Potential Home Buyers: What Price Home Could You Buy for $1000 Monthly Mortgage? Do you know the impact your interest rate makes? Interest rates have come a long way in the last 30 years. At current interest rates what price home could you buy for a $1000 monthly mortgage payment? The Infographic below illustrates a […]
Second Quarter St Louis Home Sales Surpass Economic Predictions Approximately around the middle of each month the Housing Report for St Louis City and County is published by the St. Louis Association of REALTORS®. This report analyzes MLS St Louis Home sales data from the previous month and Year-Over-Year comparisons. The infographic below covers some […]
Winter 2016 Home Buyers Guide: Things to Consider When Buying a Home The new 2016 Home Buyers Guide 2016 Edition presents a well-rounded view of buying a home in the Winter. Topics include: The Difference Between Cost and Price, Home Prices Last Year, Where Prices Are Headed Over the Next 5 Years, Home Ownership’s Impact […]
Destroying the Most Common Myths About Buying a Home Every child at some point fantasizes about being a Dragon Slayer. Today we are going to slay some common myths about buying a home. Dragon Slaying movies are exciting but can also be the source of nightmares for many youngsters. One of the ways a child […]
Fall Home Buyers Guide:Things to Consider When Buying a Home The new 2015 edition of the Fall Home Buyers Guide presents a well-rounded view of buying a home in the Fall. Topics include: The Difference Between Cost and Price, Home Prices Last Year, Where Prices Are Headed Over the Next 5 Years, Home Ownership’s Impact […]
As you might already know, summer and fall are a very busy time for real estate agents. That’s why so many home buyers decide to enter the market during this time of year. If you too are a prospective home buyer planning to enter the market soon, then you’ve visited the right real estate blog! […]
Before you start your home search, you want to know how much you can afford, right? There are two ways to do this: with a mortgage pre-qualification and a mortgage pre-approval. As a home buyer, the pre-approval is more valuable to you during your home search. How Pre-Approval Helps You as a Home Buyer One of […]
Home Equity Creates Wealth-Why it Matters and How it Gives You Future Options One of the most powerful benefits to home ownership is home equity and how it creates wealth. One of the advantages of wealth is options. Options are important to have when life deals you either an unexpected blow or an exciting new […]
Summer Home Buyers Guide:Things to Consider When Buying a Home The new edition of the Summer Home Buyers Guide presents a well-rounded view of buying a home in the busy Summer season. Dynamics are definitely different from buying a home in the fall or winter. Topics include: The Difference Between Cost and Price, Home Prices […]
First-time home buyers who work with us often have the same question: Should we or shouldn’t we get a first-time home buyer loan? In fact, there are a number of advantages and disadvantages attached to this type of loan. So today, we thought we would take a few moments to share with you what you […]
4 Reasons to Buy a Home Before Spring The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, […]
Fannie Mae and Freddie Mac Introduce 3 Percent Down Payment Mortgage Options Fannie Mae and Freddie Mac have just announced that they will start backing mortgages with down payments of as little as 3% of the home’s price. Fannie Mae’s plan will be effective December 13, 2014 while the Freddie Mac plan will be available […]
The Average Interest Rate and Mortgage Payment Over Decades Let’s go back in time and see what interest rates and mortgage payments have been since the 70’s. Sometimes in the midst of “Breaking News” and the “World is Falling Apart” headlines it’s hard to have perspective. Usually, when we look back in time, everything tends […]
New Report Shows Renting is More Expensive than Buying in St. Louis:Dangers of the Renter’s Trap Renting is now more expensive than buying a home in St. Louis according to a new report. Unlike the rest of the housing market, rentals did not suffer a drop in price over the last decade. In fact, rental […]
As more Baby Boomers retire, real estate experts all across the United States are seeing more cash deals, according to a recent report from Bloomberg. Evidently, these Baby Boomers (defined as anyone born between 1946 and 1964) are opting to purchase their homes with all cash instead of taking out a mortgage. Experts credit this […]
If you’re currently trying to sell your home on the local housing market, great news: it’s about to get very, very busy for you. That’s because national real estate experts are projecting that the spring home buying season for 2014 will see even more home buying activity than is already expected for this time of […]
When the First Mortgage Payment is Due:One of the Biggest Surprises a St. Louis Home Buyer will Discover When is your first mortgage payment due? After working with buyers for more than a decade, it’s always fun to give someone good news. One of the biggest pieces of good news about the home buying process […]
4 Reasons Buying a Home at the End of the Year Could be a Smart Move If you shared with someone you’re thinking about buying a home before the end of the year they might think you’re crazy. With the holidays fast approaching won’t you have enough on your mind already? Why tackle this project […]
The Cost of Waiting to Purchase Your St. Louis Home On the fence deciding whether to buy a home? Look at the impact on a monthly mortgage payment if interest rates rise according to predictions. Mortgage Rate Predictions for 2013 The MBA (Mortgage Bankers Association) and Freddie Mac are projecting that 30 year mortgage rates […]
