The WeSellLouisville.com Louisville Real Estate Blog

Louisville has more than the Kentucky Derby to celebrate on this first Saturday in May! Louisville home sales jumped through the roof in April 2013 compared to one year before and skyrocketed to the moon when compared to April 2011. 

The number of Louisville homes going under contract in April compared to April 2012 was up a whopping 24.22%, and up 47.63% when compared to April 2011. The numbers are equally impressive when looking at the number of homes that actually sold and closed. When we compared April 2013 to April of last year the number of homes that closed was up 23.34 % and when compared to April 2011 the number was up 41.15%.
 
Naturally the month of April in any year marks the official start of the home buying season. But the nation’s economy appears to be on track and headed full steam ahead! We’ve got a number of factors to look at: unemployment rates are down, interest rates remain under 4% on a 30 year fixed mortgage, housing prices remain lower than in past years and confidence in the economy seems to have returned.
 
Our Medley Sokoler Team hit a new sales record in April, in past years we typically put 15 homes under contract in April with signs of the economic recovery in full swing we were hoping to put 25 homes under contract in April. But we could never have expected to put 50 homes under contract in one month. We’re either close to full price offers on a number of our homes that are priced correctly and in some cases we’re seeing multiple offers on our homes.
 
As of the beginning of May we...

Homearama 2013 is less than 2 months away and work on the homes in Rock Springs is well under way! Here's a rare opportunity for you to tour one of the Elegant and Energy Efficient homes coming to Homearama 2013! This newest creation from Leo Thieneman and Sons LLC. is a State of the Art Energy Efficient home sure to be one of the centerpieces of Homearama in Rock Springs. It's available for purchase now or can be built to order. Walk past a covered front porch and into a formal entry with formal dining room on the right with corner column and decorative panel ceiling. Ahead an impressive Great Room with beam ceiling, built in bookcases, gas fireplace with surround and wood mantle and audio feeds for a house sound system. The great room flows into the kitchen in this open floor plan designed for family gatherings and parties. The kitchen features New light gray/beige custom cabinets with dove tail soft close draws, granite countertops and large center island with seating on both sides and built in bookcase on one end. There are Stainless steel upgraded GE Cafe Line appliances including a duel fuel 5 burner Gas range and electric oven vented to the outside. A brick accent wall in the kitchen that ties into the additional gas fireplace and surround wired and ready for your flat panel TV. The brick accent wall will also serve as a back-splash for one wall of kitchen cabinets. The 1st floor Master Suite features a trey ceiling and two rounds of crown molding, corner down lighting and decorative chandler in the middle for a more elegant look. The master bath features a double bowl vanity with granite top and under mounted sinks, framed duel mirrors and decorative sconces. There's a Bubble air jet soaking tub and large separate ceramic tile shower with seamless glass door. You'll appreciate the upgraded master closet with custom California style shelving....

College Basketball is not the only thing on the minds of many in Louisville in March! Buying a Louisville home also ranks right up there. The number of homes going under contract in March 2013 skyrocketed when compared to just one year ago. Louisville experienced a 20.31 percent increase in homes going under contract. The number of homes sold and closed last month also increased when compared to 2012 by 15.66 percent.

With the average selling price up $8000 and the average median price up $5000 over March 2012, the numbers are encouraging for any Louisville homeowner thinking about putting their home on the market. Add to that a major increase in buyer activity and the number of homes on the market, (6,351 as of this blog post) and you have a formula that could see a shortage of Louisville homes to sell in the near future.

Many sellers may be sitting on the sidelines waiting for home prices to increase or a sign that the housing debacle of past years has officially passed. Slowly the news media is picking up on the fact that home sales have picked up. There have been a number of national stories on the increase of home sales, and Louisville’s Courier-Journal has reported one or two stories about an increase in local sales. But it’s far from being enough. Were constantly talking to potential sellers who have no clue where the market is and where it’s going.

 In the meantime we’re seeing multiple offers on some new listings and a number of our Medley Sokoler Team agents are desperately looking for the right home for their buyers. It’s a unique situation; just two years ago real estate agents...

We're just back from the International REMAX Convention where in addition to receiving 2 awards, Bob Sokoler spoke to hundreds of REMAX agents from around the world about his use of videos to help sell Louisville homes. Bob along with wife Norine and agent Debbie Rood also took the Zappos tour with Dani Greer - Zappos Culture Kitten and learned how Zappos has become one of the top companies in the works for customer service.  Bob also met with Social Media Expert Gary Vaynerchuk who explained why using social media is so important to stay in contact with customers. Bob also talked with Real Estate guru Brian Buffini of  Buffini & Company who talked about the future of real estate market.

For more information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky "The Medley Sokoler Team at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

We have not seen a market this hot in 5 years. Louisville Homes are up in price, selling faster and the inventory is down. Thinking of selling or buying? Now's the time. Interest rates are going up and buyers are jumping off the fences.

For more information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky "The Medley Sokoler Team at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

As a realtor it’s reassuring to see that a homebuilder as big as Ball Homes cares about keeping their customers happy.

Up front you need to know that the letter below comes from my Father-In-Law! But this is far from the first tine we have seen Ball Homes do what’s right and repair a home that is 5 years old. I can tell you the first experience I had with Ball hones was about 7 years ago. We had sold a Ball Home (it was 7 years old), the buyers inspector thought there was water behind an area of bricks. Ball said to the homebuyer in front of us, “We don’t think there’s a problem but we’re willing to rebuild it”. WOW! The wall did not have a problem but the fact that Ball lives up to their 10 home warranties sold me as a fan of this builder. Read the letter below from my father-in-law and the next time you’re thinking about building a home, or buying a Ball resale, know that you have builder that cares about their clients.

February 15, 2013

Ms. Lisa Ball

Ball Homes

3609 Walden Dr.

Lexington, KY. 40583

 Dear Ms. Ball,

 In November of 2007 I purchased a new Ball Home in the Williamsgate Subdivision at Crestwood, KY. To say the least I have been quite pleased with the purchase.

 However, there have been a few persistent dry wall cracks that have been reoccurring in exactly the same locations. Ball Homes in the past has been very prompt in handling the repairs, but the issue just never seemed to be resolved.

 Earlier this year I reported to your Lexington Office that the problems were again reappearing in exactly the same locations. In some instances this would be the at least the second or third time, and in one case, the living room, the fourth or fifth time.

A good number of Local Celebrities were on hand Saturday night to help raise money during the Cystic Fibrosis Foundation Celebrity Dinner Party!

For more information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky “The Medley Sokoler Team at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

Would you buy a Louisville home without seeing it in person, too much of a risk you might say? Many buyers would agree with you. But Blake and Katie did exactly that after seeing our sellers home in our Medley Sokoler Team Video. It was love at first sight for these two people. What's even more incredible is that the couple wasn’t even in the market for a home. That's to The Medley Sokoler Team Videos, Blake and Katie knew exactly what they were buying.

Watch the video and see what we do that's different from other Realtors and why we're number in Louisville for volume sales for 2011 and 2012. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky "The Medley Sokoler Team at 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

Despite a chilly January, Louisville Home Sales show amazing improvement over the same time last year.

Homes going under contract shot up an amazing 32.21% last month compared to January 2012.

The number of homes sold and closed increased 18.76% comparing January 2012 and 2013.

But Louisville Home Sellers don’t start celebrating yet! Problems could be around the corner. Mortgage interest rates have started inching up. It’s less that ½ point as 2/1/2013, from 3.25 to 3.65 percent but the increase could be a sign that the lowest interest rates in recent history may be a thing of the past and rates may start a slow climb upwards.

The higher rates may be responsible for the 32.21% increase in homes...

This is an established medical office for family/internal medicine. Located in the heart of the community on the main boulevard with high visibilty. The medical office features an elegant waiting room, 9 exam rooms, one office, restroom, a vital signs room, a nurses'station, laboratory and storage room. Possible lease amount could be $20,000 per month. This office was built per medical office code, however it can be used for any professional application. There is an elevator shaft connecting all three levels. A full basement with two entrances and elevator access provide an additional space for expansion. This property is currently owner occupied. The business can possibly be purchased, but this listing is for the real estate only.
The upstairs living area features 3 bedrooms and 2.5 baths in separate suites, perfect for guest,inlaws and children. One suite has a bedroom, living room, kitchenette, full bath with his and her vanities and a large walk-in closet. Each area has been exceptionally appointed. There is a covered 19' by 19' portico with European designed arches with remarkable views. Other features of the living area include hardwood floors, an artisan crafted kitchen with granite counters and stainless steel appliances, spacious walk-in closets, surround sound with intercom, 12' ceilings,arched doorways and many other amenities!
This is an exceptional opportunity for a medical professional; however, it can be used for other professional applications.
Nearest MSA:  Louisville-Jefferson County
County:  Jefferson
Tax ID Number/APN:  367600490000
Property Use Type:  Vacant/Owner-User, Business
Zoning:  Commercial Office
Tenancy:  Single Tenant
Percent Occupied:  100%
Market Type:  Medium
Property Visibility:  Excellent
Transportation:  Bus, Highway
...

The outlook for the 2013 Louisville Housing Market is amazing. Buyers are finding more ways to get information about homes and sellers are using High Tech agents like The Medley Sokoler Team to list and sell homes faster and for more money than in past years. Louisville Home Sales are expected to go through the roof in 2013, Bob Sokoler explains how and why in this video.

For more information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky "The Medley Sokoler Team at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

Despite fear of falling off a financial cliff the new Louisville Home Sales Numbers for December 2012 show a clear picture of a recovering Louisville Real Estate Market!

Spurred on by the continuation of record setting low interest rates, home prices that have apparently hit bottom and rising home and apartment rental prices, the housing market continues to improve. 

The number of homes going under contract into a pending status went from 829 in December 2011 to 931 in December 12 for a gain of 12.3 percent.

The good news continues with the number of Louisville homes that actually sold and closed. The total went from 860 homes in December 2011 to 975 last month for a 13.37 percent gain.

 More good news comparing December 2011 to December 2012 as the days on market went from 86 to 80 days and the medium price of a home increased $9,000.

 Looking back it was an amazing year for The Medley Sokoler team! We helped 246 families move in 2012! Our Home Sales were up 46% over 2011

 Just two of the highlights from December include a home that had been on the market in Longwood 506 days with different agents. The Medley Sokoler Team took over the listing November 2^nd RAISED the price and with amazing marketing sold it in 21 says. Hear the sellers talk about it at ...

This year has been filled with both Highs and Lows! The Louisville Real Estate Market is recovering,  Louisville Home Prices are rising, jobs are appearing and people are returning to work. Yet The News is filled with tragedy after tragedy! Our Medley Sokoler Team got together today to celebrate the good in the world and look to a safe, prosperous and enjoyable 2013
For more information on this Louisville Home, or information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky "The Medley Sokoler Team" at  REMAX Properties East,10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

FOR IMMEDIATE RELEASE

Real Estate Expert Bob Sokoler Signs Publishing Deal With CelebrityPress For New Book, “Ultimate Home Buyers Guide”

Bob Sokoler, top real estate expert in Kentucky, will team with CelebrityPress, a leading book publishing company, and several leading real estate experts from around the country to release the book, “Ultimate Home Buyers Guide.”

Louisville, Ky. – October 25, 2012 – Bob Sokoler, real estate and technology expert, has joined a select group of the America’s leading real estate experts, along with noted real estate professionals and coaches, Jay Kinder and Michael Reese, to co-write the forthcoming book titled, “Ultimate Home Buyers Guide: The Nation’s Leading Expert Advisors Reveal Their Secrets of Success for Buying Right in Any Market.”  Nick Nanton, Esq., along with business partner, JW Dicks, Esq., recently signed a publishing deal with each of these authors to contribute their expertise to the book, which will be released under their CelebrityPress imprint in Febvruary 2013.  

When it comes to selling Louisville Homes, Bob Sokoler is ranked as number 1 for full service agents in volume among more than 3400 Louisville Real Estate Agents. For more than 20 years Bob was a TV Anchor and Reporter winning several Emmy awards for his work.

Known locally as a technology expert, Bob combines his love of real estate with technology and prides himself on being on call 24 hours a day. Bob is also a licensed agent in Indiana and with a larger combined market to work with he is able to help even more buyers and sellers with their real estate needs. Change to: Working with...

Rare Custom Built Log Home with a Rustic Look that Embraces Modern Conveniences and Style in the Reserve at L'ESPRIT. This 8-year-old Northeastern Log Home is made of Eastern White Pine Wood and uses some of the Log Home industry's most advanced technologies including Triple-Seal Weather-Lock construction for a tight interlocking weatherproof envelope. You're greeted by an expansive covered front porch that overlooks some of the more than 1 acre of land. Enter a great room with a soaring vaulted 2 story ceiling with Rustic Hearth and Gleaming Poplar Wood Floors (see the pictures). Into the Large Eat-In Kitchen and the wood is met by Italian tile that also flows into the adjoining laundry-mud room. You'll find a Prep-Serving-Breakfast Island along with plenty of custom cabinetry, counter top space and pantry. The Spacious Master Suite features His and Hers Walk-In Closets and Custom Antique Vanities with Hand-Painted Porcelain Sinks. There are 2 other good size Bedrooms on the 1st floor (one of them being used as an office and both Bedrooms share another large bath. The Loft on the second floor can double as a fourth bedroom. There are plenty of closets throughout the house. The Finished Walkout Basement includes a Family Room with Stone Hearth and Gas Fireplace Stove, third full bath, a craft room. There's also and unfinished shop- storage-mechanical area. Outback a large screened in covered porch with vaulted ceiling with T.V. outlets and ceiling fan to enjoy the sights and sounds of nature in your private, wooded acre+ yard with extensive landscaping. There‚„s also a connecting Deck with a natural gas outlet for your grill. L'esprit offers a private community park with walking paths, basketball court,...

The new numbers for Louisville Home Sales from the Greater Louisville
Association of Realtors points to an interesting mixed bag of results!
The number of homes sold (and closed) for the month of November
increased more than 15 % over the same month a year ago. But, the number of homes
going under contract were almost the same as a year ago.  On the surface
that may indicate a slowing in home sales momentum generated this year
by a recovering economy,  but look a little closer and you'll see at
least 5 other factors contributing to numbers.

1) November was an election month where much of the attention of many Americans was
focused on who would be in charge of this country over the next 4 years.

2) Talk of the fiscal cliff has home buyers, sellers and even  renters wondering what the next few weeks let alone the next 4 years will look like.

3) Talk of lower interest rates in the next few months (below 3 percent) has been building steam.

4) Concern over income tax hikes when the current tax laws expire also have home buyers concerned over less spendable income.   

5)
Sellers have already come down in price and less willing to make
repairs along with fewer homes on the market than in past years making
selection harder.

A lot of the concern over the economy will
hopefully go away this month if our elected leaders can put self
interests aside and address concerns. If that happens we're already
seeing signs of a good 2013 for home sellers and buyers.

1)  The number of days on the market has dropped from 86 in November 2011 to 80 last month.   

2) Most experts agree that interest rates will remain low for at least another year.      ...

Sometimes we find a property that really impresses us! This is one of them. Here's the perfect place for you or your parents to live! Underground Parking with just 35 steps from your garage space to the elevator and 35 steps from the elevator to the front door of your Condo. Never have to haul grocery bags up stairs or across a room again. Be a part of an exclusive lifestyle! The Shelby House Condominiums can be summed up is one word: SPECTACULAR! Live without worries, without house repairs and with time to enjoy life! Come see the The Fountains, Landscaped Gardens, Resort Style Swimming Pool, Security Front entrance and smile when you find out all the amenities are all maintained for you! Walk into a light open, 1200 Plus Square Foot condo with 2 good sized bedrooms 2 full baths and 2 balconies. The eat-in kitchen has new Stainless Steal Appliances. The large living room will accommodate even the largest furniture. The master bedroom suite features double sinks, garden tub/shower, walk-in closet and personal balcony. The second bedroom offers its own personal balcony and closet. Laundry Room in condo unit. For added convenience this condo is close to the parking elevator, the pool, party room, community Florida and fitness room. The Shelby House has two elevators, tennis courts, a secure mail room, and a secure parking garage (with 2 underground spaces) with guest parking and even a place to wash your car! Need more storage? The Shelby House has plenty of extra storage. New Roof. Maintenance person on staff 5 days a week. For more information on this Louisville Home, or information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Kentucky "The Medley Sokoler Team" at REMAX Properties East,10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

For anyone who thinks the Louisville Real Estate Market is slow, think again! We just sold and closed our 220th Louisville home this year and there are more to come. Nancy Barber is one of Louisville's top re-modelers'. We call her a Louisville flipper. She buys a Louisville distressed property, fixes it up to some very high standards and we sell it. For anyone who thinks the Louisville Winter Home Selling market is slow, watch Nancy's story. For more information about Louisville Real Estate or to work with the hardest working Louisville Real Estate Team in Louisville Kentucky "The Medley Sokoler Team at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.comor call (502) 376-5483.

Louisville Real Estate Buyer & Seller Market Report for November 2012! There are strong signs that Louisville Home Sales are over the hump. If you follow our blog reports on Louisville Real Estate you know the prices of homes have stopped falling and is some rare cases Louisville Home Buyers are seeing multiple offer on homes. The news is good for any Louisville Home Seller because inventory is low and buyer demand is on the increase. So what's really happening to the Real Estate Market in Louisville Kentucky in addition to the rest of the country? We find out in a special Market Report.
For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky "The Medley Sokoler Team at 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.

We Love our Louisville Clients! Nate and Jenny needed to sell their Louisville Home! They had listed it with another agent with no success. Then they contacted The Medley Sokoler Team. Watch the video to see what happens. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky "The Medley Sokoler Team at 10525 Timberwood Circle, Louisville KY 40223 head to http://www.WeSellLouisville.com or call (502) 376-5483.