The Blog

Louisville Home Sales Still on the Money

Now is the Time to Sell

by MIKE HALL, Owner/Broker/Agent

Home Construction For Sale Bea Metts

It’s no secret that Louisville has a booming housing market. Record sales in 2016 have continued into this year.

Many experts had anticipated a downturn or correction in the market due to low inventory but, surprisingly, numbers have stayed about the same while prices have increased due to demand. Since this time last year, the price for a new home have gone up approximately 4.8 percent. While this is not a huge increase, it is evidence that the demand for new housing is still present. Many homeowners are reluctant to sell their home at this time because finding a new home that meets their requirements and budget is so difficult in this climate. It truly is a seller’s market.

However, there are new construction projects on the horizon, and there are real estate agents that can help with finding your dream home and getting an offer in before someone else does. If you are a homeowner that wants to sell but worries about finding a new home, contact Red Edge for assistance. Our agents will be able to help you with buying and selling. If you’re a first-time buyer, we will be able to help you into your first...

The Cost of Commuting

We’ll cross that bridge when we come to it

by Mike Hall, Owner/Broker/Agent

Lewis and Clark Bridge

If you commute to and from Southern Indiana you may have been keeping up with the toll situation. Fortunately, you can now save a little money with a little planning.Transponders are available for those who frequent the three tolled Ohio River bridges.

The prepaid transponders are available at Speedway stores in Kentucky and Indiana, and they come as a kit. The kit includes a transponder, a reload card and a customer agreement. The transponder is good for the Lincoln, Kennedy and Lewis and Clark bridges in Louisville. More than 350 Speedway locations currently have the kits in stock. This includes about two dozen Speedways in the Louisville area.

The transponders will save the average passenger vehicle about $2 per crossing depending on if the license plate is registered or not. However, the toll is still approximately $4 to cross twice in a day, which can add up quickly.

If you are thinking about a move to the Kentucky side of the bridge where you work to avoid this toll, a Red Edge agent would be happy to help. You can put the money you would save on the toll toward buying your dream home. We can also help you with selling if you...

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