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Louisville Real Estate Agents wish you Happy Holidays!

by Bob Sokoler

We know 2009 was a tough year for many people throughout the United States! We've been working with a number of homeowners who are facing foreclosure. As advanced CDPE (certified distress property experts) we know first hand, the problems! On a good note there are solutions to those problems, we can help. We took time from our team holiday brunch to think about those who are having a rough time.

 

New Louisville home search website makes it simple!

by Bob Sokoler

There is nothing like it in Louisville Kentucky! www.bobshousesearch.com brings together all aspects of a home search, making it easy to find homes, interior pictures, map aerial pictures and more.  The website concept has been in a number of cities around the U.S. but this is the first time home buyers in Louisville Kentucky have been able to use it. The reaction from those who have tried it is amazing. Easy, through and informative are some of the words used to describe the new home search website. The system is free to use for anyone looking for Louisville real estate. Owners of the website, The Medley Sokoler Team are inviting everyone to try the site, even other realtors. For more information about the Medley Sokoler team head to www.weselllouisville.com.     

Louisville Home Sales Skyrocket July 2009!

by Bob Sokoler

It’s the home sale version of the cash for clunkers car rebate!  Louisville area home sales for the month of July jumped through the roof in July of 2009. Our area saw a 21% increase in home sales from July 2008 but were still 13% below the levels of July 2007 (before the housing market tanked).

 Another great sign that the Louisville housing market is going in the right direction, homes going under contract in July 2009 compared to the year before were up 32%.

The peak performing home prices were in the 100,000- 160,000 and 200,000-250,000 price ranges. Clearly the $8000 first time home buyers tax credit and lower interest rates played a major part in the homes sales increase and at the same time the people living in those entry levels homes were able to buy their next home which would typically be in the 200,000-250,000 price point.

The numbers show that the tax credit is a winner and along with the success from the cash for clunkers car traded-in program that was extended again this past Friday, our government should realize that extending and expanding the home buyer tax credit program would go a long way to moving the housing market and economy into the recovered category!  

For more information about The Medley Sokoler Team, head to www.weselllouisville.com

   

July 2009 


Number of Houses Under Contract

This month: 1284

Last month: 1331

This month last year: 0


Number of Houses Sold & Closed

This month: 1276

Last month: 1175

This month last year: 0

 


Average Selling Price

This month: $171,793

Last month: $166,038

This month last year: $0


Average Days on Market

This month: 89

Last month: 84

This month last year: 0


Median Sales Price

140,000

 July 2008

Number of Houses Under Contract

This month: 998

Last month: 932

This month last year: 0


Number of Houses Sold & Closed

This month: 1015

Last month: 1191

This month last year: 0

 


Average Selling Price

This month: $173,521

Last month: $182,971

This month last year: $0


Average Days on Market

This month: 92

Last month: 88

This month last year: 0


Median Sales Price

141,000

Eating Out in Louisville

by Bob Sokoler

Love to eat? Love to try new foods? We have a great suggestion for you! Lonnie’s Best taste of Chicago! Great Chicago Style Hot Dogs, As Louisville realtors selling Louisville Real Estate, we travel all over the Louisville area. When we find a great place to eat, we want to tell you about it. Take a look at one of our favorite places to eat! For more info on The Medley Sokoler Team, head to www.weselllouisville.com

Displaying blog entries 1-4 of 4

Contact Information

Photo of The Sokoler- Medley Team Real Estate
The Sokoler- Medley Team
RE/MAX Properties East
10525 Timberwood Circle Suite 100
Louisville KY 40223
502-376-5483
502 992-4137
Fax: 502-719-8152