What Should You Do Before Buying a Home in Kentucky?Buying a home can be exciting.It can also become unnecessarily stressful when buyers start looking at houses before they're prepared for
What's Actually Happening with Home Prices Today?
Dated: September 4 2022
Views: 9
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Can you believe it is September? And it is Labor Day Weekend, the last official days to have your pool open... YEA RIGHT! None the less we have seen this year just fly right on by, I believe it started out a little slow and has now hit a break-neck pace heading straight for the end of the year and the birth of my first child! 2023, is going to be fun!!
This week mortgage interest rates were back on the rise, hitting an average of 5.55% this week. That is nearly double what interest rates were one year ago, but still far lower than the historical average of 8%. 5.55% is up substantially from last weeks 5.13% when we all believed that interest rates may be starting to stabilze but with the Federal Reserve continuing you try to battle inflation mortgage interest rates and the interest rates for most things will continue to climb!
In the Louisville Real Estate Market the shift is still being seen in spectacular fashion. Today, 2,079 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 12, 2026 9:25 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.
© 2026 Metro Search, Inc.
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
