Typically when buying a home you are excited to close right away and may even have plans to be in the home by a certain date. However, there are times when closing dates are delayed or even pushed back. Buying a home consist of many different contractual deadlines, starting from the very beginning, all the way up to the very end.
Most first-time homebuyers have one question in common - how long does it take to buy a home? Once you find the perfect home, it can take anywhere from 30 to 45 days to close. However, that is if everyone is diligently working together.
Below we will touch on each step and look at how you can successfully close on your home in a reasonable time frame.
A quick look at the local Louisville housing market and the current average home prices in Louisville KY. Numbers and statistics are gathered from our local Louisville MLS for the month of March 2018.
Louisville KY Real Estate Market - March
Number of Homes Sold:
924
Median Sale Price:
$172,050
Days on Market:
44
New Construction Last Month:
30
Homes for Sale
Louisville Housing Market Report 2018
Looking at the statistics from the Greater Louisville MLS, compared to March 2017, the data shows that homes are selling slightly faster. Inventory continues to lag behind the buyer's demand. Median sale price for Louisville real estate in the month of March is up 11% compared to the
We have gathered a list of the top neighborhoods in Louisville. These communities have either been statistically proven over the years to be in high demand, continue to appear in the press and headlines or even high-end communities with luxury dream homes.
List of the Best Neighborhoods in Louisville
Audubon Park
Median Sale Price: $244,000
Located only ten minutes south of Downtown Louisville and the Louisville International Airport. The historical Audubon Park is a beautiful neighborhood that is shaded by mature trees and a park-like setting. Residents also enjoy the private, full-service Audubon Country Club. Featuring golf, tennis, swimming and dining as well.
Depending on your location, there may actually be a dog park just around the corner from you! A great place where you can take your four-legged friend to get some exercise. However, keep in mind, some dog parks in Louisville actually require you to be a paid member for a small annual fee. So be sure to check before making the trip to a certain park.
What are the Best Dog Parks in Louisville?
Below is a list of some of the top dog parks in the area (in no particular order).
The Barklands of Floyds Park: An off-leash dog park located within the Parklands of Floyds Fork. This dog park is opened to the members of the Louisville Dog Run Association. The area consists of three separates 'zones'. Each one is approximately one-acre in size.
Moving can become hectic and stressful fast! Be sure not to procrastinate and get the process started as early as possible.
The average real estate transaction can take anywhere from 4-6 weeks. To help, we wanted you to get a head start! Below is an easy to follow infographic to use as a guide so you can have a successful moving day.
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Many people dream of building wealth. A goal that can seem harder and harder to achieve simply because of lack action. One of the strongest wealth-building vehicles overtime has been the investment of Real Estate. Not just a dwelling, but specifically in the land itself. The history of real estate investing has surprisingly been traced back to cave man drawings and from the looks of it...it's not going anywhere soon.
Real Estate Investing Quotes
Some of the most powerful quotes that can help inspire you to invest in real estate.
"The wise young man or wage earner of today invests his money in real estate." -Andrew Carnegie
"Buy land, they're not making it anymore." -Mark Twain
Below is a great list of things to do in Louisville Kentucky. If you are planning a visit to the area or have just moved here from out of town, there are plenty of attractions and activities for everyone. Click on one of the categories below to jump to the section and discover the many different things to do here in Louisville.
Things to do by Category:
Active Lifestyle Arts & Theatre Entertainment Family & Kids Historical & Museums
Active Lifestyle: Things to do
Beckley Creek Park
A new park system that stretches alongside the Gene Snyder Freeway and Floyds Fork. A collection of four different, unique parks with plenty of amenities. The four parks include Beckley Creek Park, Pope Lick
Typically the real estate market will see a slight dip in the colder months. However, homeowners can still experience success when selling their home in the winter.
So how can you achieve your real estate goals this winter?
As for Sellers, you can take advantage of the winter months by following some of the tips below and making sure your home stands out from the competition. Increase your sale price as if you were selling your home in the spring!
Tips to Selling Your Home in the Winter
Here in our local area, we always see a slow downturn for Louisville real estate in the winter. As a homeowner, you want to take the extra steps to prepare your home so it stands out from the competition.
Must Read: Easy to follow house hunting tips and tricks for homebuyers.
Every day there are countless homebuyers actively scouring neighborhoods looking for a new home. Often only noticing the homes general layout and appeal.
And possibly overlooking costly repairs that the home may need.
This is easy to follow guide will help point out what to look for when viewing a house.
When working with Buyers and viewing houses here in Louisville, KY and homes in Oldham County, KY - we always try to be observant of the less obvious things that can be easily missed when house hunting.
Of course, most of these things will be seen and recorded by the home inspector but pointing it out early leaves
With unlimited access to new listings, valuable sold data, innovative online tools, and FAQ that can be found on Google -- the general public is now equipped with a wealth of information that they certainly deserve when making such a large purchase.
But is that enough?
Buyers can comprehensively get a good pulse on the local market but could mistakenly fumble through a transaction.
Why do I need to hire a Buyers agent?
Buying a home is a long process with many moving parts. If you're not careful - it could quickly become a disaster. The average American will move 11.7 times in their lifetime - or once every seven years. An established agent will easily sell 20+ homes - in a single year!
