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
Merry Christmas Everyone!
Dated: December 25 2022
Views: 22
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Message From David Hittle, Realtor - United Real Estate Louisville
Today is Christmas Day! I want to thank each and everyone of you who have trusted me to help with your real estate transaction. As we head for the end of the year I look forward to continuing to partner with you to make the new year a dream for even more people. Thank you for all of your support and I look forward to helping you in the future.
Christmas Week and we get even greater news, this week mortgage interest rates dropped for the fifth consecutive week. Rates this week averaged 6.27%, down from the high of 7.08% achieved earlier this year. As the Federal Reserve continues to get a handle on America's inflation problem, interest rates are bound to continue to fluctuate. All we know for sure, is that interest rates right now are on a downward streak, but that could change anytime. If you are thinking about buying a home but the interest rates have you a little freaked out remember this adage because it rings true today more than ever: "Marry the Home, Date the Rate." When interest rates fall in the future you can always refinance, you won't always have the chance to buy that home for that price. Don't miss your opportunity to own the home you want to own, because while interest rates are going up and down, home prices are going up, up, up.
In the Louisville Real Estate Market however, the housing market continues to remain in Hot Seller's Market territory. Today, 1,971 listings are live on the market here in the Louisville Multiple Listing Service. In the Lexington Multiple Listing Service we have 2,532 listings that are live on the market. And in the Northern Kentucky Multiple Listing Service we have 736 for a combined total of 5,239 listings on the market. The absorption rate or months worth of inventory sits at 1.64 continuing to indiciate a Seller's Market in Louisville, Kentucky.
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 changing housing market alone, have confidence by having a professional by your side during your real estate transaction.
David Hittle, Certified Real Estate Negotiator (CREN), NAR e-Pro, 2x 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....
Latest Blog Posts
What Is It Like Living in Lexington, Kentucky? A Local REALTOR®'s GuideWhen people think about Lexington, Kentucky, a few things usually come to mind first.Horses.The University of Kentucky
From Mom to Daughter: A Real Estate Relationship Years in the MakingSome real estate closings mean a little more than simply handing over the keys.Today, I had the privilege of watching Shelby Lay
What Should You Do Before Listing Your Home for Sale in Kentucky?If you're thinking about selling your home, you may be wondering what you should do before putting it on the market.Paint everything
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
