The WeSellLouisville.com Louisville Real Estate Blog  

Louisville Home Sales Start strong for 2012

Yea, Yea, Yea you may say it’s too early to tell if the housing market has really recovered. I’ll put my neck on the line out right now and tell you the worst of the home sale slump is behind us. Unless there’s a major shift in consumer interest in homes because of some future unknown event Louisville home sales in 2012 are back on track for much of our area. Here’s why: Home sales for January 2012 are up 12.5% over a year ago. The number of homes going under contract are up 14.2% over January of last year as well. The median home sales price remained constant at $125,000 between the same 2 months. The number of homes on the market as of February 1, 2012 as 7,550. That’s one of the lowest numbers in years. Additionally we are watching buyer activity online reaching new records. Specifically we’re seeing more people return to home sale websites than ever before. Our phones are ringing off the hook and we sold 18 homes in January a month that in past years averaged 6-8 homes sold. We finished 2011 far ahead of what we had anticipated selling 130 homes and making us the number 1 full service realtor in Louisville for total volume. We re so busy we’ve added 4 agents to our team to handle the requests for showings of our homes.Add everything up and the forecast for Louisville Home Sales in 2012 is good. If you’re a buyer now is the time to contact us to target your search and get out with is to see homes. For Sellers, it’s time to call to set an appointment with us to review a CMA, stage your home and get it listed. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky “The Medley Sokoler Team” head to http://www.WeSellLouisville.com or call Bob Sokoler (502) 376-5483....


What Animal are you ? Surviving Your Serengeti will help your relationships!

I’m at my 1st international Cyberstars MasterMind and thrilled to be a member, While here I met Stefan Swanepoel who is the author of “Surviving Your Serengeti”  or as I call it “Surviving The Serengeti”. It’s a great concept, identify who you are as an animal and learn what your wife, husband friends and business associates are so you can interact with them and understand them on their level.  The concept is not new, what is new is the comparison to animals in the Serengeti. It’s a process that allows you to easily identify personality traits. Watch the interview and visit www.whatanimalami.com to determine your animal type.  Then visit http://www.serengetibook.com/your-safari/what-animal-am-i/ to see what the type of animal means. For more information about the concept, about the book or to have Stefan speak at your event (he’s a great speaker) head to  www.serengetibook.com.

For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky “The Medley Sokoler Team” head to http://www.WeSellLouisville.com or call Bob Sokoler (502) 376-5483

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Ford Employee Brian and Wife Jessica buy a Louisville Home

Ford Employee Brian and wife Jessica buy a Louisville Home. Real Estate Agent Bob Sokoler from We Sell Louisville and owner of The Medley Sokoler Team at REMAX Properties East talk to Brian and Jessica about thier home buying experience. For anyone moving to Louisville this is a great video to watch. You'll get a head start on the Louisville home buying experience.Starting with Brian and Jessica's experience with the Dave Ramsey Show to buying Louisville Real Estate. Dave Ramsey can be heard on radio stations throughout the U.S. http://www.daveramsey.com/home/.

For more information on the hardest working Real Estate Team in Louisville Kentucky “The Medley Sokoler Team” head to http://www.weselllouisville.com/about/

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Louisville Realtor Bob Sokoler speaks at the Optimist Club of Louisville

Louisville Realtor Bob Sokoler speaks at the Optimist Club of Louisville

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Bob Sokoler on 970 Wgtk with Dan Cassin

Bob Sokoler onthe air at 970 Wgtk with Dan Cassin

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Louisville Home Sales for 2011 finish strong

Despite a very slight increase in interest rates, the number of homes going under contract in December 2011 was up some 15 percent when compared to December 2010. The number of homes sold was up about 1.5 percent. December is notoriously slow for home sales so even a small increase is a positive sign as we head into 2012.

The outlook for this New Year seams very positive. Interest rates look as if they will stay in the high 3 or low 4 %. The price of homes continues at a 4 plus year low. The median sales price of homes sold in the Louisville area (the price that lies in the middle of the list of prices of homes sold) was down almost 10 percent from a year ago.
 

We may have seen home prices bottom out in 2011. Over the next 6 months we’ll be tracking the median and average home sale prices. There appears to be pent-up buyer demand from people who have sat on the fence waiting to buy a home. Our phones and websites have had heavy traffic with buyer questions and searches of homes.
 

Looking back at 2011, The Medley Sokoler Team actually saw a 20 percent increase in the number of homes we sold. We’re actually seeing so much buyer activity on our websites, we’re adding 4 new agents to our team. Look for a announcement later this month.

 

December 2011

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Spend the Winter getting Your Louisville Home Ready to Sell!

Starting just days from now and continuing thru early March Louisville Home Sellers will be thinking about selling their Kentuckiana homes. If you're one of them don't spend the winter months thinking about it. Spend the time preparing your home. Even if you don't want to sell you'll be thank full you spent the time fixing and cleaning it up.

The peak buying time in Louisville starts in March and continues through late July and into August. So waiting for March to start preparing your house is already too late! So well before you put up the 'For Sale' sign in the front yard spend the winter doing a little spring cleaning.

    1) DE-Clutter - Get rid of the things you don't want to move to the new house.

    2) Pack up deer heads, favorite collections, photographs, trophies, stuffed animals.

    3) Clean out the closets, basements, garages, and attics.

    4) Get rid of personal pictures of you and the family. It will keep a buyers attention on the space in the house and keep them from trying to figure out if they know you.

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DO NOT CLICK ON THAT COMPLAINT REPORT!

Thousands of people around the country are receiving phony e-mails from a company claiming to be the Better Business Bureau with notice of a written complaint (see a copy of the e-mail below with the link removed). Charlie Mattingly of the Louisville Better Business Bureau tells me “This is a malicious message that has been widely distributed in recent weeks. We've been doing our best to get the word out”!

The slime ball(s) behind this latest attack on our computers must think its funny. The letter claims a complaint has been filed from a customer of yours. When you click on the complaint link you apparently infect your computer with a worm or virus.

 I tried clicking on the link on the link with my Mac to see what happens (knowing the Mac is immune to those types of attacks). Nothing happened. But I did track the link to digitusmarketing.com. The company website claims to help companies create full scale social marketing. I’m not sure if they are behind the malicious e-mail but the results will not have a lot of people pointing their middle fingers at the company.

 If you receive an e-mail from a friend saying their e-mail had been hacked and it was sending out e-mails without permission you are probably looking at the results of this phony complaint e-mail.

 Letter I received:

Attn: Owner/Manager

Here with the Better Business Bureau notifies you that we have been sent a complaint (ID 71185521) from your customer related to their dealership with you.

Please open the COMPLAINT REPORT below to obtain the details on this matter and inform us about your position as soon as possible.

We hope to hear from you very soon.

Faithfully,...


Could Louisville Kentucky be the tastiest town in the South?

Anyone who lives here knows Louisville has some fantastic restaurants.
Now the rest of the world may soon know about them as well. Southern
living magazine
is asking its readers 'what's the tastiest town in the
South'? According to its online page, Southern Living editors and experts gathered
for a summit in their test kitchen and reduced the number of nominees to 10. Louisville
Kentucky, along with cities like Baltimore , New Orleans,  Charlottesville  and Houston made it into  that top 10 list.

According to the magazine, the voting by readers will begin
December 23. I'm not sure how they going to keep this from becoming a
popularity contest, if you can vote as many times as possible, cities like Houston,
with a larger population will have a definite advantage. If the voting is based
on merit, restaurants like Seviche, Vincenzo's and Lynn's Paradise Café could
help to put Louisville in the number one spot.

The online magazine webpage doesn't say when the results
will be made public, but as slow as the news cycle is over the next few weeks,
a story about which city in the South is the tastiest could make national news
very quickly. That will mean lots of
publicity for the winning city
and the nine runner ups which naturally
could translate into more customers for all of Louisville's restaurants!

Of course as the saying goes, Louisville's a winner for just
being mentioned in the top 10 list of tastiest cities. But a win would be
another great feather in the cap of this great town!

Bob Sokoler is a former Anchor/Reporter turned ...


Louisville Real Estate does not slow down for the holidays!

   “Keep it on or take it off”? Our sellers always ask that question this time of year. “ Should we take our Louisville home off the market during the holidays and cold weather months”?  Let’s face it; selling your home during the holiday season can be difficult. You need to keep the house show ready during the time you may be getting ready for a holiday party or when the kids are home from school and have made a mess.

   As Louisville Realtor ranked 5th for volume of sales, my advice to our sellers is (unless you have no way to keep it clean) always leave the home on the market during the holiday season. Why? Because right now, even during the colder weather, there are people out there who really need to buy a piece of Louisville Real Estate. The fact that some sellers are advised to take their home off the market means a smaller inventory for those buyers to choose from there-by increasing the odds for your home to be chosen.

   The advice is especially important this year with hundreds of Ford employees moving to the Louisville area for new jobs. In fact, we were out this weekend with a Ford employees looking at homes in several areas of town. We’ve also already sold a number of Louisville homes this month to those buyers who really need a home. I bet my clients are glad they took my advice to stay on the market.

   Need to sell your home? The Medley Sokoler Team can help. We’re setting new records this year for home sales. See what makes us different at www.WeSellLouisville.com or call...


Doug and his Family buy a new Louisville Home

Doug and his wife have been looking for a home for months. Our Medley Sokoler Team was thrilled to help Doug and his family find the perfect piece of Louisville Real Estate. For more on Doug's search watch the video. For info on The Medley Sokoler team head to http://weselllouisville.com/

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Louisville Home Sales continue to gain momentum!

Louisville Home Sales are upCall it an early holiday present for some Louisville Home Sellers. The number of homes going under contract in November 2011 compared to one year ago was up a whopping 24.47 percent.  Similarly the number of homes actually closed and sold was up 12.69 percent from November 2010.

 The home sale numbers are a good sign that the Louisville housing recovery may be here to stay. There was a disturbing trend in the numbers, the average selling price of a home was down from $173,766 last year to $156,903 in November 2011. Homes are also on the market on average several days longer from 82 to 86 days. The reasons for the decrease of the average and increase of days on market can be attributed to one or several items:

 1)   More short sale and foreclosures are on the market and selling.

2)   More first time homebuyers are back in the home buying market.

3)   Homes sellers have dropped prices to attract buyers.

 Whatever the reason the overall impact is important to the housing recovery. More home sales will clear inventory. The shadow inventory (homes that are in foreclosure or should be in foreclosure but are still lived in by owners who are not making mortgage payments) will start to shrink. Home prices will begin to rise. 

 With interest rates continuing to hover in the area of 4%, the stock market seeing a surge and increase in Louisville Real Estate sales, the worst may be behind us. With a presidential election ahead, you would think the recovery was orchestrated. I really don’t care why, too many people are suffering. A full recovery will be a welcome relief to Americans!

Bob Sokoler is a former Anchor/Reporter turned ...


Signs of Louisville trouble!

It doesn't take a rocket scientist to know rain in, around
and East of Louisville spells trouble for the Ohio River. Tuesday morning the
water in the Ohio was just starting to overflow its banks. It's not an unusual
problem for the Louisville area, but it can cause plenty of headaches for
anyone traveling along the banks of the Ohio. This year because of the Sherman
Minton bridge being closed down and the rerouting of traffic along I 64 and I
71, River Road is especially busy. If the water levels rise high enough, River
Road will be put out of commission.

As a Louisville realtor, I'm always concerned about the
homes along or near the Ohio River. We have one listed there now that could be
in the direct path of an angry Ohio River. The good news is that any damage is
covered by flood insurance. The bad news is up until this year the Ohio River
had not hit our listing along River Road for some 10 years. So the fact that
this gorgeous house may be hit twice in the same year is unfortunate.

Bob Sokoler is a former Anchor/Reporter turned Louisville
Realtor
7 years ago, and co-owner of The Medley Sokoler Team in
Louisville Kentucky. You can learn more about Bob, his Team by clicking Louisville Real Estate.

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Louisville Realtor Bob Sokoler from REMAX Properties East visits Wave 3 Listens

Viewers of the popular TV talk show 'WAVE 3 Listens' (11am weekdays on WAVE 3) saw the reuniting of 2 old friends today. Bob Sokoler (former Co-Anchor of WHAS-TV's Louisville Tonight Live and morning host/anchor of 84 WHAS Radios'  Morning Show visited Cindi Sullivan on her WAVE 3 Listens program. Bob and Cindi worked together at 84 WHAS radio and Cindi was the subject of several stories on Louisville Tonight Live. Since leaving Broadcasting 8 years ago Bob has become one of the top Louisville Real Estate agents in Kentucky and is co-owner of The Medley Sokoler Team at RE/MAX Properties East. Bob was ranked 5th for volume in 2010 for selling Louisville  homes among more than 3,000 fellow Louisville Real Estate Agents.

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Westchester N.Y. Realtors Suck-O-Meter shows how selling your home can suck!

selling your home sucks .comSelling your home can be difficult is any city. From Real Estate in Louisville Kentucky, to Los Angles California to Westchester N.Y home sales are at best slow. Sometimes it’s the market your, in sometimes it’s the lack of marketing from the realtor you choose. As a Louisville KY Realtor selling more than 100 Louisville homes a year I hear about the problem from fellow Realtors all across the country.

So I had to smile when my friend and Westchester N.Y. Realtor Mark Seiden created the Suck-O-Meter to show home sellers why selling their home can be difficult. The meter is part of a website Mark created a website called Selling My Home Sucks. One of the sections of the website asks home owners to take the “Why Didn’t Your Home Sell” test. It’s a cute idea that starts with a basic question like “Did your agent sell 25... 20... Okay, how about At Least 15 properties last year?” Based on your answer the “Suck-O-Meter: begins to move.

 The questions continue” When Your Agent Was Sick, On Vacation Or Just Plain Unavailable, Was There Anyone Else Around To Answer Your Questions or Take Care of Your Needs?” The final question of the test asks” Did Your Agent Have The Necessary Skills and Resources To Get Your Home Sold In This Market? (A Winning Smile or Walking your Dog For You When You Were On Vacation Does Not Qualify)”

 Marks’ website doesn’t stop there.  Another test asks how long you’re home has been on the market.  You then compare your...


What's wrong with this Louisville Real Estate picture?

It's happening all around the country and someone, somewhere needs to step in and stop it! Lending institutions and appraisers are out of control and our government is only making the problem worse!

As a realtor in Louisville Kentucky I see the problem every day but it's just got worse. We have buyers coming in from out-of-town and need to buy a home. In fact we were out with them this weekend and looked at least 10 homes. Their pick was a foreclosure that had a number of small problems but nothing that couldn't be fixed.

Naturally the realtor handling the foreclosure for the bank wasn't available by phone all weekend so there was no way to know that five other offers had already been put in on this house and that the bank that held the deed was stalling, waiting for a better offer. I won't go into the ethical or moral concerns I have with the bank playing that game other than to say it's a shame.

We made a (conventional 30 year fixed mortgage) offer on the home (with preapproval letter attached) this past Sunday at $500 over list price just in case there were other offers coming in on it. I learned Monday about the other offers (no, I did not chastise the agent or his office for not answering the phone on a Sunday but I sure would've liked to). When we found out about the other offers our buyer uped his offer by another $9500.

Today I learned the bank had finally picked a buyer who offered less money than ours, but that buyer would be paying in cash. There really is something wrong with this picture. The reason the bank went with the cash offer is because it was hassle free. Meaning the bank would not have to worry about an appraiser picking apart the sale of the home over price or condition....


Updated and Roomy Louisville Real Estate in Autumn Woods at 10510 Pebblestone Circle Louisville Ky

 

 

10510 Pebblestone Circle - AUTUMN WOODS - LOUISVILLE, KY 40229
Updated, Roomy and a large fenced in back yard! This all brick, maintenance free 3 b3droom 2 bath ranch is loaded with features! Walk into a beautiful living room includes a shelled tray ceiling and paddle fan. Next into an oversized eat-in kitchen with bay window, center island, ceiling fan, Stove, Refrigerator w/ice maker, dishwasher and oven range microwave remain! Large master bedroom features a shelled tray ceiling with fan, a private bath and his & hers Closets. There are 2 other good sized bedroom as well! Need more space to entertain? No problem... In the backyard you will find 10x10' deck that opens up to a large backyard and a 6' privacy fence around entire backyard! In addition there is an 8x12' storage shed that will stay. Well cared for and ready for you to move right in!

For more information on this listing or to work with the hottest real estate team in Louisville go to http://www.weselllouisville.com

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Louisville Home sales increase as prices appear to bottom out.

Louisville Home Sales up

New Louisville Home Sales Numbers for October 2011 show an encouraging trend. The number of homes that closed last month increased 10.7 percent over the year before. Additionally the number of Louisville homes going under contract last month increased by 11.7 percent (see raw data below). On the negative side of this month's report, the number of days a Louisville Home sat on the market in Louisville increased 6.6 % from  90 days on average in October 2010 to 96 days in 2011. Most importantly for Louisville home owners the average price of a Louisville home slipped almost 4% between October 2010 and October 2011.

The increase in the number of homes being sold is really due to 3 factors.

1) There were fewer homes sold towards the end of 2010 because many home buyers had already purchased a home thanks to the first-time home buyer tax credit during the first quarter of 2010.

2) New Ford employees moving into the area have started to purchase homes.  Granted some of those employees will have to wait to sell the home they currently own in the city they're transferring from. But there are some employees who will either rent their old home and buy here or have already sold their home.

3) The final factor is the most important one.  Louisville Home sale prices have bottomed out, and buyers are starting to come back into the market.

In October 2011 our Medley Sokoler Team hit a new sales record. Normally we look to sell anywhere between six and eight homes in October. This year we put a record 20 homes under contract. We continue to list and sell homes and were looking for...


New Apple iPhone 4s helps Louisville Realtor work more efficiently!

I’ve been underground the past few days trying to absorb the Apple changes from OS to iPods to Phones. I’m afraid I’m still learning, but one thing is for sure, any fears that the new Apple iPhone 4s would be a disappointment are gone. Apple hit a grand slam home run with this new phone.

Yes there were problems upgrading to the new software for many of us. But that was because of a major overload on apple servers. I pre-ordered my phone last week and sure enough watched it ship from China on Monday with UPS and make is way across the world during the week. Friday at about 10:15 am in walks our UPS guy with the phone. What a time saver over standing in line waiting to buy a phone.

Activation was a bit of a challenge. It took a number of tries to activate it. My office manager tried for the better part of a day to activate her phone, a call to Apple and she was told there was a 5-hour backlog of people trying to activate their phones. She finally got it done about 4pm on Friday

As a Louisville Realtor “Siri” gives me the ability to dictate e-mails, Text messages, and a reminder! If I need to remind myself to call a client I simply tell “Siri” to remind me to do it. She instantly adds the entry into the new reminder App! Add to that a new 8-megapixel-rear camera, 1080p video and faster processor and you have a big win for Apple.

iCloud takes a little setting up and I’m still working on getting it installed on all my computers (both mac and pc). But it will become a must have option for most of us within a year or two.

The new IOS 5, which will also work with iPhone 4’s, includes...


Iphone4s Pre-Orders crash online Apple Store

By Bob Sokoler, www.weselllouisville.com

Wondering if the Apple 4s iPhone laid an egg? If pre-orders are any indication the answer is a resounding NO! Pre-Orders of the Apple 4s iphone began online at midnight October 7, 2011 Pacific time.  By morning the apple website had slowed to a crawl. By mid afternoon part of the order site was down. A quick call to apple (when we were able to get through) assured us they were working on the problem.

For The Medley Sokoler Team, as Louisville Real Estate Agents, pre-ordering the iphone 4s and having it shipped to our office will save us tons of time. I’ve spent many, many hours online waiting on lines outside my local apple store in Louisville waiting to get iphones and ipads.

 The “Siri” component of the iphone 4s and faster processor alone is more than enough to make the cost worthwhile. Being able to dictate text messages, e-mails and more while driving is a slam-dunk. I’ll have 3 iphones ordered by tonight for myself, my wife and office manager (if the site comes back up).

 Unfortunately todays problems with the Apple website (at least for me) included limiting orders to 1 at a time and not being able to change shipping address to my office (apple will require a signature for delivery).

 So was the slowdown and crash or the Apple order website a publicity stunt to make us think there’s an overwhelming demand for the 4s? I don’t think so. We’ll all know when Apple announces the pre-order numbers.   

Bob Sokoler is a former Anchor/Reporter turned ...


LOUISVILLE Market Trends

Total Properties Listed: 10,208
Month-Over-Month Change: -0.82%
Average Days On Market: 146
Total New Properties Today: 81
Median List Price: $125,900
Month-Over-Month Change: 0.72%