Sunday at 2pm on Youtube Live “Two Reasons Why Waiting a Year to Buy Could Cost You”

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://www.youtube.com/watch?v=7EaTw-8zeR8              

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

·         Is it time to move on to a New Home? (Article Below)

·         Remote work is here to stay. Can your home deliver the Space you need? (Article Below)

·         23 Types of Hardwood Flooring Article Here: https://bit.ly/3o8cV5G    

·         Buyer’s Aren’t Breaking the Bank to Afford Home Prices (Article Below)     

·         Is a 20% Down Payment Really Necessary to Purchase a Home? (Article Below)    

·         Should you Refinance your Mortgage to pay off Student Loans? (Article Below)    

·         Two Reasons why Waiting a Year to buy Could cost you! (Article Below)    

·         An Escrow Account holds Money toward your Down Payment Article Here: https://bit.ly/3lZBEGP     

·         Fed Hints Mortgage Rates May Soon Rise (Article Below)      

·         Expert Quotes on the FALL Housing Market (Video Below) 

·         20 Curtain Idea for your home Article Here: https://bit.ly/3ogWIem

·         Mortgage Rates Averaged 2.88% this week (Article Below)

·         It’s Still a Seller’s Market (Graphic Below)

Do you need David Hittle as your Realtor? Does a Bear Poop in the Woods?

Do You Need David Hittle to be your Realtor? Do Bears Poop in the Woods?

If you are in the market to sell your house or buy your next home, don't step in Bear Poop contact David Hittle today!

502-489-1135 or Shopkentuckyhomes@yahoo.com

Good News for First-Time Buyers

Here’s some great news for first-time buyers: more options are coming to market. Last month, we saw a jump in the number of listings for entry-level homes. Email or Call Me today so we can explore all the latest options together to find your first home. Shopkentuckyhomes@yahoo.com/502-489-1135.

Why We’re Not Headed for a Housing Crash (Video)

Watch the Full Video Here: https://fb.watch/8fk-Ba-K1X/

Many see a crazy housing market as we are seeing right now as a sign of negativity. In actuality, this housing market has been created by a supply and demand problem, compounded by a sharp decrease in supply during the pandemic.

Supply and Demand is what runs our economy, and therefore it is not a negative. On top of that, the experts agree, this housing market is not preparing for a crash.

So, don't listen to the media, or your neighbor, contact an expert in the field, someone operating in it and through it, each and every day. Contact a Realtor with the heart of a teacher; contact David Hittle with United Real Estate Louisville.

Don’t Become a Statistic!

Foreclosure is a very real and very scary prospect to face!

If you are in this situation, and are afraid you may lose
your home connect with David Hittle with United Real Estate Louisville

He will sit down with you one-on-one and go over all the options available.

Don't be another statistic, seek advice today! Before It Is Too Late!

Is It Time To Move on to a New Home?

Before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.

If you’ve been in your home for longer than the norm, chances are you’re putting off addressing one, if not several, of the reasons other individuals choose to move. If this sounds like you, here are a few things to consider:

>>If your needs have changed, it may be time to re-evaluate your home.

As the past year has shown, our needs can change rapidly. That means the longer you’ve been in your home, the more likely it is your needs have evolved. The Balance notes several personal factors that could lead to your home no longer meeting your needs, including relationship and job changes.

Read the Full Article Here: https://bit.ly/3lYv1Ex

Whether it is a good or bad time to move on to a new home is really up to your financial circumstances and what you really need in this society. With the pandemic impacting all of our lives the reason for our homes has changed dramatically. In Today’s world, your home is no longer just a place to come home and lay your head to sleep. Today, many homes are your place of rest, your restaurant, your church, your school, your children’s school, your WORK, etc. If your home is no longer suitable for your needs today then moving may be something you would want to look into. If you are selling your current home, you may have significant equity in your home that can be used as a large down payment for your next home. If you are looking for your first home, safe some money, and if necessary you can purchase your next home for as little as 0 to 5% down payment. Other costs do apply, which is why you should contact your favorite Realtor to discuss what all is involved. Give me a Call 502-489-1135!

My Last Two Listings Sold in Less than 24 Hours!

My last two listings sold in under 24 hours... How?

Because David Hittle with United Real Estate Louisville, uses great marketing strategies to make sure everyone who wants to see your home sees your home in the best possible light.

When you use David Hittle to sell your home, you will know you have an expert on your side that knows what you home is worth in today's market, and will work to make your home sale as easy as possible.

If you would like a FREE Home Valuation visit the link below!

https://davidhittle.unitedkentuckymls.com/sell.php

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

If you’re still longing for a dedicated home office, now may be the time to find the home that addresses your evolving needs. More and more companies are delaying their plans to return to the office – others are deciding to remain fully remote permanently. According to economists from Goldman Sachs in a recent article from CNN, "Job ads increasingly offer remote work and surveys indicate that both workers and employers expect work from home to remain much more common than before the pandemic."

If you own your home, it’s important to realize that continued remote work may give you opportunities you didn’t realize you had. Since you don’t need to be tied to a specific area for your job, you have more flexibility when it comes to where you can live.

Read the Full Article Here: https://bit.ly/3EV9NQv     

Remote work due to the pandemic changing our lives has caused many Americans to stay at home for work. According to the article 23% of Americans workers are going to remain in remote work. If you are one of them, your home may not be suitable for your current needs. If this is the case, let’s connect and plan your next steps. That is what I am here for, to help you find your next home, if you are ready to begin, Let’s Go! 502-489-1135

Buyers Aren’t Breaking the Bank to Afford Home Prices

As I indicated earlier this week, we are starting to see a shift in the housing market. This report further illustrates that point.

Buyer's have settled down from the frenzied need for a home no matter the price and are settling in for homes that meet their budget.

It is anyone's guess what is coming down the road, but here is what I believe we will start to see.

Home prices will slow their appreciation into the new year.

Mortgage interest rates will average above 3% in the new year.

Average days on market will rise, as less buyer's enter the market.

The average number of contracts per home will fall as well with less buyer's in the market.

Read the Full Article Here: https://magazine.realtor/daily-news/2021/09/21/buyers-aren-t-breaking-the-bank-to-afford-home-prices?fbclid=IwAR3Rdyl9B-fXIdRkxVRwbwC8__K5FO3fnth0O3LTtnlAOavCqsXYZ8YW6_Q#!#.YUp9oUjiPhY.facebook  

There is a real market shift happening right now, and whether it will be good for one side and bad for the other is still to see. The predictions are that mortgage interest rates will be rising, and those rising rates are going to cost buyer’s more money on their home loans. For seller’s rising interest rates mean less buyer’s potentially buying their home. Now is a good time to make your moves, get everything done before the New Year hits. If you are ready to go, let’s connect and decide what your needs are and what your concerns are in today’s market. 502-489-1135.

Is a 20% Down Payment Really Necessary To Purchase a Home?

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle.

If saving that much money sounds overwhelming, you might be ready to give up on the dream of homeownership before you even begin – but you don’t have to. According to the Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. It may sound surprising, but today’s average down payment is only 12%. That number is even lower for first-time homebuyers, whose average down payment is only 7%.

Read the Full Article Here: https://bit.ly/2Y3xO7n     

The fast answer is NO! You do not need 20% for a down payment for your home, so breathe. In actuality you may be able to purchase a home with a down payment as low as 0%. You should know before you make any sort of moves, if you ever have any questions about Real Estate, I want to be your teacher! Just give me a call or text 502-489-1135. I’m available to help you!

Should You Refinance Your Mortgage to Pay Off Student Loans?

Consider these tips if you want to use home equity to pay off student loans. #mortgage #smartmoney

Read the Full Article Here: https://homevalueplus.info/a/130156818?fbclid=IwAR2-JNUynilkQgDBxvqCMtlDnrz_MuW8IXDC0733-GefEqPOEMEDIYSkkpQ              

Being a Dave Ramsey Fan, the answer to that question may be both... depending on your financial situation. It is recommended that you should not refinance your home unless you will get a 1% point reduction in your current mortgage interest rate. You also have to remember that you shouldn’t refinance unless you plan to stay in your home for a few years, because of the fees associated with refinancing and only a few years will allow you to recoup those costs. However, Student Loans ARE HORRIBLE!!! (I say that as a current holder of them). Student Loans are the only loan, that is basically stuck with you until DEATH!! They are not bankrupt-able, they are backed by the government, so know that they will take away everything you love to get the loan paid off!!! I recommend paying off your student loans as quickly as possible!! Use the Baby-Steps and Get out of Debt, it is a Feeling You Cannot Imagine! If you have questions about Real Estate of the Baby Steps, I would love to help with both, call or text me 502-489-1135.

Two Reasons Why Waiting a Year To Buy Could Cost You

To determine if you should buy now or wait, you need to ask yourself two simple questions:

What will home prices be like in 2022? And where will mortgage rates be by the end of 2022?

Three major housing industry entities project continued home price appreciation for 2022. Here are their forecasts: Freddie Mac: 5.3%, Fannie Mae: 5.1% and Mortgage Bankers Association: 8.4%.

Using the average of the three projections (6.27%), a home that sells for $350,000 today would be valued at $371,945 by the end of next year.

Today, the 30-year fixed mortgage rate is hovering near historic lows. However, most experts believe rates will rise as the economy continues to recover.

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

Check Out This Article… If you are thinking of purchasing a home this year, this article should spur you to move, and move NOW!! If the predictions are accurate, waiting is going to cost home buyer’s thousands and thousands of dollars! If you are thinking about moving, move, while the moving is good! Text or Call me with any questions 502-489-1135

Most people agree: it’s a good time to sell.

73% of consumers polled believe it’s a good time to sell versus just 48% a year ago. Buyer demand is still high and housing supply is still low. If you’re a seller, that means there’s a golden opportunity for you this fall. Call or Email me so we can talk more about today’s unique sellers’ market and what it means for you. 502-489-1135/Shopkentuckyhomes@yahoo.com

Fed Hints Mortgage Rates May Soon Rise

I have spoken about this multiple times as the predictions keep changing about where mortgage interest rates are headed.

The Federal Reserve does have influence in mortgage interest rates, and if they are hinting that rates will be rising, they very well may be rising soon.

The National Association of Realtors have predicted that mortgage interest rates should be around the 3.5% rate in mid-2022.

Now is the time to get the home you want at this low rate. We may not see mortgage interest rates this low for many many decades to come if ever!

Read the Full Article Here: https://bit.ly/2XxjCTq    

If you want to move, moving now may save you hundreds or thousands of dollars in interest on your mortgage.

Let's connect and determine what your next steps should be! 502-489-1135

Thank You – For Making Me The Realtor I Am!

Happy Fall Ya’ll

Fall is the Cool Season for Some, but for the Housing Market it may just be as HOT as the Summer Was!!
Typically during the Fall, homeowner's and homebuyer's are not conducting too much business... But these past few years have been nothing TYPICAL!
Fall is a great season for home buyer's to catch a last minute deal, before the end of the year and the start of 2022!!

If you are wanting to get your home sold, or you are wanting to get into a new home before the end of the year, now is the time to contact David Hittle with United Real Estate Louisville 502-489-1135.

Expert Quotes on the FALL Housing Market (Video)

Experts agree that the housing market is still strong this fall and gives both buyers and sellers unique opportunities.

Watch the Video Here: https://fb.watch/8fnmd0wESg/  

Let's connect if you’re ready to make a move this season. 502-489-1135

Check out my Latest Listing!!

This Beautiful Brick Ranch is now Live!!

Come check out this move-in ready home out in E-Town!

We have a 3 Bedrooms 2.5 Bathroom home!

2 Car Detached Garage - Circular Driveway

Front Porch - Back Deck with Handicap Accessible Ramp

800+ Square Foot Bedroom with Walk-in Closet and Full Bath

USDA Approved Area = 0% Down Payment Financing Available

If you would like a private showing, give me a holler at 502-489-1135

Does your home provide a space for work and life?

Remote work is changing what we need from our home. Does yours have a dedicated office space? Do you have enough room to support a true work-life balance? If not, it might be time to address your shifting needs. Email or Call me today so we can find the home that’s right for you. Shopkentuckyhomes@yahoo.com/502-489-1135

It’s Still a Sellers’ Market [INFOGRAPHIC]

Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

This maybe the final opportunity to take advantage of these amazing interest rates, and this amazing housing market. If you are wanting to make a move, I would highly suggest making that move before the end of the year. I will be here for you next year, but my job is to make you aware of what is coming around the bend! If you have any questions Email or Call Me today! Shopkentuckyhomes@yahoo.com / 502-489-1135

New Listing in Elizabethtown

New Listing! Take a look at this fantastic new property that just hit the market located at 352 Meadowview Dr in Elizabethtown. Reach out to (502) 489-1135 for more information.

To Learn more about this property please visit: https://www.homeforsale.at/352_MEADOWVIEW_DR_19bcrf-34mk-34mk?cc=67r59&fbclid=IwAR2gvb0Ceg112D4iEX10y70559kVR1KCSvCBI6UXqpWvddD7qGUaw0wmf4s

Mortgage Rates Averaged 2.88% This Week

Mortgage interest rates end the week slightly higher than last weeks 2.86%, ending the week at 2.88%.

With mortgage interest rates remaining under 3% home buyer's are getting better mortgage payments than any decade before!

Remember, the lower the interest rates the lower the interest paid on your loan over it's lifetime!

Read the Full Article Here: https://magazine.realtor/daily-news/2021/09/24/mortgage-rates-averaged-288-this-week?fbclid=IwAR1tMMY75kK6WGFy4Q2soTbdWdbDOGqf1YhffhQNgATHMKswPe0IQ6MX0MY#!#.YU6Ri8SWi5M.facebook   

I personally believe that mortgage rates are not going drop too significantly into the future. Experts are predicting mortgage rates rising 3.5% by Mid-2022 which means fewer home buyer’s and for those home buyer’s higher mortgage payments, and more interest paid on their home loans. If buying or selling a home is something that is on your mind or heart contact me today so that we can plan your next steps. Text or Call me today! 502-489-1135

Sunday at 2pm on Youtube Live “Two Reasons Why Waiting a Year to Buy Could Cost You”

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://www.youtube.com/watch?v=7EaTw-8zeR8              

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:

It is crazy to think that this year being over is right around the corner. September is here, and is almost gone as we entire its final week. We saw this year was just as fundamental when it comes to Real Estate. Prices have risen, Interest Rates have stayed low, it has been a great market and a great run. The predictions this year were that interest rates would average 3%, this did not happen. The new prediction for next year is that interest rates will reach 3.5% by mid-2022. As an article above indicated the Federal Reserve is preparing to make moves that very well may impact mortgage interest rates, due to over-spending by the government inflation is starting to have a huge impact on our lives and the costs of our daily lives are on the rise.

10.4 Million – that’s how many jobs are available and are unfilled, the largest amount in history. So while the economy starts to experience inflation, businesses need people, and aren’t finding them. Wages have surged, and pay is on the rise, which will help keep up with inflation and cost of living. However, as inflation hits harder and harder, not only will you feel it in your grocery bill, but you will also see it in the cost of everything around you. Material prices were already up due to Covid, and now they will rise due to the inflation caused by the squeezed economy and reduced value of the Dollar.

As this year starts to wind down, stay in touch with David Hittle with United Real Estate Louisville to keep you up to date on all the happenings.   

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!

352 Meadowview Dr. Elizabethtown, KY (Active) - https://davidhittle.unitedkentuckymls.com/property/94-1597115-352%20Meadowview%20Dr-KY-42701

This large move-in ready Ranch home is in a prime location minutes from Ft. Knox and Louisville. This home is handicap accessible and includes 3 bedrooms and 2.5 bathrooms on 0.47 Acres. If you are looking for a home in a USDA Loan approved area, and a home that fits your current needs, this one should be on your list.

2407 Bank Street, Louisville, KY (Active) - 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 had 30-Year Fixed Rate Mortgages rose to 2.88%, up 0.01 percentage points from past last week’s 2.87%, rates this time last year were 2.90%. 2.65% is the lowest ever seen since recording started back in 1971 and was obtained the first week of January 2021.
15-Year Fixed Rate Mortgages rose to 2.15% down 0.03 percentage points from last week’s 2.12%. Average 15-year fixed rates last year were 2.40%.

This week in the Louisville and Lexington Kentucky area there were 3,976 (+39) homes & condos for sale, with the average days on market sitting at 18.80 (-0.1 Days). We are now at 1.38 (+0.19 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 August 2021 was $273,072 (Down $15,995 from July 2021), with Median Selling Price being $235,000 (Down $14,900 from July 2021). These numbers are up from last year’s $267,687 and $225,000 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 400 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.