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 projected appreciation on homes is going up as well.
And a primary driver of current home sales activity is the leading projections in the industry say the interest rate is on the way up in coming months.
You can hear Bob on the Rusty Satellite Show here.