The Miles & Smith Group Louisville Real Estate Blog

Louisville Kentucky Homes & Taxes: '9 Easy Mistakes Homeowners Make on Their Taxes'

Louisville Kentucky Homes & Taxes...       

"9 Easy Mistakes Homeowners Make on Their Taxes

By: G. M. Filisko        

Published: January 30, 2014

Don’t rouse the IRS or pay more taxes than necessary — know  the score on each home tax deduction and credit.

Sin #1: Deducting the wrong year for property taxes

You take a tax deduction for property taxes in the year you (or the holder of  your escrow account) actually paid them. Some taxing authorities work a year  behind — that is, you’re not billed for 2013 property taxes until 2014. But  that’s irrelevant to the feds.
Enter on your federal forms whatever ...

Selling a Home in Louisville- Does Your Home Appeal to Louisville Buyers?

If You Were Selling Today, Would You Have the Home  That Buyers Want?

By: Dona DeZube        

Published: November 8, 2013

Knowing what appeals to today’s homebuyers, and considering  those trends when you remodel, can pay off years from now when you sell your  home.

Two new surveys about what homebuyers want have me feeling pretty smug about  my own home choices. Maybe you'll feel the same.

Privacy from neighbors remains at the top of the most-wanted list (important  to 86% of buyers), according to the NATIONAL ASSOCIATION OF REALTORS’® "2013  Community Preference Survey." Privacy is no doubt the best feature of my  mid-century ranch home, since I can only see one neighbor’s house and it’s a ...

Room Color and Lighting


                          

Matching Room Color and Lighting to Get the Effect You Desire

By: Lisa Kaplan Gordon        

Published: February 10, 2014

Light changes color, so your lighting design -- a top priority for any remodel -- should help guide your color choices. Here’s how.

It’s all determined by the way light and colors interact.
“People have to understand that the color of an object won’t look the same 24 hours a day,” says lighting designer Joseph Rey-Barreau. “I just had bamboo flooring installed throughout my house, and during the day it looks totally different than it...

Rising Home Prices and Affordability

        

Rising Home Prices Create Affordability Issues for Homebuyers

By: Dona DeZube        

Published: February 11, 2014

Tight inventory pushed home prices up in most U.S. metro areas. That’s good news for homesellers, but bad news for buyers struggling to afford a home.

Home prices rose strongly in the lion’s share of U.S. metro areas in the fourth quarter of 2013, data from the NATIONAL ASSOCIATION OF REALTORS® shows. As homes became more expensive, however, they became less affordable, particularly for Western homebuyers.

The national median existing single-family home price was $196,900 in the fourth quarter, up 10.1% from $178,900 in the fourth quarter of 2012. The median price is where half of...