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Ford Creating 5,000 Jobs with New Plants

Hardin County Will See a Major Influx of Positions

By Mike Hall, Broker/Agent/Owner

Ford

Ford is opening two plants in Hardin County.

Ford is extending its long-standing relationship with Kentucky from its huge operation in Louisville and into nearby Hardin County with the addition of two new plants focused on the production of batteries for Ford’s electric vehicles.

The two facilities are expected to create more than 5,000 jobs in the area, bringing in new workers and providing solid employment for those who need it in the community.

As Ford moves forward into the production and distribution of more eco-conscious vehicles, these plants will be essential. Kentucky was an ideal location for the new plants, and it’s expected that the investment into Ford will result in more jobs, more businesses, more economic growth and stability, and more men, women, and families on solid ground for buying homes and investing in the area.

The first plant should be in production by 2025 with the second plant following in 2026. Just another reason Kentuckiana is a great place to live and work.

[Source: Louisville Courier Journal]

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Fall-Fresh Curb Appeal for Louisville

Help Your Louisville-Area House Stand Out!

By Mike Hall, Broker/Agent/Owner

Autumn front porch

Help your curb appeal with some fall updates

Now is a great time to put your house on the market. And … a little fall fresh-up will go a long way toward giving you an extra edge in this intense Louisville market! If you’re ready to sell or shop, talk with an agent today about your options and advantages.

  1. Rake those leaves! Some natural fall foliage can help your house feel cozy and inviting, but it’s better to keep the yard clear of unsightly brown leaves and spots in the grass.
  2. Fall flowers for color. Replace the seasonal summer blooms with some hardy, fall-colored flowers that will keep your property looking open-house ready!
  3. Fancy front door! Whether it’s an attractive autumn-inspired wreath or a fresh new color for your front door, creating a welcoming entrance can make a big difference.
  4. Exposed exterior. With fewer leaves and plants shielding the exterior of your house, dirt and a year of residue will be more obvious. Use these first few warmer days of fall to power-wash and clean the...

Louisville Housing Market Remains Fast and Furious

Houses will likely continue to sell quickly in Louisville

By Mike Hall, Broker/Agent/Owner

House for sale

It’s still an ideal time to sell your house!

With the Greater Louisville Association of Realtors reporting that sales are up 13% from this time last year, it doesn’t look like the current housing market is slowing down anytime soon.

The situation is largely due to the lack of inventory. Fewer houses are for sale, so each available house is getting more attention. The inventory of houses for sale is down 38% from this time last year. Typically, houses are still on the market fewer days and going for higher prices than before, but there might be a slight decrease in how many offers each house is getting.

The decrease could be due to a slight increase in houses available, plus some overconfident sellers are asking more than what new buyers might be willing to pay. As buyers decide they can wait, fewer bids are coming in for each house, though the demand still far outpaces the supply.

Finding a trusted Realtor can help you price your house just right and navigate the viewings, offers, and short turnaround times. Talk to an agent today about selling your house in this ideal time!

[Source: WDRB.com]...

What to Expect on Closing Day

Here’s everything you need to know for a smooth finish

By Mike Hall, Broker/Agent/Ownerclosing table

Closing day clarity for buyers

With houses being bought and sold in record times in Louisville as well as across the nation right now, first-time home buyers might find themselves at a closing day table sooner than they expected.

Our agents are here to help you feel comfortable and prepared for the big day, and we’ll walk you through each step of the process. Talk to an agent today about what to expect and how to prepare, but you can also find help from this overview!

  1. Expect a Long Experience – The whole signing process could take more than 2 hours! It’s often shorter than that, but you should block off plenty of time in your day for reading and signing papers.
  2. Who’s Coming? — Depending on the situation, you might see a whole crowd or just a couple other people on your closing day. The seller and his or her team might be there, or it might just be you, your agent, and the mortgage representatives. In some cases, an attorney might be present, too.
  3. Plan Ahead! — Your agent will remind you exactly what you need...

Avoid These Mistakes When Buying and Selling at the Same Time

It’s a tricky process, but it can definitely be done!

By Mike Hall, Broker/Agent/Owner

Signing papers

Buying and selling at the same time can be crazy!

It’s pretty common to be selling your house while simultaneously buying another house, but that doesn’t mean it’s not stressful! But we’re here to help you navigate that process.

Here are eight mistakes to avoid when buying and selling homes at the same time.

  1. Don’t wait until the last minute to prep your house. Make sure all the little projects and fixes are done, so you’re not scrambling to list it when you’re ready to make an offer on another house.
  2. Make sure you have a back-up plan! The chances are very slim that everything will perfectly align on the exact same day for signing and moving. Have a plan for temporary housing or storage.
  3. Know your budget. Don’t assume what kind of house you’ll be able to buy until you get a solid new pre-approval for the new house.
  4. Include plenty of cushion. While your house might sell well, this crazy market means that the houses you are looking for will also go quickly for high prices. Plan for the...

3 Tips for Coping with Home-Buying Stress

Your Anxiety is Normal – and Avoidable!

By Mike Hall, Broker/Agent/Owner

woman stressed looking at computer

You don’t have to be worried!

Home buying was already one of the most stressful activities you could do, especially for first-time buyers.

But throw in a mad market along with COVID fears and restrictions, and it can be downright terrifying. It’s normal to have heightened anxiety, a rollercoaster of emotions, and a smorgasbord of feelings. But when the home-buying tension has you wound tight, first – let your agent talk with you and calm your fears. Second, consider these three tips for fighting your home-buying anxiety.

  1. This is new for you, but not your broker! Each home buying venture is unique, but your broker has seen it all. Instead of getting nervous about each delay, change, paper, and question, trust the process and the team you’ve assembled around you to help.
  2. Everybody feels cold feet. Choosing a home is a big choice, and there are always going to be more houses, more factors, and competing must-haves. It’s normal to worry that the house you picked isn’t actually the one you want. Instead of waffling and wondering...

It’s Still a Great Time to Sell in Louisville

High Demand and Low Inventory in Louisville

By Mike Hall, Broker/Agent/Owner

Beautiful home interior

Buyers are looking for homes!

2021 is shaping up to be a pretty wild year for selling homes in Louisville. The demand for houses is still greater than the supply, so many sellers are seeing shorter time on the market and greater values and bids for their homes. Between 2018 and 2021, Louisville’s average sale price increased more than 20%.

It can be argued that the pandemic and quarantined year of 2020 has had at least some impact on the surge in buyers. With more time being spent at home, people are finding that they could use a home office, gym, or dedicated play space for their children. Others were waiting last year because of the restrictions and uncertainty, and now they’re joining the other home buyers in 2021.

Adding to the demand, interest rates for loans remains at historically low levels, motivating many buyers to act now.

If you are considering selling your home, now is a perfect time! Talk to a Red Edge agent today to take advantage of this opportune season to sell your house well!

[Source: WDRB.com]

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Tips for Buying a House in a Seller’s Market

You can still find your next home!

By Mike Hall, Broker/Agent/Owner

Louisville home

Buy your home with confidence, even in a seller’s market!

There’s no denying that Louisville is a seller’s market these days. Lots of buyers plus limited available properties is not ideal for potential home buyers. But you don’t have to delay or despair! Talk with an agent today to explore your options and strategies. While you search, consider these handy tips for buying your next house in a seller’s market!

  1. Qualify for a low mortgage rate: You’re going to need every advantage, so take some time to improve your credit score by paying down debts, settling accounts, and checking for errors.
  2. Get Pre-Approved before you search: In this fast market, you’ll want to be able to make an immediate offer with confidence, knowing that the funding is already secure.
  3. Work with an experienced agent: You don’t spend your whole day studying the ins and outs of the real estate world, and you’ll benefit from the help of someone who does! They’ll have all kinds of insider information that will help you land your dream home.
  4. Consider waiting: ...

600 Properties in Louisville

Landbank Authority lists more than 600 vacant properties for sale

By Mike Hall, Broker/Agent/Owner

Paint

Maybe one of Louisville’s vacant properties is right for you.

Louisville’s Landbank Authority has listed more than 600 properties for sale. Some are vacant lots and others are homes that have been abandoned or foreclosed. The city buys the locations and sells them below market value with the goal of getting homeowners into Louisville’s houses. Proper funding and know-how might be a requirement in instances of extreme renovation or building.

Especially if you’re looking to buy a home in the west or south sides of Louisville, this might be a good option for you. Lots range in price from $1 to a few thousand dollars. Most purchases are renovated to be rentals, single-family homes, or extended lawns.

If you’re interested in taking on a fixer-upper home, talk to an agent today about how we can get you remodeling your dream home right away!

[Source: WDRB.com]

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How is the Louisville Market Looking for 2021?

Louisville Housing Market Trends

By Mike Hall, Broker/Agent/Owner

Louisville bridge in background

A quick overview of the housing market in Louisville.

Is it still a good time to sell your home in Louisville? With interest rates still low and available housing down more than 40%, 2021 looks like it will have a great market for sellers. Despite the economic hardships of 2020, many buyers are eager to get settled and sales are up.  

Starter and mid-level homes priced well on the market are going very quickly, often with multiple bids. Even through the cold months, the demand is steady. Many are predicting that sales in 2021 will continue to rise by 3-5%, with prices also rising 7-9%.

If you’re looking to sell your home, now might be the ideal time. Talk to an agent today about how we can help you get the best buyer and experience. If you’re wanting to buy and you’re overwhelmed by the competitive market, we’d love to help you find your perfect home.

[Source: LaneReport.com]

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