Wednesday, January 26, 2011

Discounts We Offer

If you work with a member of the
Joe Simms Group
you get ALL of these


on top of the traditional real estate work as YOUR AGENT

  • 10% discount to Lowe's (on purchases up to $10,000!!!)
  • 10% discount to hh Gregg
  • Discounts on ADT Security System's
  • Discounts & FREE Showtime for a Year from Insight Cable
  • FREE pizza the day you move from Pizza Hut
  • 15% discount at Valvoline Instant Oil Change
  • FREE boxes & discounts from A Arnold Moving Van Lines
  • BUILDER price @ Trend Appliances


    Buyers, just remember.......
  • I guarantee a ONE YEAR HOME WARRANTY on the home you purchase
    (if the seller's won't pay for it, I will!)

Thursday, January 20, 2011

Has Louisville hit bottom?

What's going on with the Louisville market now?

First, let's take a look at Louisville's market over the past 40 years.

(click to view larger)

We have shown to have a fairly stable real estate market with having dropped in history only twice. Once, in 1982 the market dropped -5.14% but immediately came back the next year. This was due to the interest rates being at an all time high of 18%. That's right, 18%!!

The real estate market steadily appreciated over the next 20+ years.

In 2006 & 2007 homes appreciated less than 1%.
This was when the economy started to hit the breaks.

In 2008, Louisville's market fell -5.90%.
(At least we didn't drop 20% like Florida, California, Nevada, etc!!)

In 2009, the market dropped less than 1% again.



Louisville's market



That's right! Appreciated.
You won't hear that from the media.

Based on these historical numbers, that would mean that the Louisville market has started rising again. Therefore, we have already hit bottom and have started our rise back to normal.

This data was collected each year looking at all of the Single Family Homes that were listed and sold in the Louisville Board of Realtors' Multiple Listing Service.

As, Frank Sinatra would say,
Start Spreadin' the News!

Deal of the Week

Commercial Potential

2013 Watterson Trail

(Tax Assessed @ $118,750!)

3 Bedroom, 1 Full Bath home located on HIGH TRAFFIC ROAD!
Situated beside Commercial Business Park
& Surrounded by Other Large Businesses

Interested in learning more about this home?

Call me.