Mortgage Rates Are Back Under 3%

Dated: April 25 2021

Views: 24


Sunday at 2pm on Youtube Live “How You Can Still Secure a Low Mortgage Rate on Your Next Home!”

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

This Week’s Highlights:

·         How Much Time Does it Take to Save for a Down Payment?

·         March 2021 Louisville & Lexington Housing Overview

·         New Construction Surges, but Will it be Enough?

·         Average homeowner gained $26,300 in Equity Last Year!

·         The Huge Difference Between Owning & Renting: Equity!

·         Gold Prices Holding Steady While Home Prices Rise.

·         Interest Rates Remain low Helping Buyers & Sellers Alike.

·         Don’t be too Impressed by the Headlines.

·         It is not a Bubble, Just a Lack of Supply.

·         Is it Better to buy Stocks or a Home?

·         Mortgage Rates Fall Below 3%.

Are you Looking for your Ticket to Homeownership?

Are you looking for your ticket to Homeownership?

David Hittle with United Real Estate Louisville can help get you your ticket!

Buying a home is a huge step and is part of the American Dream!

If you are ready to get on board the train to Homeownership, let David be your conductor give him a call today 502-489-1135.


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!


How Much Time Do You Need To Save for a Down Payment?

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think.

Using data from the U.S. Department of Housing and Urban Development (HUD) and Apartment List, we can estimate how long it might take someone earning the median income and paying the median rent to save up for a down payment on a median-priced home. Since saving for a down payment can be a great time to practice budgeting for housing costs, this estimate also uses the concept that a household should not pay more than 28% of their total income on monthly housing expenses.


Read the Full Article Here:             


A down payment is an important aspect of buying a home. Depending on the loan, your down payment could be between 0 and 5%. For VA and USDA loans the required down payment is 0%. With an FHA the down payment requirement is 3.5%, and for a Conventional loan the down payment requirement is between 3 and 5%. So, next time you are looking at a home to purchase or you know your maximum home purchase amount and want to know what the down payment will be you can use the figures above to find out. If you are ready to buy that next home, let me know, so we can get you started on the path to Homeownership. Call me Today 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


Check out How March 2021 was for Louisville/Lexington’s Housing Market


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

Housing Starts Surge, But Is It Enough to Meet Demand?

Even with the costs of lumber skyrocketing, homebuilders know that demand is calling, and that new homes will sell.

As we ease out of the pandemic, homebuilders are starting to ramp up production in an effort to meet the ever growing demand.


Read the Full Article Here:!#.YH7EUkXjmUg.facebook


New Construction is starting to take off, but the question is whether it will be enough to meet demand? The experts are saying it will take many years to get housing inventory to a stable level or to a level that will meet current demand; the rising material and labor costs are adding to the hold-up as well. Today, new construction homes due to rising material costs are yet again out pacing that of existing homes. So, while new construction homes are needed to help boost inventory, the real need is existing homes, or homeowners willing to sell their homes to get us where we can meet demand. If you are thinking about, or ready to sell your house, let me know, the first step is to run a home valuation and tell you what you will “net” from the sale of your home. From there you can decide if selling your house is right for you. Give me a call today! 502-489-1135


Average Increase in Home Equity in 2020

The average homeowner with a mortgage saw an equity increase of $26,300 last year. That’s a huge boon to your net worth and can be used to afford a larger down payment on your next home. Reply to this email to learn how you can make your home equity work for you this year.


82,338 Great Reasons to Buy a Home Today

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.

Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows:

>>2021: 6%

>>2022: 4.5%

>>2023: 4%

>>2024: 3.6%

>>2025: 3.5%

Using their annual projections and a $350,000 home as an example, a homeowner could increase their net worth by $82,338 in five years. That’s an average of $16,000 annually.


Read the Full Article Here:


There are so many reasons why someone should own a home but the main reason is the equity that is gained from owning a home. The huge difference between renting and owning is the net worth and equity gains from owning a home rather than renting one. If you are ready to become a homeowner, I’m here to help give me a call today 502-489-1135!


Who is the 8th Largest Real Estate Brokerage in the U.S.? – United Real Estate!!

I'm so proud to be a Realtor with United Real Estate Louisville.

It feels like a big family, and we root each other on through our highs and our lows. I love that I can always ask someone a question or for advice and I know I'm getting top-nodged information.

United may not be the biggest, but we are certainly the best!!!

If you have a Real Estate need, I and we are here to help you!



Looking for your new home doesn't mean you have to drive all over the city.

We have a list of homes priced under $250,000 and we'll provide it to you for free!

Click the link below for access to this list!


Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm.

After creeping up, average mortgage rates have dropped more recently. With rates taking a slight dip over the past two weeks at the same time the inventory of houses for sale is so low, homeowners today are sitting in the optimal seat to sell. What’s the advantage to selling your house now? Securing a low mortgage rate on your next home.

Experts are encouraging homeowners to act now before interest rates climb.


Read the Full Article Here:  


Mortgage rates dropped this week to below 3%, which is great news for those home buyer’s who may have been priced out of the market due to the rise in interest rates. Less than 3% interest rates are also great news for homeowners looking to stay in their homes for a little while, as they can refinance at the lower interest rate and reduce their monthly home costs in the process. They can also sell their homes while home prices are high, and purchase a new home or downsize to a smaller home with the same lower interest rates. If you are thinking of buying or selling a home, I’m here to help, give me a call today so we can get you started before the market changes again 502-489-1135!


Don’t Be Fooled by Remarkable Real Estate Headlines

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases.

While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term quirk in the reporting of this data. Essentially, the increases will reflect a combination of two things: sharply lower housing numbers during last year’s virus-related market collapse and the subsequent strong rebound. This will result in what will appear to be unbelievable growth.

Consider single-family home sales as an example. Last spring’s buying market was anything but typical. Instead of sales increasing, they fell sharply as a result of the pandemic.


Read the Full Article Here:


2020 was a wild year for the housing market, with ups and downs, and mostly downs due to lack of interest during the height of the pandemic. This year is going to be different from last year as most interest in homes increases as more individuals obtain their vaccine and life starts to turn back to normal. The remarkable headlines you are hearing, comparing this year to last year must be seen through an unusual lens, because of the pandemic last year, this year compared to last year may give some shocking headlines; but we must remember where we were and where we are headed when reading these headlines. If you are in need of  a guide, in this roaring housing market, give David Hittle with United Real Estate Louisville a call 502-489-1135!


Tax Season is Here!

Tax Season is here, 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 that 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

When asked if today’s high buyer competition and rising home prices are evidence of a housing bubble, Lawrence Yun, Chief Economist at NAR, said this “is not a bubble. It is simply lack of supply.” Today’s housing market is healthy, and rising prices are driven by real buyer demand. Reply to this email to talk about navigating such an energetic market.


April Showers, Bring May Flowers! April Also Brings Home Buyer’s!

They say that April Showers, Bring May Flowers but April Showers also bring Home Buyer's.

As inventory levels increase as the weather warms up, more home buyer's are going to be looking for homes.

Will they be looking at your home? Not if it is not on the market...

If you are ready to make your moves and upgrade or downsize into a new home, give me a holler today!

I will get your house on the market and on its way to sale, while also finding you your next home!

Let's get started today, before your neighbors all sell their houses first! 502-489-1135


Wondering if it is best to invest in STOCKS or BUY A HOME? [VIDEO]    

Given the option, most Americans would prefer to invest in homeownership than in stocks. Let's connect today if you're ready to enjoy the financial benefits of homeownership.


Check out the Latest 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:


2 Bedroom, 2 Bathrooms 1,691 Sq. Ft. Home in Germantown, Louisville, KY Listed for $279,900    

4 Bedroom, 3 Bathrooms 2,640 Sq. Ft. Home in Fairfield, Louisville, KY listed for $325,000    

2 Bedroom, 2 Bathrooms 1,393 Sq. Ft. Patio Home in River Forest, Louisville, KY listed for $188,000   

3 Bedroom, 3 Bathroom 2,516 Sq. Ft. Home in Pleasureville, KY listed for $265,000  

4 Bedroom, 4 Bathroom 2,808 Sq. Ft Home in Hudson Creek, Louisville, KY listed for $324,999  


If any of these homes look like your Dream Home, don’t hesitate to reach out to David Hittle with United Real Estate Louisville for a private showing today! 502-489-1135


Your April 2021 Home Maintenance & Safety Checklist

Being friends with a Realtor is great because you get all of these helpful tips on how to care for your home!

If you have a home and are looking to spruce it up for sale, I'd be happy to help you with that endeavor!

If you are looking to buy a home, at least you have these checklists to help you make sure that the home is perfect for you and yours!


Your Social Media Superstar 2020

How amazing is my Brokerage? So amazing they recognize a Superstar when they see one!


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:


This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.” Today’s housing market is healthy, and rising prices are driven by real buyer demand. Reply to this email to learn the best ways to navigate such an energetic market.

Connect with David Hittle with United Real Estate Louisville, to get you into your Dream Home – A Home That Fits Your Needs 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


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

2407 Bank St Louisville, KY 40212

I have a new listing with 2 Bedrooms, 1 Bathrooms in Louisville, KY.

If you are interested in the newest investment property to hit the Louisville market, give David Hittle with United Real Estate Louisville a call today 502-489-1135!


Mortgage Rates Are Back Under 3%

Some welcome news for Homebuyer's this week is that mortgage interest rates fell below 3%.

This means savings on that monthly mortgage payment!!

While inventory is making it a little hard to find the perfect home, if you are ready to own a home I won't stop until we've found it!

If you are in the market to buy a home, now is the time to lock in these great rates before they sail away!


Read the Full Article Here:!#.YIQnKp1qrrc.facebook


The experts have predicted that 2021 would have an average of 3.3% interest rates, but this week those rates fell under 3%. Do not allow this second chance opportunity to pass you buy, by having a rate under 3% a homeowner will be saving thousands of dollars over the lifetime of their loan. Ready to buy that next home, let’s get started today so we don’t miss the boat 502-489-1135


Sunday at 2pm on Youtube Live “How You Can Still Secure a Low Mortgage Rate on Your Next Home!”

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 week has been another busy week, making offers, getting rejected on some and accepted on others, it is just the way the market is right now.

Did you know? The Average home is receiving 4 offers!!! That is crazy, and means more money in the pocket of home seller’s when they sell their houses.

However, selling your house a lone can be an annoying process, with random strangers calling all hours of the day, wanting to visit your home at all hours of the day, having a Realtor stops you from receiving those calls, and annoyances, and on average nets you 6% more on your sale.

This is a great time to sell a house, and it is getting to be a better time to buy one as well. While home prices continue to rise, interest rates look like they are starting to fall again, this is great news for all and will cause this market to go into hyper-drive.   


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 2 listings on the market, with what I pray

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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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