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 listing agent came into the home I was showing a prospective client and told me that a contract had just been accepted on the home.

So if you’re in the market, it’s imperative to move quickly.

Back to Bob’s video — listen to the amazing story of a woman who sold more than $20,000 worth of items on Facebook Marketplace, and see the details of what’s happening with interest rates.

Want to sell your Louisville home? Check out our free home value report.

Want to buy a Louisville home? Check out our free home search.