The WeSellLouisville.com Louisville Real Estate Blog

8 Great Streets for Strolling in Louisville

Louisville is a very special city and a beloved place to live for so many reasons. One of them is the many activities there are to enjoy by just taking a stroll down some of the city’s most walkable streets.  

Check out this list of Louisville’s most walkable streets and then get out and take a stroll to enjoy the city for yourself.  

 

  • Bardstown Road 

A favorite spot amongst Louisville locals as it is a very fun place to walk around, shop local small businesses, and enjoy a fabulous meal, or enjoy some nightlife. Most of the activity on Bardstown Road is concentrated in the Highlands neighborhood (great for those wanting an outgoing lifestyle at their doorstep). Some popular shops include Acorn and Hey Tiger and popular bar hangs include Chill Bar...

The Sokoler Team 2019 Agent Awards

Our SokolerTeam agents work hard all year long. This past week we had a chance to spend some time at dinner with their families. We added an award component to the event this year. Thank you team for making us number 1 eleven years in a row for helping people in Louisville and Southern Indiana,

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Louisville KY Light Up Christmas Events 2019

Christmas lights are one of the most beautiful and awe-inspiring decorations during the 2019 holiday season. It is fun to grab your favorite people and just drive around town taking in the different light displays on a cold night. Louisville is one of the best places to enjoy Christmas lights there are special light display events as well as entire neighborhoods that go all out and encourage people to come by for a look.  

 

Here are some of the best places in Louisville to enjoy Christmas lights. 

 

Louisville's Most Popular Coffee Shops

One of the favorite places to hang out and just catch up with a friend or to get out of the house in the middle of the day is the local coffee shop. Louisville has some great locally-owned coffee shops that are popular amongst Louisville residents. Here are the most popular coffee shops in Louisville.Louisville's Most Popular Coffee Shops

Highland Coffee

Highland serves up amazing coffees and teas while giving back and being environmentally conscience. The shop donates all used coffee grounds to local farmers because they make great fertilizer. In the winter the shop is heated only through the equipment used in the shop to help conserve energy.

Heine Brothers’ Coffee

Heine Brothers’ is a Louisville local staple with 11 locations around town. The coffee is guaranteed to be expectedly great and consistent in each location, while the vibe of each shop is specific to the neighborhood. People love the coffee, some come in just for the chai, and they enjoy a quick bite or dessert from Deserts by Helen.

Please and Thank You

A hip and trendy spot that fits right into the hip and trendy Nulu neighborhood. Stop in for a cup of coffee and stay to enjoy the DJ booth, baked goods, and selection of records for sale.

Quills Coffee

Looking for a coffee place that takes coffee to the next level? A place that really knows the art and science of a good cup of coffee? Quills is the place for the serious coffee lover. They also sell...

St. Matthews - Neighborhood Highlight

The neighborhood of St. Matthews was once the suburb of St. Matthews prior to the annexation of the area into the city of Louisville in 2003. This neighborhood is home to Louisville’s largest shopping district on Shelbyville Road, plenty of movie theatres, and of course single-family homes that were once part of suburbia.  

History of St. Matthews 

The neighborhood started out as a settlement in 1779 when Colonel John Floyd purchased 2,000 acres. The land transitioned into a rural neighborhood as the land was gifted to soldiers for their service during the French and Indian War and it remained that way until a shopping center was built in the 1920s. The neighborhood saw exponential growth during the flood of 1937 as residents moved to higher ground.  

Related: Best Parks in Louisville

Food and Night Life St. Matthews Homes for Sale

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The Best Places to Eat in the Highlands

The highlands is one of the most popular neighborhoods in Louisville. The highlands is often also called “The Strip” and “Restaurant Row” and is most known for the collection of restaurants, bars, night clubs, and local boutique shops. You will find the highest concentration of bars and restaurants in the whole city of Louisville in the three-mile stretch of Bardstown Avenue and Baxter Avenue in the highlands.  

So with all of these places to grab a bite, where is the best place to eat in the highlands? 

There are many great restaurants in the highlands, almost too many to count. No matter what your taste and food preference you will probably find something great to nosh on within your budget. While it is hard to narrow down the best highland restaurants to just a few we have complied a list of the most popular amongst Louisville locals.  

 Best places to eat in the highlands

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Louisville Real Estate Radio

Packed with Real Estate Questions and answers...What's happening to Real Estate? Buyer or Seller? Love Real Estate? You can listen to our latest Radio Show here! Stay up to date on Louisville, KY Real Estate. Also, check out www.louisvillequestions.com. Be sure to listen to our Louisville Real Estate Show on 840 WHAS Sunday morning from 8:30-9:00 am! Have a question for our team of experts? Call (502) 252-1890 or (502) 376-5483 to leave a question. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Kentucky “The Sokoler Team" at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to www.WeSellLouisville.com. email bob@WeSellLouisville.com or call (502) 376-5483.

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Louisville is Rated a Top City for First Time Homebuyers

Louisville is Rated a Top City for First Time Homebuyers

A recent report put out by website Livability, has just named Louisville among the top cities for first time home buyers. The report focused on the affordability of homes, resale home value, purchasing programs available to first-time buyers, and the overall quality of life in an area. Louisville came in at number 7 on the list of great places to live for first-time buyers.  Louisville is Rated a Top City for First Time Homebuyers

Louisville earned the number 7 spot with a housing affordability index of 80.5; meaning that 80.5 percent of the homes in the area are within an affordable price range for families in the area earning the local median income. Livability also described Louisville as “a cool, thriving, and welcoming place for all.”  

With the median price of homes in Louisville currently at a reasonable $176,300 and...

The Best Places for Cheeseburgers in Louisville

Louisville has some of THE best food around. One of the most loved American eats may have gotten its start right here. The cheeseburger.  

Legend has it that Carl Kaelin, the owner of Kaelin’s a former beloved diner in Louisville for many years, invented the cheeseburger not long after the diner opened in 1934. Of course, there are chefs in California and Colorado who also claim to have begun the popular trend of putting a delicious slice of cheese on a minced meat patty. No matter who truly was first we think Louisville has some of the best cheeseburger joints in the country. Here are some of the best spots to grab a cheeseburger in Louisville: 

 Best cheeseburger in Louisville

Check’s Café 

Serving up a traditional old-fashioned style cheeseburger is Check’s on E Burnett Ave. The single with cheese offers up a hearty and comforting meal for those looking for a classic style cheeseburger. If you are extra hungry go for the double.  

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Best Parks in Louisville Kentucky

One of the most beloved things about living in Louisville is the great parks. Louisville has over 120 public parks just within the metro area and many of them were created by the same landscape architect that created Central park, Fredrick Law Olmstead.  

Best Parks in Louisville

Check out these most popular parks in Louisville. 

  1. Cherokee Park 

Located in the Highlands at the east end of the city, Cherokee Park is quite possibly the most loved park in Louisville. This park is not just a hotspot for locals it is a popular attraction for tourists as well. Cherokee Park sees about 500,000 visitors a year; it is one of...

Why Do People Love Louisville Kentucky

Louisville is known for a few different reasons among those that don’t live here, mainly baseball bats and a name that doesn’t phonetically make any sense. To those who call the River City home, there are so many reasons to love it. Here are some of the top reasons why people who live in Louisville love living in Louisville.  

  1. The Name What do Residents Love About Louisville?

It’s fun to say and if you are not from around here a local may have fun listening to the way you pronounce the name of their beloved city. Nothing confuses outsiders more than how locals pronounce Louisville. Say “Loo-ee-vill” or “Loo-iss-vill” and you will give yourself away like an out of towner right away. Even a spoken “Loo-ee-vul” might turn a head. The correct way to pronounce it is “Loo-a-vul” or if you really want to look like a knowledgeable local you would say “Luhl-vul.” ...

Home selling help on The Louisville Real Estate Show on 840 WHAS

Loaded with Real Estate Questions and answers...What's happening to Real Estate? Buyer or Seller? Love Real Estate? You can listen to our latest Radio Show here! Stay up to date on Louisville, KY Real Estate. Also check out www.louisvillequestions.com. Be sure to listen to our Louisville Real Estate Show on 840 WHAS Sunday morning from 8:30-9:00 am! Have a question for our team of experts? Call (502) 252-1890 or (502) 376-5483 to leave a question. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Kentucky “The Sokoler Medley Team" at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to www.WeSellLouisville.com. email bob@WeSellLouisville.com or call (502) 376-5483.

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4 Things NOT to Do When Buying a House in Louisville

We always talk about things to do when buying a house but what about some things that you should not do in the course of a real estate purchase? When purchasing a home in the Louisville real estate area or any of the surrounding communities and towns, I not only want you to be aware of things that you should do the things that you should avoid as well. These things could affect your credit rating, financing, or your future life in the home.

Buyer Mistakes

Here are four things not to do when purchasing a home.

#1. Buy a home you know you can’t afford.

So many homeowners think that they can max out their budget and find the perfect home for them only to discover just a few months down the line that they no longer have any excess reserve each month if something should break or they ever want to make changes or upgrades. You might be approved for a certain amount but that doesn’t mean that you should always maxed out that budget. If you are approved for $400,000 that is the maximum amount your budget can afford. Anything more than that and you might really be suffering on a monthly basis with your budget. If you choose a home that’s about $380,000 then you know you can comfortably afford the mortgage payment plus set any excess aside in a savings account for repairs or replacements. If you determine now to set your budget and your search criteria lower than what you are approved for, you’ll feel more comfortable and less stressed later on.

Connect with a Buyer’s Agent Now

#2. Not investigate the neighborhood.

So you may have found the perfect home for the perfect price but if you jump into a real estate...

It's Almost Thanksgiving! Time to Prepare for Family or Stage the House

Thanksgiving means parades, football, family, friends, and food- lots of food. It’s all about coming together around a large feast and hopefully reflecting on all of our blessings while enjoying one another’s company. If you are hosting this year that means all of the festivities, people, and eating will be in your home.

Hosting a Thanksgiving feast means spending a lot of time in the kitchen. Since you will be hanging out in there preparing delicious dishes most of the day, it is a good idea to give your kitchen a deep cleaning before the cooking to make your job easier and more enjoyable.

It's Almost Thanksgiving! Time to Prepare for Family or Stage the House

Sink

Get your sink ready to rinse and prep food and then hold dirty pots and pans once the cooking has begun. Give it a good scrub with an all-purpose cleaner or a homemade vinegar solution. Make sure the drains are clear and clean with baking soda. Clean the drain with a half cup of baking soda poured down the drain followed by a cup of heated white vinegar. Let this sit and fizz a few minutes and follow with a quart of boiling water poured down the disposal to flush everything down.

After all the cooking is done send some frozen citrus peels through the disposal to freshen it up.

Dishwasher

On Thanksgiving, your dishwasher is going to be working overtime with the high volume of dishes. Give your dishwasher a quick clean before the big day not only to make it look and smell pretty, but to help it perform better as well. Use these steps to get your dishwasher ready for Thanksgiving Day.

Clean the Drain- remove the bottom dish rack and remove any buildup or food caught in the drain.

Perform a Vinegar...

Cash Flow or Capital Gains in Real Estate Investments

 Which is better in today’s market? Cash Flow Objectives or Quick Capital Gains?

Several years ago when the market was high, it was easy to buy a few properties, hang onto them for a few years and then flip them for quite a decent profit. Today, having that objective may be a lot farther down on the list. While this topic has been debated among investors and real estate mentors alike, the choice for property investors now is to discover what makes the most sense financially; cash flow now or capital gains appreciation later?

An investor looks at the long-term capital gains by investing in property that provides a cash flow on a monthly basis. Those looking for a short-term capital gain within an active market may also be considered more of a trader rather than an investor; trading one property for another in the hopes of gaining a profit along the way. Simultaneously, both seek to gain a profit in the long run either by building slowly or with an initial profit when the property sells.

Buying to sell is an active participant job for an investor. One must be diligent in finding the right properties, investing the right amount of funds, being cautious on their expenditures, and reselling within their profit margin. As one of the Seven Habits of Highly Effective Peoplebegin with the end in mind. Determine what you want long-term to make a decision on how to invest today. Taking good quality investments and having them work monthly for you may offer you a better rate of return then the short-term capital game of buying and selling.

Read more: Tips to Real Estate Investing Success – Use a Mentor

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Who Needs Flood Insurance and How Should They Go About Obtaining It?

Anyone who lives in an area at risk for flooding needs flood insurance:

Between 2008 and 2012 the average residential flood claim was more than $38,000. Flood insurance is definitely a good idea to protect yourself and keep you and your finances afloat. Flood insurance is available to owners and renters of homes and condos as well as commercial owners and renters. Price will vary on how much insurance is purchased as well as what the insurance covers and how much the particular property is at risk.Flood insurance

Every policy form will cover the building and contents. However, contents coverage is optional so you will probably want to discuss covering your personal property with your agent. Also, be aware that there's usually a 30 day waiting period for your insurance to take effect after purchasing it.

When you go to purchase flood insurance:

You may be asked for an elevation certificate. This is a certificate that validates the lowest floor of your home relative to the ground. This certificate will only be required if your structure was built or extremely improved ON or BEFORE your communities date of the Flood Insurance Rate Map. This type of building would be considered post-FIRM. Find out if your building is post-FIRM or pre-FIRM BEFORE buying an elevation certificate. It's important to note, all property owners reserve the right to purchase elevation certificates and it MAY lower your premium.

Also, be sure to ask your insurance agent the following questions:

- What flood zone do I live in and what is the flood risk?

-Is flood insurance required for my property? Will the lender require it?

-Even if it's not required, should I still get it?

-Do...

8 Great Questions to Ask Your Home Inspector

As a buyer, getting a home inspection is a crucial step in the home buying process. It's not something to take lightly or a step in which to cut corners. It's important to have a professional examine the home as this is most likely the largest purchase you'll ever make.

8 questions to ask your home inspector

Here are 8 crucial questions you should be asking a potential home inspector:

#1. What will the inspection cover?

Your inspector should ensure that the inspection and inspection report will meet all applicable requirements that the state of Washington requires as well as practice a code of ethics. You should ask about all the items included in the inspection ahead of time and verify that anything you are concerned about gets covered up front.

#2. How long have you been an inspector?

New inspectors simply don't have the experience that a seasoned and skilled inspector has. No amount of education can come close to the years of experience that well-seasoned inspectors have under their belt. You’ll want to make sure that they have a history in their profession and possibly a few names as referrals. Even though newer inspectors can be qualified, they may work with a partner that is more seasoned until they get the experience needed. Every home is different and the more experience an inspector has the better informed they are about certain areas of the construction of the home.

#3. Are you proficient in residential inspections?

Some building inspectors only deal with commercial so you want to verify that this is a residential inspector skilled and trained in the details of a single family house or condominium inspection.

#3. How long will the inspection take?

Most inspectors take between two and three hours to complete an inspection for a typical single-family...

Louisville Real Estate Show July 8, 2018 on 840 WHAS

Loaded with Real Estate Questions and answers...What's happening to Real Estate? Buyer or Seller? Love Real Estate? You can listen to our latest Radio Show here! Stay up to date on Louisville, KY Real Estate. Also check out www.louisvillequestions.com. Be sure to listen to our Louisville Real Estate Show on 840 WHAS Sunday morning from 8:30-9:00 am! Have a question for our team of experts? Call (502) 252-1890 or (502) 376-5483 to leave a question. For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Kentucky “The Sokoler Medley Team" at REMAX Properties East, 10525 Timberwood Circle, Louisville KY 40223 head to www.WeSellLouisville.com. email bob@WeSellLouisville.com or call (502) 376-5483.

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Crazy Buying Idea? Use Parent's Equity in a Bidding War?

I just read this article today on MSN Money talking about millennial's using their parents home equity as a new weapon in a bidding war. Now, before you completely disregard this idea let's think about the implications of this and how it can be a benefit or a detriment to both parties.

They call it a mortgage merry-go-round; parents can refinance their home to fund the cost of their adult child's new home purchase. This makes the kid a desirable all cash buyer in an area where bidding wars are common. Certain micro markets around Nashville have become hot to seller markets and bidding wars are not uncommon. Having all cash buyer and a quick sale makes it a very attractive offer for sellers. But, do parents really do this and how beneficial is it?

Sellers typically prefer cash even though the terms may not be as attractive as a financed offer. Sellers need to weigh all costs and terms when determining which offer to choose. Use the purchase price is above the list price and it can't be appraised for the higher value, a cash offer can be very attractive. A cash offer doesn't need to be at market value because there is no appraisal there's no home loan. Sellers could get more for their home and the kids are now indebted to their parents instead of a lender.

Read More: Top 4 things all buyers wish they knew before buying

Is this a sign of how difficult it is for millennial's to get into the housing market even for a starter home? Starter homes are typically the fiercest competition and bringing in all cash offer on a starter home in any community is extremely attractive.

But what about just a down...

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