Welcome to the Greater Louisville 2022 Mid-Year Report.
In the first half of 2023, the real estate market has been buzzing with activity, and Nest Realty Greater Louisville has established itself as a highly regarded brokerage. Our commitment to excellence has positioned us as a go-to choice for clients in the area.
Despite higher interest rates, sellers have been reaping the rewards of a limited listing inventory. In the first quarter, offers became stronger and more innovative, making it an ideal time to sell. While the record-low rates of 2020 and 2021 are a thing of the past, today’s mortgage rates are still relatively low from a historical standpoint.
Early indicators suggest that housing inventory is starting to expand and is expected to continue growing in coming months. While this presents more opportunities for buyers, the supply remains relatively low, necessitating a quick and decisive approach to secure favorable deals. Overall, the housing market in Greater Louisville remains robust and vibrant, offering a winning combination for both buyers and sellers.
Our team of dedicated Nesters continues to work tirelessly on behalf of our clients. Despite being a smaller brokerage, we deliver exceptional results and go above and beyond to meet our clients’ needs.
Please find the downloadable PDF version of our full Greater Louisville area Mid-Year Report here: Greater Louisville_MYR_2023