Larry Reaves, "Top Producer"

A check of condominium activity in the Louisville area indicates a rise in sales from February of this year by 14%.

At the same time months of inventory levels have dropped by 8%.

Does this suggest a changing tide?

Does this could suggest a market bottoming out? If you have been waiting for the bottom, you'd better make your move soon.

Recent activity in the Louisville indicates a rise in sales and a decline in months of inventory. Sales has risen about 30% from January with months of inventory levels shrinking by about 20% for the same time period.

Does this suggest a change in tide?

If you have been waiting for the bottom of the market to arrive the time could be now.

5 Things to do Before Putting Your Home on the Market

1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin.

2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.

3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don't plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.

4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.

5. Spruce up the curb appeal. Pretend you're a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?

I recently took a client to a showing of a property and was very disappointed.

The home showed a significant lack of regular maintenance and was dirty beyond description.

Don't think that you can just reduce the price and have the buyer do the repairs, cleaning, etc.. Buyers are not even considering this especially with the amount of inventory on the market.

If it isn't ready to show don't market the home. Don't waste your time.

The adage of price and condition is more accurate now than ever.

I have noticed a significant increase in activity.

Even though spring is typically more active that the winter months, I expect activity to be strong this spring. There is lots of pent up demand that appears to be starting to break.

Pie in the sky? My activity doesn't suggest that.

If you are wanting to list you property don't miss out!