• Brett Kennedy

Louisville Market News & Best of the MLS 6-14-18

Here are a couple of deals I have listed-

1. 6700 Cape Ct, Louisville, KY 40219- Listed $119,000 - ARV $160,000's Bids due today (I can get you into the property & your bid in if you are interested) 2. 1958 Colonel Sanders Ln, Louisville, KY 40213- 2 Houses, possibly 3, zoned C2 next to YUM Headquarters, Listed $320,000 - ARV???

Today's Best of the MLS 6-14-18

1 New Estate Sale

8 New Vacant Properties

4 New REO Properties

26 New As-Is Properties

3 New Multi-Family

1 New Short Sale

3 New "TLC" Properties

3 Additional Deals I Came Across

Remodeling Trends-

Here's the current list of remodeled properties. One thing you won't notice from this list is there is a large number of former rental properties that are hitting the market. Most are as nicely remodeled as the usual flip but.

  1. 2364 Hawthorne Ave, Louisville, KY 40205 Before $153k After ~$325k

  2. 126 Chantilly Ave, Louisville, KY 40214 Before $72.5k After ~$148k

  3. 417 Browns Ln, Louisville, KY 40207 Before $190k After ~$300k

  4. 3648 Taylor Blvd, Louisville, KY 40215 Before $33.5K After ~$142.9k

  5. 3416 CLARINET Dr, Louisville, KY 40216 Before $83.3k After ~$139k

  6. 6501 Six Mile Ln, Louisville, KY 40218 Before $130k After ~$214.9k

  7. 2615 Woodsdale Ave, Louisville, KY 40220 Before $165k After $209.9k

  8. 7301 Royalwood Dr, Louisville, KY 40214 Before $89k After ~$189.9k

  9. 1804 Radnor Ave, Louisville, KY 40205 (house hack) Before $165k After ~$290k

  10. 7003 Dana Lynn Way, Louisville, KY 40219 Before $119k After ~$169k

Market Stats

The market is still extremely tight especially in the cheaper end of the market where first time homebuyers are desperately trying to snag a house before rising interest rates push them out of the market. Unfortunately many of them really can't afford to buy and their offers fall through under the scrutiny of the mortgage underwriters.

What you can do with this info - if you have rental property you want to dispose of, I've never seen a better time to sell. You'll be pleasantly surprised at how much your property is worth. It's common to get more than asking price.

Here's the link for today's market summary - Louisville Market Summary 6-14-18


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