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606 HIGHWOOD DR - By Bob Sokoler, www.weselllouisville.com

by Bob Sokoler

606 HIGHWOOD DR, By Bob Sokoler, www.weselllouisville.com

Welcome Home to Charming Highwood! Here's a First Floor Condo conveniently located in the Crescent Hill Area. You'll find this Condo has been updated throughout... including a White Cabinetry Kitchen with Stove, Refrigerator, Built-in Microwave & Dishwasher (all to remain)! The Kitchen adjoins and is open to the Dining Area and Living Room this is a true Open Floor Plan. Upgrades include Custom Molding/Trim, Neutral Carpeting & Updated Lighting Throughout. There's an Updated Bath w/Ceramic Tile Floor, Raised Vanity, Mirror & Fixtures. The Large Master Bedroom includes a newer Ceiling Fan & Light Kit, High Speed Internet Hookup, Phone & Cable Hookups. One of the best features of this condo is that is has a Washer & Dryer Hookup inside the unit (this is not a feature in many of the other units) The Condo is located just a stone's throw from the Clubhouse featuring an In-Ground Swimming Pool. Another great amenity of this complex is that it offers a Basement for shelter and includes a large Storage Bin for each unit. Other features include an Intercom Entry System, Small Pets are allowed, Very affordable utilities & low monthly maintenance that includes: Water, Sewer, Trash, Exterior Maintenance, Master Insurance, Pool & Clubhouse! Highwood is located just minutes from Downtown Louisville, Unique Shops, Restaurants, Interstate & Much More

We really hope you enjoy reading our blog as much as we enjoy writing it If you have any questions about Louisville Real Estate as a buyer or a seller please e-mail me directly at bob@bobsokoler.com , call me (502) 376-5483 or visit our websites www.weselllouisville.com or www.louisvillehomestoday.com

Elite Homes does it again!

by Bob Sokoler

Rain normally stops the construction of most new homes, but not when you’re a team member of Louisville’s Elite Homes and working to build a new Louisville home in less than 7 days for ABC TV’s Extreme Makeover! Our Medley Sokoler Team at RE/MAX Properties East visited the set / build site of the newest Extreme Makeover staffed by Elite Homes. This is the 2nd time Elite Homes has worked with the Extreme Makeover crew and obviously the people at ABC TV were pleased with the results of the first Louisville Home Building experience. This new construction project is a bit more changeling because of the weather conditions and size of the lot.  As we wrote about over the weekend, Elite Homes has established a great reputation here in Louisville and is well on the way to another successful build for a very worthy family.

We really hope you enjoy reading our blog as much as we enjoy writing it If you have any questions about Louisville Real Estate as a buyer or a seller please e-mail me directly atbob@bobsokoler.com , call me (502) 376-5483 or visit our websites www.weselllouisville.com orwww.louisvillehomestoday.com

By Bob Sokoler, www.weselllouisville.com Louisville home sales took another plunge last month but there may be signs of some light at the end of the dark basement! First the bad news for Louisville home sellers. The number of homes going under contract in August of 2010 compared to August 2009 was down  9.8% (see the charts below). Additionally, the number of homes closing (actually changing ownership) during the same period was down d12.9%.

Right now the only people who are buying real estate are people being transferred, investors looking for steals and a handful of people who want to try their hand at home ownership.  Once again a lack of confidence in the economy has potential home buyers staying right where they are, locked behind apartment doors.

This really is a buyer’s market, for anyone brave enough to venture into the home buying supermarket, there are blue light specials around every corner. Interest rates are at all time lows, sellers are accepting amazingly low prices for the sale of their homes and there are some real deals out there. For example our Medley Sokoler Team is working with out of town buyers this weekend who can’t believe the amount of home they can get for the money. Our buyers are coming from Maryland, (found us on the internet several months ago) and after looking at 10 homes today are confident they will be writing a contract on a home this weekend. We have a number of those types of buyers coming to town.

Even better news for Louisville home sellers is a new report in The Wall Street Journal Blog today! In a blog post entitled “10 Best and Worst Markets for Real Estate”, Louisville Kentucky Real Estate makes it into the top 10 cities to invest in Real Estate. The WSJ report is based on a soon to be released report by Local Market Monitor, a company that forecasts residential home prices. There updated report, which will be released next week will show positive trends for Louisville Real estate and Southern Indiana Real Estate.

A single report like this may bring in some investors from all parts of the world, but this is just one of a series of reports now hitting the media. If the trend continues, frightened buyers will start to show their heads from behind those closed apartment doors. That will help an ailing housing market and introduce a healthier more robust confidence in our wavering economy.  Just what our buyers and sellers are hoping for!

Number of Houses Under Contract

This month: 1092

Last month: 1119

This month last year: 0

Number of Houses Sold & Closed

This month: 935

Last month: 999

This month last year: 0

Average Selling Price

This month: $173,415

Last month: $176,838

This month last year: $0

Average Days on Market

This month: 74

Last month: 79

This month last year: 0

Median Sales Price

144,250


THE MONTH OF: August, 2009
Number of Houses Under Contract

This month: 1211

Last month: 1284

This month last year: 0

Number of Houses Sold & Closed

This month: 1074

Last month: 1276

This month last year: 0

Average Selling Price

This month: $166,106

Last month: $171,793

This month last year: $0

Average Days on Market

This month: 84

Last month: 89

This month last year: 0

Median Sales Price

137,500

We really hope you enjoy reading our blog as much as we enjoy writing it If you have any questions about Louisville Real Estate as a buyer or a seller please e-mail me directly at bob@bobsokoler.com , call me (502) 376-5483 begin_of_the_skype_highlighting              (502) 376-5483      end_of_the_skype_highlighting or visit our websites www.weselllouisville.com or www.louisvillehomestoday.com

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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