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Market Conditions in 40294 : Real Estate Advice

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Activity 17
Thu Apr 18, 2013
Frankie Story answered:
It's entirely possible that the value you received is what the market is supporting right now. If there was a foreclosure or a short sale in the area, this could bring your value down considerably. Values are ever changing with the sale of homes in the area. Six months down the road you would more than likely get an entirely different value. You could ask for them to request the appraiser to take another look, but I highly doubt it would change. Good Luck! ... more
0 votes 7 answers Share Flag
Sun Nov 25, 2012
Michael Cheng answered:
You can expect to see an endless range of evaluations from different people over the next two years. Some people might say housing should go down, and some up. It's impossible to say what the percentage change each evaluation would be.

It's my evaluation that the primary markets along the coastal cities will continue to lead the rebound with another 10-20% of gains over the next two years. Much of that is driven by foreign interest and monetary stimulus. As we go into secondary and tertiary markets or just away from the coasts, I see gains being more subdued, probably in the 0-10% range as interest drops in those properties and fewer buyers can qualify for loans to take advantage of the stimulus.

Of course, there are always going to be pockets that jump far away from that range. Just watch any oil or coal producing area.
... more
0 votes 4 answers Share Flag
Thu Mar 28, 2013
Marla Brown answered:
No. According to the MLS the lot size is .85 acres.
0 votes 1 answer Share Flag
Sat Sep 7, 2013
Building answered:
My husband and new a 6 month rental until our house is built. Prefer East, St. Matthews, Summitt Area or highlands no more than $900/month 2 BR
0 votes 3 answers Share Flag
Sat Apr 14, 2012
Sabid Velic answered:
What home are you asking about? Street?
0 votes 6 answers Share Flag
Thu Nov 10, 2011
Jim Simms answered:
Hey Jerry, how is it going? I have seen a very large increase in traffic in the last month. Hope this is a good sign for the spring.
0 votes 4 answers Share Flag
Thu Nov 10, 2011
Fred White answered:
No, but I did see on Yahoo that Heidi the cross-eyed possum is on a new diet. That has about as much to do with a buyer's needs here in Louisville as your story.
0 votes 2 answers Share Flag
Thu Nov 10, 2011
Gregory & Mona Albers answered:
Depends on the price range and how many sold comps are available. I reciently had an appraisal that was $1000 short. If it had been $10,000 I wouldn't of thought anything about it, but $1000 give me a break. ... more
0 votes 6 answers Share Flag
Thu Nov 10, 2011
Tony McMahon answered:
I would suggest that while that may be possible , so is the fact that the interest rates may increase thus negating any savings derived from the possible fall in prices.
0 votes 9 answers Share Flag
Tue Jan 25, 2011
Joel Lobb answered:
Tue Sep 21, 2010
Caroline Choi answered:
Hi Arianna, I would recommend finding a realtor who is able to search the MLS for you to see if a seller financing situation is available in your area. You can also check for sale by owners via various websites whether craigslist.org or forsalebyowner.com. Many sellers these days would rather cash out I'm sure, but maybe there's a few here and there who might be willing to do seller financing. Best of luck!

Caroline Choi
Broker Associate/Realtor
Caroline Sells The City LA
... more
0 votes 4 answers Share Flag
Wed Oct 13, 2010
Tre Pryor answered:
The primary place to look at Comparables (Comps) to see what a similar home sold for in that area. Then you make adjustments both up and down to see where the true value lies. There is no definitive way to find the value of a property other than this because the Asking Price could be very high, a little high or spot on.

Find a great Realtor then trust their advice.

All the best!
-Tre Pryor
... more
0 votes 11 answers Share Flag
Sat Sep 7, 2013
Dave Raymond and Barry Loy answered:
I'm not sure specifically regarding Anchorage, but the Greater Louisville area as a whole has probably seen about a 3% decrease in home prices. It would be best to have a Realtor pull some recent comparables for you in the specific area that you are targeting. ... more
0 votes 4 answers Share Flag
Wed Oct 23, 2013
Tom Cox answered:
I am not the best to answer the specific question, but I haven't noted any effort to make many of those conversions.
0 votes 5 answers Share Flag
Tue Sep 25, 2007
Fontella Pappas answered:
Elizabeth, I work the Denver Metro area, but I will be happy to do some research for you.
0 votes 2 answers Share Flag
Wed Apr 27, 2011
Noel Harris answered:
Maximizing your advertising will get your property sold. As a realtor I am constantly looking for a way to reach the most people possible.
0 votes 13 answers Share Flag
Tue Sep 21, 2010
Noel Harris answered:
Right now it is a great time to buy in KY. You could get a great deal for your money.
0 votes 11 answers Share Flag
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