Posts about Real Estate Trends or Real Estate Statistics

Exploring the Upcoming Trends in Real Estate for 2024

As we embark on the journey into 2024, the dynamic global real estate landscape is poised to undergo continued evolution, shaped by powerful technological innovation and economic forces worldwide. Navigating this ever-changing environment will require foresight and strategic thinking from real estate entrepreneurs and investors. In this piece, we’ll look at five big trends in real estate for 2024.

Photo of a tiny toy house and house keys - Exploring the Upcoming Trends in Real Estate for 2024
Wonder what’s in store for real estate in 2024? Read on!
(more…)

Continue ReadingExploring the Upcoming Trends in Real Estate for 2024

5 Methods That Help Louisville Renters Combat Inflation

Inflation in the rental market can make it difficult to make ends meet for Louisville renters, and the costs of renting properties in this city are incredibly high. You may be wondering how you’re doing getting through this. But there is some good news. In this piece, we highlight five ways that can help Louisville renters combat inflation.

Photo of new modern apartments
Apartments in Louisville and nearby Indianapolis (pictured) have experienced substantial increases in rent over the past three years. | Photo: Tre Pryor
(more…)

Continue Reading5 Methods That Help Louisville Renters Combat Inflation

Tre Pryor Interview: Interest Rate Hikes’ Effect on Real Estate

Once again my friend and past client, David Mattingly, asked me to be interviewed on WAVE3 news. Today’s topic was interest rate hikes’ effect on real estate, specifically our Louisville market.

Screen capture of an interview between Tre Pryor and David Mattingly of WAVE3 news
I’m proud to be a reoccurring guest on WAVE3 when real estate is being discussed.
(more…)

Continue ReadingTre Pryor Interview: Interest Rate Hikes’ Effect on Real Estate

Louisville Rental Market Forecast

Louisville is the largest city in Kentucky and one of the highest populated cities in the country. The Louisville rental market has received a lot of praise for its rental market and affordable housing for the past few years. According to most real estate experts in Kentucky and nationwide, the general forecast is that the Louisville rental market will outperform other markets in 2022.

Photo of a map of Kentucky and surrounding states
(more…)

Continue ReadingLouisville Rental Market Forecast

Top Energy-Efficient Home Trends Buyers Want as Energy Costs Soar

As energy costs rise in Louisville, homebuyers are looking for energy-efficient homes. These are the top energy-efficient home trends that are catching the attention of buyers in Kentucky. If you’re thinking about buying and selling property any time soon, you won’t want to skip this list!

Photo of a new home in Brentwood Crestwood Kentucky
There are many ways to make today’s home energy-efficient. | Photo: Tre Pryor
(more…)

Continue ReadingTop Energy-Efficient Home Trends Buyers Want as Energy Costs Soar

Top 5 Ways to Expand Living Spaces 

Everyone should love their own home. The fact they are all different is a key part of this. After all, your home should express your individuality. However, no matter how much you love your home, there will be times when it just feels too small. So how do we expand living spaces in the 21st century?

Photo of an open concept family room and kitchen
(more…)

Continue ReadingTop 5 Ways to Expand Living Spaces 

Louisville Has Too Many Realtors

It’s been a blessing to be asked to appear on our local news stations over the years. Today was another such day. We covered several topics including the historically low number of listings and how there are too many Realtors for that low amount.

Photo of Tre Pryor on the NBC local affiliate Wave3 news
Here’s a screenshot of me appearing on the NBC local affiliate Wave3 news to talk about local real estate.

Today’s topic was the disturbingly low level of housing inventory in our market. It’s so low that it’s clear many real estate agents will be out of a job before year’s end.

(more…)

Continue ReadingLouisville Has Too Many Realtors

Louisville Home Sales Chart, Updated

We haven’t published as many real estate market charts in recent years. More people are looking for home improvement, interior design, or general real estate advice pieces. But that doesn’t mean we can’t throw one in for fun every so often, right? So here’s the newly updated Louisville home sales chart for the period 2002 through 2021.

Louisville home sales chart (2002 - 2021)
Louisville home sales chart updated through 2021.
(more…)

Continue ReadingLouisville Home Sales Chart, Updated

Real Estate Trends Transforming the Industry Today

This article is going to highlight the current real estate trends that are affecting the United States today. Due to the pandemic but even more so to the responses made by governments and businesses, there are a large number of patterns emerging. Such as families confined to their homes are yearning for more space. Landlords fear not collecting rent from those facing unemployment. More commercial property has remained vacant than in recent years.

Photo of an inviting family room
Larger spaces are becoming more sought after by families spending more of their time in their homes.
(more…)

Continue ReadingReal Estate Trends Transforming the Industry Today

Most Expensive Homes in Louisville, KY

You’ve found one of our favorite annual topics. Honestly, who doesn’t love to look at the amazing properties we’d all like to own? I’ve been writing this post since 2013 and it’s a lot of fun! If you’re interested, you can check out the most recent one: Most Expensive Homes in Louisville Kentucky. That was from 2019. In 2020 something big was happening so I just didn’t have the time. Now what was that… just kidding, we all know that 2020 was insane. Let’s forget that and get to the good stuff!

So… this is how the other half lives. Yeah, I could get used to it!
(more…)

Continue ReadingMost Expensive Homes in Louisville, KY

What is a Good Return on Real Estate Investment?

As a real estate investor, how can you tell when a real estate investment is making enough profits to justify the money and effort put into it? After all, no one wants to make a mistake when large amounts of money are involved. This is an important question because while you may think of yourself as a businessperson, you may, in reality, be making money for the bank and the government instead of yourself.

Photo of a couple with hands holding keys
(more…)

Continue ReadingWhat is a Good Return on Real Estate Investment?

Louisville Real Estate Prices by Area

I’ve been writing a “Best Bang for Your Buck” article since 2014. (If you’re interested, I’ll link them at the bottom of this piece.) Somehow I missed writing last year’s article. Something must have interrupted my thinking *cough* *Covid* *cough*. Well, I’m not going to let that disrupt me again! So without further ado, here’s the most current data you can find on Louisville real estate prices by area.

Springhurst continues to be a great value for its prime location.
(more…)

Continue ReadingLouisville Real Estate Prices by Area

6 Popular Luxury Condo Trends in Real Estate

The real estate market is an area that will never be without peaks and troughs. There are many interesting trends to keep an eye out for, especially if you are involved in the luxury condo market. These luxury condo trends are often aimed at a more affluent demographic. They have more disposable income, but also higher expectations with their living accommodations.

Photo of a living room in a condo
Smaller spaces are becoming more acceptable today than in the past.

A luxury condo unit is considered desirable by many people. While it may seem out of reach to some, these are fantastic places to live in if you can afford them. To ensure you find the best condos, always be on the lookout for various trends. These trends will help you find the best luxury condos that the real estate market has to offer. You also can check out luxury condo trends and describe ones with mycustomwriting experts at any time.

Check out these six popular luxury condo trends in real estate:

(more…)

Continue Reading6 Popular Luxury Condo Trends in Real Estate

The 5 Best Federal First Time Homebuyer Programs

Buying a home can be one of the biggest purchases of your life. Sometimes you find your dream home and can afford it. However, in most cases, your dream home is more expensive than you thought. Don’t forget about all those extra costs and fees. A smart first time homebuyer has an expert Realtor on their team to help them through the process.

Photo of a couple on a first time buyer welcome mat
(more…)

Continue ReadingThe 5 Best Federal First Time Homebuyer Programs