Explaining Today’s Housing Shortage The current housing market is experiencing a severe shortage of available homes for sale. Several factors have contributed to this shortage. Key Factors Behind the Shortage There are some market conditions impacting this shortage. Here are a couple of the big ones: Decline in New Construction Builders have not been constructing […]
Don’t Fall for the Next Shocking Headlines About Home Prices If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re […]
What You Need to Know About Sales Price to List Price Ratios There are 3 reasons you as a Buyer need to know what the term Sales Price to List Price Ratio means. This term appears in the column of data in a Comparable Marketing Analysis report (referred to as comps) that Buyers study when […]
Tax Reform and Housing Reference Guide Disclaimer: This tax reform and housing reference guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from […]
The 25 St. Louis Neighborhoods Reporting the Biggest Drop in Crime Recently the St. Louis Post Dispatch reported on the top 25 St. Louis neighborhoods who were documenting significant reductions in reported crimes. This is great news! So many times the national media has only focused on the negative side of things when it comes […]
3 Key Questions to Ask Before You Buy a Home If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the […]
Supply of Homes in St Louis Updated 6-04-19 Explore the supply of homes in St. Louis with this interactive map. Wave your mouse over the map to see how many months of inventory are available at the end of May 2019. Learn more about what makes up a Sellers Market or a Buyers Market and […]
It’s that time of year: Many homeowners are looking to the New Year and planning their 2017 real estate resolutions (sell the house, move to the suburbs, buy that dream vacation home, etc.). If you’re planning your own New Year’s real estate resolutions, you might be researching 2017 housing market predictions to figure out when […]
Want to visit the gym more? Finally complete the home improvement project you’ve been working on? Save money for that new watch/car/house/vacation? January 1 is the perfect time to jumpstart your goals. If you’re like most people, according to Money Magazine, you probably have “stay fit,” “spend less,” or “enjoy the most out of life” […]
St Louis Fall Home Buyers Guide 2016 Edition: Things to Consider When Buying a Home Update Here for the 2016 Winter Edition Fall Home Buyers Guide The new St Louis Fall Home Buyers Guide 2016 Edition presents a well-rounded view of buying a home in the Fall. Topics include: 4 Reasons to Buy a Home […]
Scrolling through online listing photos, scouting for the best neighborhoods, and pondering decor in your new home is fun. But the home search itself is not the only enjoyable experience; the entire home buying process can be pleasant when you have access to the best tools. Here are the top six resources you should use to make buying a home […]
Should You Buy or Rent? New Buy vs Rent Index Helps Answer Question The introduction of the new Buy vs Rent Index is a welcomed tool for anyone deciding if they should buy a home or rent. The typical approach to this decision are the generic online calculators. The New York Times has a very […]
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 […]
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! […]
Homes for Sale with Multiple Garages Men want to see homes for sale with multiple garages. It’s true and the above graphic illustrates what a lot of guys would do with a floor plan if they could. The keyword is … if they could. And let’s be honest … they can’t … unless they have […]
How to Sort through Real Estate Listings For Better Search Results How can you get better search results while you sort through real estate listings online? It’s easy to get a lot of homes to look at. How do you find the gold, your next home? Prospectors sort and sift through a lot of rocks, […]
We just love having the opportunity to share with you good news about the US housing market and this is one of those weeks! Evidently, according to a recent article we were reading, sales of newly built homes as well as home prices in general saw some great increases during the month of April, further […]
Who Is Responsible for Storm Damages the Buyer or the Seller? When a home is under contract, and a St. Louis storm blows through causing damage, who is responsible for storm damages and making things right? This is an unsettling question for the Buyer who just got an accepted contract on the now damaged future […]
More and more home buyers are returning to the US housing market because they’re noticing favorable market conditions. Specifically, buyers are feeling more comfortable about navigating the market thanks to interest rate stabilization and easier mortgage rules, according to a recent article by Reuters. This is fantastic news for the overall health of the housing […]
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 […]
