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Recent Blog Posts

Monday, October 10, 2011

Louisville KY information

View History of Louisville, Kentucky and over 3,000,000 other topics on Qwiki. Read More

Sunday, October 09, 2011

1811 Shelbyville Road in Taylorsville KY

The Dobbs Team presents our newest home for sale at 1811 Shelbyville Rd is in the Elk Creek area of Spencer County, Kentucky. It is just north of Taylorsville, KY. You will find that it is a short hop to the monster Kroger in Shelbyville, or a ... Read More

Tuesday, July 19, 2011

309 Revolutionary Rd in Louisville KY

Come see 309 Revolutionary Road it the Yorktown neighborhood. This home has been well maintained and modernized over the years. The first floor has been opened by removing the wall between the living room and family room making it quite spacious. ... Read More

Sunday, July 10, 2011

254 Lakewood Drive in Mt Washington KY

Our newest listing is a patio home and we dare you to compare 254 Lakewood against the competition at Woodlake subdivision in Mt Washington, and the surrounding area. This modern patio home is the best in Woodlake and we know that you will agree.... Read More

Tuesday, July 05, 2011

4320 Lochridge PKWY in Watterson Woods

Welcome to 4320 Lochridge Pkwy in Watterson Woods! You will find that this is one of the largest homes in the neighborhood, and has one of the largest lots at .35 acres. As you enter the home through the great room, your eyes move towards the ... Read More

Monday, July 04, 2011

FHA 203K Renovation Loan Success story in Louisville KY

Renovation loans can be a challenge in the Louisville KY market as well as many others. We see lots of bank owned homes that need more than a little TLC to get them back in shape. These would include Fannie Mae, Freddie Mac, local banks ... Read More

Friday, July 01, 2011

10500 Fairmount Falls Way Louisville KY

We have decided to sell our personal home and move on to the next adventure! We have done a lot of work to this home in Glenmary Estates and it shows! When you enter, you will instantly notice the gleaming hardwoods which cover the ground level, ... Read More

Tuesday, June 21, 2011

Jefferson County Circuit Court Commissioner Sale in Louisville KY

Today, I went to the Jefferson County Circuit Court Master Commissioner’s sale on Liberty Street in Louisville. I had not been in a while and there was a foreclosure house in Glenmary that was on the auction block today. As always, it ... Read More

Friday, June 10, 2011

Radon in Kentucky can be a Problem

Radon is a cancer-causing, radioactive gas. In Kentucky, around 42% of our untreated homes will have levels above the EPA action level of 4.0 pico curies per liter of air. In Louisville KY (Jefferson County), the Radon level increases to ... Read More

Wednesday, June 08, 2011

576 Erin Circle Mt. Washington, KY

Welcome to this modern split ranch in the quiet neighborhood of Wilchar Estates. Near downtown Mt Washington, Wilchar Estates is a relatively new subdivision just off Highway 44 and Old Bardstown Road – close enough for convenience to ... Read More

Monday, May 23, 2011

Drastic Price Reduction in Glenmary Estates

The seller wants this house sold and had reduced the price $22,000. It was custom built 4 years ago with only the finest materials. Seller has $545,000 invested and has reduced the price to $375,000. This home is in pristine ... Read More

Friday, May 20, 2011

Louisville KY Absorption Rate

In our last blog, we talked about Absorption Rate and what it means. As a Louisville REALTOR, I can feel that we are in a buyer’s market, but what about analyzing this?In the last 60 days, there has been 1104 single family homes closed ... Read More

Sunday, May 08, 2011

Absorption Rate in Louisville KY

You may have heard about absorption rates in real estate and wondered how this applied to the Greater Louisville KY area. First we need to define Absorption Rate and how Absorption Rate is calculated. Absorption Rate is the rate at which homes are ... Read More

Tuesday, May 03, 2011

Keller Williams at the Louisville KY Derby Bed Races

The three local Keller Williams Real Estate offices combined forces for the annual Kentucky Derby Bed Race on May 2nd. This was the first time that Keller Williams has competed even though the race has been conducted here in Louisville, KY ... Read More

Saturday, April 30, 2011

Open House in Glenmary Estates

There will be an open house at 10610 Fairmount Falls Way this Sunday, May 1st. This custom built home is located in the prestigious section of Glenmary Estates. Glenmary Estates is a newer section of Glenmary located on the southernmost ... Read More

Friday, April 29, 2011

Ohio River Flood Stage in Louisville KY

Louisville KY is now at its third flood stage of the spring season; with this being the most severe. At this point, the Ohio River has appeared to crest at 8 feet above flood stage after being forecast at 10 feet. It has been a major ... Read More

Thursday, April 28, 2011

Are Credit Counselors a good thing?

I worked with a client last week that was interested in one of our home listings. They informed me that they had some credit issues in the past, but were working through those, and both had good steady jobs. I suggested a couple of loan ... Read More

Thursday, April 21, 2011

FHA raises their Mortgage Insurance Premium in Louisville KY

Home buyers using FHA backed loans in Louisville KY saw a change in the annual mortgage premium payment this week. Up until April 18th, the annual premium was .90% for LTV (Loan To Value) of 95% or higher. It has now increased to 1.15%.... Read More

Wednesday, April 06, 2011

Our First Video Tour of 4713 South 6th St in Louisville KY

Virtual Tours are certainly the rage now in real estate listings. Most that I see are nothing but a rehash of the pictures already posted set to music. I have used Visual Tour in the past to make a “Virtual Tour” of a home. I ... Read More

Tuesday, April 05, 2011

HotPads for the iPad in Louisville KY

iPads are becoming more and more popular and Real Estate applications are getting more robust. HotPads is one of the latest property search sites with an application for the iPad. The bigger screen size of the iPad versus the iPhone makes ... Read More

Sunday, April 03, 2011

Staging results in Louisville KY

I recently picked up a listing in Glenmary Estates which is one of the newer sections in the Glenmary Development. This house was vacant and in its history, had been listed with 5 other real estate agents. Among other things, we decided to ... Read More

Thursday, March 31, 2011

Keller Williams new eEdge software Program

The Dobbs Team is associated with Keller Williams, the second largest real estate company in the United States. By the end of 2010, they had over 79,000 associates and over 700 market centers. J.D. Power and Associates rated us highest in overall ... Read More

Sunday, March 27, 2011

Closing in Mt Washington KY

The Dobbs Team closed on a house last week in Mt. Washington, KY. Seems pretty ordinary until you consider what we wanted to accomplish. Our client was a young woman that wanted to leave the apartment life. Important to her was having ... Read More

Monday, October 25, 2010

Success Story by University of Louisville

We just closed on a house that is one of my success stories. A young man was looking at an alternative to rent in Louisville, KY. We searched long and hard and found a 2 bedroom place that had been remodeled for under $50,000. It ... Read More

Tuesday, August 24, 2010

Condo sales still lag SFR

We are still in a buyer's market for Louisville KY. In Jefferson County, KY, we are averaging 97 condos, patio homes and townhome sales per month since the start of 2010. At this writing, we have a 13.5 month supply. Single Family ... Read More

Sunday, June 20, 2010

2813 Winterhaven

This quad level on Winterhaven was just entered on the MLS. This home is in exceptional shape and has been updated with hardwood floors, carpet, windows, heat pump, etc. One of the brighter points is the back yard. The lot is huge and fenced ... Read More

Thursday, June 03, 2010

Norbourne Estates Open House in St Matthews

I am holding 4009 Saint Germaine Court open this Sunday from 2-4. Norbourne Estates is an older neighborhood in St Matthews that is just wonderful! The trees are mature, grass green, streets wide, houses well maintained; what else can I say? The ... Read More

Friday, May 28, 2010

Condo Sales in Louisville KY

Many of you are probably wondering if condos and patio homes are really selling. I have done a little research to put some numbers in perspective. All the figures that follow are for Jefferson County only. As I write this, there are 5909 ... Read More

Friday, May 21, 2010

Distressed sales in the Louisville area

Just out of curiousity, I wondered how many sales in our MLS are distressed sales. In other words, how many are short sales, foreclosures, etc. My gut told me that as many as half the sales transferred were distressed. Since the first of ... Read More

Friday, April 30, 2010

HAFA is big news

The HAFA program is big news now. It stands for Home Affordable Foreclosure Avoidance. Distressed Properties and foreclosures have been in the news for quite a while now. This program streamlines the short sale and Deed in Lieu process. HAFA can ... Read More

Monday, April 26, 2010

45 Harwood Open House

I held 45 Harwood Road which is in Louisville, KY open yesterday. This was a 57 year old house in the Glenview Manor subdivision just east of the Watterson Expressway. This house was a 3000 square foot ranch that was well maintained. Even though the ... Read More

Wednesday, April 21, 2010

Indiana State Real Estate Test

I passed my Indiana State Real Estate Exam this morning. This is the last step in being dual licensed in Kentucky and Indiana. I am looking forward to increased business. Read More

Friday, April 16, 2010

March MLS numbers

We have been seeing weekly increases for quite a while with our weekly reports. You can also get a gut feeling from how busy we have been and how busy the office is. March figures from the Greater Louisville MLS are out. This March we ... Read More

Monday, April 05, 2010

Louisville Area Sales Continue to be Stronger

Listings on the Louisville MLS continue their increase over a year ago with 708 properties listed last week versus 606 listed on the Louisville MLS last year for the same time period. Sold houses increased over last year as well. ... Read More

Monday, March 29, 2010

Home Sales and Listings continue their increase

Listings on the Louisville MLS continue their increase over a year ago with 693 properties listed last week versus 640 listed on the Louisville MLS last year for the same time period. Sold houses increased over last year as well. There ... Read More

Wednesday, March 10, 2010

Spring is coming to Louisville

It may be me, but I can tell a change in the season. I am getting more and more calls and visits to the website. At my open house Sunday, attendance was up. For some people, this was the first time that they had been out this winter. And, they ... Read More

Monday, February 22, 2010

Short Sales on the increase in Louisville KY

Short Sales are increasing and becoming easier to do. I went to school last year to learn how to do short sales. Since that time, the process is becoming more streamlined and familiar. Banks and consumers alike are moving to the short sale as an ... Read More

Friday, February 12, 2010

Louisville Area Sales Trends

I went to a seminar last week, on real estate trends in our area. I will try to give you a synopsis of what I learned about the Louisville real estate market. Some of the figures given also included counties surrounding Louisville as they are ... Read More

Tuesday, February 02, 2010

Encouraging market

The housing market in Louisville, Kentucky and surrounding area still looks encouraging. The listings for the last week of January were 558 compared to 307 for the same period last year. This was an increase of 251 properties or ... Read More

Saturday, January 23, 2010

Open House Weather

During my open house on Sunday, the weather was crappy. 40 degrees and light rain. Yet, we had several interested buyers. As my colleagues sat around the Keller office on Monday comparing notes about the various open houses ... Read More

Thursday, January 14, 2010

$6500 move up tax credit

Some of the increase in recent real estate sales can be attributed to the general strengthening of the economy and some to the first time home buyer’s credit. The $8,000 has definitely made a difference and brought more buyers into the market.... Read More

Tuesday, January 05, 2010

First-Time Homebuyer Credit Questions and Answers: Homes Purchased in 2009

New legislation signed on Nov. 6, 2009, extends and expands the first-time homebuyer credit allowed by previous Acts. The new law: extends deadlines for purchasing and closing on a home authorizes the credit for long-time ... Read More

Tuesday, January 05, 2010

First-Time Homebuyer Tax Credit Scenarios

The following information is reproduced directly from the IRS.gov website. S1. If a single person (Taxpayer A) qualifies as a first-time homebuyer at the time he/she purchases a home with someone (Taxpayer B) that is not a first-time homebuyer and ... Read More

Tuesday, January 05, 2010

Homebuyer Tax Credit Questions and Answers

Updated Nov. 6, 2009, to note new legislation. The new legislation extends and expands the first-time homebuyer credit allowed by previous Acts. The new law: extends deadlines for purchasing and closing on a home ... Read More

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$0 Bedrooms: 3 Baths: 2 Approx Sq Ft: 1579	2140 BONNYCASTLE AVE Louisville, KY 40205 MLS #: 1260610 Subdivision: commodore
This condo will be sold at Absolute Public Auction (Sunday November 6th, 2 pm) with no minimums or reserves, selling to the highest bidder. If you are working with a Realtor have them contact the ...

To see this home for sale in Louisville MLS, contact the expert Louisville KY real estate agents at The Dobbs Team (502) 379-8437 to inquire about this property.
Listing provided courtesy of keller williams realty-east

$20,000 Bedrooms: 2 Baths: 1 Approx Sq Ft: 862	836 S 32ND ST Louisville, KY 40211 MLS #: 1315110 Subdivision: none
Great rental home for the person wanting to get in law with a tenant in place who wants to stay. Current tenant pays 475 per month and is in a 12 month lease.

$24,900 Bedrooms: 2 Baths: 1 Approx Sq Ft: 912	620 DAVIES AVE Louisville, KY 40208 MLS #: 1302129 Subdivision: none
**Tenant is in place, now all this home needs is you! Rented for $450/month. Seller is ready for your offer. This home has good access to U of L & sits across the street from nearly new student ...

$45,000 Bedrooms: 2 Baths: 1 Approx Sq Ft: 1062	4707 S 1ST ST Louisville, KY 40214 MLS #: 1281710 Subdivision: beechmont
This one needs a buyer/investor that is not afraid of doing a little work. No pain, No gain. Great location, 2 large bedrooms, large living room with fireplace and hardwood in most rooms.

$45,000 Bedrooms: 3 Baths: 1 Approx Sq Ft: 1040	547 DENMARK ST Louisville, KY 40215 MLS #: 1310499 Subdivision: none
NEW PRICE!! Make this 3 BEDROOM HOME YOURS NOW $45k. BRAND NEW WINDOWS with Screen. SELLER WILL PAY up to $4000 in CLOSING COSTS for First Time Buyers. Call for details. MAKE AN OFFER TODAY and ...

$45,000 Bedrooms: 3 Baths: 1 Approx Sq Ft: 1152	1447 S SHELBY ST Louisville, KY 40217 MLS #: 1311230 Subdivision: none
IN THE HEART OF GERMANTOWN!! GRAB this 3 Bedroom Home for UNDER $50k! Large Master Bedroom upstairs plus 2 Guest Bedrooms on the main level along with Eat-in Kitchen, Living Room, Full Bath & ...

$48,900 Bedrooms: 2 Baths: 1 Approx Sq Ft: 682	2501 LINDSAY AVE Louisville, KY 40206 MLS #: 1309625 Subdivision: lindsay heights
REDUCED!! What a deal! This beautiful condo features hardwood floors, 2 BR, 1 BA, and a fabulous location!!! This truly is a GREAT deal and is move in condition! The cozy kitchen has all the ...

$50,000 Bedrooms: 1 Baths: 1 Approx Sq Ft: 616	5119 FAY AVE Louisville, KY 40214 MLS #: 1315448 Subdivision: kenoak
WALKING DISTANCE TO IRIQOUIS PARK, In the Kenoak Neighborhood: This Cute Ranch Home has a Family Room, Bedroom with Walk-in Closet, Eat-in Kitchen, Full Bath, and Laundry just off the Kitchen, all ...

$54,000 Bedrooms: 3 Baths: 1 Approx Sq Ft: 980	152 BLAKEMORE LN Smithfield, KY 40068 MLS #: 1288413 Subdivision: n/a
Home Sweet Home is what this property offers. 3Br/1Ba 14x70 single-wide home setting on almost 2.0 acres in Henry County/just cross Oldham County line. This home has nice size bedrooms (bay window) ...

$55,000 Bedrooms: 2 Baths: 1 Approx Sq Ft: 743	715 WOODLAWN AVE Louisville, KY 40214 MLS #: 1308158 Subdivision: none
BANK OWNED PROPERTY!SELLER WILL PAY UP TO $4000 IN CLOSING COSTS FOR FIRST TIME HOME BUYERS... CALL FOR DETIALS!!! This condo features NEW CARPET THROUGHOUT, a large eat in kitchen with beautiful ...

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