Successful Home Sales in a Slow Louisville Real Estate Market

Even though home sales are on the rise after an economic downfall, the market is slower than it has been in past years. The values of homes overall remain less than what they were before the economy took a dive. However, note that just because home sales are slow in the Louisville real estate market, selling isn’t impossible. There are several ways you can better prepare your home to weather a tough market. For starters, make all the necessary repairs. The majority of buyers that would have been satisfied with a fixer-upper are now looking for a move-in ready home. This includes roof repairs, plumbing issues and simple paint jobs. Secondly, you need to be realistic in how you price your home. Agree to list your home in the price range of other homes in the area. Sometimes it’s difficult to take less than what you feel your home is worth, especially now in a slower Louisville real estate market. It may also be less than what you paid when you originally purchased it, and that can be a low blow if you’ve made many improvements. Finally, retain an agent who has a good record. This is more important now than ever. If your agent is averaging six months to sell a home, that’s a long time. You’re going to want to find someone known to sell fast. Not all Realtors™ are created equally. You need to make sure your house is listed with an agency that knows how to get homes sold. Contact Louisville Properties at 502.744.9504.

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James Powell

Jim Powell has over 20 years of experience buying and selling luxury real estate in Louisville, KY and Managing over hundreds or rental properties across the city.
Jim Powell (License #191501)

Lauren Ghanavatian

Lauren Ghanavatian attended Assumption High School and the University of Louisville. Growing up in Louisville gave her a sense of the unique and diverse communities this city has to offer.

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Louisville Properties is a full service Louisville Real Estate Company for buyers and sellers of real estate. We offer the following services
3418 Frankfort Ave #100 Louisville, KY 40207 Louisville, KY 40207
United States
Phone: 1-502-744-9504

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