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recent news posts

Wednesday, February 22, 2017

Louisville's Housing Shortage - Good Time To List!

The Greater Louisville Housing Market is suffering from a shortage of homes for sale.  As a result the average January list price is up over 14 % over January 2016.  The average sale price also rose 4.31% in January 2017 to $196,187.  The average days on market has dropped from 92 in January 2016 to 74 in January 2017.  The number of active listings is down to 3,878 as opposed to 4,826 in January of 2016.  It is a good time for sellers who are contemplating selling in the next year to get their oar in the water.  Read More

Tuesday, November 17, 2015

It's that time of year!

It’s that time of year when we start counting our blessings and begin planning for the year ahead.  Thanks to our faithful customers and clients 2015 is going to be a banner year, both for me personally and for Rainey, Jones & Shaw.  Once again this year we will be giving a portion of our profits to our favorite charities in the name of our buyers and sellers.  In the coming year we will be strengthened by our new partnership with Leverage Global Partners, an international real estate referral network that also offers state of the art social networking and marketing resources as well as broad national and ...  Read More

Buying a Home in Louisville, Kentucky

Buying a HomeBuying a house is an emotional decision. You aren’t simply making a monetary investment, you are finding a spot to raise your kids, walk your dog, mingle with your neighbors, find your own corner of the world. That is why Rainey, Jones & Shaw does more than simply find you a house... we find you a home. To do that we make it a point to know the person, not just the buyer. Working with our professional team will make the buying process much more efficient. Rainey, Jones and Shaw creates custom MLS searches of real time properties that meet your criteria the minute they hit the market.

Before you start looking for a home, there are a few questions you should consider:

Where do you want to live?

Are there particular neighborhoods or communities that you like? Are you into park and walk city living or do you want some land?

What kind of house?

Loathe shotguns but love Victorians? Louisville has one the largest concentration of Victorian homes in the United States. How many bedrooms and bathrooms? Any special needs such as home office, gym?

Have you determined your price range?

Have you consulted a lender to determine your appropriate price range? We are happy to recommend a lender or help you with a preapproval to get started. Knowing your price range and being pre-approved will give you an advantage when buying. (Tip) Sellers are much more likely to consider offers accompanied by pre-approval letters.