About Louisville's Highlands

I am going to spend just a little bit of time looking at luxury homes in the Highlands today, and what a graph of their asking price over the past six months might look like. Normally, when I track prices for all of the Highlands, which I loosely define as 40205 and 40204, 40205 always has the higher price. However, it looks a little different when I break out only the most expensive 25% of homes on the market in each zip code, and graph those prices next to each other. Suddenly, 40204 jumps to the top of the heap due to the fact that some of Louisville's nicest, and most expensive, homes are lined up on Cherokee, which is in the 40204 zip code. If you look at the graph below, you can clearly see that the most expensive quarter of homes in 40204 have a median asking price that is $75,000 higher than those in 40205.

If you'd like more information on Louisville Luxury Homes or high end homes in general, please make sure to visit my website and I'll be happy to answer your questions.

I attended the Greater Louisville Association of Realtors Economic Summit yesterday; very enlightening, up beat and positive. As an area we have done well during the economic downturn and there are some interesting projects in the works for our area. You may not feel upbeat if you're currently unemployed, but other parts of the state and region have done a lot worse. One of the factors that have helped this region is the proximity to the north/south interstate corridors of I-65 and I-75. Although I-64 had some impact, it wasn't has instrumental as the N/S routes. Long tern real estate values have stayed relatively steady. Although a few regions nationally are down 30-40%, they are very specific areas that had huge increases in value over the previous few years (bubbles). Unfortunately they are still the focus of the national news outlets and have had a negative effect on customer perception of their local real estate market and opportunities.

Well people are finding us on Facebook. I started a fan page to quiet the critics that were tired seeing my listings on mysocial profile. Although other agents post their listings and every detail about what they're doing in Real Estate, I felt like they were right. It is funny because you would thing some would have more listing if they are going on a listing appointment 3 days a week like they post, but customers don't see that end.

The fan page has been fun and has grown 500% in the last few weeks (easy when you start at zero). I have approached several retailers who share my commitment to ecology and sustainability. Starting next month we will partner to bring my fans retail discounts for various Eco-friendly products and services. I am excited and I hope it will draw attention to the fact that I care about our community and not just from standpoint of making a buck.

If people like to think their Realtor is busy; I have a day to share with you.

I started today helping out one of my favorite non-profits, Louisville Public Media. LPM is having their semi-annual fund drive and I signed up to supply breakfast for the volunteers at 6:30 this morning. With my flexible schedule, I am able to run food downtown for the folks talking phone calls. I love public radio and this is one small thing I do to help out.

I had an appointment to take picture for a family that just had a little boy. He is the cutest little thing; his name is Tarik. He and his family are Bosnian. There home is beautiful and I think it will sell quickly.

I also had a walk through tentivley schedule for tonight; we close tomrrow afternoon. My client is cool. I wish I could party with him. I invited him to my house this weekend for a fund raiser I am hosting with another client.

Oh the fund raiser. I hope the weather is good; there are going to be a lot of people in my house if we can't use the deck and patio. It is all coming together well, but I am still nervous. We have some great sponsors from local business to National companies.

I also had my first BPO today. That was fun. I initially decided not to do it because the property was light industrial and I am really not that familiar. It turned out to be another parcel so my afternoon was shot.

I love my my job, but organization is the key. I am happy to be busy. Thanks to all those folk who are making my phone ring.

I recently attended the Kentucky Association of Realtors Convention in Louisville, Kentucky. I have been a local Realtor for years, but had never attended the convention. This year they offered new attendees a special offer on fees so I thought I would check it out.

The biggest draw for me was the training. Unfortunately with most conventions, the training classes run concurrently so you have to choose what you take and what you miss. I chose to attend a class focused on online networks and micro-blogging. The class facilitated by Doug Devitre; great speaker and very knowledgeable. He covered many different sites to assist Realtors interested in social networking, micro-blogging and online marketing.

Some sites are just informational and some helped maximize my efforts. It has really helped me focus my online efforts and information to the people who want it and not just spamming innocent friends on my social networking sites.

If your looking for Eco Friendly, Sustainable Real Estate information, check out my facebook fan page: Louisville Realtor|Ton Ali| Metro Eco Broker or follow me on twitter: MetroEcoBroker.