A podcast about life, the universe and anthropology produced by David Boarder Giles, Timothy Neale, Cameo Dalley, Mythily Meher and Matt Barlow. Each episode features an anthropologist or two in conversation, discussing anthropology and what it has to tell us in the twenty-first century. This podcast is made in partnership with the American Anthropological Association and with support from the Faculty of Arts & Education at Deakin University.
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Контент предоставлен JP Pirtle. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией JP Pirtle или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
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Then vs. Now: How Was Our January Market?
Manage episode 198003345 series 1084028
Контент предоставлен JP Pirtle. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией JP Pirtle или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
How does this year’s January market compare to what we saw in 2017? Today I will go over a few statistics.
Buying a Louisville home? Get a full Home Search
Selling your Louisville home? Get a free Home Value Report
The first month of 2018 is already behind us, so today I will be going over a market recap for what we saw this January. I would also like to take a look back at our January 2017 market.
Thanks to all of you, 2017 was my company’s greatest year. I want to express from the bottom of my heart how much I truly appreciate all of your support, referrals, and business.
This year is already off to a great start. Inventory is still really low, with under 3,000 homes on the market as we speak. The average number homes on the market for this January was 3,472. In January of 2017, the average number of homes on the market was close to 4,000
As for absorption rate, we saw 2.28 months this January compared to 2.66 months in 2017.
The average sales price for January 2018 was $217,000, up from last year’s $195,000. This shortage of inventory is really causing prices to rise, which means it’s a great time to put your home on the market.
“
”
Thanks to all of you, 2017 was my company’s greatest year.
”
Homes this January spent an average of 64 days on the market, which is 10 days fewer than the average days on market last January.
The number of homes sold in January is relatively similar between 2017 and 2018, with 983 homes sold this year and 986 sold in 2017.
Also, interest rates are finally beginning to rise. They currently are sitting at about 4.115% with an APR of about 4.2%. The statistics for our rates have been provided by Statewide Mortgage, who I highly recommend for any of your real estate needs.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 эпизодов
ПоделитьсяManage episode 198003345 series 1084028
Контент предоставлен JP Pirtle. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией JP Pirtle или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
How does this year’s January market compare to what we saw in 2017? Today I will go over a few statistics.
Buying a Louisville home? Get a full Home Search
Selling your Louisville home? Get a free Home Value Report
The first month of 2018 is already behind us, so today I will be going over a market recap for what we saw this January. I would also like to take a look back at our January 2017 market.
Thanks to all of you, 2017 was my company’s greatest year. I want to express from the bottom of my heart how much I truly appreciate all of your support, referrals, and business.
This year is already off to a great start. Inventory is still really low, with under 3,000 homes on the market as we speak. The average number homes on the market for this January was 3,472. In January of 2017, the average number of homes on the market was close to 4,000
As for absorption rate, we saw 2.28 months this January compared to 2.66 months in 2017.
The average sales price for January 2018 was $217,000, up from last year’s $195,000. This shortage of inventory is really causing prices to rise, which means it’s a great time to put your home on the market.
“
”
Thanks to all of you, 2017 was my company’s greatest year.
”
Homes this January spent an average of 64 days on the market, which is 10 days fewer than the average days on market last January.
The number of homes sold in January is relatively similar between 2017 and 2018, with 983 homes sold this year and 986 sold in 2017.
Also, interest rates are finally beginning to rise. They currently are sitting at about 4.115% with an APR of about 4.2%. The statistics for our rates have been provided by Statewide Mortgage, who I highly recommend for any of your real estate needs.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 эпизодов
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Louisville, KY Real Estate Podcast with JP Pirtle
Today on “JP Pirtle TV,” we’ll compare the market from June 2019 to that of June 2018. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Before I begin today’s topic, I want to make an announcement: We are now opening a brand-new office out in Mount Washington on Highway 44. We’re very excited about expanding our business and being able to serve more people in Bullitt, Odom, Nelson, Larue, Marion, and Hardin. Thank you all for your referrals and your business that has allowed us this growth. Now, back to our topic: How does the market from June 2019 compare to that of June 2018? Let’s take a look. In 2019, we sold about 1,730 homes, whereas in 2018, we sold 1,751. The average sales price in June this year was $245,000, compared to the average of $234,000 in June 2018. The average days on market this year was 50 days, whereas it was 53 days last year. The absorption rate for this June was 2.76 months, and in June 2018, it was 2.7 months. This year, there were 4,074 active listings, which is a step down from last year’s 4,116 active listings. Our interest rates are currently hovering around 4%, which is a reduction from last year’s 4.5% rates. (These interest rates are compliments of Statewide Mortgage , a great company for all your refinancing needs) If you have any questions about the numbers from our market or what they mean for your real estate goals, feel free to reach out to me. I’d love to hear from you! As a final note, I’ll leave you with my quote of the month from Big Willie: “Your attitude will always determine your altitude.”…
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Louisville, KY Real Estate Podcast with JP Pirtle
Our team doesn’t just help sellers list on the open market. We also buy homes outright. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Whenever our team works with a seller, we always give them two options: They can either put their property on the market, or we can purchase it from them outright for cash. We recently worked with a seller who chose the latter, and they couldn’t have been happier with the results. In fact, we were able to offer more money than they were probably expecting. We can offer you this same convenient experience, too. Or, of course, we can always help you list on the open market, as well. If you’d like to learn more or if you have any other questions, feel free to give us a call or send us an email. We look forward to hearing from you soon.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Today I’d like to tell you a story that demonstrates how excellent of a time it is to be a seller in our market. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report We’re coming to you today from a great home here on Duker Street. This property has an awesome story behind it that we’d like to share with you today. The owner of the property was a really nice lady who once gave us a call because she needed help: She didn’t know if she wanted to list the house on the market or sell it outright. Of course, the Dream J.P. Pirtle Realtors team always offers our sellers both options. “ Right now is a great time to sell your home. ” In the end, she didn’t want to list the home, so we ended up buying it from her. We were actually able to give her a lot more for it than she had even asked for in the first place, which made her very happy. This Duker Street home is in a great area right across from a school, and (even in the video above) you can even hear how happy the children here are. We may decide to rent it out, but that decision isn’t final. If you’d like to learn more about it, feel free to contact us! The moral of this story is that right now is a great time to sell your home— our spring inventory is very low, which means your home is in high demand, and interest rates are still historically low as well, meaning you’ll probably get more money for your home this year than you would have in any of the previous 10 years. The market is hot. If you need advice about selling your home or would like us to do a no-obligation, free comparative market analysis to help you find out what your home would be worth, reach out to us. We can either help you list your home on the market or make you an offer for it ourselves. I hope to hear from you soon!…
As we head into the summer, I wanted to bring you a quick update on the Louisville real estate market. Here’s what you need to know. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report As we head into the summer, I wanted to bring you some of the latest numbers from the Louisville real estate market in April and compare them to what we saw at this time last year. Here are some of the statistics I’ve been keeping my eye on: Home sales are down from 1,583 to 1,442 Our average sale price is up to $223,000 from $220,000 The average days on market stayed relatively flat, going up slightly to 64 from 62 The absorption rate sits at 2.48 months, which is up from the 2.33 months we saw last year Active listings are low, but they’re slowly creeping up. They sit at 3,687 currently, which is up from 3,554 last year The average interest rate for a 30-year mortgage has dropped back below 5% and now sits at 4.5% “ Interest rates have dropped back below 5% to 4.5%. ” Thanks to my great friends at Statewide Mortgage for providing me with the interest rate update. Last but not least, it’s time for our monthly quote. This month’s quote is: “If we ever forget that we are one nation under God, then we will be a nation gone under.” -Ronald Reagan. If you have any questions for me in the meantime or need any real estate help at all, don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you.…
The latest news from our Louisville area market is here, so let’s review some of the most significant ways things have changed since last year. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report The weather is getting warm out there, and our real estate market is heating up, too. To demonstrate this, let’s review some year-over-year statistics from March of 2018 versus March of 2019. In March of 2018, 1,429 homes sold in our local market. This March, that number dropped down to 1,361. This may not be a significant change, but it does reflect some of the other developments we’ve observed— namely, the increases in inventory and average sales price. Inventory rose over this same 12-month period from 2.3 months’ worth of supply to about 2.45 months’ worth, leaving us with 3,500 active listings in March 2018 and 3,600 in March of this year. The average sales price, meanwhile, rose from $208,035 to $217,619. “ There are plenty of opportunities in our Louisville market right now, regardless of your real estate goals. ” Likely as a result of these changes, the average number of days that listings spent on the market in March also changed, going from 67 in 2018 to 75 in 2019. Last but not least is the matter of interest rates. Last March, the average interest rate for a 30-year fixed mortgage in our area was 4.4%. Interestingly enough, the average interest rate this March actually decreased, sitting at 4.33%. This is great news for anyone looking to buy, and our still-low inventory levels indicate favorable conditions for sellers, too. In short, our current market conditions are prime for buyers and sellers alike. There are plenty of opportunities in our Louisville market, regardless of your real estate goals. If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.…
These seven seller tips are sure to make your home sale go off without a hitch. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report To sell your home for the highest possible price and in no time, your selling strategy should be comprised of these seven tips: 1. Clean the home top to bottom. Your home should sparkle to the point that eating off the floor doesn’t seem like a bit of a stretch. Buyers will take notice of a home that is spic and span, is freshly painted, and has carpet that looks good as new. "This is sure to earn you a great ROI." 2. Get rid of clutter and personal items. The more clutter that’s strewn about your home, the worse your chances of selling for top dollar are. Removing personal items and clutter will give buyers an unobstructed view of what the future could look like for them and their family in the home. It’ll be hard for them to do that if your family photographs are hanging on the walls. 3. Remove large furniture. Big, bulky furniture shrinks your home—at least that’s the way it’ll be perceived. To showcase as much of your home’s square footage as possible, think about relocating bigger items to storage in the meantime. Additionally, the furniture that you leave in the home should look new and fresh, so think about removing dated or ratty-looking furniture as well. “ Buyers will take notice of a home that’s spic and span, is freshly painted, and has carpet that looks good as new, and this is sure to earn you a great ROI. ” 4. Hire a professional real estate team. And yes, I mean “team.” Did you know the average agent in our area sells five homes or less each year? For our part, my team sells 400-plus homes year in and year out. Simply put, it’ll be of great benefit to you to work with a team that has a proven, repeatable system to sell homes. If you needed surgery on your back, would you hire a surgeon that does upward of 20 procedures of this kind per month, or the surgeon that does less than five a month? The answer seems obvious because it is. 5. Find a team that can create demand and has a great marketing plan. We spend $300,000 marketing our clients’ homes on a yearly basis, and with us, your home will appear on a TV advertisement two to three times every weekend until it’s sold! Through our digital marketing plan, you can count on us for professional photography and to maximize your home’s exposure on various social media platforms. 6. Find a team that has a trade program. Many move-up buyers have a home they need to sell, and if one of these buyers makes a winning offer on your home, we can buy their property for cash. 7. Price your home to sell. Your agent’s responsibility isn’t to tell you what you want to hear with regard to your home’s value, it’s to be forthright about what price you should set it at so that you’ll earn top dollar on your home sale. If you plan to buy or sell a home soon or for any advice related to real estate, feel free to give us a call at 502-458-2722. We’d be happy to come out and give you a free market analysis, and we look forward to speaking with you!…
Our market is looking great, and we have the numbers to prove it. Here’s what they say. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report The latest numbers are in for February’s real estate market, so today we’ll be comparing our 2019 stats with those of 2018. Things are looking good, but let’s put a magnifying glass on the metrics: There were 1,166 homes sold in February 2018 and 1,055 sold in February 2019. The average sales price was $204,500 in February 2018 and $216,500 in February 2019. The average days on market was 69 in February 2018 and 71 in February 2019. There was 2.26 months’ worth of inventory in February 2018 and 2.41 months’ worth in February 2019. There were 3,449 active listings in February 2018 and 3,601 in 2019. As you know, I always love a good quote. With springtime around the corner, I feel like this one fits well: “ “The day the Lord created hope was probably the same day he created spring.” —Bernard Williams ” If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon. In the meantime, enjoy the beautiful weather!…
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Louisville, KY Real Estate Podcast with JP Pirtle
If you want to buy and sell a home at the same time, you need a skilled, experienced real estate team behind you. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report If you need to buy and sell a home at the same time, that’s a tricky prospect in our current market. Several years ago, we agents could coordinate these two transactions much more easily. Now, things have changed. Two or three years ago, inventory in our market started to shrink. Before that time, we had as much as 15,000 available homes on the market. Now, we have a little over 3,000. In other words, we’re still in a strong seller’s market, which means you need an aggressive, strategic marketing program to get your current home sold quickly. If you work with our team, that shouldn’t be a problem. “ Once a home goes live in this market, it’s a challenge to get to it before anyone else. ” The real question, though, is what you’re going to do with your next home. Are you upsizing or downsizing? In either case, you need the services of an experienced team with the tools that can help you locate the right home, make an offer on it, and get it under contract before any other buyers know about it. Once a home goes live in this market, it’s a challenge to get to it before anyone else. As far as experience goes, the agent you work with should be a full-time Realtor and be a part of a team that sells roughly 500 homes a year. If you give us a call, we’d be happy to give you a market evaluation and tell you how we can get you to the closing table on both sides of the transaction with the least amount of hassle. If you have any other questions about our market, feel free to reach out to us as well. We’d love to help you.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Now is the time to take hold of your goals and make them happen. Don’t wait another day to chase your dreams. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Our team has already been very successful so far this year in helping people like you achieve their real estate goals. With that in mind, today’s message is simple: It’s time to take action. Whatever your aspirations are for 2019, now is the time to seize the opportunities available in our market. There are a lot of great things going on now, so don’t miss your chance to make the most of current conditions. Life is too short to put your dreams off for another day. Whether your dream is to run your own business and get involved in real estate or to own your own home, we can help. Please reach out to us today. To learn more, watch this short video.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Here’s what we found when comparing 2018’s numbers to 2017’s. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report I hope you’ve all had a wonderful start to the new year! Today we’ll be comparing the final numbers of 2018’s real estate market with those from 2017. Overall, 2018 was down a little bit from the year prior. There were about 18,000 homes sold in 2018; in 2017, there were about 18,300. 2018’s average sale price was at $218,000, up from 2017’s average price of $208,000. Our absorption rate, or the amount of time it would take to sell all homes currently on the market, was at 2.61 months in 2018. In 2017, it was at 2.78 months. “ Overall, 2018 was down a little bit from the year prior. ” Mortgage rates are currently sitting at around 4.5%, and we’d be more than happy to set you up with a lender who can help you find a great rate. In 2019, we’ve found ourselves needing more agents to help handle all of our leads. If you’re interested in joining our team, let us know! We offer a 12-month guaranteed income to help agents get on their feet. If you have any questions or need more information, feel free to reach out to us. We look forward to hearing from you soon.…
Our team is hiring, and today we’d like to share why joining us may be the right next step in your career. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Real estate can be an amazing career for the right person. That said, we’ve got some great news: Our team is hiring. Whether you’ve got your license and have experience under your belt already or you’re just now thinking of entering the industry, we’d love to connect with you to discuss your future. Our team spends about $300,000 on advertising each year, and this creates a lot of leads. That’s exactly why we’re looking for hardworking, career-oriented people right now. We need agents to work the surplus of leads we have. Our commission program, team commission splits, and independent commission splits are as good as it gets. Better yet, there are no fees for our agents. We offer signage, technology, and other resources you need to do the best job for our clients. This helps to put more money in your pocket. In addition, agents on our team can draw upon the support of our full-time administrative staff and various managers—all of whom are there to help lift you up to your full potential. Not everyone feels certain that a real estate career is right for them, though. Many worry that they’ll spend a lot of time spinning their wheels, trying to get that first deal under their belt. When you join us, you can let go of those fears. Our 12-week guaranteed income program will make sure that you hit the ground running and start earning right away. So if you or anyone you know are looking to get into real estate, please give us a call or send us an email. We look forward to hearing from you soon.…
Our team is growing and we are hiring real estate agents. There are a few unique benefits to working on our team that you should know. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Thanks to your referrals and your business, we are growing tremendously. As a result, we are hiring new agents! Whether you are currently an independent agent or looking to change teams, there are a few unique opportunities available on our team. First of all, there’s the money. We can beat any legitimate competitor’s commissions. We can beat anyone’s commission splits and we have very low caps, which means that once we make a certain amount on your transactions, you will get 100% commissions. That is negotiable. We are not a large franchise but we can do deals that make sense so that we can beat anybody when it comes to money. There are no royalty fees, monthly fees, desk fees, or technology fees when you work with us. We don’t charge our agents for signs, either. If you are going to market our company, those are free for you guys. “ We can beat any legitimate competitor’s commissions. ” As far as income, we know how hard it is to get started in this business. Sometimes, there is a gap of a couple months where you really have to make money and people just go out of business. We have guaranteed income for the first few months so that you don’t just fall flat on your face. We realize that if you want to make a career change, you want to make some money. Our agents also benefit from the name recognition that comes with being part of Dream J.P. Pirtle Realtors. We spend almost $30,000 a month on marketing. We buy and sell 500 homes each year. We do a lot of business, which creates a lot of name recognition and a lot of leads for people to create business. Speaking of leads, we generate 800 to 1,000 leads every month. I need good people who are not afraid to work these leads. We also offer a free lead management system that is probably the best one in the business. You get your own website but your lead management platform is free. We also have a full-time admin staff ready to help you. We have a team leader, a lead manager, a listing manager who puts your listings on the MLS for you, and a closing manager who helps you get from contract to close. We offer investment training. We buy or sell 50 to 70 investment properties a year. For a lot of people, real estate is a great way to produce retirement income. I’ve been doing that for 20 years, and when you join my company, anything that I know is for you to know. I will be an open book for you. I can help you buy flips, rentals, or anything else you’re interested in. So, what are we looking for in a candidate? We are looking for ambitious, honest, hardworking people who believe in treating other people the way they want to be treated. That’s how we like to do business. We have almost 60 agents but our team has a small, family atmosphere. We are looking for agents who want to grow with us, have fun, have a great life, and treat others the way they want to be treated. If you or anyone you know is interested in working with us, contact me or John Holtzinger at (502) 458-2722 or JohnH@JPPirtle.com . We look forward to hearing from you!…
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Louisville, KY Real Estate Podcast with JP Pirtle
How is the 2018 spring real estate market doing? I’ll compare this year’s numbers to last year’s and explain why you should list your home ASAP. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Before we begin today's topic, I have an important message for anyone considering selling their home. Inventory in the Louisville area is lower than I have seen in over a decade. If you are considering putting your home on the market this summer, don’t delay. Now is an absolutely great time to put your house on the market. A lot of people say they are waiting for summer, but if I were you, I would highly recommend getting your market analysis and putting your house on the market ASAP. Don’t hesitate. Get your home on the market as soon as you can. Now, let’s get back to the numbers. It’s definitely a seller’s market. In March of 2018, there were about 1,389 home sales compared to over 1,600 homes in March of 2017. A lot of that has to do with inventory. “ This is the lowest level of housing inventory that I have seen in over a decade. ” This year, the average sales price was $210,000 compared to $194,000, so prices are up. The average days on market is 68, which dropped slightly from 72 days in March of 2017. The absorption rate in March of 2018 was 2.26 months opposed to 2.61 last year. Active listings decreased from nearly 4,000 last year to 3,473 in 2018. Last year was still low. Interest rates are going up. Last year they were around 4%, and this year, they are around 4.5%. That’s thanks to Keith Swisher and his team at Statewide Mortgage. They offer great terms, great rates, and are great people to work with when looking for your new home. A 4.5% rate is still pretty low. The quote of the month is from Pablo Picasso: “Action is the foundational key to all success.” Implement action and you will see results. If you have any questions, need a free market analysis, or just want to say hello, give me a call or send me an email. I would be happy to help you!…
How does this year’s January market compare to what we saw in 2017? Today I will go over a few statistics. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report The first month of 2018 is already behind us, so today I will be going over a market recap for what we saw this January. I would also like to take a look back at our January 2017 market. Thanks to all of you, 2017 was my company’s greatest year. I want to express from the bottom of my heart how much I truly appreciate all of your support, referrals, and business. This year is already off to a great start. Inventory is still really low, with under 3,000 homes on the market as we speak. The average number homes on the market for this January was 3,472. In January of 2017, the average number of homes on the market was close to 4,000 As for absorption rate, we saw 2.28 months this January compared to 2.66 months in 2017. The average sales price for January 2018 was $217,000, up from last year’s $195,000. This shortage of inventory is really causing prices to rise, which means it’s a great time to put your home on the market. “ Thanks to all of you, 2017 was my company’s greatest year. ” Homes this January spent an average of 64 days on the market, which is 10 days fewer than the average days on market last January. The number of homes sold in January is relatively similar between 2017 and 2018, with 983 homes sold this year and 986 sold in 2017. Also, interest rates are finally beginning to rise. They currently are sitting at about 4.115% with an APR of about 4.2%. The statistics for our rates have been provided by Statewide Mortgage, who I highly recommend for any of your real estate needs. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Contingencies can be a tricky thing to navigate in an offer, especially if they aren’t revealed up front. There are a few key things you need to watch out for. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Recently, sale and closing contingencies are becoming very popular again. A lot of people are afraid to buy before they sell, or vice versa. Unfortunately, some people may not alert you to a contingency within a contract. Whether you’re a buyer or a seller, be sure to read things over carefully and make sure there’s nothing hidden in the fine print that you weren’t told about. One red flag to look out for is an offer with far-off closing dates. People who give themselves a long time to close sometimes do so because they’re hoping they can sell their home during this time, before they buy yours. If they don’t, they can wiggle out of the contract and get their deposit back by having their lender verify that their financing fell through. “ Read things over carefully and make sure there’s nothing hidden in the fine print. ” Personally, I don’t think this is exactly ethical. I think contingencies should be revealed up front. Since this isn’t always the case, though, be sure to have your agent check over your contract for contingencies. Contingencies absolutely must be in writing. The first writer refusal time frame is also important. If you, as a seller, get another offer within this time frame, the first buyer needs to make a decision about whether to put their offer in writing or not. I personally think 24 hours is plenty of time for this. Lastly, be aware of when inspections start on a contingency offer. My preference is to have inspections completed right away after acceptance, so that the deal can be solidified sooner rather than later. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
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Louisville, KY Real Estate Podcast with JP Pirtle
I need your help. My team is looking for a fantastic plumber who can replumb a whole house. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report I need your help. We need a really great maintenance professional, that specializes in plumbing, who can do everything that a licensed plumber could do, including fixing leaks, snaking the inside and outside of drains, and installing faucets, sinks, and tubs. Basically, we need someone who can replumb a whole house. HVAC experience would be a plus but is not required. We are really growing and buying a lot of properties, so we need a great plumber on our team. The maintenance professional will do some handyman work but the main focus will be on plumbing with some light HVAC work. We are looking for someone who is a hard, loyal worker. “ I need your help finding a great plumber. ” They will need their own truck and tools. We will offer an absolute minimum of $20/hour, and we are not afraid to pay more if the right person comes along. This is truly a full-time job with a minimum of 40 hours a week. You will get paid holidays, vacation days, and sick days. We are offering a lifetime career here. We are looking for someone to retire with us. If you are interested or know anyone who might be, give us a call at 502-458-2722 or email me at JPirtle@JPPirtle.com . I look forward to hearing from you!…
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Louisville, KY Real Estate Podcast with JP Pirtle
Home sales and home values are both up in our market. Does that mean good or bad news? Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report How did our market do last August compared to August 2016? I know I sound like a broken record, but our market keeps going strong and everything looks great—including interest rates. Let’s take a look at how the numbers stack up between then and now: “ Our market keeps going strong and everything looks great—including interest rates. ” The number of homes sold rose from 1,697 to 1,856. The average sale price rose from $207,000 to $211,000. The average days on market dropped from 61 to 51 days. The absorption rate declined from 3.59 months to 2.91 months. The number of active listings dropped from 5,136 to 4,415. Finally, according to Statewide mortgage, interest rates are hovering slightly below 4%, with an APR of about 4.058%. Now, for my quote of the day: “Always travel the extra mile. It’s never crowded.” —Dr. Wayne W. Dyer If you have any questions or are thinking of buying or selling a home in our Louisville market, don’t hesitate to reach out to me. I’d be happy to help you.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Because of the hot competition we’re seeing lately in the market, escalation clauses have become much more common. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Recently, we’ve been seeing a lot of escalation clauses in our market. But, what is in an escalation clause? An escalation clause is a buyer’s best and final offer. People have been making these kinds of offers for years, but recently they have become a lot more important. This is largely thanks to our being in seller’s market where competition is hot. Buyers right now don’t want to lose out on the right home, but they also don’t want to have to make excessively high offers. “ Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount. ” An escalation clause allows buyers to stipulate that they will pay up to a certain amount limit in order to beat out other offers. As an example, an escalation clause might state that a buyer will pay up to $1,000 over any other offer that is made. This cap means that buyers don’t need to be as worried about overpaying. Setting a limit will help ensure that a buyer doesn’t pay a ridiculous amount. Buyers must also be careful, though, to compare offers by the net sale price. In your escalation clause, ask to see the best and highest offer. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Our Louisville market is hot right now, and here are the latest statistics to show how far we’ve come since July of last year. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report Right now, our market is as hot as the weather. It continues to amaze me, and I don’t think I’ve ever seen it quite like this. How has the market changed since last July? Let’s go over a few statistics. “ Our market is as hot as the weather. ” From July 2016 to July 2017: The number of active houses decreased from 5,218 to 4,430. This lack of inventory is driving a lot of the demand out there. The absorption rate decreased from 3.63 months to 2.93 months. The average sale price increased from $213,000 to $220,000. The average days on market decreased from 64 days to 47 days. The number of homes sold decreased slightly from 1,690 to 1,650. Interest rates stayed about the same at roughly 4%. If you have any questions about these latest numbers, the current state of our Louisville market, or any other real estate topic, don’t hesitate to give us a call. We’d be happy to help you. Quote of the month: “If you’re not shorthanded, you’re overstaffed.” - Sam Walton…
The Louisville market has improved considerably in the last year. Here are the areas we paid special attention to. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report The market continues to be strong in Louisville. To get more perspective, we’re going to look at the numbers we saw this June and compare them to the numbers we saw in June 2016. Let’s get to it. Inventory remains extremely low. Last year, the 5,000 homes we had on the market represented a huge need for more inventory, but it has since dropped even further. Right now, there are only about 4,300 homes on the market. Our absorption rate has dropped from 3.5 to under three months. “ Homes are selling faster and for more money on average. ” The average sale price has increased from $207,000 last June to $223,000 right now. That’s more good news for everybody. Not only are homes selling for more money on average, they’re selling faster too. Last year, homes were selling in an average of just 61 days. That number has since dropped to 52. Interest rates are at about the same level they were last year, but they have dropped slightly. Right now, our partners at Statewide Mortgage say you’re looking at a 4.125% rate on average. Quote of the month: “When you get right down to the root of the meaning of the word ‘succeed’, you find that it simply means to follow through.” - F.W. Nichol There’s our market recap for June 2017. If you have any questions about it or would like more information, give us a call or send us an email. We look forward to hearing from you.…
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Louisville, KY Real Estate Podcast with JP Pirtle
Our team is growing and we are looking to add some new agents. By working with our team, you will have a lot of things going in your favor. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report We have great news to share today. Our team has had a wonderful year so far and we’ve been growing tremendously. We want to thank everyone who has helped us grow to this point and also announce the addition of our newest real estate office, right down the street from our current one. Our office is at 8225 Shelbyville Road, and we want to fill it up with team members and independent agents alike. We need your help to do this. Why would someone choose to work on our team? We spend hundreds of thousands of dollars per year on advertising and marketing to create name and brand recognition. When you’re with Dream JP Pirtle Realtors, that brand recognition will help you out a ton in this area. “ We provide our agents with guaranteed leads. ” One thing we provide our agents with is guaranteed leads. We get up to 1,000 leads a month, so we need agents who want to work hard to get these leads served and make an unlimited amount of money. Some other advantages to working with our team include: A full-time trainer whose job is to help all our agents perform their very best A full-time administrative staff, listing manager, marketing manager, ISA, and more No royalty fees, monthly fees, desk fees, or sign fees Aggressive commission splits Very low caps If you or someone you know is interested in learning more about our team or a career in real estate, contact John Holtzinger at johnh@jppirtle.com or by phone at 502-458-2722. We look forward to hearing from you soon.…
Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report I am coming to you today because I need your help. My team is in need of an experienced property manager. We are looking for someone with high energy, enthusiasm, character, honesty, and property managing experience. That means we are looking for someone who has managed apartments or houses before. In this position, you will be managing both houses and apartments. You will be responsible for collecting rents, making deposits, executing leases, and managing our maintenance people to get repairs done on rentals and flips. “ Email us your resume today! ” This is a full-time position with a guaranteed weekly salary, bonuses, paid vacation, and paid holidays. If the right person can get the job done in 30 hours a week, we will consider making this a part-time position. However, a full-time property manager is preferred. If you are applying for this job, you have to love property management. We are looking for someone to start immediately, so if you or anyone you know is the right fit for the job, email your resumes to Ami Vera ( Rentals@jppirtle.com ) and Jody Cooper ( Jody@jppirtle.com ). We look forward to hearing from you!…
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Louisville, KY Real Estate Podcast with JP Pirtle
Our market is fantastic as far as home sellers are concerned. Homes are selling about a month faster than they did last year. Buying a Louisville home? Get a full Home Search Selling your Louisville home? Get a free Home Value Report It’s almost summertime here in Louisville. I hope everyone won a bunch of money at the Derby recently. Today I’d like to discuss a quick market recap. I’ve got the latest numbers from April 2017 and I’m going to compare them with what we saw in April 2016. Our market is doing great as you may have heard, but there is a growing problem. I’m talking about the lack of inventory for buyers to choose from. This isn’t a problem for sellers, but it makes things much more difficult for buyers. We sold 1,500 homes in April 2016, but only sold 1,380 this April. The average sale price has shot up from $186,000 to $202,000 in the last year as well. “ Our active listings are at a historically low level. ” We are seeing big changes in the average days on market, which is down from 82 in April 2016 to just 58 days right now. Homes are moving a whole lot faster, even if there haven’t been as many of them. The absorption rate, or how long it would take to just sell off the current inventory if nothing else came on the market, is down to about 2.5 months this year from 3.36 months in April 2016. Our active listings are at a historically low level. We only had 4,800 last April, but now that number has dropped even further to 3,800. Interest rates are up from last year but are holding stable for now. They’re right around 4.5% right now for a 30-year fixed rate, which is up about 1% from last year. If you need more information about where rates are today, we’d love to connect you with our preferred lender. If you have any questions for me, give me a call or send me an email. I would love to hear from you. Quote of the month: “There is only one small letter between the words can and can’t. That one letter will totally change your life.” -Fireball.…
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