Larry's Blog

Don't let poor maintenance affect your home's value.Keep your furnace filters clean to increase efficiency and possible repairsDrain your water heater once a year to remove harmful sediment.Clean coils on baseboard heaters.Check circuit breakers and replace weak breakers to prevent shorts.Check u...

I work with Kim Luckett with Homeservices Lending.  Her office is loacted in my office and I have found her to be very helpful.  She is very straight forward and honest.I was talking with her yesterday and she mentioned several points that are good to be aware of when discussing financing.  She i...

Fed reduces discount rate by 3/4%.As markets around the world react to the US economy, Fed Chairman Bernanke reduces several key interest rates by 3/4%.  Such a significant reduction should help to reduce the volitility of the stock market.Recent sell offs have made everyone nervous.The rate cut ...

Recent interest rate changes allow folks to afford more house than they could just months ago.Opportunities are only getting better.

Buyers Beware;The current buyer's market in Louisville is supported by inventory levels equalling 10 months of supply or more.  Also, Buyers are able to obtain discounts not previously available and don't forget about the extremely low interest rates.The market Nationally appears to be stabilizin...

Mortgage application volume is up 32.2 percent during the holiday-shortened week ending Jan. 4, ending three consecutive weeks of sharp declines, according to the Mortgage Bankers Association's weekly application survey.

Fannie Mae and Freddie Mac have established new guidelines for conventional mortgages.Fannie Mae and Freddie Mac will use your credit rating to determine what interest rates you will pay for a mortgage.FHA on the other hand will continue not taking credit score into account in determining the int...

RiverPark Plcae developers have scaled down the initial construction phase due to lenders concerns over current uncertainty in the mortgage industry.Originally, the initial phase was to include two residential building, 144 slip marina to include the first of two 16 story towers.Current the initi...

The Greater Louisville Association of Realtors reported 14,097 residential sales this year down 2.2 percent from 2006. That's a wider gap than the 0.8 percent decline the group reported through October.Prices, however, continue to hold up. The median price was $139,900 at the end of last month, u...

Summary of Kentucky Condo ActBenefits of the Kentucky Condo ActCondominiums, patio homes and lofts are a quickly growing housing start.The proposed Kentucky Condo Act helps all consumers with:• Full Financial Disclosure• Consumer Protection• Property Value Protection• Gaining Peace of MindCurrent...