Wow! What a great time to buy a Louisville, KY home! Interest rates are extremely low, lenders have stabilized their underwriting requirements, and there is a huge inventory of homes to choose from in the Louisville area… It’s an ideal market to maximize your buying dollar!
If you are thinking of purchasing your first Louisville home my website, Louisville Homes, has loads of useful information and tutorials to help get you started.
If you would like to read about defensive buying techniques, especially when the economy exhibits some signs of challenge, go here. I have posted an article giving advice on how to take advantage of a buyer’s market here. Keep in mind I think there are endless ways to structure deals that can be very beneficial in their own right, especially in the current market in the Greater Louisville Area.
There is no doubt that a savvy buyer who has properly prepared themselves financially and through thorough market research stands to be in an advantageous position presently. The mortgage rates are going to fluctuate, home prices will probably begin to rise as the market recovers, and the inventory will decrease as more and more buyers make their move. It’s a great time to buy while the market adjusts!
Please feel free to contact me through my website with any questions regarding buying a home. You can also search the entire Louisville MLS for free on my site. Good luck, may this market treat you well!