lucky enough to live in Louisville (and I welcome my wonderful readers from abroad as well) there

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