The Louisville Real Estate Blog

Barbara Corcoran and Bob Sokoler TV Commerical

Tune in to ABC’s Shark Tank premiering on Friday Sept. 26 at 8/7c to see Bob Sokoler of The Sokoler - Medley Team at RE/MAX Properties East side-by-side with real estate magnate Barbara Corcoran.

Corcoran is Shark Tank’s resident real estate mogul and a prominent self-made multi millionaire. She is now endorsing a select few of the best real estate minds in the country, Bob Sokoler included. Bob Sokoler will appear in a commercial airing during the Shark Tank season premier in several additional episodes throughout the season.

Sokoler’s company,  The Sokoler - Medley Team at RE/MAX Properties East], is a dominant leader in the real estate industry, providing phenomenal service and expertise to a wide base of clientele in Louisville.  Sokoler has been ranked number one for volume for the past three years in Louisville.

Sokoler is also part of the exclusive Radio & Television Experts (RATE) group, an elite network of real estate rainmakers. The RATE group has worked with numerous celebrities in addition to Corcoran, including Glenn Beck and Sean Hannity to spread awareness of the group’s real estate endeavors.

Corcoran is an iconic figure in the New York real estate scene and nationally known as the real estate contributor to the NBC TODAY show.   She has invested in more than two dozen businesses to date on Shark Tank, and has written several well-received books including Shark Tales: How I turned $1,000 into a Billion Dollar Business.

For more information about Louisville Real Estate or to work with the hardest working Real Estate Team in Louisville Kentucky “The Sokoler Medley Team” (AKA The Real Estate Bulldogs) at  RE/MAX...

19th Annual Garvin Gates Blues Festival

19th Annual Garvin Gates Blues Festival in Louisville KY

The 19th Garvin Gates Blues Festival begins Friday, October 10th this year and continues through Saturday, October 11th. This year's festivities are presented by Four Roses Bourbon, The Garden Gate Neighborhood Association, and Councilman David James of the Louisville Metro Government.19th Annual Garvin Gates Blues Festival

The idea for the festival first occurred with an idea to have a Blues jam in the back parking lot of the Rudyard Kipling.  However, the parking lot was small and it was decided to move it near the Garden Gate. Since the festival started back in 1988, some of the top names in Blues have performed on the streets of Historic Old Louisville, where the festival is ALWAYS held the second week of October. Historic old Louisville is the biggest Victorian preservation neighborhood in the country.

This is a free event but it's the proceeds derived from vendor sales and sponsorships that support this festival and the Old Louisville Preservation Project.

Oak Street and Garvin Place will be blocked off to traffic during the festival while bands perform between two different stages. Besides fabulous entertainment, you can partake in food, drink and over 50 craft booths which are open very late. Late craft booths are one of the unique things about this festival.

Large crowds gather at this festival so it's asked that dogs stay home. Also, street parking is available nearby on a first come first serve basis. Please do not bring cans, bottles or coolers into the festival area as they make their support money off the vendors. Image by ...

Louisville and National Home Sales Slow

The numbers for Louisville Home sales are in for August 2014 and there are a lot of questions. First the good news, the average sale price for Louisville homes was up 10.34% compared to a year ago.  The number of continues days on the market was down 9.57. So prices are up and days on the market are down but that’s just the start of the new numbers.

As of this writing Louisville Home sales slowed 8.4% and the number of homes going under contract down 5.0% when compared to August 2013.  The reasons for the slowdown have some experts scratching their heads and the media has yet to pick up on the problem. To those of us working in the trenches the reasons are obvious and it’s just a matter of time till you start hearing about this in the mainstream media.

  1. Foreclosures and short sales have slowed as the economy slowly recovers. So right away there are fewer homes on the market for investors to buy and flippers to scoop up. It’s going to take some time for the investors and flippers to realize the new normal means the quick profits are over (at least for now).
  2. With the supply down, the distressed inventory banks have on their books are being listed for sale at higher prices as banks hope they can recover more money from their inventory homes thanks to rising home prices.
  3. Meanwhile buyers are...