Sunday at 2pm on Youtube Live “When Buying or Selling a Home, You Need a Realtor with the Heart of a Teacher!”

Watch Live at 2pm at https://www.youtube.com/channel/UCE-LIrX743JkjfaZyBWCHRA

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

View the Video Here: https://youtu.be/GTso5yxt9xM         

Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at www.facebook.com/shopkentuckyhomes or visit www.shopkentuckyhomes.com

This Week’s Highlights:

·         Looking for Investment Properties? Click Here: https://tinyurl.com/3mcmm65h

·         Looking for Homes with Pools? Click Here: https://myre.io/0HpDFCNj5add

·         Looking for Homes Listed Under $250,000? Click Here: https://myre.io/0cDLdFkXxc7r

·         Want a Home Valuation? Click Here: https://davidhittle.unitedkentuckymls.com/sell.php    

·         Check out my Latest Buyer’s Guide! Click Here: https://bit.ly/3zh4rMG

·         Check out my Latest Seller’s Guide! Click Here: https://bit.ly/2SvEWGX

·         The Right Expert Will Guide You Through this Unprecedented Market (Article Below)

·         Hope is on the Horizon for Today’s Housing Shortage (Article Below)

·         Don’t Wait to Sell Your House (Article Below)

·         Housing Wealth: The Missing Piece of the Affordability Equation (Article Below)

·         Soaring Lumber Prices Create a Boom in the U.S. Housing Market. Article Here: https://bit.ly/3gMUluz  

·         30-Year Rates Average 2.93% This Week (Article Below)

·         Will the Housing Market Crash? Article Here: https://bit.ly/2TRnJI9

We celebrate the Flag, many people fought, were injured, and died fighting for the Freedoms that the U.S. Flag represents.

I am thankful for the American Dream, where no matter who you are, or where you are from, if you are an American you can chase the American Dream.

Today, I'm thankful for Homeownership, and having a home to call my own!

If you would like to achieve the American Dream of Homeownership contact David Hittle with United Real Estate Louisville!

The Right Expert Will Guide You Through This Unprecedented Market

In a normal market, it’s good to have an experienced guide to coach you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from normal. As a result, an expert isn’t just good to have by your side – an expert is essential.

Finding the right agent should be your top priority when you’re ready to buy or sell a home. So, how do you choose the right expert?

It starts with trust. You’ll have to be able to trust the advice your agent is going to give you, so make sure you’re connected to a true professional. An agent can’t give you perfect advice because it’s impossible to know exactly what’s going to happen at every turn, but they will do their best to help and teach along the way.

Read the Full Article Here: https://bit.ly/3xv3PRO    

Dave Ramsey my favorite financial guru also says that when picking a Real Estate Agent, you should pick one with a heart of a teacher. I have modeled my career in Real Estate around that very idea of educating and teaching clients, agents, and customers about the market, about Real Estate and answering any and all questions that come my way. I do not pressure my clients, and I give them my recommendations and let them make informed decisions based on their needs. If you are looking for a Real Estate Agent, who can help you in this market and teach you along the way, look no further than David Hittle with United Real Estate Louisville reach him at 502-489-1135

June Month Marks 2 Years of Real Estate with David Hittle at United Real Estate Louisville

I’ve seen great markets, and I’ve seen crazy markets – I’ve been here through this time and will be here through it all, contact me today to take advantage of my expertise 502-489-1135.

Hope Is on the Horizon for Today’s Housing Shortage

While we are seeing some improvement, we’re still at near-record lows for housing inventory (as shown in the graph below). Here’s why. Since the pandemic began, sellers have been cautious when it comes to putting their homes on the market. At the same time that fewer people are listing their homes, more and more people are trying to buy them thanks to today’s low mortgage rates. The influx of buyers aiming to capitalize on those rates are purchasing this limited supply of homes as quickly as they’re coming to market.

Despite today’s low inventory, there is hope on the horizon. Regarding existing home sales, Sabrina Speianu, Senior Economic Research Analyst at realtor.com, explains, “In May, newly listed homes grew by 5.4% on a year-over-year basis compared to the earlier days of the COVID-19 pandemic last year.

Read the Full Article Here: https://bit.ly/3wONTdy    

We knew the low inventory couldn’t last forever, and that home seller’s would eventually want to take advantage of the increasing housing prices and low mortgage interest rates to sell their homes. It seems we are seeing a slight uptick in housing inventory. However, the small uptick is still not enough. For Kentucky we saw a .6% increase in inventory vs. May that small of uptick will not affect supply enough to cause any price deductions or fluctuations. As building ramps up, and more homes hit the market we may start to see prices stabilize but not by much… If you are thinking about selling your home, let’s connect and talk about how much your home is worth in today’s market, what you will walk away with, and where your next home could be I can and will do it all for you, give me a call at 502-489-1135

There are a ton of people out there buying homes... The problem is not very many people are selling their homes...

I want to be your Seller's Agent!

If you would like someone who puts your interests above his own, someone who will help to guide you and educate you through the process. Someone who will become your best friend through the process of selling your home, I would love to interview for the position!

My name is David Hittle and I'm a Realtor with United Real Estate Louisville and I'm here to help you sell your house!

Don’t Wait to Sell Your House

Whatever the move you want to make looks like, here’s an overview of what’s creating the prime opportunity to sell this summer.

High Buyer Demand

Demand is strong, and buyers are actively searching for homes to purchase. In the Realtors Confidence Index Survey published monthly by the National Association of Realtors (NAR), buyer traffic is considered “very strong” in almost every state. Homebuyers aren’t just great in number right now – they’re also determined to find their dream home. NAR shows the average home for sale today receives five offers from hopeful buyers. These increasingly frequent bidding wars can drive up the price of your house, which is why high demand from competitive homebuyers is such a win for this summer’s sellers.

Read the Full Article Here: https://bit.ly/3vHODzM         

We are living in a Seller’s Market, and have lived in a Seller’s Market for the past 5 or 6 years. Over those 5 or 6 years, the prices of homes (the value – to a homeowner) has increased. Last year in Louisville for instance the prices of homes rose by 9%. In just one year the value of your home potentially increased by 9% or more! Waiting is not the answer, because as more homes hit the market competition increases, and that means less eyes on your home. Now is a great time to sell and find your next home because just like the buyer purchasing your home is getting a great interest rate so can you get a great interest rate on your next home. Why wait? I’m just a phone call away 502-489-1135. I will start by explaining what your home is worth, then I will explain how much you will walk away with, lastly I’ll get an idea of what your next home looks like and where we can find it. I’m David Hittle with United Real Estate Louisville and I can help you today!

Housing Wealth: The Missing Piece of the Affordability Equation

Skyrocketing prices are causing some to start questioning affordability in the current housing market. Many are quick to emphasize the fact that homes today are less affordable than they were last year. Black Knight, a leading provider of data and analytics across the homeownership life cycle, just reported on the issue.

Right now, housing payments are slightly less affordable than the five-year average – but only by less than ½ a percentage point. However, they’re significantly more affordable than the 25-year average. Put another way, a buyer will likely make a slightly greater financial sacrifice to afford a home right now than if they purchased a home within the last five years. On the other hand, it also means the potential financial sacrifice is not nearly as great as what it was over the last 25 years.

Read the Full Article Here: https://bit.ly/3gMbi8t   

Home prices are just going up, up, up, which has some people concerned about a bubble and affordability. However, according to the research homes are still affordable and here’s why. The low interest rates… If you think about the decade chart I’ve posted before – 10 years ago interest rates were around 6% - 15 years ago interest rates were around 8% - 20 years ago those rates were around 12 to 15%. So, while the prices of homes have gone up, home buyer’s today are paying less interest and are in fact saving money vs. those days. Homes are still affordable and I can help you find a home that fits your budget, but in order to do so, I have to know you are looking – so give me a call at 502-489-1135 or leave me a text, or email me at shopkentuckyhomes@yahoo.com so that I can start helping you find that affordable home today!

Are You Ready to Sell Your Home?

Take a look at this, Are You Ready to Sell Your Home? If any of these apply to you, it may be the perfect time to sell your home!

If that is you, let's chat and figure how much your home is worth, and what crazy price you could get in this market!

Top Reason to Own Your Home [VIDEO]

https://fb.watch/6f2sZ90anP/

This National Homeownership Month, take time to appreciate everything owning your home has to offer. Let's connect if you're ready to become a homeowner this year.

The Mortgage Process

Want to know more about the mortgage process? Check out the infographic below.

When you are ready to buy a home connect with me to work with the best people in the industry!

Good News for Buyers

Good news for buyers: the number of houses on the market is improving in most states. With more homes coming to the market, this may be just the opportunity you’ve waited for. Reply to this email today so we can make sure you’re positioned for success this summer.

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]

When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation. If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.

2407 Bank St Louisville, KY 40212

https://external-atl3-2.xx.fbcdn.net/safe_image.php?d=AQEn1Xir2TmmlAVs&w=500&h=261&url=https%3A%2F%2Fimage.corelistingmachine.com%2FZ9JUEG%2F1&cfs=1&ext=jpg&ccb=3-5&_nc_hash=AQGL6KNYkvDvQ9uf

I would love to show you my listing at 2407 Bank St Louisville, KY.

(YouTube Video: https://youtube.corelistingmachine.com/youtube/Z9JUEG)

Get More Information on this home here: https://tour.corelistingmachine.com/tour/titan/?id=6817171&reg=true&_seoAddress=2407-Bank-St-Louisville-KY-1584156

2301 Bickel Road Louisville, KY 40206 (Active Under Contract – Accepted Contract)

https://external-atl3-2.xx.fbcdn.net/safe_image.php?d=AQHNerZy7JGburK0&w=500&h=261&url=https%3A%2F%2Fimage.corelistingmachine.com%2F3F9LM8%2F1&cfs=1&ext=jpg&ccb=3-5&_nc_hash=AQHdGNgYvH2rInot     

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

Get More Information on this home here: https://tour.corelistingmachine.com/tour/titan/?id=6495870&reg=true&_seoAddress=2301-Bickel-Rd-Louisville-KY-1567539

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

30-Year Rates Average 2.93% This Week

It is a rare opportunity that people are able to get second, third, or fourth chances but that is what you are getting with mortgage interest rates!

Interest rates this week not only stayed below 3% but also fell!!

It continues to be a great time to buy a home, if you have been on the fence about buying consider jumping that fence today before these rates disappear!

Read the Full Article Here: https://magazine.realtor/daily-news/2021/06/18/30-year-rates-average-293-this-week?fbclid=IwAR2Ra_xudpbJZPPzMydzjfEjKwKiwVWudGyjsPPQS9kmGuysyVC8RqmvnbA#!#.YM0p0LYnack.facebook

Mortgage Interest rates have not risen to what the experts say the average will be for this year; but are they on the way? Who knows??? However, if you are looking to buy a home now is still a great time to do so because of those low interest rates. If you are ready or if you are wanting to get prepared to buy your next home reach out to David Hittle with United Real Estate Louisville today 502-489-1135!

Sunday at 2pm on Youtube Live “When Buying or Selling a Home, You Need a Realtor with the Heart of a Teacher!”

Watch Live at 2pm at https://www.youtube.com/channel/UCE-LIrX743JkjfaZyBWCHRA

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

View the Video Here: https://youtu.be/GTso5yxt9xM         

Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at www.facebook.com/shopkentuckyhomes or visit www.shopkentuckyhomes.com

Message from David Hittle, Realtor United Real Estate Louisville:

Having the right Real Estate Agent preferably a Realtor is key to buying and selling a home in today’s market. In today’s market where homes are flying off the shelves faster than toys on Black Friday having an experienced Realtor on your side is not just preferred its essential!

When choosing a Realtor you must choose someone you trust. Your Realtor should be giving your recommended prices and ranges on homes that you are seeing. If you cannot trust your Realtors advice you have the wrong Realtor. Likewise, when selling your house your Realtor is going to recommend a price that should meet the market value of your area. It may or may not be the number that you were thinking or looking for, but you must trust that your Realtor is giving you accurate and intelligent advice backed up by the numbers. You can always ask to see those numbers as well, to settle your mind.

The National Association of Realtors is reporting a slight uptick in homes going up for sale, however the uptick here in Kentucky is a minuscule 0.6%. While more homes are reaching the market here in Kentucky that slight increase in inventory will likely be gobbled up and not make much difference in competition or price.

If selling your house has been on your mind, you should not wait… While prices are increasing monthly, and mortgage interest rates are staying low those two factors will not last. While prices will likely continue to increase due to the lack of inventory, inflation, lumber costs, etc. Mortgage interest rates are affected by those same factors. Today, the government is artificially keeping interest rates low, however as inflation ramps up, the government will have to let off the gas on those interest rates in order to stabilize the economy.

By now you know that owning a home is huge, and it is the best way to increase net-worth. When you rent you of course are increasing the net-worth of your landlord. While renting is essential when you are saving for your down payments, don’t stay stuck in a rental forever, by doing so you are giving up your net-worth as a sacrifice!

There has been a lot of talk about the housing market crashing like 2008, and I spoke about it last week on my Facebook and Youtube Lives. The experts are not predicting a housing market crash. Most chalk this market up to Supply and Demand! I agree, unlike 2008 we have low inventory not high. Unlike 2008, the government has regulate the mortgage industry, making it harder to get loans. Unlike 2008, homeowners have sizeable equity in their homes, while in 2008 they had little to no equity in their homes. Today, is much different than 2008 so if that fear is holding you back – “just let it go…”   

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 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 (Active Under Contract – Accepted Contract) - https://davidhittle.unitedkentuckymls.com/property/94-1567539-2301-Bickel-Rd-Louisville-KY-40206

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!

2407 Bank Street, Louisville, KY - https://davidhittle.unitedkentuckymls.com/property/94-1584156-2407%20Bank%20St-KY-40212

This home is perfect for an investor looking to add to their portfolio. The home is a shotgun style, with a camelback featuring 3 Bedrooms, and 1 Full Bathroom. Other homes in the area that are being remodeled are selling for great values. If you are an investor and need a new project this one is right for you.

Please share these listings 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: https://davidhittle.unitedkentuckymls.com/sell.php or a Free Seller’s Guide Here: https://www.simplifyingthemarket.com/en/sellers/?a=489398-03f53f0576489362a12f29c9abd81b9a

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: https://www.simplifyingthemarket.com/en/buyers/?a=489398-03f53f0576489362a12f29c9abd81b9a

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 fell to 2.93%, down 0.03 percentage points from last week’s 2.96%, they are closing in on last year’s 3.13%. 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 3,276 (+5) homes & condos for sale, with the average days on market sitting at 26.50 (+0.4 Days). We are now at 0.97 (-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 are accelerating their building of brand new homes, but with lumber prices on the rise, it is making it harder for smaller builder’s to be able to afford. Bigger builder’s will have to come to the rescue, if we are ever to catch up with home buyer demand.

The Average Sale Price for May 2021 was $272,979 (Up $15,349 from April 2021), with Median Selling Price being $230,100 (Up $6,600 from April 2021). These numbers are up from last year’s $244,112 and $210,000 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 shopkentuckyhomes@yahoo.com
You can text me or call me at 502-489-1135
If you would please visit and LIKE my Facebook Page at https://www.facebook.com/shopkentuckyhomes/ We Have OVER 370 LIKES, 400+ FOLLOWERS!
I would also encourage you to visit my newly customized website at www.shopkentuckyhomes.com
Please also visit our more specific websites purchased and maintained to make it easier for you to find what you are looking for!
For Selling a Home: www.sellkentuckyhomes.com
For Buying a Home: www.buykentuckyhomes.com
For Buying Louisville Homes: www.shoplouisvillehomes.com    

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