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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

Adding Value

Which items will add value to your home and help with resale when the time comes to sell?

The answer: “Only the ones that future buyers want and are willing to pay for.” 

As a rule, choose functional over cosmetic, taste over trend and a neutral pallet over an exotic one.  It will pay dividends.

Which updates will add the most value to your home?

The ones that increase usable space. This includes an extra bathroom, a larger and/or upgraded kitchen, a first-floor master bedroom suite, more closet space and the conversion of unused space to a home office. Wasted space is dead space.

Updates that will lighten and brighten your rooms. Use light colored paint and floor coverings, light woods, skylights, large windows and French doors.

Updates that will open your home to the outdoors for fresh air and entertaining like glass paneled doors to garden areas, patios or decks.

Invest in privacy and security. Think fencing and strategic landscaping.