Saturday, December 17, 2011

winter is a good time to find houses for sale in Southern Indiana, Northern Kentucky, and Louisville Kentucky

I was talking with a home buyer today about why winter is a good time to find houses for sale in Southern Indiana, Northern Kentucky, and Louisville Ky real estate markets. And I thought I'd share those reasons with you today. The biggest reason to shop for a home for sale in Louisville or across the river in Southern Indiana or up the road in Northern Kentucky is the lack of competition from other home buyers. In Louisville Kentucky, about half as many houses sold in the winter months compared to the number of homes sold in the summer months on average over the past five years. In a typical real estate market year, about 1200 houses sell in the summer months, and 600 houses sell in the winter months in Louisville. The market is similar for Southern Indiana and northern Kentucky real estate. Why is that important? Because with less buyers looking for houses, it is less likely that you will be in a competing bid, mutliple offer situation when it's time to write an offer on the house you want to buy. Another reason to look at houses for sale in the winter months is that the selection is better. You have more houses to choose from. The percentage of inventory that sells every month works to your advantage. And the third reason to look at homes for sale in northern Kentucky in the winter is you can get a good gauge of heat differences in the basement and second floor of a house this time of year. You can tell if a second floor bedroom over the garage will be too cold to sleep in, or if a basement is too cold for a play room. Those are three good reasons to go house shopping this weekend. Call a realtor to set up your list of houses to see. Call 502-554-9400 and ask a River Valley Realty Group agent to help you find a new house for the new year. http://www.rivervalleygroup.com/

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