Louisville Area Real Estate Blog

Water Front Jam Friday Concert

What: Water Front Jam Friday Concert

Where:  1 River Road, Louisville, KY 40202

When: Saturday, April 29, 2017 8:00 PM - 12:00 AM 

 

Water Front Jam Friday

Derby time is quickly approaching which, for those of us in Louisville, means a lot of diverse and exciting events are coming up to celebrate one of Louisville’s proudest traditions. The Waterfront Jam Friday concert is a part of those events, and features a great lineup of musicians across genres for your viewing enjoyment.

The concert will feature pop musician Daya and the musical duo of Tryon. This event is also a part of the Kentucky Derby Festival Water Front Jam which goes from Thursday, April 27 to Friday, May 5th. The Kentucky Derby Festival Water Front Jam includes some local and regional bands as well as numerous national level performers, all right on the gorgeous Louisville Water Front

Like many events in the Kentucky Derby lineup, this event is free for those who have a 2017 Kentucky Derby pin.

To learn more about Waterfront Jam Friday, and the Kentucky Derby Festival Waterfront Jam, click here

To read the last blog post about The Balloon Glow, another Kentucky Derby event, click here

Louisville Homes for Sale – Brownsboro

A quick 10-minute drive away from the water front is one of the many fantastic neighborhoods in Louisville, Brownsboro. Brownsboro is a tight knit community with gorgeous homes of all sizes, designs, and price ranges. Brownsboro is located numerous shopping centers, restaurants, and several high-quality schools. The Oatley Team wants to help you find the...

The Balloon Glow Returns!

What: The Great Balloon Glow

Where: The Kentucky Expo Center at 937 Phillips Ln, Louisville, KY 40209

When: April 28, 2017 starting at 6:00 PM

The Great Balloon Glow

The Balloon Glow is one of the most exciting events in the Kentucky Derby Festival lineup. With last year’s glow attracting over 50,000 people, this year is set to be bigger and better than ever. The event is hosted to raise anticipation for the Balloon race, which happens the following day at 7 AM.

Rows with dozens of hot air balloons will be grounded and lit up for the viewing and enjoyment of those in attendance. Gorgeous colors, designs, and unique takes on the hot air balloon will be displayed. The pilots and some owners of the hot air balloons will be there to talk, answer questions, and show off their amazing balloons.  

While gates open at 6 PM, the actual glow won’t begin until 9. Admission to the event is free with a 2017 Pegasus Pin, and parking for the event is listed at $8.

To learn more about the Balloon Glow, click here to see the event information on the Kentucky Derby Festival website.

Louisville Homes for Sale – Anchorage

Anchorage is one of Louisville’s friendliest and most luxurious neighborhoods. Anchorage is home to many beautifully restored historical sites, churches, high quality schools, restaurants, and of course, many amazing homes. Anchorage is also an amazing neighborhood for those who enjoy forestry and parks, sporting such immaculate sites as the Anchorage Trail. With these amazing attributes, Anchorage serves as a great place for anybody to...

Watch Thunder Over Louisville In Style This Year!

What: Thunder over Louisville - ThunderBlast

Where: Kentucky Science Center, 727 W Main St, Louisville, KY 40202

When: Saturday April 22, 2017 from 2:00 PM to 11:00 PM

ThunderBlast

ThunderBlast is a great way for everyone to enjoy the amazing and unique spectacle that is Thunder over Louisville. For those who may not know, Thunder over Louisville is a very special night in the city where the bridges and area over the Ohio River in downtown Louisville become the center for all manner of entertainment, including airshows, performances, and of course, fireworks!

ThunderBlast is a special opportunity for those who get tickets to watch the show from the comfort and convenience of the Kentucky Science Center, offering indoor restrooms, a smoke-free environment, exclusive food truck options, and other amenities that can be hard to come by at Thunder over Louisville. Tickets are limited and expected to go fast, so be sure to grab yours as Thunder over Louisville approaches.

To learn more information, pricing, and to purchase tickets visit the Kentucky Science Center’s page here

To learn more about Thunder over Louisville itself, click here

Louisville Homes for Sale – Fern Creek

Thunder over Louisville is a community event that everyone from Louisville enjoys and creates great memories at. One of the greatest areas to live in Louisville is Fern Creek (and just a 15-minute drive to the river!), and there are several lovely homes for sale in the area. With plenty of smaller neighborhoods, shopping centers, restaurants, and schools, all your living needs can be met and exceeded in Fern Creek.

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Cincinnati Reds Play Exhibition Against The Louisville Bats

What: A fun afternoon at the ballpark

Where: Louisville Slugger Field (401 East Main Street)

When: March 31st, starting at 6:15 PM

Who: Anyone interested in a great game mixing local and professional Baseball

Next Friday the Cincinnati Reds and the Louisville Bats faceoff in an exhibition game for America’s favorite pastime. This is a great opportunity (and the last!) to see the Reds play before opening day of the new season, and to see Louisville’s own team test out their skills.

The first 5,000 fans to come to the game will be able receive a free bobble head of Reds first basemen and left fielder Adam Duvall. The game starts at 6:15 PM, so be sure to head to the park early! This is a limited availability to one per person.

Tickets are available online at for purchase at: http://www.milb.com/tickets/singlegame.jsp?sid=t416

OR by phone at 1-855-228-8497. The tickets range in price for seating from $17-$59.

To see more information about the game, click here

Louisville Homes for Sale – Germantown

Not too many bases over from Louisville Slugger field is a vibrant and beloved Louisville community, Germantown. In addition to being just a few minutes away from the home of the Louisville Bats, Germantown also sports a wide variety of delicious restaurants, quality bars, gorgeous parks, and, of course, many beautiful homes. To talk more about the area, or to make Germantown your new neighborhood, make sure The Oatley Team is your first call!

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Illusionists come from Broadway to the Kentucky Center

What: A spectacle of magic and illusions

Where: The Kentucky Center located at 501 West Main Street

When: March 14-19 2017 (see link below for specific times!)

Who: Anyone looking for a great night of entertainment (recommended age 7+)

The Illusionists

The Illusionists are a collective of death-defying magicians and showmen straight from Broadway. Each performer brings their own unique skillset and flair to the show, employing everything from handcuffing themselves inside of tanks of water to suspension from unbelievable heights in order to amaze their audiences.

The Illusionists will perform for roughly two and a half hours, showcasing their amazing levitations, disappearances, and daring escapes.

The show runs at several different times, so for specific information and general pricing and ticket purchasing, click here!

Learn more about the Illusionists and see photos and videos from their performances at their website by clicking here

Louisville Homes for Sale – The Highlands

Right around the corner from the Kentucky Center one of Louisville’s liveliest and most cherished communities can be found in the Highlands. The Highlands is home to gorgeous churches, excellent parks, and quality schools. With many bars, restaurants, and shops, Bardstown Road and the larger Highlands area also provides endless entertainment all while providing luxurious and affordable housing. The Highlands is perfect for people from all walks of life, and we at The Oatley Team want to find the right home for you!

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Welcome Home Program offers $5,000 for homebuyers

Starting March 1st, 2017 certain lenders are offering a forgivable grant of $5,000 for down payment and closing costs to homebuyers who meet certain income criteria. It is important to note that you do not have to be a first time homebuyer to take advantage of this opportunity. Several different home types such as single-family, townhouse, and condominiums are eligible.

Save

Resources and funds for this opportunity are limited, and as an idea of the volume of applicants and availability, last year the available funds for this program expired 5 weeks after launch, so it is important to act quickly. This program is designed to help get you into the home that you want!

*Note: Restrictions and conditions apply. Contact a member of The Oatley Team for more specific information and to clarify any questions you have.

Louisville Home For Sale

When searching for a new home, there are a lot of important things to consider, and that is where The Oatley Team comes in. We want to help find the right home for you. To get started you can contact one of our agents below, and you can also browse our website for the many amazing Louisville homes we have listed.

Click here to see Louisville homes for sale!

Contact The Oatley Team to find your new Louisville home:

Phone: (502) 554-9555      Email: agents@theoatleyteam.com

Click here to view more contact options. 

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Louisville Arcade Expo Hosts Seventh Year

What: A great weekend of classic video game fun

Where: 
Ramada Plaza Louisville Hotel and Conference Center

700 Bluegrass Pkwy, Louisville, KY 40299

When: March 3-5 2017 (see link to even below for specific operating hours)

Who: Anyone and everyone who loves games!

Arcade

Louisville Arcade Expo

Old school video games and all things retro are coming back to Louisville for the seventh year of the Louisville Arcade Expo. Everything from classic arcade games, retro video game consoles, and pinball machines can be found at the exposition, and these games are begging to be played.

If you pre-register before Saturday February 18th, you will be able to receive a discounted price for entry, either for induvial days or entire weekend passes. Once you have your tickets, you will have full access to dozens of amazing games that have the power to bring back great memories from your childhood.

In addition to all of these amazing free-play games, the event will feature special guests from the retro video game community, vendors, panels, and video game tournaments to test your skills.

To learn more, visits the arcade expo website here

Louisville Homes for Sale – St. Matthews

Not too far from the expo center, you will find one of Louisville’s most active and beautiful areas in St. Matthews. St. Matthews has many gorgeous homes that fit all manner of lifestyles and needs. St. Matthews is also home to many fantastic schools, clubs, areas for outdoor activities, and of course Mall St. Matthews and the Oxmoor Center. With so much to do and talk about, you can count on the Oatley team to help guide you to a home that is right for you....

Family Performing Arts Night at the Jeffersontown Community Center

What: A fun interactive evening engaging in the performing arts

Where:
Jeffersontown Community Center
10617 Taylorsville Road
Jeffersontown, KY 40299

When: February 17, 207 from 6:00 PM to 8:00 PM

Who: Families with younger children and the Louisville community

Theater Masks

Family Performing Arts Night

Join the talented members from the Kentucky Opera as they perform alongside selected fourth grade students from Wheeler Elementary, performing song and dance from such celebrated Gilbert and Sullivan pieces as The Mikado and The Pirates of Penzance.

The skilled thespians of Kentucky Shakespeare will also be performing Midsummer Night’s Dream in a way that is interactive for the children in the audience. Children in grades K-8 will be given the special opportunity to perform alongside the actors!

This event is completely free to the public, so head to the Jeffersontown Community Center to enjoy the singing, dancing, acting, and interactive fun suited for your family.

See more details about this exciting event at: http://www.jeffersontownky.com/Calendar.aspx?EID=901&day=8&month=2&year=2017&calType=0

Louisville Homes for Sale - Jeffersontown

Jeffersontown, or J-Town as it is called by the locals, is one of the many gorgeous and friendly parts of the greater Louisville Area. With many quality schools, fun events, and a strong community, Jeffersontown is a great place to live with your family. We want to provide you with the opportunity to become a part of one of these fantastic neighborhoods. Homes...

Have You Saved Enough for Closing Costs?

Have You Saved Enough for Closing Costs?There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% (or 0% with a VA loan).

If you have saved up your down payment and are ready to start your home search, one other piece of the puzzle is to make sure that you have saved enough for your closing costs.

Freddie Mac defines closing costs as:

“Closing costs, also called settlement fees, will need to be paid when you obtain a mortgage. These are fees charged by people representing your purchase, including your lender, real estate agent, and other third parties involved in the transaction. Closing costs are typically between 2 and 5% of your purchase price.”

We’ve recently heard from many first-time homebuyers that they wished that someone had let them know that closing costs could be so high. If you think about it, with a low down payment program, your closing costs could equal the amount that you saved for your down payment.

Here is a list of just some of the fees/costs that may be included in your closing costs, depending on where the home you wish to purchase is located:

  • Government recording costs
  • Appraisal fees
  • Credit report fees
  • Lender origination fees
  • Title services (insurance, search fees)
  • Tax service fees
  • Survey fees
  • Attorney fees
  • Underwriting fees

Is there...

Selling in the Winter Attracts Serious Buyers

Selling in the Winter Attracts Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.

It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!

“Among spring listings, 18.7 percent of homes fetched above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of homes in winter did the same.”

The study goes on to say that:

“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close quickly — two things that can make the sale much smoother.”

Bottom Line

If you are debating listing your home for sale within the next 6 months, keep in mind that the spring is when most other homeowners will decide to list their homes as well. Listing your home this winter will ensure that you have the best exposure to the serious buyers who are out looking now!

The study used the astronomical seasons to determine which season the listing date fell into (Winter: Dec. 21 – Mar. 20; Spring: Mar. 21 – June 20; Summer:...

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a recent survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.”

This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that mean to you?...

Is Getting a Home Mortgage Still Too Difficult?

Getting a Home Mortgage

There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 - 2006.

The Housing Financing Policy Center at the Urban Institute just released data revealing two reasons for the current exceptionally high credit standards:

  1. Additional restrictions lenders put on borrowing because of concerns that they will be forced to repurchase failed loans from the government-sponsored enterprises or Federal Housing Administration (FHA).
  2. The concern about potential litigation for imperfect loans.

What has been the result of these concerns?

6.3 Million Less Mortgages

The Policy Center report went on to say:

“It was so hard to get a mortgage in 2015 that lenders failed to make about 1.1 million mortgages that they would have made if reasonable lending standards had been in place. From 2009 to 2014, lenders failed to make about 5.2 million mortgages thanks to overly tight credit. In total, lenders would have issued 6.3 million additional mortgages between 2009 and 2015 if lending standards had been more reasonable.”

In an interview with DSNews, Laurie Goodman and Alanna McCargo of the Policy Center further explained:

“Our Housing Credit Availability Index (HCAI)* measures the probability that mortgage borrowers will become...