Low Inventory in the Highlands makes this The Best Time to Sell Your House!

Have you been thinking about selling your home in the Louisville Highlands?

Do you know what’s going on with the Real Estate Market in the Highlands?

Prices are spiking! Why? Because inventory is low and Buyers are looking! This creates a fabulous opportunity for homeowners interested in selling their house.

NOW is the time to list your house!

Selling a house in the Highlands of Louisville, Bruce Moore Realtor

Look at the chart for the first quarter of 2014:

Total Active Listings: 427 (First quarter 2013 – 509)

Days on Market: 72 (First quarter 2013 – 112)

Number of Home Sales: 130 (First quarter 2013 – 181)

Average Sales Price: $210,513 (First quarter 2013 – $177,263)

All of this is great news for you, the home owner! Seriously, this is an amazing time to get your house on the market and get it sold.

Have questions? Feel free to call me anytime. I’d love to help!

Bruce Moore, Realtor
RE/MAX Connections
Louisville, Kentucky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

 

House Hunting in Winter? YES!

House Hunting in Winter?  YES!

It’s cold, the wind is blowing and maybe there are snowflakes or two. It’s sooooo easy to just hibernate inside. But, if you are considering buying a house in the next few months, NOW is the best time to go.

House hunting in winter, Louisville Realtor Bruce Moore

Why?? Well, most people are focused on the Holidays or just don’t want to venture outside in the cold (just like you). That means you can pretty much have your pick of available houses! And, if you are looking to buy a house in hot neighborhoods like the Highlands, St. Matthews or Nulu in Louisville, this could mean the difference between you getting that house and losing out.

So come on! Let’s go house hunting in Winter and find you the perfect home.

Bruce Moore, Realtor
RE/MAX First
Louisville, Kentucky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

Louisville Hip and Trendy? Why yes, we are!

Louisville Hip and Trendy? Why yes, we are!

Louisville, Kentucky … Possibility City and gaining national attention again. Thrillist.com included Louisville in its ‘America’s Most Hipster Cities’ list.

Louisville Realtor, Bruce Moore

According to Thrillist …. “Louisville’s all about bourbon, BBQ, and bands that play indie rock. Oh, and beer. It’s home to rockers My Morning Jacket and VHS or Beta (who, ironically, now live in Brooklyn), is the birthplace of Hunter S. Thompson, and actually has restaurants that don’t require staff uniforms (!!!) — so don’t even think about complimenting the waitress on her flair. The city’s best hotel, 21C, is a “boutique-cum-contemporary art museum”.

Oh, and did you hear we may be getting zip lines across the Ohio River? What a great idea! Insider Louisville reports that with the popularity of the Big Four Bridge, the idea of zip lines across the river is now being discussed. Louisville already has Mega Caverns, the first underground zip lines. So why not zip across the Ohio? I’m all for it!

Bruce Moore, Realtor
RE/MAX First
Louisville, Kentucky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

What’s the Real Estate Market doing in Louisville’s Crescent Hill?

Some interesting real estate market stats for the Crescent Hill neighborhood in Louisville, Ky:
The median Sale Price of homes on the market jumped a whopping 19.1% ($38,000) over the same period last year. Is there any doubt that the Louisville Market is well on its way to a full recovery?
Louisville real estate news
The Average Listing Price was $387,141 which is down slightly from the previous week but up over the same week last year.
36 Homes are currently for sale in Crescent Hill
52 Homes have recently sold
16 Homes are in Foreclosure
Average home list prices for surrounding neighborhoods, week ending October 16th:
Old Louisville $211,737 (-0.1%)
Clifton $165,545 (-0.3%)
Cherokee Triangle $387,545 (+1.2%)
Germantown $133,438 (-2.9%)
Have a home to sell in Louisville?  Call me and I’ll help you sell it quickly and for the right price.


Bruce Moore, Realtor
RE/MAX First
Louisville, Kentucky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

What’s New in the Deer Park Neighborhood of Louisville?

Here’s the latest in a nutshell ….

3 New Home Listings – 2 houses on Eastern Parkway and 1 on Maplewood Place

Median Sales Price for homes in the Deer Park neighborhood is $208,000 which is down slightly from the previous week

Crime Stats – 19 total crime reports, all non-violent. These are mostly theft, burglary and vandalism so lock your doors and keep an eye on the neighborhood.

Ready to find your perfect home in Louisville? Call me, I can help

Bruce Moore, Realtor
RE/MAX First
Louisville, Kentucky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

 

What does all that real estate jargon really mean??

We’ve all seen the yard signs. “Waterfront Property!” ….. “Charming” … “Convenient Location”. But does it really mean what you think it does? Waterfront property… a lovely lake right outside your wrap-around porch? Or maybe it means the backyard floods.

We all take some liberties and embellish, don’t we? That fish was how big? And yes, we Realtors are sometimes guilty of the same. Hey, we have to sell all kinds of houses, right? The good, the bad and the ugly. But, this list is just for fun… so please don’t take it as gospel!

“Diamond in the rough” … Needs way too much work

“I’m beautiful inside” …. Butt-ugly on the outside

 “Don’t curb appraise” … See #2

“Perfect for a walk-out basement” … Goat property

“Endless possibilities” …. Needs a bottomless checkbook

“Cozy” … Tiny!

“Charming” … Tiny!

“Great Starter Home” … 4 walls and a roof but not much else

“Low maintenance Yard” … Dirt

“Unique” … More butt-ugly

“Move in ready” … Very outdated, shag carpet anyone?

“Convenient location” … Backs up to I-65

Again, just for fun. Ready to go out and find your own “Diamond in the Rough”? Call me, I’ll find the perfect house for YOU!

Bruce Moore, Realtor
RE/MAX First
Louisville, Ky
502-640-6861
ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

Just reduced! Great home for sale in the Highlands of Louisville!

Come and see it before it sells!
Now priced at $174,900

House for sale in Louisville Highlands

 

Call me today for a private showing of this great house
on Bonnycastle Avenue in the Highlands of Louisville.

Bruce Moore, Realtor
RE/MAX First
Louisville, Ky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

Should you buy a Condo?

Most people think of a condo as a patio home or an apartment. In reality, however, a condo can take any physical form. The term ‘condominium’ refers to a type of ownership, not the building. That being said, a condo can actually be a house. Confused yet?

Condo, Louisville Realtor Bruce Moore
When you buy a single family house, you own the property, the building, the whole shebang.  Something breaks, you have to fix it.

With a condo, what you own and control varies according to the condominium rules. Generally, you own from the outside walls in. Which means, you are usually free to change the paint and carpet inside your unit but you cannot paint the outside of the building. The flip-side of that is that you also are not responsible for fixing the roof if it leaks.

Most condominium complexes charge a monthly maintenance fee. This is what pays for the roof leak and also repair and maintenance of the common areas which can include anything from a swimming pool to a park and sidewalks.

So, if you prefer to skip mowing the lawn and repairing the driveway, condo ownership may be right for you. Just make sure to read the bylaws very carefully to see what rights you have.

Bruce Moore, Realtor
RE/MAX First
Louisville, Ky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

Biggest Mistakes Homebuyers & Sellers Make

HGTV kindly compiled a list of the Biggest Real Estate Mistakes we all make. Here’s a condensed list of the worst offenders:

Buying a home for the decor – Keep in mind, the furniture won’t be there when you move in. Buy a house for the solid bones, not the fluff.
Buying an odd house – Chances are, you won’t stay in the house forever. That odd little quirk you love so much may make your house harder to sell down the road.
Weird house
Not researching your agent – Please please please don’t hire your nephew with the new real estate licence to represent the biggest purchase of your life. Always hire a seasoned professional Realtor.
Not using a real estate agent – I know you think you can save a ton of money by selling the house yourself but study after study has shown that in the long run it actually costs you more money than hiring a Realtor.
Buying the most expensive home in the neighborhood – Never a good idea. If a house was overbuilt for the neighborhood, chances are you’ll have a harder time selling it later on.
Not hiring a professional inspector – This can be a very costly mistake. A good home inspector can spot major problems before they happen. Plus, if you write the contract contingent on that inspection, it gives you an out should the problems in the house prove to be more than you want to tackle.
These are just some of the highlights of the article. Always consult a professional Realtor when buying or selling a house. You’ll be glad you did!

Bruce Moore, Realtor
RE/MAX First
Louisville, Ky
502-640-6861

ABR – Specialist in working with Home buyers.
E-Pro – Specialist in using the latest Technology to help buyers find and buy their dream home.
IRES – International Real Estate Specialist

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