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The WeSellLouisville.com Louisville Real Estate Blog

Fun Things to Do This Holiday Season in Louisville
Posted by Bob Sokoler on Wednesday, December 17, 2014 at 1:11 PM By Bob Sokoler / December 17, 2014 Comment

5 Things to do in Louisville this Holiday Season

 

It’s that time of year again when holiday party’s start booking up weekends, Christmas lights and decorations line the streets of Louisville and you’re looking for some holiday fun. We have put together a list of five fun things for you to do this holiday season.  5 Things to do in Louisville this Holiday Season

 

Remember, whether you are moving into a new home this holiday season or just looking for something festive to do, the Sokoler Medley Team is here to help.  

 

  1. Lights Under Louisville – The Louisville MEGA Cavern is transformed into a spectacular display of lights and decorations for the holiday season. The underground drive through cave has more than 850 light displays and over 2 million lights to see throughout the ride. Open to the public on weekends, this provides a perfect holiday show from the comfort of your own vehicle. Drive through roughly 17 miles of underground passageways, it should take around 30 minutes to complete. Your family will be in awe at this premier Louisville holiday light event!

 

  1. Galt House Hotel – Located on Main and 4th street, the Galt House Hotel has made a huge holiday transformation this year and offers many fun and exciting events to attend. You can have breakfast with Santa, sit in his sleigh in front of a green screen, ride the peppermint express train and if you want to experience all Galt House Hotel has to offer, they have created a few overnight packages with...

Louisville Home sales fall short in November 2014
Posted by Bob Sokoler on Thursday, December 4, 2014 at 10:44 PM By Bob Sokoler / December 4, 2014 Comment

Louisville home sales for November 2014 are down 12.9% compared to November 2013. The only explanation for the drop is the number of homes on the market is down 11.7%. It’s believed buyers are waiting to see better prices and a larger selection of homes. Certainly interest rates are not hampering home sales, rates are currently hovering at or below 4%. The weather has not really been a factor, the economy appears to on the mend and world events like the Ebola outbreak and wars have not been front and center headlines.

So with confidence growing, rates and gas prices dropping we should be seeing more home sales. Ultimately the only change is the number of homes buyers can choose from.  There is some good news; the number of homes going under contract in November was up 6.7% from the year before. But as we’ve pointed out over the past number of months some of those pending contracts will fall apart because of appraisal problems, home inspections point to problems sellers won’t address or buyer financing problems.

There is better news for the average days on market; down 15.56% from a year ago. In November 2013 it took the average home 103 days to sell, fast forward one year to November 2014 and that same home would sell in 88 days. The reduction in days on market is directly attributable to the fewer number of homes on the market for buyers to choose from during the month of November 2014.

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