Price Ranges Feeling the Inventory Shortage You’ve heard the expression, “A picture is worth a 1000 words”. How true! The graphic above was shared recently at the National Association of Realtor’s Residential Economic Issues and Trends Forum at the trade group’s midyear conference, the Realtors Legislative Meetings, which has attracted some 15,000 attendees. The homes in […]
Comparing St Louis Real Estate Market to Last Year How is the St. Louis Real Estate market performing compared to a year ago? To answer that we turn to the most recent statistics provided by the local St. Louis Association of Realtors. Click Here for the Full Report
Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the long […]
How Much for that Apple? Multiple offers, waiving building inspections, paying way over list price, is all apart of today’s madness in the world of real estate. Sometimes you just need a little comic relief to balance things out and have a good laugh! How to Find St Louis Homes for Sale with Price Reductions […]
Learn More About Properties that are Coming Soon Finding Homes for You has introduced a new way to search for St. Louis and St. Charles Coming Soon properties. These are homes that are not yet open to showings for the public but will be soon! Many of the Coming Soon listings will have the actual […]
St. Louis Housing Report March 2021 Compared to March 2020 What’s happening in the St. Louis Real Estate market is a question we get on a daily basis. Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the […]
Why You Should Think About Listing Prices Like an Auction’s Reserve Price For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then […]
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance […]
How Smart Is It to Buy a Home Today? Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact […]
Even though it’s early in the year to compare to last year at this time there are some definite trends. The information in the chart above covers residential real estate activity in St. Louis City and County combined and is provided by Mid-America Regional Information Systems. Highlights For the full report head over to Market […]
The Importance of Home Equity in Building Wealth Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is […]
The Difference a Year Makes for Homeownership Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option […]
4 Ways to Successfully Position Yourself When Buying Your Home Work with an Exclusive Buyer’s Agent An Exclusive Buyers Agent is a type of real estate agent that only works for buyers and never for the seller. What is a Exclusive Buyer Agent? Make Firm Decisions About Your BudgetDecide about your price range and don’t […]
St. Louis Housing Report Compares November 2020 Activity to November 2019 How is the St. Louis Housing market compared to last year at this time? You might be surprised, delighted, depressed, anxious or hopeful or a little bit of all of these emotions. You can dive into the full report by following the link below: […]
What’s the forecast say? I would wager, as a St. Louisan, that question has to be one of the most frequent question asked by anyone living here. When it comes to the real estate market a frequent question is, “Will home prices continue to increase in 2021?” Here’s the forecast … As we enter the […]
To say that 2020 has been a bit of a whirlwind would be an understatement. And as we get closer to the end of the year, many buyers and sellers are wondering if it makes financial sense to enter the market. Although the warmer months are typically considered the best time to move, buyer demand […]
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the […]
Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from the […]
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and the unemployment rate fell to 10.2% (from 11.1% […]
How to Find Affordable Homes in the Parkway School District Parkway School District is a highly-ranked school system in the St. Louis area. How do you find affordable homes in the Parkway School District? You have to know the area to search in as the prices vary significantly. The school district is divided into four […]
