How Upset Should You Be about 3% Mortgage Rates?

Dated: March 14 2021

Views: 17

Weekly Real Estate News March 7 – March 13, 2021



Sunday at 2pm on Youtube Live “February 2021 Housing Market Report”

Watch Live at 2pm at


If you missed last week’s Youtube Live you can check that out here:

View the Video Here:


Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at or visit



Ready to Become a Real Estate Investor?

A lot of millionaires made their money through Real Estate investments.

Are you ready to try your hand at Real Estate Investing?

Check out my list of homes, perfect for an investor to renovate, remodel, and re-sell.


Check Out the List Here:


If you are ready to become a Real Estate Investor, contact David to learn more 502-489-1135!


5 Reasons to Sell Your House This Spring

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re ready.

1. There’s high demand from homebuyers.

Buyer demand is strong right now, and buyers are active in the market.



Read the Full Article Here:       


There are so many reasons to sell your house today, but only you can make that personal decision on whether it is the right time for you. However, if you have been thinking about it, check out these reasons to sell now before the market gets more competitive. If you are ready to sell your house, we will first start by finding out how much profit you will get from that house. When you are ready, give me a call at 502-489-1135 David Hittle with United Real Estate Louisville is here to help you with all of your Real Estate needs!


Check out these listings from United Real Estate Louisville!

I am pleased to feature the following properties!

For questions or to schedule a showing, contact me today!

Phone: 5024891135 Email:


1 Bedroom, 1 Bathroom at 700 Sq Ft in Louisville, KY Listed at $125,000

2 Bedrooms, 1 Bathroom at 1,156 Sq Ft in Bickel, Louisville, KY Listed at $25,000

0.24 Acres in Cave Hollow Bay in Mammoth Cave, KY Listed at $14,500


If any of these homes are your potential Dream Home, I would be happy to assist you in seeing any of these homes, and working with you through the Real Estate process. It can be complicated, but with an experienced Realtor by your side, you can be happy knowing someone has your back! Give David Hittle with United Real Estate Louisville a call today 502-489-1135

2301 Bickel Road Louisville, KY 40206

I would love to show you my listing at 2301 Bickel Road Louisville, KY.


Get More Information on this home here:


If you would like more information on this home or to schedule a showing please call David Hittle at 502-489-1135


How Upset Should You Be about 3% Mortgage Rates?

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things:

1. The bump-up in rate should not have surprised anyone. Many had already projected that rates would rise slightly as we proceeded through the year.


Read the Full Article Here:       


The bump up in interest rates has an impact on homebuyer’s and their purchasing power. However, the 3.02% interest rate is still near historic lows. Remember, the historic low that was achieved the first week of 2021 was 2.65%. So, while 3.02% is higher than the historic low, it is still historically low, and will still allow for homebuyer’s to get into their dream homes without the high cost of the historic interest rates. If you are ready to buy a home, you need to be more prepared than ever before; let David Hittle with United Real Estate Louisville set your expectations and get you as prepared as possible for the coming home purchase journey. It is a journey that can be extremely painful if taken alone, so make sure you reach out to David at 502-489-1135


Social Media Superstar

When you are looking to sell a house, you want a Realtor who not only has your best interests at heart, but one that can market your home on the hottest social media platforms.

I have been awarded by my Brokerage for being that agent!

If you need a Realtor with the Heart of a Teacher, look no further than David Hittle with United Real Estate Louisville 502-489-1135


List of Homes with Pools

Soon the Kentucky Cold with Make Way for the Kentucky HEAT!

Do you have a pool? Do you want a home with a pool? Me Too!

We have a list of homes with pools and we'll provide it to you for FREE!

Click the link below for access to this list!

If you are ready to own your very own home with a POOL, let’s get together and get you prepared for the home buying journey ahead! 502-489-1135


6 Simple Graphs Proving This Is Nothing Like Last Time

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash.

However, there are many reasons this real estate market is nothing like 2008.


Read the Full Article Here:  


A lot of comparisons are being made to our current housing market and the housing market that resulted in a crash in 2008. The experts say, today is nothing like 2008, check out the charts and see for yourself. I believe this is nothing like 2008, back then we had higher interest rates, credit was far easier to get a hold of, and refinancing was through the roof. Today, the interest rates are lower, credit is harder to come by and while refinancing is up, it’s not up like it was in 2008. Don’t live your life in fear, if homeownership is part of your plan, then you should be making your moves now while interest rates remain low, and your purchasing power remain high. Give David Hittle a call 502-489-1135


Think a Brand New Home is Out of Reach?

Think a Brand New Home is out of reach for your budget?

Check out the link below for a list of New Construction homes that may well be in your budget!


View a List of New Construction Homes Here 


When anyone thinks of something that is BRAND NEW, they automatically think expensive. However, when it comes to the housing market right now, brand new homes are competing in price with existing-homes. Therefore, for the price of some existing homes built years or decades ago, you could own a brand new 2020 or 2021 home. If you are thinking of buying a home and want to know if a new construction home is within your budget, give me a call today 502-489-1135


Will the Housing Market Bloom This Spring?

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will bloom this season.

Danielle Hale, Chief Economist,

“Despite early weakness, we expect to see new listings grow in March and April as they traditionally do heading into spring, and last year’s...”


Read the Full Article Here:        


The old saying is “April Showers, Bring May Flowers.” But I say, April Showers, Bring May Home Buyer’s. Traditionally, as the weather heats up, more homes hit the market for sale, and even more home buyer’s crowd the market to find their dream homes. We saw this last year, despite the pandemic; and I believe we will see it again this year. If you are looking to sell your house, today is the best time to do that, before your neighbors decide to sell their houses as well. More competition for homes like yours, will weaken your ability to sell and may result in a lower price as well. If you are looking to buy a home, today is the best time to prepare for that as well, while inventory is low (something we cannot do anything about), interest rates are still near historic lows saving you money on interest and increasing your purchasing power. Don’t miss opportunities waiting for something better, because it doesn’t always get better. Give David Hittle a call today at 502-489-1135. 


Your March 2021 Home Maintenance & Safety Checklist


Tax Season is Here!

Tax Season is j, what better use for your hard earned tax refund than to use it to buy a home?

Your tax refund could just be the boost you need to help with the down payment or closing costs on your new home, and with homeownership come tax benefits too!

So don't waste your tax refund on something the won't make you wealthier, use it for something that will increase your net-worth and provide for a more stable future!

If you are preparing to purchase a home, whether it is your first, or your fifth I can help you navigate through the process and make sure that you are getting the best deal possible.

Give me a call 502-489-1135


If you’ve been saving up to buy a home, you may be closer to achieving your goal than you realize. There are many options available to make homes affordable today, especially for first-time homebuyers. Reply to this e-mail to learn about the down payment assistance programs you qualify for in our area.


Has the Luck of the Season Shined on You?

If the luck of the season has shined upon you this year, maybe you should use that luck to purchase a new home?

This may be the time to turn your luck into a "Pot of Gold."

If you need a Real Estate Professional, look no further than David Hittle with United Real Estate Louisville 502-489-1135


Spring 2021 Buyer’s and Seller’s Guides are Now Available! [VIDEO]

The housing market has a lot to offer both buyers and sellers right now. Let's connect to make sure you have the resources you need for the spring season.


The Charles Grand Tour [VIDEO]

Wanting a New Home Ready for the Summer?

A New Construction Might be the Answer!

Check out my "Grandtour of the Charles"

(This Video was Made in 2020, the starting price for the Charles is now $325,990)


Check out this amazing home here:


How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

Some Highlights

With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home.

Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process.

If you’re looking for an expert guide to help you navigate today’s lightning-fast housing market, let’s connect today.


It’s no secret: homeownership is the best way to develop wealth. As home values continue to appreciate, homeowners are seeing their #equity grow by leaps and bounds. If you’re ready to invest in a home of your own, DM me today to learn about the best place to start.




Sunday at 2pm on Youtube Live “February 2021 Housing Market Report”

Watch Live at 2pm at


If you missed last week’s Youtube Live you can check that out here:

View the Video Here:


Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at or visit



Message from David Hittle, Realtor United Real Estate Louisville:

I hope everyone is enjoying this warmer weather here in our Kentucky area… if there is anything I know about Kentucky the weather will be completely different tomorrow, so enjoy it while it lasts.

As the weather heats up, traditionally, we see an uptick in housing inventory as well. This is good news for Homebuyer’s who have been looking for their dream homes; but is bad news for home sellers.

While home buyers want to see more homes so they have more to choose from. Home seller’s want fewer homes, because more homes mean fewer eyes on their home. So, if you are looking to buy a home, now maybe the time to start looking for that Dream Home. If you are looking to sell your house, now is the time to get it on the market before your neighbors start selling their homes as well.

No matter the situation, whether you are buying or selling I can help, and I hope that if you are reading my e-mail and allow me to provide a real estate education to you and your family, that you will use me when you are ready to make your moves.


If you or someone you know needs a Realtor – I would be honored to help just call me 502-489-1135


If you are interested in purchasing a home, I currently have 1 listings on the market, with what I pray will be many more to come! You can see that listings below, however if it does not fit your needs I hope you will contact me so I can get you a personalized list of homes that fit your needs!


2301 Bickel Road, Louisville, KY -

This home is near all the amenities you could ever ask for. From Food, to Sports, to Entertainment to the Downtown scene; this home is near it all and would make for a great rental home or starter home for someone looking to be near the fun of our city!


Please share this listing with your friends and family, and if someone is interested please send them my way or have them contact me at 502-489-1135 (Call/Text).


Looking to Sell your House! I Want to Interview for the Job! I do not pressure my clients, I’m very patient and I walk them through what all I will do! I have a 29-Point Marketing Plan for Selling Your House! If You want to Sell, I will help get it sold for you! Give me a Call Today: 502-489-1135 Get a Home Valuation Here: or a Free Seller’s Guide Here:


Looking to Buy a Home! I Want to Interview for the Job! You Do Not Pay Me! I’m Paid by the Seller’s Upon Closing of the Deal! I’m very patient and I will walk with you through the entire process! If You want to Buy a Home, I will help you get the best deal possible! Give me a Call: 502-489-1135 Get my Free Buyer’s Guide Here:


Looking to Buy a Brand New Home? I would love to set up an appointment with my favorite builder for you! Why spend the money on an older home, with its issues, and its problems when you could buy a brand new, customizable home, and receive a 1 year home warranty, a 7 year structural warranty, and the peace of mind, knowing that when you sell that home, it is a 2020 built home! Give me a Call Today: 502-489-1135


This week the Mortgage Interest Rates as published by Freddie Mac rose to 3.02%, +0.05 points from last week’s 2.97%, they are still better than last year’s 3.29% but we are getting closer to last year’s figures. 2.65% is the lowest ever seen since recording started back in 1971 and was obtained the first week of January 2021. If you are paying more than 4% on your mortgage, contact me today! A refinance may be the way to go for you, if you plan to stay in your home for a while.


This week in the Louisville and Lexington Kentucky area there were 2,798 (-559) homes & condos for sale, with the average days on market sitting at 39.80 (+ 1.98 Days). We are now at 1.04 (-0.21 Months) months of inventory, making this a “Seller’s Market” which is under the six months needed to have a “Balanced Market”. Builder’s Don’t seem to be able to keep up with the incredible demand!


The Average Sale Price for January 2021 was $252,273 (Down $5,765 from December 2020), with Median Selling Price being $213,000 (Down $7,500 from December 2020). These numbers are up from last year’s $216,581 and $180,000 respectively. Year over year both average sale price and median selling price were up vs. last year.


If you are in need of a Real Estate Professional someone with the heart of a teacher, rather than a heart of a salesperson I’m the Realtor for you!


If you ever have any questions at all, please feel free to contact me, I’d love to hear from you and hear about your plans for the future!


You can email me at
You can text me or call me at 502-489-1135
If you would please visit and LIKE my Facebook Page at We Have OVER 320 LIKES! THANK YOU
I would also encourage you to visit my newly customized website at 


Thank you once again, for allowing me to assist you on your homeownership journeys.

Blog author image

David Hittle

Hello, and welcome to my website - my name is David Hittle and I'm a VA Certified Realtor and NAR e-PRO with United Real Estate Louisville. The ultimate goal for a Realtor is to provide the client wit....

Latest Blog Posts

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

     Sunday at 2pm on Youtube Live “The Benefits of Homeownership”Watch Live at 2pm at If you

Read More

How a Change in Mortgage Rate Impacts Your Homebuying Budget?

    Weekly Real Estate News March 28 – April 3, 2021  Sunday at 2pm on Youtube Live “Is Homeownership Still Considered Part of the American Dream?&rdquo

Read More

Buyer & Seller Perks in Today's Housing Market

Weekly Real Estate News March 21 – March 27, 2021  Sunday at 2pm on Youtube Live “Busting 2021 Real Estate Myths”Watch Live at 2pm at

Read More

To Renovate or Not To Renovate Before You Sell?

Weekly Real Estate News March 14 – March 20, 2021  Sunday at 2pm on Youtube Live “To Renovate or Not To Renovate Before You Sell”Watch Live at 2pm at

Read More