Louisville Real Estate News : March 2010

Don’t Believe the Hype

 

The Big East is the toughest conference in college basketball.  Every talking head with a microphone has been spouting this bit of conventional wisdom since the season tipped-off last fall.  Over time, the collective psyche of the public (or at least the gambling public) was influenced.  The perception of dominance was reflected in Vegas odds and in hundreds of thousands of tournament brackets.  But, perception met reality in over the last few weeks.  As anomalies turned into trends, recycling bins overflowed.     

Were the teams overmatched? Over-rated? Or did they simply believe the hype and forget the game is decided on the court?  It doesn’t matter.  Seven of eight entrants are now sitting at home, with only West Virginia representing the conference well.

When you prepare to sell your Louisville home, you need to take your competition seriously.  Winning in this market requires attention to detail on price, preparation and promotion.  If you don’t stack up in any one of these phases, it’s game over.   

Home buyers aren’t exempt from the hype either.  After being inundated for months with stories of others buying homes for pennies on the dollar, it’s easy to believe you can’t make an offer low enough.  In Louisville, this perception can lead to a Georgetown vs. Ohio reality check.  Louisville is the second most stable housing market in the country.  Many areas are appreciating and most home sellers are not giving their homes away.

How do you avoid a Big East style meltdown? 

You find a Louisville real estate agent who understands the market.  Someone who can provide you a scouting report and a game plan.  If you are listing your home, you need an agent who knows how to price your house and how to use the internet to market it for sale.  Buyers need an agent who not only understands their needs and wants, but who will prepare them to act when they find that perfect house.

When you’re ready to enter the Big Dance of real estate, call 502-921-3989 or email me.  Either way come to play and play to win.

 

**Photo courtesy of WNPR Connecticut.

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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliance in Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.

I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley.  Click the following links to learn more about Louisville and Bullitt County Real Estate or to Search for Louisville Homes 

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