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Bob Sokoler, of The Medley Sokoler Team, Louisville, KY, Named a Member of North American “Top 5 in Real Estate Network®

LocalBob and Norine Sokoler

Realtor Earns Most Prestigious of all Industry 

Achievements

Reaching the pinnacle of his profession nationally, Bob Sokoler of The Medley Sokoler Team was today accepted as a Member of the Top 5 in Real Estate Network®, the most prestigious of all industry achievements.

More than just a sales-driven recognition, the Top 5 in Real Estate Network meets a need that heretofore has never been addressed – helping consumers identify the most professional real estate agents in North America. To qualify, each member must first meet a stringent set of criteria, based upon performance, as well as educational and professional skills and service to the consumer.

 The Top 5 Network is carefully selected and managed by RISMedia, which has provided the real estate industry with objective, unbiased news for nearly 30 years, and Pinnacle Quest Consulting, RISMedia’s Top 5 management partner.

 Verl Workman, the President of Top 5, congratulated Bob Sokoler for earning this top status within the industry. “Bob has reached the very highest level of North America’s residential real estate industry. Not only are his professional accomplishments extraordinary, he has long been a true champion for homebuyers and sellers in his area. It is a pleasure to welcome Bob into this elite group of industry leaders.”

 According to John Featherston, Chairman of RISMedia, the significance of Top 5 in Real Estate is that consumers deserve full transparency regarding all matters related to the real estate transaction, which often begins with the need to select a highly competent, experienced and results-oriented...

Louisville Home Sale for May 2013 - Up

Blame it on mild temperatures, the threat of interest rates rising or returning confidence in the economy. But plain and simple the Louisville housing market is back with a bang. Home sales continue to increase over past years and the price of homes in many parts of Louisville is on the rise. The number of homes going under contract in May 2013 was up 16.09% over May 2012 (see the raw data below). Equally as encouraging to home sellers is the number of homes that actually closed during the month of May 2013. Louisville saw an increase of 17.26% over the year before.

Another factor guaranteed to put a smile on the faces of sellers is the fact that the average price of homes is up 7.88% over May 2012. But that number needs a little explaining because there appears to be fewer foreclosures and short sales on the market so buyers are looking at fewer deals than in the past. Since discounted foreclosure homes are tougher to find, buyers are buying homes in a little higher price range. That plus the increased demand is helping to drive up prices a little faster than expected. This should come as a warning sign for buyers that are waiting to buy. Even a months delay could cost you money.

In fact we have investors looking to purchase foreclosures, fix them up and flip them but can’t find anything worth purchasing. Banks have been watching the headlines as well and are less reluctant to put homes on the market just for the sake of getting them sold. From where we sit it looks like...

LOUISVILLE Market Trends

Total Properties Listed: 5,694
Month-Over-Month Change: 0.76%
Average Days On Market: 175
Total New Properties Today: 9
Median List Price: $159,000
Month-Over-Month Change: 11.97%