This is the Season for Slow Home Sales in Louisville

In general, all over the United States, the winter months (especially January) slow everything down. Retail profits decline all across the board. This also includes home sales in Louisville. Less favorable weather can be partially to blame, but also because these past few months came right after a major set of holidays (Thanksgiving, Christmas, New Year’s). Finances are generally lower this time of year as many people are playing catch up from holiday spending. One realtor in the Louisville area reports that as of January 2010, “homes in the 80,000-150,000” ranges are selling well. It’s the “high priced homes that are moving slowly.” These winter-month home sales can mean great deals for buyers. If a seller is putting their home on the market for reasons other than just wanting a new residence,—relocation, financial problems, etc.—you have yourself a motivated seller. They have reasons that branch out beyond the personal desire to acquire a new home. The buyer has a better chance of being able to put in an offer under the asking price and having it accepted. In reality, if you can wait until spring to list your home, it’s the best option for getting it sold quickly and possibly closer to the listing price. However, not everyone can wait for home sales in Louisville until after the colder, holiday months have passed. If you want to buy a home, you might have fewer options on the market in the winter months, but you could very well get more for your money. If you need a flat rate realtor in Louisville, contact Louisville Properties today by calling the office 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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