March 19, 2025 • 23 mins
Ryan Harvey isn't your typical Northern Kentucky realtor. As both a licensed real estate agent and mortgage lender, he offers clients a comprehensive approach to home buying and selling that few professionals can match. This unique combination allows him to guide clients through the entire process with expertise that spans beyond just finding the right property.
During our conversation, Ryan shared a refreshingly honest assessment of the current Northern Kentucky market. While many regions struggle, our area remains exceptionally strong, with Boone County and particularly Union seeing continued growth driven by major employers like Amazon, DHL, and Kroger. The challenge? Record low inventory creating a persistent seller's market where demand continues to outpace supply.
What struck me most was Ryan's practical wisdom about interest rates - a topic causing anxiety for many potential homebuyers. He provided valuable perspective that today's rates around 6-7% are actually moderate when viewed historically. His key insight: "You can always change your interest rate, but you can never change the purchase price of your home." This challenges the common mindset of waiting for "perfect" market conditions that rarely materialize.
Beyond business talk, we discovered Ryan's deep community connections as a 15-year Union resident. Married for nearly 20 years with two teenage daughters active in sports, his life revolves around family, neighborhood connections in Triple Crown, and a genuine love for the area he represents. His passion for Union came through clearly: "I don't think you can beat Union at all. This is home."
Ready to explore Northern Kentucky's real estate opportunities with a knowledgeable local guide? Connect with Ryan directly at 859-640-2106 or find him on social media. Whether you're considering buying your first home, upgrading to something new, or just curious about your options, Ryan's combined expertise in both real estate and mortgages makes him uniquely qualified to help you navigate the journey.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
This is the Good Neighbor Podcast, the place
where local businesses andneighbors come together.
Here's your host, Mike Murphy.
Speaker 2 (00:12):
Hey Charlie, thank you for the introduction.
Yes, I am Mike Murphy, host ofthe Good Neighbor Podcast.
We talk to local businessowners here in Northern Kentucky
to let you know them as humanbeings, people, not just logos
on a business card or a logo onthe side of a truck or on a
building.
So we have with us today alocal business owner.
(00:35):
He is a realtor here in UnionKentucky, a guy named Ryan
Harvey.
Now, ryan is known to some ofyou and many of you don't know
who he is.
We're going to make sure tochange that today.
Anyone listening to thispodcast is going to know Ryan
Harvey as not just a businessowner but a human.
And so, with that being said,ryan, welcome to the podcast.
(00:59):
Mike, thank you for having me.
Welcome and let people know whoyou are, what you are, what you
do.
Speaker 3 (01:13):
Yeah, so like you mentioned, I'm a full-time
realtor here in NorthernKentucky.
I do specialize in Boone andUnion.
That's where I live.
In addition to that, I alsojust recently got my mortgage
license, so I do both realestate side and mortgage side
kind of own the home buying andselling process, you know,
holistically from beginning toend.
So kind of a unique combinationhere in the area.
Speaker 2 (01:36):
That is unique.
I mean, I'm not used to talkingto realtors who also do the
mortgage side of things, sothat's an interesting dynamic
that I hadn't considered.
I didn't really know you coulddo that.
We're not going to dive toodeeply into the whole mortgage
thing.
That's a whole differentpodcast I think you and I need
to have, but just in terms of, Iguess, the real estate business
(02:02):
, the real estate business.
What is your take currently onthe current state of real estate
in Northern Kentucky?
Speaker 3 (02:11):
Well, the area as a whole just continues to, you
know, remain very strong.
Obviously, you know NorthernKentucky and Boone County and
Union in particular are some ofthe fastest growing areas.
That has to do a lot with, youknow, obviously, the big
employers that call Cincinnatiand Northern Kentucky home right
.
So Amazon, dhl, p&g, kroger,that sort of thing.
(02:33):
So really, you know theNorthern Kentucky market has not
seen the same impacts thatwe've seen elsewhere.
So home values continue toremain high in Northern Kentucky
and with union leading that.
And then you know, inventoryobviously being at record lows.
(02:53):
It's a tough market sometimesjust because the availability of
homes is so marginal, but themarket itself is still very
strong.
There's still a lot of buyersand sellers in this area and if
you're willing to put in thework as a realtor you can a
hundred percent stay busy inthis market.
Speaker 2 (03:13):
So inventory at record lows.
What does that mean to theaverage realtor out there and to
, I guess, anybody looking topurchase a home like?
What kind of market are we inright now relative to that?
Speaker 3 (03:26):
So low inventory, you know, typically means a
seller's market right.
So supply and demand right nowsupply is low, demand is still
up.
So what does that do to homevalues?
Well, that, you know, makestends to make them go higher.
The mortgage, the interest ratesthat you're seeing on mortgages
that's obviously a hot topicfor everybody.
(03:47):
That is helping to maybe slowthe rate at which home values
are increasing, but we're notdecreasing by any stretch of the
imagination.
So I think what will happen is,as interest rates start to come
down, you're going to just seea surge of buyers who have kind
(04:09):
of been waiting in, you know, onthe sidelines waiting for, for
that first indication of a break, and I just really think that
that's going to to drive a lotof buyers back into the market
and it's actually going to be a.
It's going to be a good thingfor property values and for
homeowners in the area.
Obviously, you know, the goalwith sellers is to, you know,
(04:30):
get them primed and ready forthat.
And then same thing with buyerstoo, right, get them lined up
and ready to go so that when thehome that they've been waiting
for for the last year finallyhits the market, they're in a
prime position to buy and thesellers are in a prime position
to sell.
Speaker 2 (04:48):
So interest rates, that's something that you know.
When somebody wants to buy ahome, of course they're going to
go online and they're going tolook at interest rates and
they're going to try to.
It's almost like when you're inthe stock market you're trying
to time the market.
Speaker 1 (05:03):
Yeah.
Speaker 2 (05:03):
Okay and you're trying to find the perfect time
to get in and get out orwhatever In the real estate
market that you know that justmeans like the perfect time to
get in, like when should I buy?
When should I buy that house?
And I just want to give someperspective to people that you
know I once upon a time when Ibought my first house, interest
rates back then were like don'tknow, like 12, 13, and you, you
(05:27):
can wait around.
But if you don't have theperspective of big picture
throughout life, what interestrates have been and could be
sure, you look at interest ratestoday of six point, whatever,
seven even, and you think, oh mygod, I would never buy when
interest rates are so high.
So that's a perspective issue.
(05:50):
Interest rates are really notthat high compared to, speaking,
to what they've been in thepast.
Speaker 3 (05:58):
Correct.
And you know the kind of theway that I present this,
especially to buyers, is if youwait for the perfect time to buy
a home, it'll never come.
There's never a perfect timewhere you're going to get the
best price on a home and thelowest rate.
There's never a perfect timewhere you're going to get the
(06:23):
best price on a home and thelowest rate.
And you know the exact housethat you're looking for in the
exact area that just the starsjust don't align in that nature.
So you know I never encourageanybody to overspend.
I mean, I never want that.
I don't want anybody to ever putthemselves in a position, you
know where where theaffordability comes into play,
right, and interest rates have alot to do with that.
But the thing to you knowrealize is that you can always
(06:46):
change your interest rates.
You can never change thepurchase price of your home,
right.
So as rates start to come downand values do go up, you know
you'll start to see thattrade-off where you know, yeah,
I'm paying a lower interest ratebut I bought at a higher price
and I've actually got somegraphs and some charts that I
could show where I can plug innumbers.
(07:06):
That says you know if your rateis at this much and you buy at
this price point, versus if youwait till you know rates are at
this and home and you can showthe difference and you will find
your break-even point.
The break-even point's not asfar as people think it is.
Speaker 2 (07:20):
So it's funny.
You bring up, you know, chartsand graphs.
Charts and graphs is somethingthat many of us use as a
punchline to a joke.
We kind of roll our eyes at it.
But then, when you're in themiddle of an event such as
purchasing a home that is one ofthe most major purchases you'll
ever make in your lifetime,those charts and graphs become
something that you rely heavilyon and you want the comfort of
(07:43):
knowing that you're making theright choice, and you're making
it right now, and so on and soforth.
I know that just because I'vebought and sold homes through
the years.
You're making a decision in themoment but, quite honestly,
(08:04):
without perspective.
Bottom line is you need aprofessional to kind of help
guide you and you want to buy ahouse.
You see the dream, you seeyourself in that home that you
want to buy.
But if you make a decisionhastily, there comes a time, a
(08:25):
year down the road, when you'rein that home and you're like
what the hell was I thinking?
What was I doing?
You need a professional to kindof help you step through that
decision and think of all things, not just the here and now and
the excitement of buying a home.
But let's take a step back andlet's look at the entirety of
what is not only here right now,but what is to come, and I
(08:47):
think that that is somethingthat a real estate professional
brings to the table and kind ofhelps especially young people,
keep them from making a hastydecision, and it helps anybody
make a decision that's thinkingof the here and now and the
future you.
So that's why we need somebodylike you in our corner.
Speaker 3 (09:10):
I 100% agree and I love working with first-time
homebuyers.
But you know, I tell, I tellall my clients.
You know, you, you hire me as a, as a professional, both you
know, for my insight, myrepresentation, but sometimes I
have to save you from the, theissues that come along right.
It represents you to protectyour interest, but sometimes I
have to protect you fromyourself.
Speaker 2 (09:29):
Right.
Speaker 3 (09:31):
So you know, buyers, sometimes, you see, they, they
see a property and they love itand they get that gleam in their
eye and they're like well, theydon't, they don't think about
the roof being, you know, 25years old, or they don't, they
don't think about the, the um,the issues, the development that
may be going on in the areathat could affect property
values.
And the same thing with sellerstoo is, you know, sometimes,
you know, sometimes sellers dohave overinflated values of
(09:53):
their home, or sometimes theydon't know that they can get as
much as they just have a.
They're there.
People can be short-sightedjust by nature, and so having
that kind of independent thirdparty perspective can really
help on both sides, I agree.
Speaker 2 (10:09):
So, having said all that, that's the business part
of you.
It's also a personal side ofyou.
Sure, I always ask everybodyabout their family, because when
you're in a business such asyours, you know at the end of
the day you come home, you kickyour feet up, you have dinner,
whatever, whether you've had agreat day or you've had your ass
(10:31):
kicked that day, there'ssomebody you go home to.
That kind of helps get youthrough all that.
It's called your family, thatit is Do you have a family.
Speaker 3 (10:41):
I do.
My wife Sarah and I.
We will have been married 20years, almost 20 years Actually.
2026 will be 20 years.
Okay, you know, met at UK,decided to settle in Northern
Kentucky.
She's from Cincinnati, I'm fromthe Lexington area, so this was
(11:01):
kind of a happy medium betweenbetween both of our families,
two teenage daughters.
One's a freshman at Ryle andthe other is an eighth grader at
Ryle, or, I'm sorry, eighthgrader at Gray.
So we'll have two at Ryle nextyear.
Both athletes, both play sportsfor for Ryle the eighth grader
(11:21):
plays tennis for Ryle and myfreshman plays volleyball for
Ryle.
They play club sports outsideof the year.
So you know, basically, whenschool's in session, it's it's
it's nonstop between betweeneither club sports or school
sports, or you know trainings orpractices.
You know it's just, it's.
All we do at night is carpoolaround.
(11:43):
I feel Right.
Speaker 2 (11:45):
It's that season of life you're in.
So were you an athlete at allin the school?
Speaker 3 (11:50):
I was.
I mean, I played soccer.
Didn didn't play uhcompetitively in in high school,
played uh recreationally all.
Actually all the way throughcollege uh played recreationally
um play golf.
I'm still still a big golfer,um coming into that time of year
which is nice to, when, whenschool sports slow down and our
kind of um, you know, personaluh recreation gets to pick up a
(12:12):
little bit.
But yeah, so I don't have a.
I never, obviously, playedvolleyball, never, you know,
played tennis, but yeah, that'smy background.
My wife played basketballthrough high school, okay.
Speaker 2 (12:26):
Good for you.
So when you guys go out andhave fun, when you're not
working, when you're not doingyour sports, you know, when you
get that time to go out andexplore the world, yep, what
does that look like?
Where do you go?
What's your vacation time looklike?
Speaker 3 (12:43):
So we always take a spring break trip every year.
We try to go somewhere in thesummers, you know, as time
permits, definitely stay prettyclose to home.
We really love we live intriple crown.
We love our neighborhood.
Um, you can usually find us,you know, tooling around the
neighborhood on the golf cart or, uh, playing golf, but, um,
that that's we.
(13:03):
We have a a really great friendgroup, you know, locally and um
, love just spending time, youknow, close to home.
But definitely do try to, youknow, definitely do a spring
break trip every year, try to gosomewhere every summer, if we
can, to a lot of concerts.
That's one of our favoritethings to do is concerts.
So, you know, if it's, if it'swithin two hours and it's
(13:24):
somebody that we want to see,chances are we're going to go
see them.
Speaker 2 (13:26):
All right.
So this will be a telling thingabout you.
Who's your favorite band of alltime you know?
Of all time yeah, oh man, ifyou're listening to the radio or
, like you know, music, have youowned like who?
Who is it?
Speaker 3 (13:41):
so we we have, we use pandora channels a lot or apple
music channels and I can tellyou that, like noah khan, tyler
childers, um, those actuallywe're going to see tyler
childers, uh, next month inlexington, um, but but those are
kind of our go-to stationsobviously.
You know, we we've reached thatage where we're kind of we
still do yacht rock.
I don't know if you know notyeah, um you know definitely
(14:03):
very soothing and calm, yeah inthe background right, love some
yacht rock um michael mcdonald,yeah right minute by minute.
Yeah, so, um, you know very,very eclectic taste of music.
Speaker 2 (14:14):
So just love, love concerts and love that that
atmosphere all right, I, I mean,I've always been a pink floyd
fan and zeppelin is my thing,and ozzy and you know, acdc.
But lately I've just been deep,deep, deep into the rabbit hole
of all the Pink Floyd stuff andall the stuff that nobody's
(14:37):
heard or seen or whatever.
So music is a big part of,should be a big part of,
everyone's life, because it'sjust we need to feed our soul as
we feed our bank accounts.
100%, all right.
So you mentioned UK.
Okay, I know that when peoplethink of UK they think usually
(14:58):
basketball.
I mean, they've had a great,you know, football team recently
, but anyways, when it comes toUK, we are used to UK being at
the top of the ranks coming intoMarch.
Madness, right, yeah, I mean,they're still doing okay.
Speaker 3 (15:13):
Number three feet.
Yeah, that's not bad.
Not bad at all, nope, right,yeah, I mean they're still doing
number three feet.
Speaker 2 (15:16):
Yeah, that's not bad, not bad at all.
No, um, do you?
Um, I mean, you've got that,that dog in that hunt?
Um, are you?
Uh, I guess what I'm saying ishave you filled that brackets
and how much money have you puttowards your team?
Speaker 3 (15:29):
you, you don't.
You don't want me filling outyour bracket.
Um, you know, there, there,there's a lot that goes on in my
brain all day, and you knowsports, while I like to play and
watch, just tracking it andthat, knowing all the nuance of
it is just not one of thosethings that I am able to reserve
(15:50):
bandwidth for.
So you definitely don't want mepicking out your bracket.
I don't care if UK is a numberone seed or a number 16 seed,
I'll have them, you know, goingall the way to the championship.
Speaker 2 (16:00):
I'm a Michigan man.
My team's ranked, you know, I'ma five seed going up against a
12.
I don't feel really good aboutit, you know, quite honestly.
But a lot of my family membersare right there with you.
They're rooting for the bigblue.
I'm Go Blue, you're Big Blue,go Big Blue.
Yeah, there's a difference.
People don't always get that,but yeah, there is a difference.
Speaker 3 (16:22):
If you've never been to Longnecks during a UK game,
especially a big UK game,there's few atmospheres.
I mean, I'm from Lexington, sooutside of Lexington I just
don't think there's any venue orany atmosphere.
That's quite as exciting asthat.
Speaker 2 (16:39):
So that's kind of our local UK.
A lot of that is because theyprovide a lot of beer.
Speaker 3 (16:46):
That helps.
That helps a lot.
Yeah, knock on wood.
Speaker 2 (16:50):
Right.
So before we wrap up here, arethere any things we haven't
talked about?
Like last thoughts you wantpeople to know about you or your
business, like what are, whatare your parting shots here?
Speaker 3 (17:02):
Yeah, so you know, I think we live in the greatest
area.
I think Northern Kentucky isyou know, starting big and
working in.
I mean I think Northern Kentuckyis a fantastic area, just
starting big and working in.
I mean I think NorthernKentucky is a fantastic area.
Just I put it up againstanywhere in the country Boone
County among Northern Kentuckyis my opinion the best.
(17:22):
And then within Boone County, Ijust don't think you can beat
Union at all.
This is home.
This has been home to us nowfor, you know, close to 15 years
.
We've got very deep roots, knoweverybody here and what's
coming up.
You know it's just it's anamazing area to raise a family
(17:44):
and you know I steer everybody Ican towards union.
I mean it's not for everybody,I get that, but if they're, if
they're saying you know, heylook, these are the areas that
I'm looking at, union's one ofthem.
You know, obviously I'm goingto to be the biggest advocate
for the city or just the area ingeneral.
I just think it's a fantasticarea to raise a family.
And you know there's no shortageof realtors in Northern
(18:07):
Kentucky.
I mean I always say you can'tthrow a stick in Northern
Kentucky that you don't hit arealtor and everybody's you know
cousins, brothers, husbands,sisters, dogs, et cetera as a
realtor and so you definitelyhave no shortage of options.
I think if you're looking forsomebody who is really going to
(18:31):
just invest in your needs,actually find you, work with you
to get exactly what it is thatyou are looking for.
I just don't think that anybodycan can do what I do.
I mean I'm sure we all say that, right, that's everybody.
Nobody does what.
Speaker 2 (18:44):
I do, but you got to believe in yourself.
But I really do.
Speaker 3 (18:47):
Yeah, I mean, you know, communication is just as
critical to me.
I mean I'm I'm available to my,my customers and my clients 24
seven.
We'll always 100% tell youstraight.
Even if there's news you don'twant to hear, I'm always going
to shoot you straight.
And I just think it's afantastic time to get.
If you don't have a house, it'sa fantastic time to get into
(19:09):
the housing market and it's agood time to consider upgrade,
downgrade.
There's no bad time.
Speaker 2 (19:16):
Yeah, better to own a house than not own a house.
You know, just dive in and Ithink too many people make
assumptions about themselves.
Like I can't afford a house, um, it's not the right time for me
.
Whatever that argument might be, they're arguing for their own
limitations.
But if they talk to aprofessional, especially someone
(19:37):
like you, they can help.
On both sides of the fence thereal estate and the mortgage
part of it they seepossibilities that they wouldn't
have otherwise seen if theyhadn't spoken to you Well, and
realtors and lenders, that's,that's a hundred percent.
Speaker 3 (19:53):
True.
Realtors and lenders, you know,do work hand in hand through
the entire transaction, soyou're in constant communication
.
I mean, sometimes I thinkunderstanding the mortgage side
of things is only going to helpme be a better realtor and
understanding the real estateside of things is only going to
help me be a better mortgagelender.
(20:14):
Right, you touched onhomeownership.
I think it's 100 percent.
True, it's interesting.
You talked about interest ratesa little while ago, but you
know, what people don't thinkabout is, yeah, interest rates
might be six and a half percentright now, but if you rent your
interest rates 100 percentbecause you're building no
equity, you have nothing to takewith you and you, so you know,
(20:35):
you're essentially paying an ahundred percent interest at
least with you know, homeownership, you're building some
wealth, you're building someequity, you've got some tax
deductions and you've got someownership.
Speaker 2 (20:44):
With rental you're building somebody else's equity
A hundred percent.
Speaker 3 (20:50):
Yeah, rental is an option for people that need it,
right, I mean, it's, it's not I,I'm not, I'm not here to to dog
there.
There are lots of people whorent for a variety of reasons
and those reasons are their own,and but but if, if?
Speaker 2 (21:03):
I think there would be people who are surprised at
some of the options that are outthere some people are renting
strategically because they wantto rent and they, um, they, they
have a specific path ahead ofthem and rental is a part of
they don't want to own a homefor whatever reason Correct.
But that's why you have to havea conversation, educate
yourself, and that's really whatit's all about.
(21:25):
Make an informed decision, andyou can help people do that.
Yeah 100%.
Speaker 3 (21:30):
I'm here for your best interests, whether that's
owning a home or not, ormortgaging a home or not.
I'm here to help you inwhatever works for you the best.
Speaker 2 (21:40):
Perfect, all right.
Well, Ryan Harvey, we are donefor now.
This was a very funconversation.
Yeah, absolutely.
Thanks for having me.
I hope you weren't too nervous.
No, no, I think we had a goodtime, I told you before.
Speaker 3 (21:54):
I've been told I've got the face for a podcast, so
the fact that this is beingvideo recorded makes me a little
nervous.
No, you did.
Speaker 2 (22:01):
You did great.
I appreciate it.
No, we're all good.
So before we go, I want peopleto know exactly how to reach you
.
What's the best way to?
Speaker 3 (22:09):
reach you.
Best way to reach me is to callor text me.
My phone number is eight fivenine640-2106.
You can call or text me anytime.
Facebook's also a great option.
I am on Facebook.
I am Ryan Harvey, Realtor slash, and then my NMLS number
(22:31):
266-3518.
And then you can also find me.
I'm pretty active on socialmedia in the neighborhoods and
the county pages, so probablyfind me that way as well.
Speaker 2 (22:43):
A lot of people know you.
Some didn't, now they do.
Speaker 3 (22:47):
Some probably wish they don't.
Speaker 2 (22:50):
You're a good guy.
You're a good dude.
If you weren't a good dude, Iwouldn't have you sitting here
so close to me right now.
Speaker 3 (22:57):
This is very close.
This is an intimate setting.
Speaker 2 (22:59):
We are.
We're very close inches apart,so thanks for your time today.
I'm glad people got to know you.
I'm glad that you came in andspent a little time with us, not
just me, but with NorthernKentucky.
Thank you very much.
Thanks again.
So, all of you out there, thisis the Good Neighbor Podcast.
We're always happy to help youknow, like and trust business
(23:26):
owners in the community,especially real estate, because
real estate is a big part of allof our lives.
So thank you for spending timewith us today.
Until next time, everybody outthere, please be good to your
neighbor.
Speaker 1 (23:34):
Bye-bye.
Thanks for listening to theGood Neighbor Podcast Union.
To nominate your favorite localbusinesses to be featured on
the show, go to GNPUnioncom.
That's GNPUnioncom, or call usat 859-651-8330.
This is the Good Neighbor Podcast, the place
where local businesses andneighbors come together.
Here's your host, Mike Murphy.
Speaker 2 (00:12):
Hey Charlie, thank you for the introduction.
Yes, I am Mike Murphy, host ofthe Good Neighbor Podcast.
We talk to local businessowners here in Northern Kentucky
to let you know them as humanbeings, people, not just logos
on a business card or a logo onthe side of a truck or on a
building.
So we have with us today alocal business owner.
(00:35):
He is a realtor here in UnionKentucky, a guy named Ryan
Harvey.
Now, ryan is known to some ofyou and many of you don't know
who he is.
We're going to make sure tochange that today.
Anyone listening to thispodcast is going to know Ryan
Harvey as not just a businessowner but a human.
And so, with that being said,ryan, welcome to the podcast.
(00:59):
Mike, thank you for having me.
Welcome and let people know whoyou are, what you are, what you
do.
Speaker 3 (01:13):
Yeah, so like you mentioned, I'm a full-time
realtor here in NorthernKentucky.
I do specialize in Boone andUnion.
That's where I live.
In addition to that, I alsojust recently got my mortgage
license, so I do both realestate side and mortgage side
kind of own the home buying andselling process, you know,
holistically from beginning toend.
So kind of a unique combinationhere in the area.
Speaker 2 (01:36):
That is unique.
I mean, I'm not used to talkingto realtors who also do the
mortgage side of things, sothat's an interesting dynamic
that I hadn't considered.
I didn't really know you coulddo that.
We're not going to dive toodeeply into the whole mortgage
thing.
That's a whole differentpodcast I think you and I need
to have, but just in terms of, Iguess, the real estate business
(02:02):
, the real estate business.
What is your take currently onthe current state of real estate
in Northern Kentucky?
Speaker 3 (02:11):
Well, the area as a whole just continues to, you
know, remain very strong.
Obviously, you know NorthernKentucky and Boone County and
Union in particular are some ofthe fastest growing areas.
That has to do a lot with, youknow, obviously, the big
employers that call Cincinnatiand Northern Kentucky home right
.
So Amazon, dhl, p&g, kroger,that sort of thing.
(02:33):
So really, you know theNorthern Kentucky market has not
seen the same impacts thatwe've seen elsewhere.
So home values continue toremain high in Northern Kentucky
and with union leading that.
And then you know, inventoryobviously being at record lows.
(02:53):
It's a tough market sometimesjust because the availability of
homes is so marginal, but themarket itself is still very
strong.
There's still a lot of buyersand sellers in this area and if
you're willing to put in thework as a realtor you can a
hundred percent stay busy inthis market.
Speaker 2 (03:13):
So inventory at record lows.
What does that mean to theaverage realtor out there and to
, I guess, anybody looking topurchase a home like?
What kind of market are we inright now relative to that?
Speaker 3 (03:26):
So low inventory, you know, typically means a
seller's market right.
So supply and demand right nowsupply is low, demand is still
up.
So what does that do to homevalues?
Well, that, you know, makestends to make them go higher.
The mortgage, the interest ratesthat you're seeing on mortgages
that's obviously a hot topicfor everybody.
(03:47):
That is helping to maybe slowthe rate at which home values
are increasing, but we're notdecreasing by any stretch of the
imagination.
So I think what will happen is,as interest rates start to come
down, you're going to just seea surge of buyers who have kind
(04:09):
of been waiting in, you know, onthe sidelines waiting for, for
that first indication of a break, and I just really think that
that's going to to drive a lotof buyers back into the market
and it's actually going to be a.
It's going to be a good thingfor property values and for
homeowners in the area.
Obviously, you know, the goalwith sellers is to, you know,
(04:30):
get them primed and ready forthat.
And then same thing with buyerstoo, right, get them lined up
and ready to go so that when thehome that they've been waiting
for for the last year finallyhits the market, they're in a
prime position to buy and thesellers are in a prime position
to sell.
Speaker 2 (04:48):
So interest rates, that's something that you know.
When somebody wants to buy ahome, of course they're going to
go online and they're going tolook at interest rates and
they're going to try to.
It's almost like when you're inthe stock market you're trying
to time the market.
Speaker 1 (05:03):
Yeah.
Speaker 2 (05:03):
Okay and you're trying to find the perfect time
to get in and get out orwhatever In the real estate
market that you know that justmeans like the perfect time to
get in, like when should I buy?
When should I buy that house?
And I just want to give someperspective to people that you
know I once upon a time when Ibought my first house, interest
rates back then were like don'tknow, like 12, 13, and you, you
(05:27):
can wait around.
But if you don't have theperspective of big picture
throughout life, what interestrates have been and could be
sure, you look at interest ratestoday of six point, whatever,
seven even, and you think, oh mygod, I would never buy when
interest rates are so high.
So that's a perspective issue.
(05:50):
Interest rates are really notthat high compared to, speaking,
to what they've been in thepast.
Speaker 3 (05:58):
Correct.
And you know the kind of theway that I present this,
especially to buyers, is if youwait for the perfect time to buy
a home, it'll never come.
There's never a perfect timewhere you're going to get the
best price on a home and thelowest rate.
There's never a perfect timewhere you're going to get the
(06:23):
best price on a home and thelowest rate.
And you know the exact housethat you're looking for in the
exact area that just the starsjust don't align in that nature.
So you know I never encourageanybody to overspend.
I mean, I never want that.
I don't want anybody to ever putthemselves in a position, you
know where where theaffordability comes into play,
right, and interest rates have alot to do with that.
But the thing to you knowrealize is that you can always
(06:46):
change your interest rates.
You can never change thepurchase price of your home,
right.
So as rates start to come downand values do go up, you know
you'll start to see thattrade-off where you know, yeah,
I'm paying a lower interest ratebut I bought at a higher price
and I've actually got somegraphs and some charts that I
could show where I can plug innumbers.
(07:06):
That says you know if your rateis at this much and you buy at
this price point, versus if youwait till you know rates are at
this and home and you can showthe difference and you will find
your break-even point.
The break-even point's not asfar as people think it is.
Speaker 2 (07:20):
So it's funny.
You bring up, you know, chartsand graphs.
Charts and graphs is somethingthat many of us use as a
punchline to a joke.
We kind of roll our eyes at it.
But then, when you're in themiddle of an event such as
purchasing a home that is one ofthe most major purchases you'll
ever make in your lifetime,those charts and graphs become
something that you rely heavilyon and you want the comfort of
(07:43):
knowing that you're making theright choice, and you're making
it right now, and so on and soforth.
I know that just because I'vebought and sold homes through
the years.
You're making a decision in themoment but, quite honestly,
(08:04):
without perspective.
Bottom line is you need aprofessional to kind of help
guide you and you want to buy ahouse.
You see the dream, you seeyourself in that home that you
want to buy.
But if you make a decisionhastily, there comes a time, a
(08:25):
year down the road, when you'rein that home and you're like
what the hell was I thinking?
What was I doing?
You need a professional to kindof help you step through that
decision and think of all things, not just the here and now and
the excitement of buying a home.
But let's take a step back andlet's look at the entirety of
what is not only here right now,but what is to come, and I
(08:47):
think that that is somethingthat a real estate professional
brings to the table and kind ofhelps especially young people,
keep them from making a hastydecision, and it helps anybody
make a decision that's thinkingof the here and now and the
future you.
So that's why we need somebodylike you in our corner.
Speaker 3 (09:10):
I 100% agree and I love working with first-time
homebuyers.
But you know, I tell, I tellall my clients.
You know, you, you hire me as a, as a professional, both you
know, for my insight, myrepresentation, but sometimes I
have to save you from the, theissues that come along right.
It represents you to protectyour interest, but sometimes I
have to protect you fromyourself.
Speaker 2 (09:29):
Right.
Speaker 3 (09:31):
So you know, buyers, sometimes, you see, they, they
see a property and they love itand they get that gleam in their
eye and they're like well, theydon't, they don't think about
the roof being, you know, 25years old, or they don't, they
don't think about the, the um,the issues, the development that
may be going on in the areathat could affect property
values.
And the same thing with sellerstoo is, you know, sometimes,
you know, sometimes sellers dohave overinflated values of
(09:53):
their home, or sometimes theydon't know that they can get as
much as they just have a.
They're there.
People can be short-sightedjust by nature, and so having
that kind of independent thirdparty perspective can really
help on both sides, I agree.
Speaker 2 (10:09):
So, having said all that, that's the business part
of you.
It's also a personal side ofyou.
Sure, I always ask everybodyabout their family, because when
you're in a business such asyours, you know at the end of
the day you come home, you kickyour feet up, you have dinner,
whatever, whether you've had agreat day or you've had your ass
(10:31):
kicked that day, there'ssomebody you go home to.
That kind of helps get youthrough all that.
It's called your family, thatit is Do you have a family.
Speaker 3 (10:41):
I do.
My wife Sarah and I.
We will have been married 20years, almost 20 years Actually.
2026 will be 20 years.
Okay, you know, met at UK,decided to settle in Northern
Kentucky.
She's from Cincinnati, I'm fromthe Lexington area, so this was
(11:01):
kind of a happy medium betweenbetween both of our families,
two teenage daughters.
One's a freshman at Ryle andthe other is an eighth grader at
Ryle, or, I'm sorry, eighthgrader at Gray.
So we'll have two at Ryle nextyear.
Both athletes, both play sportsfor for Ryle the eighth grader
(11:21):
plays tennis for Ryle and myfreshman plays volleyball for
Ryle.
They play club sports outsideof the year.
So you know, basically, whenschool's in session, it's it's
it's nonstop between betweeneither club sports or school
sports, or you know trainings orpractices.
You know it's just, it's.
All we do at night is carpoolaround.
(11:43):
I feel Right.
Speaker 2 (11:45):
It's that season of life you're in.
So were you an athlete at allin the school?
Speaker 3 (11:50):
I was.
I mean, I played soccer.
Didn didn't play uhcompetitively in in high school,
played uh recreationally all.
Actually all the way throughcollege uh played recreationally
um play golf.
I'm still still a big golfer,um coming into that time of year
which is nice to, when, whenschool sports slow down and our
kind of um, you know, personaluh recreation gets to pick up a
(12:12):
little bit.
But yeah, so I don't have a.
I never, obviously, playedvolleyball, never, you know,
played tennis, but yeah, that'smy background.
My wife played basketballthrough high school, okay.
Speaker 2 (12:26):
Good for you.
So when you guys go out andhave fun, when you're not
working, when you're not doingyour sports, you know, when you
get that time to go out andexplore the world, yep, what
does that look like?
Where do you go?
What's your vacation time looklike?
Speaker 3 (12:43):
So we always take a spring break trip every year.
We try to go somewhere in thesummers, you know, as time
permits, definitely stay prettyclose to home.
We really love we live intriple crown.
We love our neighborhood.
Um, you can usually find us,you know, tooling around the
neighborhood on the golf cart or, uh, playing golf, but, um,
that that's we.
(13:03):
We have a a really great friendgroup, you know, locally and um
, love just spending time, youknow, close to home.
But definitely do try to, youknow, definitely do a spring
break trip every year, try to gosomewhere every summer, if we
can, to a lot of concerts.
That's one of our favoritethings to do is concerts.
So, you know, if it's, if it'swithin two hours and it's
(13:24):
somebody that we want to see,chances are we're going to go
see them.
Speaker 2 (13:26):
All right.
So this will be a telling thingabout you.
Who's your favorite band of alltime you know?
Of all time yeah, oh man, ifyou're listening to the radio or
, like you know, music, have youowned like who?
Who is it?
Speaker 3 (13:41):
so we we have, we use pandora channels a lot or apple
music channels and I can tellyou that, like noah khan, tyler
childers, um, those actuallywe're going to see tyler
childers, uh, next month inlexington, um, but but those are
kind of our go-to stationsobviously.
You know, we we've reached thatage where we're kind of we
still do yacht rock.
I don't know if you know notyeah, um you know definitely
(14:03):
very soothing and calm, yeah inthe background right, love some
yacht rock um michael mcdonald,yeah right minute by minute.
Yeah, so, um, you know very,very eclectic taste of music.
Speaker 2 (14:14):
So just love, love concerts and love that that
atmosphere all right, I, I mean,I've always been a pink floyd
fan and zeppelin is my thing,and ozzy and you know, acdc.
But lately I've just been deep,deep, deep into the rabbit hole
of all the Pink Floyd stuff andall the stuff that nobody's
(14:37):
heard or seen or whatever.
So music is a big part of,should be a big part of,
everyone's life, because it'sjust we need to feed our soul as
we feed our bank accounts.
100%, all right.
So you mentioned UK.
Okay, I know that when peoplethink of UK they think usually
(14:58):
basketball.
I mean, they've had a great,you know, football team recently
, but anyways, when it comes toUK, we are used to UK being at
the top of the ranks coming intoMarch.
Madness, right, yeah, I mean,they're still doing okay.
Speaker 3 (15:13):
Number three feet.
Yeah, that's not bad.
Not bad at all, nope, right,yeah, I mean they're still doing
number three feet.
Speaker 2 (15:16):
Yeah, that's not bad, not bad at all.
No, um, do you?
Um, I mean, you've got that,that dog in that hunt?
Um, are you?
Uh, I guess what I'm saying ishave you filled that brackets
and how much money have you puttowards your team?
Speaker 3 (15:29):
you, you don't.
You don't want me filling outyour bracket.
Um, you know, there, there,there's a lot that goes on in my
brain all day, and you knowsports, while I like to play and
watch, just tracking it andthat, knowing all the nuance of
it is just not one of thosethings that I am able to reserve
(15:50):
bandwidth for.
So you definitely don't want mepicking out your bracket.
I don't care if UK is a numberone seed or a number 16 seed,
I'll have them, you know, goingall the way to the championship.
Speaker 2 (16:00):
I'm a Michigan man.
My team's ranked, you know, I'ma five seed going up against a
12.
I don't feel really good aboutit, you know, quite honestly.
But a lot of my family membersare right there with you.
They're rooting for the bigblue.
I'm Go Blue, you're Big Blue,go Big Blue.
Yeah, there's a difference.
People don't always get that,but yeah, there is a difference.
Speaker 3 (16:22):
If you've never been to Longnecks during a UK game,
especially a big UK game,there's few atmospheres.
I mean, I'm from Lexington, sooutside of Lexington I just
don't think there's any venue orany atmosphere.
That's quite as exciting asthat.
Speaker 2 (16:39):
So that's kind of our local UK.
A lot of that is because theyprovide a lot of beer.
Speaker 3 (16:46):
That helps.
That helps a lot.
Yeah, knock on wood.
Speaker 2 (16:50):
Right.
So before we wrap up here, arethere any things we haven't
talked about?
Like last thoughts you wantpeople to know about you or your
business, like what are, whatare your parting shots here?
Speaker 3 (17:02):
Yeah, so you know, I think we live in the greatest
area.
I think Northern Kentucky isyou know, starting big and
working in.
I mean I think Northern Kentuckyis a fantastic area, just
starting big and working in.
I mean I think NorthernKentucky is a fantastic area.
Just I put it up againstanywhere in the country Boone
County among Northern Kentuckyis my opinion the best.
(17:22):
And then within Boone County, Ijust don't think you can beat
Union at all.
This is home.
This has been home to us nowfor, you know, close to 15 years
.
We've got very deep roots, knoweverybody here and what's
coming up.
You know it's just it's anamazing area to raise a family
(17:44):
and you know I steer everybody Ican towards union.
I mean it's not for everybody,I get that, but if they're, if
they're saying you know, heylook, these are the areas that
I'm looking at, union's one ofthem.
You know, obviously I'm goingto to be the biggest advocate
for the city or just the area ingeneral.
I just think it's a fantasticarea to raise a family.
And you know there's no shortageof realtors in Northern
(18:07):
Kentucky.
I mean I always say you can'tthrow a stick in Northern
Kentucky that you don't hit arealtor and everybody's you know
cousins, brothers, husbands,sisters, dogs, et cetera as a
realtor and so you definitelyhave no shortage of options.
I think if you're looking forsomebody who is really going to
(18:31):
just invest in your needs,actually find you, work with you
to get exactly what it is thatyou are looking for.
I just don't think that anybodycan can do what I do.
I mean I'm sure we all say that, right, that's everybody.
Nobody does what.
Speaker 2 (18:44):
I do, but you got to believe in yourself.
But I really do.
Speaker 3 (18:47):
Yeah, I mean, you know, communication is just as
critical to me.
I mean I'm I'm available to my,my customers and my clients 24
seven.
We'll always 100% tell youstraight.
Even if there's news you don'twant to hear, I'm always going
to shoot you straight.
And I just think it's afantastic time to get.
If you don't have a house, it'sa fantastic time to get into
(19:09):
the housing market and it's agood time to consider upgrade,
downgrade.
There's no bad time.
Speaker 2 (19:16):
Yeah, better to own a house than not own a house.
You know, just dive in and Ithink too many people make
assumptions about themselves.
Like I can't afford a house, um, it's not the right time for me
.
Whatever that argument might be, they're arguing for their own
limitations.
But if they talk to aprofessional, especially someone
(19:37):
like you, they can help.
On both sides of the fence thereal estate and the mortgage
part of it they seepossibilities that they wouldn't
have otherwise seen if theyhadn't spoken to you Well, and
realtors and lenders, that's,that's a hundred percent.
Speaker 3 (19:53):
True.
Realtors and lenders, you know,do work hand in hand through
the entire transaction, soyou're in constant communication
.
I mean, sometimes I thinkunderstanding the mortgage side
of things is only going to helpme be a better realtor and
understanding the real estateside of things is only going to
help me be a better mortgagelender.
(20:14):
Right, you touched onhomeownership.
I think it's 100 percent.
True, it's interesting.
You talked about interest ratesa little while ago, but you
know, what people don't thinkabout is, yeah, interest rates
might be six and a half percentright now, but if you rent your
interest rates 100 percentbecause you're building no
equity, you have nothing to takewith you and you, so you know,
(20:35):
you're essentially paying an ahundred percent interest at
least with you know, homeownership, you're building some
wealth, you're building someequity, you've got some tax
deductions and you've got someownership.
Speaker 2 (20:44):
With rental you're building somebody else's equity
A hundred percent.
Speaker 3 (20:50):
Yeah, rental is an option for people that need it,
right, I mean, it's, it's not I,I'm not, I'm not here to to dog
there.
There are lots of people whorent for a variety of reasons
and those reasons are their own,and but but if, if?
Speaker 2 (21:03):
I think there would be people who are surprised at
some of the options that are outthere some people are renting
strategically because they wantto rent and they, um, they, they
have a specific path ahead ofthem and rental is a part of
they don't want to own a homefor whatever reason Correct.
But that's why you have to havea conversation, educate
yourself, and that's really whatit's all about.
(21:25):
Make an informed decision, andyou can help people do that.
Yeah 100%.
Speaker 3 (21:30):
I'm here for your best interests, whether that's
owning a home or not, ormortgaging a home or not.
I'm here to help you inwhatever works for you the best.
Speaker 2 (21:40):
Perfect, all right.
Well, Ryan Harvey, we are donefor now.
This was a very funconversation.
Yeah, absolutely.
Thanks for having me.
I hope you weren't too nervous.
No, no, I think we had a goodtime, I told you before.
Speaker 3 (21:54):
I've been told I've got the face for a podcast, so
the fact that this is beingvideo recorded makes me a little
nervous.
No, you did.
Speaker 2 (22:01):
You did great.
I appreciate it.
No, we're all good.
So before we go, I want peopleto know exactly how to reach you
.
What's the best way to?
Speaker 3 (22:09):
reach you.
Best way to reach me is to callor text me.
My phone number is eight fivenine640-2106.
You can call or text me anytime.
Facebook's also a great option.
I am on Facebook.
I am Ryan Harvey, Realtor slash, and then my NMLS number
(22:31):
266-3518.
And then you can also find me.
I'm pretty active on socialmedia in the neighborhoods and
the county pages, so probablyfind me that way as well.
Speaker 2 (22:43):
A lot of people know you.
Some didn't, now they do.
Speaker 3 (22:47):
Some probably wish they don't.
Speaker 2 (22:50):
You're a good guy.
You're a good dude.
If you weren't a good dude, Iwouldn't have you sitting here
so close to me right now.
Speaker 3 (22:57):
This is very close.
This is an intimate setting.
Speaker 2 (22:59):
We are.
We're very close inches apart,so thanks for your time today.
I'm glad people got to know you.
I'm glad that you came in andspent a little time with us, not
just me, but with NorthernKentucky.
Thank you very much.
Thanks again.
So, all of you out there, thisis the Good Neighbor Podcast.
We're always happy to help youknow, like and trust business
(23:26):
owners in the community,especially real estate, because
real estate is a big part of allof our lives.
So thank you for spending timewith us today.
Until next time, everybody outthere, please be good to your
neighbor.
Speaker 1 (23:34):
Bye-bye.
Thanks for listening to theGood Neighbor Podcast Union.
To nominate your favorite localbusinesses to be featured on
the show, go to GNPUnioncom.
That's GNPUnioncom, or call usat 859-651-8330.
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