bob sokoler

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Real Estate Update from Bob Sokoler – Interest Rates Drop

from Bob Sokoler I’m taking you behind the scenes once again to give you a glimpse into an upcoming report on the Sokoler Medley Team. Before I tell you more about this report, though, let’s take a look at what’s happening in our Louisville and Southern Indiana real estate market. First of all, buyers were thrilled to see interest rates drop by approximately one-and-a-half points in less than a year. National news headlines recently touted this development as a great time to buy or refinance. But the tide is beginning to turn, and talk of a coming recession has now…


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Interest Rates Continue to Drop in Louisville Real Estate Market

The Louisville real estate market is being driven by one key factor right now. Here’s what I’m talking about. Before I tell you all about our recent client appreciation party out at Slugger Field, I wanted to give you a quick update on the Louisville real estate market. As you can see in the chart at 0:21 in the video above, in less than a year, interest rates have dropped almost 1.5%. This is driving the market and keeping plenty of buyers around. There continues to be a good supply of homes in the Louisville and Southern Indiana area. However,…


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Market Report – Interest Rates Declining, Homes Are Selling Quickly

No matter what happens with my condo in Clifton, I may be in the market soon to sell some stuff — including furniture, some kitchen gadgets and more. So I may take Bob Sokoler’s advice and offer up those items on Facebook Marketplace. But Bob’s latest video is interesting in another way – thanks to lower interest rates, buyers are still hungry to make a move despite prices that are steadily climbing. It’s no longer unusual to see houses come on the market and have contracts within hours — I experienced it myself over the weekend. In one case, the…


Prepare for the Weekend – Your Louisville Guide

It’s an action-packed weekend ahead, and local newsmakers have been busy giving citizens stuff to talk about. Let’s review. . . That Omni Looks Awesome: But will it really happen? (Louisvilleky.com) Will Anyone Really Miss the Phoenix Hill and Jim Porter’s? If you’re a local you’ve likely got some great memories, but had you been to either one lately? The closing was abrupt. (LouisvilleKY.com) My Girlfriend, and 3 Funny Dudes, Together: In the 100th episode of the Rusty Satellite Show. Come to the big party tonight. Let’s Hear it For Mimi Hwang: After a Jefferson County prosecutor made racist comments about Asian-Americans,…


Let’s Get Fired UP for Another Week in Louisville KY

Sure, the big news may have been that big Rand Paul announcement, but here are some very interesting stories making the rounds in Louisville KY this week: This is NOT Hazing: A U of L fraternity, TKE, is being investigated because members forced pledges to be designated drivers, paint themselves for sporting events, and, if you can believe it, carry books. Is this something worth investigating? Frats are getting a bad rap these days, thanks mostly to the racist video of University of Oklahoma SAE’s, but being forced to carry books? Insert sarcastic comment here. (WLKY) Now THIS is Hazing: The swim…


Sokoler Report on Home Sales in Louisville KY Shows Positive Trends Now

Bob Sokoler, the television personality turned realtor, has released this video about the current real estate market for Louisville. He’s also come up with another technology advantage — a 3D camera that offers more and better views of the homes he’s selling. According to Bob’s numbers, home sales in Louisville were up 8.2 percent in March compared with the same time period a year ago. In that same time period, March’s number of homes under contract jumped 20 percent. He says mortgage interest rates are down, under 4 percent, and that banks are more anxious to lend. He says the…


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Louisville Home Sales Kick into High Gear

from The Medley-Sokoler Team Snow, freezing temperatures and ice on the roads did little to stop Louisville home buyers last month.  New Louisville home sales numbers for February 2015 are more than encouraging, they are downright exciting! The number of homes going under contract last month was up an impressive 16.9% (last month the number was 26.3%) from the same period a year before.  The new Greater Louisville Association of Realtor numbers indicate five things: 1) Interest rates are low. 2) There is fear those rates could increase. 3) FHA financing costs have come down. 4) Credit score requirements have…


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Louisiville Home Sales up…Inventory down!

The dust has settled and  Louisville Home Sale numbers for July 2012 are official! Spurred on by record low interest rates and even lower home sale prices Louisville Homes going under contract last month outpaced July 2011 by almost 29 percent. The number of homes closing was up by 19.44 percent. As of August 22, 2012 the number of homes on the market were down to 7646. That’s more then 2000 fewer homes on the market compared to the last few years. Average home selling prices were down $2000 from a year before to $177,871 helped assure buyers they were…


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The Louisville Home Market Recovers!

The Louisville Housing Market strengthened again during the month of June! The number of homes going under contract last month increased 21.4 % over June 2011. The number of Louisville homes actually closing in June of 2012 compared to June 2011 was up 6.5%. But there was an unusual trend in this just released data from the Greater Louisville Association of Realtors.  Examine the number of Louisville homes actually closing in June 2012 and compare it to the number of Louisville homes going under contract the month before and you notice 28% have not closed. That means more than a…


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Blackout or Knockout for Louisville’s WDRB and WMYO or Insight Communications?

It’s all about MONEY! Round one of the battle for bucks is over and the loser, at least right now is US, the viewing public. But the story is much bigger than just WDRB TV not being on Insight Communications Cable TV station channel 9. It could spell the start of a financial war between local TV, Time Warner and US, the viewers! First the background: If you tried tuning in to channel 9 on insight today, you were greeted with the screen “The ownership of WDRB and WMYO has forced us to stop carting this channel. Visit www.LetsKeepItOn.com for…