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Hi Joe,
I've been surveying and marketing the FSBO market. The quantity of those sellers is amazing and must be added to Louisville's excess inventory of homes for sale which currently hovers around 31% in order to see a truer picture. I hear opposite ends of the spectrum when speaking with some FSBO sellers; "I don't have enough money in the house to pay a Realtor" while ignoring the continuing monthly housing costs that are mounting up. "I'm moving to my new home soon so I may just keep it or rent it out" and "I'll be glad to pay an agent 3% for bringing me a buyer but if I pay the same to list it then it cuts into my profit". Just providing some insights into what I've seen lately.
I see this discussion still receives quite a number of views. It is truly a great time to be a buyer. Yes, lending requirements are changing and that can make it tough for some buyers, but there are a lot of great lending options and ways to make the financing work in your favor.
Please don't miss out on this market because it will turn, and when it does, you want to be in a great investment position.
You can search all Louisville, KY Homes for Sale for free, and learn how to become a Real Estate Expert at my websites...
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Buyer's Market
Joe Hayden, "JoeHaydenRealtor"
Real Estate Agent
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Joe
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