On Saturday, August 28th, the new management team of Juanita's Place will be hosting a Grand Re-Opening from 4-10p. There will be food / drink specials, raffles and lots of FREE stuff. So, head on down to Juanita's Place and help the new owners get started in their endeavor to continue this great Louisville establishment.
Juanita's Place has been a staple of the Churchill Downs area for 25 years. While currently operated as a bar and package liquor store, the building has housed some sort of bar since the late 1940's. Conveniently located near Churchill Downs and Papa Johns Stadium, Juanita's Place is an ideal location to celebrate a good day at the track or a Cardinals' victory. For that matter, if you need a less than $6.00 beer to cry-in, the fine folks at Juanita's can help you out as well.
Juanita's Place
3294 Taylor Blvd
Louisville, KY 40
From Central Ave, turn South onto Taylor Blvd. Juanita's Place will be on the right.
The Big East is the toughest conference in college basketball. Every talking head with a microphone has been spouting this bit of conventional wisdom since the season tipped-off last fall. Over time, the collective psyche of the public (or at least the gambling public) was influenced. The perception of dominance was reflected in Vegas odds and in hundreds of thousands of tournament brackets. But, perception met reality in over the last few weeks. As anomalies turned into trends, recycling bins overflowed.
Were the teams overmatched? Over-rated? Or did they simply believe the hype and forget the game is decided on the court? It doesn’t matter. Seven of eight entrants are now sitting at home, with only West Virginia representing the conference well.
When you prepare to sell your Louisville home, you need to take your competition seriously. Winning in this market requires attention to detail on price, preparation and promotion. If you don’t stack up in any one of these phases, it’s game over.
Home buyers aren’t exempt from the hype either. After being inundated for months with stories of others buying homes for pennies on the dollar, it’s easy to believe you can’t make an offer low enough. In Louisville, this perception can lead to a Georgetown vs. Ohio reality check. Louisville is the second most stable housing market in the country. Many areas are appreciating and most home sellers are not giving their homes away.
You find a Louisville real estate agent who understands the market. Someone who can provide you a scouting report and a game plan. If you are listing your home, you need an agent who knows how to price your house and how to use the internet to market it for sale. Buyers need an agent who not only understands their needs and wants, but who will prepare them to act when they find that perfect house.
When you’re ready to enter the Big Dance of real estate, call 502-921-3989 or email me. Either way come to play and play to win.
**Photo courtesy of WNPR Connecticut.
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliance in Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.
I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley. Click the following links to learn more about Louisville and Bullitt County Real Estate or to Search for Louisville Homes
By now, most people are aware of the existence of the $8000 Tax Creditfor first-time home buyers. But with the holidays, the start of UL and UK basketball and the media the way that it is, I suspect you are more likely to know Tiger Woods' mistress count than you are the details of the expanded Tax Credit Program. In particular, when Congress extended the credit until April 30th, 2010, they also added a $6500 tax credit for existing homeowners.
For those of you who were otherwise occupied, here's the answers to the questions now running through your head....
There are 3 Criteria you must meet to qualify
Like the $8000 Tax Credit this is a refundable credit that is applied to your tax return. After you close on the home, you can apply it to your 2009 or 2010 return. Note that your favorite word in the preceding sentence is REFUNDABLE. This means you get the money regardless of what you owe on your taxes!
As long as you live in the house for 3 years, the answer is No!
You need to get started right away especially if you plan to sell your current home before buying. Interest rates are still phenomenally low and buyers are hitting the market in droves. By getting a jump on the competition, you stand a very good chance of completing both selling your current home and buying a new one before the deadline. Call me at 502-921-3989 to setup a Free Consultation.
You really have more important things to worry about. But, if it will help you focus, nowpublic.comhas is at 17. A few are unconfirmed though. Despite the initial rapid-fire rate at which they started to come out, it appears Wilt Chamberlin's record will stand. Back to reality. Call 502-921-3989 now.
Photo courtesy of aresauburn.
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliance in Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.
I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley. Click the following links to learn more about Louisville and Bullitt County Real Estate or to Search for Louisville Homes
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The St James Court Art Show begins Friday Oct 2nd and will continue through Sunday October 4th. This year marks the 53rd time that artists have gathered for the annual event that was voted Best Art Show in the Nation during 3 of the last 6 years.
This year, over 750 artists from throughout North America will be displaying their works for an expected 300,000 patrons. In fact, more people come to Louisville for this event than for the Kentucky Derby. Categories include Clay, Glass, Leather, Jewelry, Metal, Mixed Media 3D, Photography, Sculpture, Wood, and several others.
The show is held in the heart of Old Louisville. Booths will be setup in St James Court as well as along Third St, Fourth St, and Magnolia Ave. Official participants will be proudly displaying the 2009 Art Show Exhibitor Booth Cards and wearing similar buttons. Be aware that some homeowners allow non-participants to setup in their yards around the event.
Old Louisville neighborhood associations use proceeds from the show for the benefit of the local community. Beautification and restoration projects are completed as well as other philanthropic endeavors.
Hours:
For more information, go to http://www.stjamescourtartshow.com
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliancein Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.
I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley. Click the following links to learn more about Louisville and Bullitt County Real Estateor to Search for Louisville Homes
Louisville real estate conditions are so fluid I considered adding a time stamp in the title. Month-to-month variances in each area can be huge and I expect it to get more interesting as the year ends and the $8000 first time home buyer credit nears its expiration date. I'd really like to tell you the water is fine and everyone should jump in the real estate pool, but you really need...
The bottom is behind us. That being said, we are still in a trough and the recovery will not be quick. Lending standards and appraisal standards have and will continue to hamper growth. In typical fashion, the fallout from the practices that lead to last fall's meltdown caused overreaction. The elimination of seller-funded down payment assistance programs and 100% financing coupled with tightened credit scores has removed 20-30% of buyers from the market. Many of them would make good homeowners, but will have to wait for another year or so.
The $8000 tax credit and 5-6% interest rates have been beneficial. Early this year, investors and first-time home buyers were the main market players. The credit drove interest and inspired confidence in buyers. As a result areas like PRP, Okolona, and Valley Station bottomed a little sooner. Several buyers were actually surprised at how much they could afford because of low rates.
We have just recently started to see a trickle-up effect. J-Town, Fern Creek (Area 7), Middletown (Area 8), and Anchorage (Area 9) are seeing more activity. That being said, Louisville homes that are even slightly overpriced are just languishing. Sellers who want to test the market are receiving 'F's and those who 'know what their homes are worth and refuse to give it away' are finding that they are going to get to live in said home for the foreseeable future.
As proof that real estate is hyper-local, the Highlands (Area 2) and St Matth
ews (Area 3) were nearly immune from any declines in price. In fact, both areas saw continued appreciation despite a slight decline in sales. At the same time sales in a few select neighborhoods were 20-40% foreclosures
Unemployment in Louisville continues to be high, but appears to have peaked. Major corporations like Ford, GE, Yum Brands and UPS have reaffirmed their commitment to the area and some are hiring (although none are likely to replace the full complement of workers laid off). The Norton-Anthem spat may even get resolved and bring more stability to the large medical workforce.
Supply is also greatly reduced. Many would-be sellers are waiting out the storm and fewer homes are on the market. These shadow-sellers have simply decided they don't need to sell and therefore aren't going to list their home. For some this is a good decision, for others it is not. I sold my personal home in 13 days and traded-up. So, it can be done.
All of this boils down to a few simple realities. Overall demand is down because fewer buyers have the resources to buy a home. The blow is being lessened by good prices, great interest rates, tax incentives, and investor activity. So far, the decreased demand has generally been countered by decreased supply and Louisville home values are essentially flat.
The next few months will be interesting. Historically, Louisville home sales drop from this point until February. Additional uncertainty is caused by the pending expiration/extension/enhancement of the tax credit. If the balance described in the preceding paragraph can be maintained until spring, the recovery will be much smoother. If demand falls off for any reason though, it will be a bumpy ride to say the least.
If you want to buy or sell a Louisville home, call a real estate agent who can guide you through the process. One absolute certainty is you need someone working for you who understands the market and won't sugarcoat or spin the truth. Accurate analysis and timely insights are required for you to achieve your goals. Consultations are free so call (502) 921-3989 now.
See Also
--photo courtesy of makelessnoise on flickr
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliancein Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.
I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley. Click the following links to learn more about Louisville and Bullitt County Real Estateor to Search for Louisville Homes
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Specializing in Louisville including Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, as well as the Bullitt County areas of Shepherdsville, Mt Washington, Hillview and Brooks.
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