Buyer & Seller Perks in Today's Housing Market

Dated: March 28 2021

Views: 9

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


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!


What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be surprised by the options that are still available for borrowers with lower credit scores.


Read the Full Article Here:         


Credit score is one of the important factors in whether a home buyer can purchase a home. The lender will evaluate your credit score as one of the first items checked. Some types of loans require higher or lower credit scores as well. I have a lender who can give a loan with a credit score of 580, but the interest rates on those loans are higher. The higher you can get your credit score before preceding toward home ownership the better! For the steps to take on your journey to home ownership, give David Hittle with United Real Estate Louisville a call 502-489-1135


Low Inventory – What does it mean to homeowners?

In our Real Estate Market today we have Extremely Low Inventory!!

As the weather heats up, typically we see arise in inventory levels, however now is the time to get your home on the market and beat the incoming competition to the punch!

Check out these 4 Reasons Why Now is a Great Time to Sell Your House, and when you are ready to make your moves give me a holler! 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


Should We Fear the Surge in Cash-Out Refinances?

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is:

“a mortgage refinancing option in which an old mortgage is replaced for a new one with a larger amount than owed on the previously existing loan, helping borrowers use their home mortgage to get some cash.”


Read the Full Article Here:  


When there starts to be surges in “cash-out refinances,” people get worried about the 2008 housing crisis; back then homeownership were cashing out the equity in their homes and taking much larger balances out on their homes. When the bubble burst, the homeowners owed money on a home that was now worth less than their mortgage, they were “under-water.” This go-around the availability of credit is a lot tighter: meaning that homeowners really had to jump through hoops to get their homes; and are also having to jump through hoops to get their refinances. Also, this time around homeowners are taking less out of their homes then previous years. This lower taking means that if a new bubble did burst, they would not be as “under-water,” as they would be if they took a higher amount. In my opinion I don’t see any bubbles, I see home prices increasing strictly because of demand and lack of supply. If you have questions about homeownership or what is happening in your area, give David Hittle with United Real Estate Louisville a call 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


Officially Cleared to Close!

Finding a home in today's turbulent housing market is like pulling teeth!

But with the right Realtor by your side, you can sail through those turbulent waters and end up owning your Dream Home!

Congratulations Clarissa Tackett and Zachary McCarthy on your upcoming Dream Home Closing!

If you are exploring the possibility of owning a home, let David Hittle and his team of experts get you ready to go on your Dream Home, David will help to find you the home of your Dreams, and guide you through the process, from Finding, to Owning is all a journey that David will guide you on! 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


Why You Should Think About Listing Prices Like an Auction’s Reserve Price

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price they could offer and still get the home. The asking price was generally the ceiling of the negotiation. The actual sales price would almost always be somewhat lower than the list price.


Read the Full Article Here:         


I came from that generation… When I searched for my first home, I took my dad with me, I found the one I thought I wanted listed for $65,000. My father told me, you never give what they are asking for a home, so we offer $60,000. We were eventually countered at $62,500, and that was the price I paid for my home. That was just 6 years ago!!! Today, it is a totally different story, as the article indicates, for most homes today, the list price is the floor of the negotiation, and the eventual sale price will be higher than the list price, sometimes MUCH higher! It is all about the negotiation, and knowing what you are willing to spend on each home that you visit. Does this home have all your needs, and some of your wants? Does this home have everything? If we wait for the perfect home, we might pay a lot more. These are some conversations my buyers and I are having, it is a crazy market and demand is high with supply being low. The goal for me, is to make sure my buyer’s do not sell the farm to buy the home; I try to be their emotional block so that they do not over spend on a home they think is perfect. If you need an emotional block, I’m here for you give David Hittle with United Real Estate Louisville a call today 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



Have you seen signs all over town “We will buy your House for Cash”? Maybe you have been receiving calls, text messages or mail from individuals who want to buy your home.

Who are these people and what is their end game?

These people are called wholesalers and often they have ZERO intentions of buying your home. Most likely your home equity position has skyrocketed over the last several years, sales price across the region is up almost 40% over the last 10-years. Wholesalers are banking on the fact that you may not know what your position truly is. They will make you an offer (again with no intentions of closing) then advertise/shop the contract on your home to other potential investors or buyers and make money on the difference. This is called assigning your contract and you need to be aware that this kind of transaction does not put YOU first.

Usually, wholesalers are not licensed real estate agents and not members of the National Association of Realtors. You need to know that licensed real estate agents are legally obligated to be a fiduciary, which means they MUST put the needs of their clients ahead of their own. And Realtors take an oath to hold themselves to an even higher standard with an obligation to treat ALL PARTIES honestly and fairly. Wholesalers, being neither licensed agents or Realtors, answer to no one.

Wholesalers do not have your best interest at heart. If you aren't contacting a Realtor to find out what your house is worth you are LEAVING MONEY ON THE TABLE. Listing your home with a Realtor ensures it will be exposed to the entire market and not just a handful of investors. We're standing by to help you with your home needs. But even if you don't call us, there are a lot of amazing Realtors in our community ready to help and there has never been a better time to sell your home than RIGHT NOW.

David Hittle, Realtor – United Real Estate Louisville 502-489-1135

Buyer & Seller Perks in Today’s Housing Market

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.

The Biggest Perk for Buyers: Low Mortgage Rates:

Today’s most compelling buyer incentive is low mortgage interest rates.


Read the Full Article Here:    


There are perks for both buyer’s and seller’s in this market, which is why I call this almost a perfect market for both sides. For home buyer’s it is the low mortgage rates, even as they increase they are still near historic lows. For home seller’s it is the low inventory; and both of these play off of each other. For home seller’s the low inventory is causing prices to rise, and for home buyer’s the low mortgage rates are making buying a home more affordable than ever. Whether you are wanting to buy or sell a home know that I am here to help just give David Hittle with United Real Estate Louisville a call today 502-489-1135


Tax Season is Here!

Tax Season is almost upon us, 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


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


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


Expert Insights on the Budding Spring Housing Market [VIDEO]

Experts agree the housing market is set to bloom this spring. Let's connect to make sure you're ready to buy or sell this season David Hittle – United Real Estate Louisville 502-489-1135.


The Maxwell Grand Tour [VIDEO]

Wanting a New Home Ready for the Summer?

A New Construction Might be the Answer!

Check out my "Grandtour of the Maxwell"

(This Video was Made in 2020, the starting price for the Maxwell is now $341,990)

Check out this amazing home here:


Home Prices Rose in 2020 – How Did Your Home Perform?


Are you Ready to Make a Move & Sell Your Home? 

Don't Sell Your Largest Investment Alone! 

In today's market with so many tech savvy buyers, the legal issues, & more, why would your risk selling your own home when there are ways to save you TIME, MONEY AND HEADACHE?

When selling with a Realtor, the transactions prove when priced correctly, marketed to the masses, a home will remain on the market for less days  & sell for more money. 

Don't make the mistake of doing what so many try to do... CALL ME! I'll give you a FREE Home Intelligence Report, 

There is NO pressure, NO commitment. 

I give you the information, the facts and the opportunity to utilize my expertise for a smoother & quicker sale. 

David Hittle, Realtor, Real Estate Professional
United Real Estate Louisville
101 Bullitt Lane, Suite 110
Louisville, KY 40222
Cell: 502-489-1135
#shopkentuckyhomes #unitedrealestate #FSBO #sellahouse #sellahome

Click this link for your Free Home Intelligence Report:


Your March 2021 Home Maintenance & Safety Checklist


2021 Real Estate Myth Buster [INFOGRAPHIC]

Some Highlights

There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.

Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.

Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market 502-489-1135.


You Wouldn't Take a Flight Without a Pilot, So Why Would You Try To Sell Your Home Without a Realtor?

A Realtor is a lot like a Pilot, the Realtor is there to guide you through the process. The Realtor is an expert in helping their client’s negotiate through the processes, when they are buying or selling a home.

As a Realtor, my obligation is to serve you, and to place your needs ahead of everyone else's, even my own!

As a Realtor, I provide a lot of information for free, because I want you to see that I'm the only Realtor you need when it comes to buying or selling a home.

Check out some of the advantages you will have by selling with David Hittle with United Real Estate Louisville:

FREE Home Valuation:

FREE Spring 2021 Seller's Guide:

FREE APP to Search for Your Next Home (Best Opened on a Phone):

These are just a few of the services that I provide, to learn more schedule an appointment today or give me a call at 502-489-1135


Buyers Feeling Rate Pressures

Interest rates are up once again this week reaching 3.17%. As the rates rise, more and more buyer's get priced out of the market.

However, there are still a lot of buyer's out there and they may be looking for a home like yours.

If you are thinking of selling your house, don't wait for interest rates to continue to climb. Let's get it on the market today so that the maximum number of buyer's have the opportunity to make a bid!


Read the Full Article Here:!#.YF-3kvMw80I.facebook


Mortgage rates seem to be heading upwards, and who knows where they will settle out. Today’s rates are still near historic lows, but they are approaching the rates that we saw last year. As the amount of inventory continues to be low, and home buyer’s still demand homes we will see prices continue to climb higher. Some home buyer’s will also be priced out of the market by the rising interest rates, however demand is still strong and inventory is still low, meaning no matter what interest rates do, prices are still rising. If you have a Real Estate need, give David Hittle with United Real Estate Louisville a call today 502-489-1135.



Sunday at 2pm on Youtube Live “Busting 2021 Real Estate Myths”

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:

This was a great week, I got another couple into their dream home, and I continue to help anyone who needs me to help them on their journey’s toward homeownership as well!

It is hard to find homes in today’s market, however they are available, you just have to know your budget (get preapproved) and stick with it, if you lose a home because the price was too high for your liking, you didn’t really lose, you won, because you didn’t allow your emotions to buy a home above your means.

I’m here to help, and would love to help you on your journey as well!


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 3.17%, +0.08 points from last week’s 3.09%, they are still better than last year’s 3.50% 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.


This week in the Louisville and Lexington Kentucky area there were 2,807 (+13) homes & condos for sale, with the average days on market sitting at 39.70 (-0.10 Days). We are now at 1.01 (-0.02 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 February 2021 was $244,537 (Down $7,736 from January 2021), with Median Selling Price being $208,550 (Down $4,450 from January 2021). These numbers are up from last year’s $223,195 and $189,000 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 330 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....

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