Hey there, future homeowner! If you’ve been daydreaming about picking out your dream home, you’re probably also keeping a close eye on those pesky mortgage rates. They’ve been a bit of a rollercoaster, right? Last year, when they nudged close to 8%, it might have felt like your home-buying dreams took a hit. If that made you press pause on your plans, you’re not alone. (check the chart below) But don’t worry, we’re all in this together, and we’re here to help you navigate through it. So, let’s chat about what makes sense for you and keep that dream alive Data from Bright MLS s ..read more

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC] Some Highlights Buying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process. If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate to the current housing market. That will help you feel confident when you buy a home. Let’s connect so you can get expert help with any questions you might have. Call 636-532-4200 today. Click Here for the Free Buyer and ..read more

3 Keys To Hitting Your Homeownership Goals in 2024 If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains ..read more

Here are the key milestones you’ll encounter on your path to homeownership. After working with Buyers for 20+ years we were excited to find the above infographic to share with you. Here’s a recap of the steps you will be taking and the landmarks you will see as you get closer to your homebuying destination. Build Your Team: You will need guidance along the way and as the saying goes, “No man is an island”. A trusted guide can save you time, stress, and possibly money! Know Your Score: Talk to a lender and find out what your credit score is and see if you need to improve it or not by cutting ..read more

Is Wall Street Buying Up All the Homes in America? If you are wondering who’s buying up most of the homes in America your first group to pop into mind might be Wall Street. This could make you pause and wonder how they’re impacting the housing market right now. This could leave you asking yourself questions like: How many homes do investors own? Are institutional investors, like large Wall Street Firms, really buying up so many homes that the average person can’t find one? To answer those questions, here’s the real story of what’s happening based on the data.   Let’s start with es ..read more

Why We Love Black Friday Bargains Everybody loves a good deal. There’s something psychologically satisfying about finding and scoring a bargain, whether it’s getting 50% off a big-screen TV you’ve been stalking for months or perhaps a home that has finally dropped into your affordable price range in a neighborhood or school district you’re interested in. Humans naturally love feeling like they got something extra or beat the system. Using FOMO or Fear of Missing Out on Black Friday Deals and Real Estate Listings Black Friday retailers use “Limited-Time” offers to create FOMO in customers. Real ..read more

Summary and Key Points Here is a summary of the key points from the 2024 Housing Market Forecast Housing experts forecast home prices will continue rising in 2023 and 2024, with increases of 2.8% and 1.5% respectively. This makes buying a home a good investment. Total home sales are also projected to increase slightly in 2024 compared to 2023, indicating more market activity as people continue moving. The forecasts suggest the housing market will remain relatively strong, with modest price growth and more sales activity. For those planning to buy or sell a home, knowing the expert projections ..read more

2023 Update: The link below will show you exactly when and where the fall foliage will peak this year. Click Here to See New 2023 Map People who live in Missouri believe fall is the best season of the year. Why? The humidity is finally bearable and so is the heat! The Show Me State is one of the best places in the nation to view the changing colors of fall. Reports are indicating that the display of autumnal colors will last a little longer this year and start a little later than usual. It looks like the best times this season will be in mid-to-late October. If you’re looking for guidance bef ..read more

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 as many new homes over the past 14 years. The pace of new home construction fell significantly after the 2008 housing crash. While construction has recovered somewhat, we are still not building enough new homes to meet demand. Homeo ..read more

Recent reporting by Zillow’s Home Value Index shows St. Louis in the top 10 Metropolitan Real Estate Markets in their August report. In the middle of almost constant negative, end-of-the-world reporting this comes as welcome news to homeowners and potential sellers and maybe even potential buyers. Zillow Home Value Index Explained Here’s how Zillow explains it on their site: The Zillow Home Value Index (ZHVI) is designed to capture the value of a typical property across the nation or the neighborhood, not just the homes that sold, and we do so by drawing information from the full distribution ..read more