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What Is It Like Living in Shelbyville, Kentucky? A Local REALTOR®'s GuideIf you're considering buying a home in Shelbyville, Kentucky, the first thing to understand is that Shelbyville and
IN TIMES OF UNCERTAINTY, PEOPLE FOLLOW THE CERTAIN
Dated: August 21 2022
Views: 24
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Welcome to August and the start of school for the kiddos and the increase in people's hectic schedules has begun. I have been blessed by the revelation that my wife and I are going to be having a baby boy, and blessing bestowed upon us for our end of the year plans. I want to thank everyone for your thoughts and prayers and congratulations during these times. I know I have not been as present as I should be on my work here, but I promise to get more focused and ready to help everyone achieve their dreams of homeownership!
This week in the Mortgage Interest Rate market interest rates fell to 5.13% down from last weeks from last week's 5.22%. It seems as though the mortgage interest rates are settling in and around the 5% range which compared to the historic norm is low. The average mortgage interest rate over the past 50+ years of recording is 8%. So anything below that 8% mark is great news for homebuyers. Though the Federal Reserve may continue to complicate things, a settling of the housing market, especially of the interest rates would be a great sign of strong future activity.
In the Louisville Real Estate Market the shift is still being seen in spectacular fashion. Today, 2,114 listings are live and on the market here in the Louisville Multiple Listing Service. This is more homes active than I have seen in over 3 years. More listings mean homebuyers have more homes to view and don't have to compromise like some may have done in the past. For seller's it means more competition for their home, and the possibility of less eyeballs viewing your home. For seller's one idea is to make your house stand out; hire a Realtor who uses professional photographs to capture your home in the best light. Invest in some curb appeal, to make the front of your home pop when a potential home buyer drives by it. These simple things can, not only get your home sold in this shifting market; but may also get it sold for more money than your competitiors.
If you or someone you know has questions about the real estate market, or you would like a personal neighborhood market report don't hesitate to reach out and ask. You can also visit my website www.shopkentuckyhomes.com - and enter your zip code to receive a market report as well.
Don't try to navigate this choppy housing market alone, have confidence by having a professional by your side during your real estate transaction.
David Hittle, NAR e-Pro, VA Certified, Realtor
United Real Estate Louisville
Shop Kentucky Homes
502-489-1135 (Call or Text)
Shopkentuckyhomes@gmail.com
David Hittle
David Hittle is a licensed real estate agent with United Real Estate Louisville, serving buyers and sellers throughout Louisville, Kentucky and surrounding counties. Specializing in residential real e....
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Data last updated: September 13, 2026 11:43 AM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to
REALTOR® Association of Southern Kentucky All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Heart of Kentucky Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
