Louisville, KY Real Estate Podcast with JP Pirtle

Buying a Louisville home? Get a full Home Search  Selling your Louisville home? Get a free Home Value Report  I hope everyone had a great Derby weekend! I'm reaching out because I need your help as our company is growing! We need to hire a full-time maintenance professional. We're buying a lot of real estate and we really need somebody who is good at maintenance and handyman work. “ We'll start this position at a minimum of $18/hour. ” We're looking for character, loyalty, trust, as well as being hardworking and good with plumbing issues. Many of our issues are plumbing-related. A plumbing license is not required, just knowledge and know-how. We'd like HVAC knowledge as well. This person will be very important because they'll help us hire and manage contractors as well. This position does require you to provide your own work truck and tools.  What do we offer? First off, we're looking for someone who wants a career. We'll start this position off at a minimum of $18/hour to show how important the position is. You'll have paid vacations and paid sick days. We're looking for someone who wants a career, and someone that wants to grow with us. If you or anyone you know may be interested, please call me directly or send me an email at [email protected].

Buying a Louisville home? Get a full Home Search  Selling your Louisville home? Get a free Home Value Report  With Tax Day behind us and Derby season among us, I wanted to give you a quick market update for Louisville from March. It’s really rolling, and as you probably know it’s a great time to buy or sell. Last March, we had 5,400 home active whereas this year, there were only 4,500. At nearly a thousand fewer houses, the market got stronger. Absorption rate has dropped from about 4.5 months last March to about three months this year - simply put, homes are selling a lot faster. One thing that’s a bit strange is the average home price; it was $186,000 last March and fell to about $180,000 this March. Average days on the market, improved though. “ I’ve never seen a better time to buy or sell! ” At this time last year, the average days on market was 108, which is down to about 87 days this year. Homes are selling a lot quicker. More are selling, too. Last year in March, about 1,196 home were sold compared to about 1,400 this year. As for interest rates, they’re about the same. Rates were just a hair lower last March but the rates are still great, making it a great time to buy real estate. We keep saying this, but it really is! I’ve been in the business a long time and I’ve not seen a better time to sell or buy. Rates are low and inventory is low, and I’ve seen lots of reports lately saying Louisville is the top real estate market in the country. My quote of the month for May: “Nothing diminishes anxiety faster than action.” - Walter Anderson If you have any questions and need any real estate help, give us a call or send an email. Happy Derby!

Buying a Louisville home? Get a full Home Search  Selling your Louisville home? Get a free Home Value Report  Today we will be examining what happened in the Louisville real estate market in February of 2016. Overall, the market was great: sales were up, and inventory was low. We have a total of 4,400 homes available, which is a big decrease from last year. This is creating a seller’s market, and our absorption rate of 3.23 months is proving this to be true. The average sales price in February was $172,000 and this was about the same as it was in 2015, but it’s early in the year. The average days on market decreased by nearly two weeks, and it now sits at 93 days. Some of this is due to the major lack of inventory. Interest rates are still extremely low, and around here they are at 3.74%. This is causing a lot of home buyers to purchase because they know that their affordability is so high right now. This is also good news for home sellers, because this will bring buyers right to your doorstep. I truly believe that 2016 will be one of the best years on record to sell your home. Finally, a quote to finish off with: “Mistakes are painful when they happen, but years later a collection of mistakes is what is called experience.” Denis Waitley. Give me a call or send me an email with any questions you might have! I look forward to serving your local real estate needs.

Buying a Louisville home? Get a full Home Search  Selling your Louisville home? Get a free Home Value Report  Today we’re going to talk about the Louisville real estate market in January 2016. There were a lot of good things happening, and I want to share them with you.  We saw housing inventory decline. There were 4,600 homes on the market, and last year we had about 5,800. The absorption rate right now is 3.38 months, and the average sales price is $188,000. The average sales prices is actually up by $21,000 from last year! Our average days on market has decreased as well, and it now stands at 92 days. All of these statistics are telling us that we are in a seller’s market right now! Buyers should not be scared away - interest rates are still below 4%, so you can purchase a home very affordably. You have an opportunity to lock in a low interest rate and save thousands of dollars over the lifetime of your loan. My quote for the day is: “We keep what we give, we lose what we take.” I’m not sure where I heard this, but I think that it’s very true.  As always, I look forward to hearing from you! Don’t hesitate to ask me any questions.

Buying a Louisville home? Get a full Home Search  Selling your Louisville home? Get a free Home Value Report  I want to thank everyone who bought or sold a home with us in 2015, or anyone who referred us business. You were a huge help in making 2015 our best year yet! The whole Louisville market performed very well, and we managed to sell 30 homes just in December. Throughout the year we managed to help more than 400 families buy and sell homes.  Let's look at 2015 as a whole. The average sales price was $192,000 in 2015, and this is a nice increase from $180,000 in 2014. Nearly 16,500 homes sold in the MLS in 2015, which is almost 2,000 more homes than 2014. Our absorption rate in 2015 was 4.53, which means that the market was balanced and healthy. We think that this momentum will continue to push us to new heights in 2016. Interest rates will continue to increase, so we're expecting a lot of buyers to come onto the market. If you're thinking about selling, 2016 is a great year to do so. Once again, I'd like to thank you for your business and referrals in 2015. We look forward to serving you at a higher level in 2015. Here's a final quote to close with: "There is little success where there is little laughter."- Andrew Carnegie

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Louisville home? Get a full home search,  Selling your Louisville home? Get a free Home Value Report  We need real estate agents ASAP. It doesn't matter if you want to join the team or if you want to work independently - we need your assistance! So, why join the JP Pirtle Team? We spend over $200,000 per year on advertising for our company and our listings.We expect to sell 400 homes this year, and we expect to sell more next year.We provide you with guaranteed leads - we generate 1,000 leads per month.Our training program is second to none.We have a full-time administrative staff to assist you throughout the entire process.There are no royalty fees, no desk fees, and no monthly fees.We offer a guaranteed 3-month income for you when you start out.We have all the tools necessary to help you succeed. We need licensed agents that can begin working immediately. If you or anyone you know would work in this role, please don't hesitate to contact John Holtzinger at (502) 458-2722. We look forward to hearing from you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Louisville home? Get a full home search,  Selling your Louisville home? Get a free Home Value Report  Today, we’ll review numbers from September in the Louisville real estate market. September was a great, record-breaking month. We broke our record in August and then again in September. We’re very fortunate for all of your referrals, as they have played a big role in our recent success! There were 6,044 homes on the market in September, compared to last year’s 7,400. The number of houses on the market is still low for us today and this is great. The absorption rate is at 4.56%, compared to last September’s 6%. The average sale price is about the same. As of September, it’s $184,000. It was only $1,000 less this time last year. The average days on the market decreased. September’s average was 69 total days. Last year’s average was 84 days. The average number of houses sold was just under 1,500. Last year, we only sold 1,241 total houses. This is a good improvement. Let’s talk about rates. Interest rates are at approximately four percent for a thirty-year fixed mortgage. The interest rates were a little more this time last year. Undoubtedly, it’s a great time to buy and sell. This week's quote is: “You know you’re staying in a nice hotel when the towels are so thick, you can barely fit them in your suitcase,” by Yogi Barra. Send me some quotes and I just might share them on a future post! Thanks for your referrals - we appreciate your continued support. If you have any real estate questions or concerns, feel free to reach out to us. We would love to hear from you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Louisville home? Get a full home search,  Selling your Louisville home? Get a free Home Value Report  Today, I want to give you a market review for August of 2015. August was another very good month for the real estate market, so let's get right to the numbers. In August, we had 5,920 active listings on the market. 5,920 might seem like a lot of inventory, but it's 1,500 less than 2014. This low inventory creates a seller's market. Right now, we're at a 4.49 month absorption rate, as opposed to last August, where the absorption rate was over 6 months. Here are a few other pertinent numbers:The average sales price was over $200,000 compared to $193,000 in 2014.The average number of days on market for a home was 75 days. Homes are selling quicker, as last year the average was 85 days.In August of 2014, 1,538 homes sold last year, which is a slight increase from 1,524.Interest rates are still historically low, hovering around 4.3%.That's our market update. Although we are in a seller's market, the low interest rates make now a great time to buy a home. And now, here's the quote: "There is either do or don't. There is no try." -Yoda, Star Wars As always, if you have any questions, give me a call or send me an email. We look forward to hearing from you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Louisville home? Get a full home search,  Selling your Louisville home? Get a free Home Value Report  Today, I need your help. We are looking for an ISA/Lead Manager for our company. An ISA is an inside sales associate who will spend their day calling buyers and sellers and managing our leads. We get a lot of leads, sometimes over 1,000 a month, so this is a very important position in our company. This is a full-time position with a guaranteed salary. We offer bonuses, and you'll have a set work schedule, paid vacation, and sick days. We're looking for someone who is honest, hardworking, organized and goal-oriented. Sales experience is important; you don't necessarily need experience with phone sales, but sales experience is crucial. You also have to be comfortable with being on the phone for about 80% or 90% of the day. Real estate experience is not required, but it is a plus. If you're interested, please send your resume to John Hopesinger at [email protected], or call John at (502) 458-2722. Make sure to follow up - that's a required skill for ISAs! We look forward to hearing from you!

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a Louisville home? Get a full home search,  Selling your Louisville home? Get a free Home Value Report  It's extremely hot outside, but our local real estate market is also experiencing some heat right now. Today I'll go over some basic market statistics to give you a better idea of what's happening in the Louisville real estate market. There are currently 5,925 homes on the market, and we had over 7,000 homes listed for sale last year at this timeOur current absorption rate is 4.67 months, and last year it was sitting just under 6 monthsThe average sale price has increased, and it now sits at $205,000The average days on market is at 82 days, which is down from 88 days last yearThe number of houses sold in June was 1,868, which is a higher number than we saw last yearInterest rates are at 4.5% right now, which is higher than it has been in the past, but these are still extremely affordable rates I always like to finish with a quote, so here you go: “We deserve nor owed nothing. We only get what we desire to earn, leverage to negotiate, or power to take.” If you have any questions about this information, please don’t hesitate to contact me. I’d be very happy to speak with you about the Louisville real estate market!