The Fed cut the discount and fund rate by another 1/2 point today to further the attempt at helping the economy. With all the activity to enhance the market - It is still a great time to purchase property in the Bowling Green real estate market!
It has been my experience that in a slowing real estate market, sellers are very aware of the power that resides in the hands of the buyer. Negiotation is the foundation for this power in hand. With an excess of property on the market, and not as many buyers as just a couple of years ago, the simple principle of supply and demand takes affect.
For sellers there are three tools for a successful sale:
1. your home must be priced better than your comparables on the market
2. your home must show like a model
3. you must have extensive internet exposure to keep your home in front of the buying public
It's very simple - In a real estate market that is "normalizing" as the current one is, Price is the number 1 factor in selling, and Buying! With all this said, now is not a bad time to sell either. If you have a reason to sell, and can price your property within the market - It will sell. Buyers are more educated today than ever before. When your property is overpriced - you won't receive a call.
Interest rates are now at a 2 year low. The government's attempt to lower fund and discount rates has a delayed effect on mortgage rates. With at least one more cut on the way, mortgage rates are more than likely as low as they will get. Now is the time to act if you want a new home. Negotiating power, and low interest rates can do nothing but enhance your investment for the long run. Call Brian Mulloy today to see where you stand in the current market conditions. 270-846-1818
PERFECT STARTER HOME
• 1,164 sq. ft., 2 bath, 3 bdrm single story "RANCH" - 
MLS® $94,500 - PRICED RIGHT!
Rural, Smiths Grove - Perfect Starter Home. Split-bedroom floor plan with three bedrooms,two baths, and eat-in kitchen with all appliances. Covered front porch, rear patio, and almost 1/2 acre lot. Home qualifies for no down payment financing.
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Bowling Green South, Bowling Green - The single story at 369 Wren Rd. has been sold.
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POPULAR PLANO LOCATION
• 1,446 sq. ft., 2 bath, 3 bdrm single story - MLS® $125,900 - GREAT HOME & PRICE
Bowling Green South, Bowling Green - Popular Plano location just minutes from the new Plano Elementary School. Home
features a three bedroom, two bath split-floor plan, large family room, oversized master bath with walk-in closet, and eat-in kitchen with all appliances. There is lots of hardwood floor and new carpet in the bedrooms. The one acre fenced yard provides plenty of room to play, neat patio, and storage shed.
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CUSTOM BUILT WITH LOTS OF EXTRAS
• 2,152 sq. ft., 3 bath, 4 bdrm single story "Contemporary" - MLS® $195,000 - A GREAT BUY!
Bowling Green South, Bowling Green - Extra large brick ranch with four bedrooms, two & one-half baths, and a split-bedroom floor plan. Also, formal dining, eat-in kitchen with all appliances and pantry, beautiful crown molding, hardwood floor in the dining room, and tile floors in baths, utility & kitchen. The master suite is huge and has an extra large master bath with whirlpool tub, separate shower, and double vanity. Home is custom built and a real buy! And, it comes with a one acre lot.
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PRICED UNDER $100,000
• 1,736 sq. ft., 2 bath, 3 bdrm single story - MLS® SALE PENDING $98,000
Bowling Green (North), Bowling Green - PRICE REDUCED! Over 1700 Sq. feet. Home with new roof and gutters and priced under $100,000. Home has three bedrooms, two baths, eat-in kitchen with all appliances, one car attached garage, wood deck, and almost 1/2 acre lot. Home qualifies for no down payment.
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EXCELLENT LOCATION
• 2,312 sq. ft., 3 bath, 4 bdrm 1 1/2 story "Contemporary" - MLS® SALE PENDING $169,900 - PRICE REDUCED
The Springfield, Bowling Green - This beautiful brick three bedroom, two & one-half bath home has 9 foot ceilings and all new hardwood floor in the family roo, kitchen, dining area and foyer. Extras include an upper bonus/4th bedroomroom with 1/2 bath, gas log fireplace in the family room, pantry in the eat-in kitchen, whirlpool tub, separate shower, and double vanity in the master bath. Exterior extras are a large wood deck, privacy fenced yard, and storage shed.
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HOME QUALIFIES FOR NO DOWNPAY FINANCING
• 1,242 sq. ft., 2 bath, 3 bdrm ranch - MLS® $91,900 - PRICE REDUCED
Bowling Green (North), Bowling Green - Split bedroom plan offering three bedrooms, two baths, large great room with catherdral ceiling, one car attached garage, patio, and nice 1/3 acre lot on a cul-de-sac street in a popular subdivision. Home qualifies for no downpayment financing.
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GREAT LOCATION CLOSE TO WATER PARK
• 1,396 sq. ft., 2 bath, 3 bdrm single story - MLS® $118,900 - PRICE REDUCED
Warren County West, Bowling Green - This three bedroom, two bath home features an eat-in kitchen with pantry and all appliances, huge master bedroom with large walk-in closet, two car attached garge, and wood deck. The kitchen and baths have beautiful tile flooring. And, you can't beat the location--ner the Water Park and Wal-Mart.
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NEW CONSTRUCTION
• 1,200 sq. ft., 2 bath, 3 bdrm single story - MLS® $84,900 - QUALIFIES FOR NO DOWNPAY
Auburn, Logan County - New three bedroom, two bath home on a one acre lot. Great Logan County location near the Warren County line. Children can go to either Logan County or Warren County Schools.
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