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4320 Lochridge Pkwy is relisted
4320 Lochridge Parkway has been re-listed and with a much lower price. Discussions with the seller were intense and we agreed to $175,000. This is in contrast to the Zillow estimate of $196,400. Zillow website users will see this as a bargain ... Read More
Inspection Stickers needed?
One of the agents in our Louisville KY office had questions about repairs, additions, and other items and wanted to know if inspection stickers were needed. The home in question had a recently built garage with a lot of outlets. There ... Read More
Radon and the second test in Louisville KY
In Louisville, KY and the surrounding counties, we can have a problem with Radon in our houses. The only way to know is to test. Homes with basements are not the only places that Radon can be found. Radon can be found in homes with crawl ... Read More
Kentucky Housing Corporation
Real Estate agents think that this is a great time to buy with historically low home mortgage rates. Mortgage loan officers would tell you the same thing. However, some people have trouble qualifying for a loan and agents are always ... Read More
Is the winter a good time to look for a new home in Louisville, KY?
There are several ways to look at this. Home Buyers that are relocating do not have much of a choice. For example, the Ford Motor Relocation has brought an influx of workers into the Metro Louisville area from all across the country. ... Read More
Should I list my home in the winter?
I have conversations with my sellers in the Louisville KY area frequently. At this time of year, the question comes up about whether to leave the house on the market during the winter months, or even to have the listing active during the ... Read More
Jefferson County Commissioner’s Sale on Liberty Street
I had not been to the Jefferson County Commissioner’s sale in a while and had the opportunity to attend with a friend yesterday. Since Louisville and Jefferson County has merged, this is basically the Louisville Kentucky foreclosure sale.... Read More
Patio Home Absorption Rate in Louisville KY
This morning I had discussion with a client moving from Minnesota with the Ford Relocation to Louisville KY. She asked me about how well Patio Homes in our Louisville Market were moving. I gave her some generalities over the phone and ... Read More
Luxury home short sale in Louisville KY
The Dobbs Team had the pleasure of bringing a buyer to a short sale in the Locust Creek area of Louisville KY. This home sold for $1.2 million in 2004 and was extremely well appointed. Every luxury item that you could imagine was there ... Read More
Louisville KY information
View History of Louisville, Kentucky and over 3,000,000 other topics on Qwiki. Read More
1811 Shelbyville Road in Taylorsville KY
The Dobbs Team presents our newest home for sale at 1811 Shelbyville Rd is in the Elk Creek area of Spencer County, Kentucky. It is just north of Taylorsville, KY. You will find that it is a short hop to the monster Kroger in Shelbyville, or a ... Read More
309 Revolutionary Rd in Louisville KY
Come see 309 Revolutionary Road it the Yorktown neighborhood. This home has been well maintained and modernized over the years. The first floor has been opened by removing the wall between the living room and family room making it quite spacious. ... Read More
254 Lakewood Drive in Mt Washington KY
Our newest listing is a patio home and we dare you to compare 254 Lakewood against the competition at Woodlake subdivision in Mt Washington, and the surrounding area. This modern patio home is the best in Woodlake and we know that you will agree.... Read More
4320 Lochridge PKWY in Watterson Woods
Welcome to 4320 Lochridge Pkwy in Watterson Woods! You will find that this is one of the largest homes in the neighborhood, and has one of the largest lots at .35 acres. As you enter the home through the great room, your eyes move towards the ... Read More
FHA 203K Renovation Loan Success story in Louisville KY
Renovation loans can be a challenge in the Louisville KY market as well as many others. We see lots of bank owned homes that need more than a little TLC to get them back in shape. These would include Fannie Mae, Freddie Mac, local banks ... Read More
10500 Fairmount Falls Way Louisville KY
We have decided to sell our personal home and move on to the next adventure! We have done a lot of work to this home in Glenmary Estates and it shows! When you enter, you will instantly notice the gleaming hardwoods which cover the ground level, ... Read More
Jefferson County Circuit Court Commissioner Sale in Louisville KY
Today, I went to the Jefferson County Circuit Court Master Commissioner’s sale on Liberty Street in Louisville. I had not been in a while and there was a foreclosure house in Glenmary that was on the auction block today. As always, it ... Read More
Radon in Kentucky can be a Problem
Radon is a cancer-causing, radioactive gas. In Kentucky, around 42% of our untreated homes will have levels above the EPA action level of 4.0 pico curies per liter of air. In Louisville KY (Jefferson County), the Radon level increases to ... Read More
576 Erin Circle Mt. Washington, KY
Welcome to this modern split ranch in the quiet neighborhood of Wilchar Estates. Near downtown Mt Washington, Wilchar Estates is a relatively new subdivision just off Highway 44 and Old Bardstown Road – close enough for convenience to ... Read More
Drastic Price Reduction in Glenmary Estates
The seller wants this house sold and had reduced the price $22,000. It was custom built 4 years ago with only the finest materials. Seller has $545,000 invested and has reduced the price to $375,000. This home is in pristine ... Read More
Louisville KY Absorption Rate
In our last blog, we talked about Absorption Rate and what it means. As a Louisville REALTOR, I can feel that we are in a buyer’s market, but what about analyzing this?In the last 60 days, there has been 1104 single family homes closed ... Read More
Absorption Rate in Louisville KY
You may have heard about absorption rates in real estate and wondered how this applied to the Greater Louisville KY area. First we need to define Absorption Rate and how Absorption Rate is calculated. Absorption Rate is the rate at which homes are ... Read More
Keller Williams at the Louisville KY Derby Bed Races
The three local Keller Williams Real Estate offices combined forces for the annual Kentucky Derby Bed Race on May 2nd. This was the first time that Keller Williams has competed even though the race has been conducted here in Louisville, KY ... Read More
Open House in Glenmary Estates
There will be an open house at 10610 Fairmount Falls Way this Sunday, May 1st. This custom built home is located in the prestigious section of Glenmary Estates. Glenmary Estates is a newer section of Glenmary located on the southernmost ... Read More
Ohio River Flood Stage in Louisville KY
Louisville KY is now at its third flood stage of the spring season; with this being the most severe. At this point, the Ohio River has appeared to crest at 8 feet above flood stage after being forecast at 10 feet. It has been a major ... Read More
Are Credit Counselors a good thing?
I worked with a client last week that was interested in one of our home listings. They informed me that they had some credit issues in the past, but were working through those, and both had good steady jobs. I suggested a couple of loan ... Read More
FHA raises their Mortgage Insurance Premium in Louisville KY
Home buyers using FHA backed loans in Louisville KY saw a change in the annual mortgage premium payment this week. Up until April 18th, the annual premium was .90% for LTV (Loan To Value) of 95% or higher. It has now increased to 1.15%.... Read More
Our First Video Tour of 4713 South 6th St in Louisville KY
Virtual Tours are certainly the rage now in real estate listings. Most that I see are nothing but a rehash of the pictures already posted set to music. I have used Visual Tour in the past to make a “Virtual Tour” of a home. I ... Read More
HotPads for the iPad in Louisville KY
iPads are becoming more and more popular and Real Estate applications are getting more robust. HotPads is one of the latest property search sites with an application for the iPad. The bigger screen size of the iPad versus the iPhone makes ... Read More
Staging results in Louisville KY
I recently picked up a listing in Glenmary Estates which is one of the newer sections in the Glenmary Development. This house was vacant and in its history, had been listed with 5 other real estate agents. Among other things, we decided to ... Read More
Keller Williams new eEdge software Program
The Dobbs Team is associated with Keller Williams, the second largest real estate company in the United States. By the end of 2010, they had over 79,000 associates and over 700 market centers. J.D. Power and Associates rated us highest in overall ... Read More
Closing in Mt Washington KY
The Dobbs Team closed on a house last week in Mt. Washington, KY. Seems pretty ordinary until you consider what we wanted to accomplish. Our client was a young woman that wanted to leave the apartment life. Important to her was having ... Read More
Success Story by University of Louisville
We just closed on a house that is one of my success stories. A young man was looking at an alternative to rent in Louisville, KY. We searched long and hard and found a 2 bedroom place that had been remodeled for under $50,000. It ... Read More
Condo sales still lag SFR
We are still in a buyer's market for Louisville KY. In Jefferson County, KY, we are averaging 97 condos, patio homes and townhome sales per month since the start of 2010. At this writing, we have a 13.5 month supply. Single Family ... Read More
2813 Winterhaven
This quad level on Winterhaven was just entered on the MLS. This home is in exceptional shape and has been updated with hardwood floors, carpet, windows, heat pump, etc. One of the brighter points is the back yard. The lot is huge and fenced ... Read More
Norbourne Estates Open House in St Matthews
I am holding 4009 Saint Germaine Court open this Sunday from 2-4. Norbourne Estates is an older neighborhood in St Matthews that is just wonderful! The trees are mature, grass green, streets wide, houses well maintained; what else can I say? The ... Read More
Condo Sales in Louisville KY
Many of you are probably wondering if condos and patio homes are really selling. I have done a little research to put some numbers in perspective. All the figures that follow are for Jefferson County only. As I write this, there are 5909 ... Read More
Distressed sales in the Louisville area
Just out of curiousity, I wondered how many sales in our MLS are distressed sales. In other words, how many are short sales, foreclosures, etc. My gut told me that as many as half the sales transferred were distressed. Since the first of ... Read More
HAFA is big news
The HAFA program is big news now. It stands for Home Affordable Foreclosure Avoidance. Distressed Properties and foreclosures have been in the news for quite a while now. This program streamlines the short sale and Deed in Lieu process. HAFA can ... Read More
45 Harwood Open House
I held 45 Harwood Road which is in Louisville, KY open yesterday. This was a 57 year old house in the Glenview Manor subdivision just east of the Watterson Expressway. This house was a 3000 square foot ranch that was well maintained. Even though the ... Read More
Indiana State Real Estate Test
I passed my Indiana State Real Estate Exam this morning. This is the last step in being dual licensed in Kentucky and Indiana. I am looking forward to increased business. Read More
March MLS numbers
We have been seeing weekly increases for quite a while with our weekly reports. You can also get a gut feeling from how busy we have been and how busy the office is. March figures from the Greater Louisville MLS are out. This March we ... Read More
Louisville Area Sales Continue to be Stronger
Listings on the Louisville MLS continue their increase over a year ago with 708 properties listed last week versus 606 listed on the Louisville MLS last year for the same time period. Sold houses increased over last year as well. ... Read More
Home Sales and Listings continue their increase
Listings on the Louisville MLS continue their increase over a year ago with 693 properties listed last week versus 640 listed on the Louisville MLS last year for the same time period. Sold houses increased over last year as well. There ... Read More
Spring is coming to Louisville
It may be me, but I can tell a change in the season. I am getting more and more calls and visits to the website. At my open house Sunday, attendance was up. For some people, this was the first time that they had been out this winter. And, they ... Read More
Short Sales on the increase in Louisville KY
Short Sales are increasing and becoming easier to do. I went to school last year to learn how to do short sales. Since that time, the process is becoming more streamlined and familiar. Banks and consumers alike are moving to the short sale as an ... Read More
Louisville Area Sales Trends
I went to a seminar last week, on real estate trends in our area. I will try to give you a synopsis of what I learned about the Louisville real estate market. Some of the figures given also included counties surrounding Louisville as they are ... Read More
Encouraging market
The housing market in Louisville, Kentucky and surrounding area still looks encouraging. The listings for the last week of January were 558 compared to 307 for the same period last year. This was an increase of 251 properties or ... Read More
Open House Weather
During my open house on Sunday, the weather was crappy. 40 degrees and light rain. Yet, we had several interested buyers. As my colleagues sat around the Keller office on Monday comparing notes about the various open houses ... Read More
$6500 move up tax credit
Some of the increase in recent real estate sales can be attributed to the general strengthening of the economy and some to the first time home buyer’s credit. The $8,000 has definitely made a difference and brought more buyers into the market.... Read More
First-Time Homebuyer Credit Questions and Answers: Homes Purchased in 2009
New legislation signed on Nov. 6, 2009, extends and expands the first-time homebuyer credit allowed by previous Acts. The new law: extends deadlines for purchasing and closing on a home authorizes the credit for long-time ... Read More
First-Time Homebuyer Tax Credit Scenarios
The following information is reproduced directly from the IRS.gov website. S1. If a single person (Taxpayer A) qualifies as a first-time homebuyer at the time he/she purchases a home with someone (Taxpayer B) that is not a first-time homebuyer and ... Read More
Homebuyer Tax Credit Questions and Answers
Updated Nov. 6, 2009, to note new legislation. The new legislation extends and expands the first-time homebuyer credit allowed by previous Acts. The new law: extends deadlines for purchasing and closing on a home ... Read More
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