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It’s always a good thing to consider what you’re grateful for, and this time of year we’re counting our blessings – in terms of real estate. From big homes with more amenities than a deluxe hotel to simple, beachside retreats, here’s a roundup of real estate we’re thankful for.

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Matt Weaver, Real Estate agent for Oldham County and all of Metro Louisville, Keeps you informed:   Former University of Kentucky Basketball Star – Pat Riley,  sells estate on Biscayne Bay, Florida.

Pat Riley home

What’s with people taking perfectly good mega-mansions and tearing them down just to build a new one in its place? We first heard of the hound dog who plans to demolish Elvis Presley’s former home in Beverly Hills. Now, the buyer of NBA legend Pat Riley’s waterfront behemoth of a home in Coral Gables, Fla., is planning to tear it down, The Miami Herald reported.

Pat Riley, NBA coachThe buyer, listed as 180 Arvida LLC, snapped up Riley’s 12,856-square-foot Mediterranean-style estate for a staggering $16.8 million last year. The home’s grounds are mesmerizing, with a gorgeous pool, waterfalls and an aqua bar on a prime piece of land jutting into Biscayne Bay. The home also has a library, wine cellar and giant home theater. But as it turns out, none of that matters to the buyer. According to the Herald, the buyer was just after the 2-acre bayfront lot and plans to build an even larger home there.

Riley, widely regarded as one of the greatest NBA coaches of all time, sure had great taste in homes — and he could afford it, too. He was named NBA Coach of the Year three times, one for each for his runs with the Los Angeles Lakers, New York Knicks and Miami Heat. Currently, he’s the team president of the Heat. That earns a guy some serious bankroll.

We’ll be sad to see the beautiful estate go, but, alas, it’s just a sign of the times. Many developers have an “out with the old, in with the new” mentality. “Most people would move in and be perfectly happy, but clients are looking for perfection — really good stuff,” Sotheby’s International Realty rep Jorge Uribe told the Herald. “The trend in the last several years is a demand for very high-quality product. People are looking for really good locations, really good materials, and they’re willing to pay for it.”

Filed under: News, House of the Day

Our eyes nearly popped out of our heads when we saw the reported sale price of this Woodside, Calif., mega-mansion: $117.5 million! If it’s true, it would be the second most expensive home sale ever in the United States. (Billionaire Stanley Kroenke holds the No. 1 spot for his $132.5 million purchase of a Montana ranch last November.)

Bay Area blog SF Luxe came across the shocking discovery, pointing to public records on listings site Redfin showing the astronomical sale price of the 8,930-square-foot spread in the middle of Silicon Valley. Our buddies at Curbed, though, expressed a bit of skepticism, saying: “It could also be a fat finger error at the property records office.” We can’t be totally certain, but there is some evidence that the sale price may be the real deal. A historic Colonial in Woodside went on the market for $85 million last September, and Russian billionaire Yuri Milner coughed up $100 million for a home in nearby Los Altos Hills, Calif.
The alleged $117.5 million juggernaut, previously owned by private equity bigwig Tully Friedman and designed by starchitect Allan Greenberg, was not publicly listed for sale, according to SF Luxe. The blog did not reveal the buyer, but said that “it’s a name with which you are undoubtedly familiar.” (Mark Zuckerberg?) The stunning Neoclassical home, which sits on nine acres, gets 360-degree views of the Woodside Mountains.

Matt Weaver, an expert real estate advisor and agent in Oldham County, Ky and surrounding communities frequently shares information with buyers and sellers of homes and other real estate properties.  Matt is recognized nationally for his expertise and achievements in assisting families to find the home that best fits their needs.  The following article Matt has had posted for your perusal:

The national housing recovery seems as if it will continue this year, as many local real estate markets were shown to be improving at the start of 2013. The total number of housing markets that saw improvements in the month of January climbed to 242, including metro areas in 48 states, as well as the District of Columbia, according to the Improving Markets Index issued monthly by the National Association of Homebuilders and First American. The current number makes up slightly more than two-thirds of the metro areas the index monitors nationwide, and is up from the 201 improving markets observed in December.

Related: Best Housing Markets of the Real Estate Recovery

“We created the improving markets list in September of 2011 to spotlight individual metros where — contrary to the national headlines — housing markets were on the mend,” said NAHB chairman Barry Rutenberg. “Today, 242 out of 361 metros nationwide appear on that list, including representatives from almost every state in the country. The story is no longer about exceptions to the rule, but about the growing breadth of the housing recovery even as overly strict mortgage requirements hold back the pace of improvement.”

In all, 47 new areas were added to the list of improving cities, while six others dropped off, the report said. Those added include major metro areas from across the country, including Los Angeles, Des Moines, Iowa, Nashville, Tenn., Richmond, Va., and Cleveland. NAHB chief economist David Crowe also said that the national number of improving markets has nearly doubled in the last two months alone driven by more consumer demand pushing home prices higher. However, he also cautioned that in the future, these changes may not continue for much longer due to seasonal shifts in the home market in general.

Related: Find Homes for Sale in the Best Markets

Housing affordability remains rather high even as prices continue to rise across the country thanks in large part to mortgage rates being artificially depressed by the Federal Reserve Board’s latest round of bond-buying, known as QE3. However, some experts note that it’s unlikely that the Fed will continue to snatch up bonds at the rate seen in the last several months, which in turn could lead interest rates to rise in the latter half of the year, and as such, those who are interested in buying a home may want to capitalize on the combined deals on rates and prices as soon as possible.

Anchorage is a nautical name for a community that is located just over three miles from the Ohio River, and history tells us it was named for a riverboat captain. A fine gentleman named Captain James W. Goslee of the riverboat Matamora took up residence in what was then Hites Mill. When the city was incorporated in 1878, the name Anchorage was chosen to honor him. Legend has it that the anchor that hangs inside the locomotive wheel in the town square was taken from the Matamora by Goslee.
Hites Mill was a just a portion of the original land grant given to Isaac Hite in 1773, and the residents have worked hard over the past century to maintain the lush natural beauty of the land. Though developed, the community is so heavily shaded that the temperature stays comfortably cooler on a hot summer’s day than the neighboring city of Louisville. However, in the fall and winter, the same cooler temperatures apply and heavier jackets can be a necessity.
Anchorage, Kentucky offers residents a small town feel, although it is home to some of the area’s wealthiest citizens. John Schnatter, the founder of Papa John’s, owns around 6% of the land in Anchorage. He has been working to restore historical aspects of the community like the interurban rail station, plus the revitalization of several historic buildings while also adding a hiking trail and an upper class restaurant.
Anchorage gives the feeling of coming home when you drive through and many local residents will attest to that.

Maybe you’re thinking, I need to sell my house – who is the best, most experienced expert, even a specialist, in real estate, in all of Oldham County for selling your home?  Again, the answer is Matt Weaver for all your Real Estate needs.

Matt knows real estate and specializes in several areas:  Oldham County, Crestwood, PeeWee ValleyLaGrange or Anchorage, KY. Call Matt Weaver, 502.376.0884.your experienced professional for questions and expert advice regarding each and every real estate need.

A little music to get you into the holiday spirit… Happy holidays!

Photo of agent researching home prices with his computers.The better the research, the better the opportunity for negotiating a great deal when buying a home in Louisville.
When you are buying a home in Louisville, part of your thinking will be that you want the best deal possible. The key component of that coming to fruition lies in the art of negotiations.You need to hire the best agent to negotiate on your behalf when offers are being presented. As a buyer, you need to know a few basics about the negotiating process because, even when you have a top Realtor on your side, you are ultimately in charge of making the final decision.

Here are the basics of the negotiation process and what you need to understand about it.

1. Be Flexible

If you have your heart set on one house and are completely stuck on it, this “must-have” feeling will be picked up by the seller and his agent. It’s hard to disguise the “need to have it” mentality, and you may not end up with the best price because of it. Try to keep things calm and remember that finding one house you love means that there are probably a lot of other houses out there that you could love as well.

2. Hire a Negotiator

Find out what type of skills your agent has as a negotiator. The Louisville agent you choose will be acting on your behalf to get the best price. You need to know ahead of time exactly what you can expect when buying a home in Louisville. Talk about it early and often.

3. View the Seller Objectively

The seller is doing the same thing as you are, keeping as much money for themselves as possible. He may have lived in this house for many years and be facing a hard time letting it go. The house probably means a lot more to the seller than you could ever realize. A lot of memories may have been made in the dwelling that are priceless.

If you find that the seller does not want to negotiate as much as you’d expect, keep these things in mind. Work with your Louisville real estate agent to avoid frustration. Your agent has worked with many reluctant sellers before and knows exactly how to deal with them.

4. Find Out Why the Offer Was Rejected

If you are buying a home in Louisville and your offer has been turned down, don’t give up right away. Find out more about the rejection and see if there are any other concerns other than price. Sometimes your price can be just slightly lower than an offer that they would accept. Your agent will be able to find out more for you.

5. Give Reasonable Offers

It is really insulting to send an offer that is extremely low to the seller. When you are trying to find the best price when you are buying a home in Louisville, you have the right to make offers that are low, but they still should be reasonable. An offer that is too low to be considered reasonable is simply a waste of time for everybody concerned.

Remember that there are two sides to buying a home in Louisville. The buyer wants to buy the home and the seller wants to sell it. Both sides will have an agent working on their behalf and the outcome should have both sides agreeing on an offer and happy with it.

Real Estate Expert Advice for Oldham County, Pee Wee Valley, Anchorage, Crestwood, and Metro/Greater Louisville

Welcome to my Blog!

Here you will find: Interesting Articles, Great Tips and Quality Links, that will give you some super ideas, whether you’re Buying, Selling, Listing, Building or just gaining insight and information.

As a nationally recognized selling and listing agent, Matt will help you with that all important question, What is my home or house worth?

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Call Matt for expert Real Estate advice and information on listing, selling, buying, finding a lot or building your dream home in Oldham County, Pee Wee Valley, La Grange, Anchorage, and all of Metro Louisville including Jefferson County.

Matt's side specialty and hobby is Golf. He can find you a house or home on or near a golf course in any of the areas listed above.

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