Hello 2014!!!!
I am excited to say that the central Kentucky real estate
market is alive and well! Here are some
current trends I have noticed over the
past year…
1.
Homes with a retro feel! I am showing more homes with a retro
look! Buyers in the market for these
homes are dedicated to maintaining the homes charter!
This means they want original tiles, flooring, appliances and fixtures! I am pleased to see this trend and find it
exciting to share in this process!
2.
Buyers and sellers want new, and by new I mean
everything! New carpet, new paint, new
kitchens, new woodwork, new new new! For
those not looking for retro they want everything move in ready! New windows, new Heating and air, new roofs, etc.
and new in style. So home owners trying to sell, keep those homes clean and new
looking!
3.
Color! I
am most excited about this one! I see
more home owners who are ready to sell their homes successfully using
color! Most home buyers & sellers
like a pop of color, and most of my clients actually seem to have better reactions
to homes with some color. Styles are not created equal however ,home
owners and buyers are becoming more confident with color!
4.
Interest rates!
Home buyers are concerned with the interest rates rising! So now really still is a great time to buy or
sell! Rates are still low and you can
potentially get a lot of home for your money!
It’s a good time to list your home, sell, and maybe move up to a larger
home! Realtors are ready to help you with this process! Especially this
realtor, Call me 859-771-8311!
5.
Closing Costs!
Buyers are asking sellers for closing costs! It’s not uncommon; actually it’s more common
than uncommon. Buyers are going to ask
for closing costs.
6.
Let’s move to the county and have the simple
life! What I mean is I see clients
looking for peace at home and less hustle and bustle. A space to grow into and move around! I’ve seen a pickup in homes in the country!
People want a place to grow a garden, have bon fires, room to roam, and maybe
even have a few animals. This is what I
call the country oasis and peace with the land! It’s growing more and more in my central Kentucky
area.
7.
CASH!
Investors are back and ready to invest, they need a place to put their
cash! They are putting their trust the
real estate market. Which I think is a great sign
for both buyers and sellers! Investors are ready to find homes that need
may need a little TLC or repair work. The investor will make the repairs and either keep the home for rental income or sell the home to another buyer.
8.
Increase in working from home! The increase in a lot of companies allowing
their employees to work from home and the start of home based business has
created the need for home office space.
Clients need the space to be a functional work oasis to get their
job/career tasks complete. Home office
space is becoming more important than a formal living room.
9.
Sellers are ready! More sellers are ready to sell their homes.
The homes are staged, lights are on, they have curb appeal, and the clutter is
gone! Organization is key and sellers are now aware of this! Home staging, organization, and being ready to show at a moment’s notice
have created successful moves for sellers and buyers!
10.
Designer Kitchens, upscale designer kitchens! Clients are selecting upscale appliances and
designer inspired kitchens in new homes as well as older homes. The emphasis seems to be on the kitchen being
the heart of the home. Even for those
who don’t cook all that often. The need
for the ascetic appeal and function of a kitchen has really increased!
Over all I see confidence in the real estate market, successful buyers and sellers, and the mission to create a pleasant home environment. I hope all my clients, friends, and followers have had a great new
year! I cannot wait to see the latest trends in my real estate market for 2014!
Love your Southern Central Kentucky Real Estate Broker,
Whitney 859-771-8311
