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4994 Deepwood Ct Mehlville St Louis Home & Real Estate

  Schedule a Showing/Request Info Search all Mehlville Homes for Sale Search all St Louisi Metro Homes What is your home worth? Free Metro St Louis Foreclosure List   Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com MLS#: 12006714 Information valid for the date of this posting only. Please contact us for the most current information and… Read More

Saint Louis Real Estate Investors Face New IRS Rules for Property

The Internal Revenue Service (IRS) has “issued a massive new set of regulations, with complex rules, in 2012″ that will affect the profitability of owning Saint Louis rental and investment properties says Stephen Fishman, a tax expert, attorney and author. Some of these new rules change the definition of what constitutes a deductible repair versus… Read More

Home Buying Could Be Less Than Renting in Saint Louis

Recent data from the U.S. Census Bureau and published statistics from Thomson Datastream indicate that rising rents and falling mortgages are tipping the scales towards home ownership. According to Paul Diggle, a housing economist at Capital Economics, the median monthly mortgage payment has fallen to about $700 which is close to a median monthly rent check…. Read More

Saint Louis Iraqi War Veterans Parade This Saturday January 28, 2012

It started as a grass roots movement last month and volunteers got the ball rolling to get this parade off the drawing board in the streets.  Saint Louis may be the first to put on an Iraqi War Veterans Parade to thank service men and women and their families for their sacrafices and welcome them home,… Read More

Borrowers Get Credit for Renting and Credit Score May Improve

Renters with a good rental payment history could now be rewarded with better credit scores. Last year Experian, one of the three leading credit-reporting companies, added a section to millions of credit reports showing on-time rent payments. Now two other companies, CoreLogic and FICO, have announced new credit reports and scores for 2012 that will… Read More

Saint Louis Real Estate Sale Price vs. List Price with Number of Days on Market

The Green Bars below represent the percentage of the list price for which the Saint Louis MO Metro properties sold in the respective month.  The blue line represents average number of days on market for the properties.  Clearly in 2011 the listings that were sold in the summer months generated a sale price closer to the… Read More

Credit Score Myth

Many consumers are “often confused as to where their credit score comes from,” reports John Ulzheimer, president of consumer education at SmartCredit.com and Bottom Line newsletter contributor. When these consumers hear the term “FICO credit score” they often think that the company Fair Isaac, the company behind FICO, creates their credit score. Ulzheimer says this… Read More

Mortgage Interest Rates Ease to a New Record Low

The Primary Mortgage Market Survey® (PMMS®), showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks. News Facts 30-year fixed-rate mortgage (FRM) averaged 3.89 percent with… Read More

Private Mortgage Insurance Helps You Get The Loan

Mortgage Insurance, also known as PMI, is a supplemental insurance policy you may be required to obtain in order to get a mortgage loan. PMI is provided by private (non-government) companies and is usually required when your loan-to-value ratio — the amount of your mortgage loan divided by the value of your home — is… Read More

Marketing your Saint Louis Home and Staging

For many people staging their home is not a consideration when selling.  After all if you have a competent REALTOR he or she can provide tips that will help make your home show its best.  You simply work with what you have.  Others though have property that is vacant or near vacant for a variety… Read More

HUD Offering $100 Down Payment on Homes in Missouri including Saint Louis

The Denver Homeownership Center is currently offering $100 down payments for all eligible HUD real estate owned (REO) properties.  This includes properties and homes in Saint Louis and Missouri,  Purchasers must be owner/occupants, utilize FHA insured financing and offer full list price, which is happening in the marketplace anyway. Additionally the FHA 203(k) loan is… Read More

FHA Anti-Flipping Waiver Helps Saint Louis Real Estate Investors and Market

FHA EXTENDS WAIVER OF ANTI-FLIPPING REGULATIONS THROUGH 2012 WASHINGTON – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended a temporary waiver of FHA’s anti-flipping regulations through 2012.  Read FHA’s anti-flipping waiver. “This extension is intended to… Read More

Selling a Highly Appreciated Home? Combine Two Tax Breaks

Let’s say your home has appreciated in value since you bought it many years ago. You want to sell the property and convert the equity into an income-producing investment. But there’s one problem: The amount of gain is expected to be much more than the $250,000 that you can pocket tax free under the tax… Read More

Merging the Money

Once you’re married, you need to decide how to merge both of your finances. If you both have similar views on financial matters, that may not be too difficult. However, those with widely different views may find it harder to merge their finances. Consider these tips.  Read More  

Real Estate Easements Sometimes Override Private Property Rights

Your name may be on the deed, but that doesn’t necessarily mean the public can’t use part of your land. Many properties have easements, which means someone has the legal right to use part of the land. An example is when one homeowner cannot access his property unless he crosses a neighbor’s driveway. Generally, easements… Read More

Real Estate HUD Wants to Sell in Saint Louis – $100 Down Payment Offer

HUD is very interested in selling homes like the example below in several states including Missouri.  One of the incentives is a $100.00 down payment Offer.  Buyers will be required to occupy the property among other qualifications.  Find out if you qualify for this money saving program today. 314-415-2141   STOP THROWING YOUR MONEY AWAY ON RENT!  … Read More

Bouncing Back If Your Loan is Rejected

Nothing stings like rejection. But just because a lender considers you a poor credit risk today doesn’t mean you can’t turn it around. If your mortgage application is denied, the lender must provide you with information that, if used correctly, can help you become more creditworthy. Read on to find out more and to get… Read More

ENERGY COSTS NOW IN FOCUS SO DO YOUR CODE WORK!

Topic Summary: Did you know that the average U.S. home spends $2,175 on utility costs per year? That’s over $180 per month! A recent survey indicated that 86% of consumers wanted to know average energy costs they would have to pay before they move into a new home. What follows are some resources that will… Read More

Saint Louis Real Estate Value Versus “Median Sale Price”

Nearly every day we hear about the “median Sale  Price” of real estate and how it is up or down.  It’s often it is used as a barometer of the real estate market.  “Well there is good and bad news in the real estate market”.  “The number of sales has increased, but the values are… Read More

Get a Firm Grip on our Rate by

Rates are a major consideration when you’re shopping for a mortgage. After all, you want to find the best one available. You also want to be sure that you are not only able to handle the monthly payments now, but also throughout the life of the loan. Click link for full article

Green Gifting Ideas That Save Year Round

If you are not into giving a neck tie or gift cards this year, think about these two nifty presents. First up- what $50 investment can you make that can possibly pay you back in one month? Investigate a programmable thermostat! For home owners it’s hard to save money on energy costs if you don’t… Read More

S.1944 A bill to create jobs

Washington Watch- Going Down To The Wire Update: Last week it looked like the extension of the payroll tax cut from 2011 was sure to pass Congress. It’s worth about $1000-$1500 to the average taxpayer.  Now there are competing bills and the usual beltway bickering back and forth as to who is on the side… Read More

Get to Know Section 529 Plans

Get to Know Section 529 Plans Basically, a college savings plan allows you to place money in a state plan to be used for the beneficiary’s higher-education expenses at any college or university, which include tuition, fees, books, supplies, and certain room-and-board costs. There are several significant advantages to these plans. Click link for full… Read More

HUD Homes More Affordable Than Ever – $100.00 Downpayment

From HUD’s Website: “HUD’s Federal Housing Administration (FHA) has helped millions of American unlock the door to homeownership and have a home of their own. We do it by making home buying easier and more affordable. One way we can do this is by selling homes HUD owns at attractive prices and economical terms. That… Read More

These days adjustable rate mortgages (ARMs) are a good deal!

Call to ARMs “Forget the subprime mess. These days adjustable rate mortgages (ARMs) are a good deal,” reports Ashela Ebeling, Financial Reporter for Forbes magazine, especially for certain well-off home buyers looking to purchase or home owners wanting to refinance. Many borrowers who purchased houses with ARMs during the subprime boom got hooked into using… Read More

2012 Property Tax Bill – Time To Challenge It!

If your home’s value has dropped you may want to investigate a property tax appeal. Here is a new service you might want to check out that will arm you with evidence. Also found with the Full Article Link, are other resources to take on the tax assessor!  

Find Properties Fast Fast Fast!

We know that after you do your first property search and see how easy it is, you will continue to come back for all your real estate needs and information.to FindingStLouisHomes.com.  No matter if you are just simply curious, or months or years from purchasing that new home or business.  Expert REALTORS offers our website… Read More

Get the BEST Mortgage.

We are pleased that you are using FindingStLouisHomes.com as your St. Louis area real estate resource whether you are interested in buying, selling or just looking. We appreciate your visits, comments, and questions. One of the most important considerations when buying real estate is the mortgage. There are many things to know and a trusted… Read More

Know Your Score!

Mortgage companies are stressing to us daily that they have money to lend. Interest rates are at historically low levels. Housing costs are at the lowest levels in years. With a good credit score you have the ability to take advantage of a terrific buying opportunity. In today’s market your credit score is more important… Read More

Building Inspections – Know Your Home…

Get to know your new home. Nearly all residential sale contracts provide for the purchaser to conduct inspection(s) of the property before finalizing the purchase. The Standard St. Louis Residential Sale contract provides for a building inspection contingency for the buyer of the property. This is one of the most important sections of the contract… Read More

Title Insurance and Hazard Insurance

Title and Hazard Insurance. Covering your assets. Of course there are many types of insurance and we primarily discuss homeowners/hazard insurance and title insurance during a real estate transaction. Both of these types of insurance should be addressed in the Residential Sale Contract. The contract provides that the purchase is conditioned upon the buyer’s ability… Read More

Included and Excluded Items with Home Purchase.

Inclusions and Exclusions: Usually only the sale contract provides for what is included and excluded in the sale of the property so there is no confusion by either party.  For example a buyer might think that the central vacuum attachments, fountains, and garage door openers are included with the property.  A seller on the other… Read More

Know Who is Working for You!

Who is working for YOU? Most people believe that the agent they are working with is working for them but that may not be the case.  There are a variety of working relationships provided by the Missouri Real Estate Commission and they are required to be disclosed to you.  The licensee is required to make… Read More

St Louis Benton Park Luxury Home Open Houses

St Louis Benton Park Restored Luxury Homes Open House December 1, 2011 from 5-7. Join us for wine and cheese while viewing these two beautifully restored luxury homes in Benton Park.   Open House: December 01, Thursday 5:00 PM – 7:00 PM Schedule a Showing/Request Info Benton Park Homes for Sale Search All Homes For… Read More

Open House – St Louis Real Estate History – Benton Park November 29, 11-1

OPEN HOUSE TUESDAY NOVEMBER 29TH FROM 11 AM TO 1 PM. Click here to see more pictures and detailed information. Schedule a Showing Benton Park Homes for Sale Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com L2L Virtual Tours… Read More

Remodeled 3 bedroom Brick Home in Holly Hills St Louis Open House 11-6

Open House November 06, Sunday 1:00 PM – 3:00 PM Address 5805 Dewey Ave, St Louis, MO Click for Directions! Price Click For Current Price 3 beds 1 BATHROOMS (1 full) 1530 Square Feet View Property Website for more information, pictures, current price, maps, schools and more! Description OPEN HOUSE THIS SUNDAY 11-6 FROM 1-3PM… Read More

St Louis Real Estate Attracts New York Investors

$4.5 Million St Louis Real Estate Investment in Appartments near Forest Park. “The deal is the first in the St. Louis market for Time Equities Inc., led by Francis Greenburger. Time partnered with real estate investment firm, Becker Brothers LLC, also of New York” Full Article

Home Sales Up in St Louis

St Louis Association of REALTORS President says home sales are up in the St Louis Real Estate Market. Full Article

1279 Shorewinds Trail, St Charles, MO 63303-St Charles Open House 10-16 From 1-3

Open House: October 16, Sunday 1:00 PM – 3:00 PM Schedule a Showing/Request Info St Charles Luxury Homes Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure   Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com Information valid for the date of this posting only. Please contact us… Read More

5805 Dewey St Louis, MO 63116 – Open House Holly Hills 10-16 from 1-3

  Open House: October 16, Sunday 1:00 PM – 3:00 PM Schedule a Showing/Request Info Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com Information valid for the date of this posting only. Please contact us for the most current… Read More

1138 Dover Place, St. Louis, MO 63111- By Caroldelet Park Open House 10-16 from 1-3

What a delight this home is Quick Links St Louis Metro Building Lots Search All Homes For Sale What is your home worth? Avoid Foreclosure Free Metro St Louis Foreclosure List See Property Details Call: 314-415-2141 for more information on this or any other property. Information valid for the date of this posting only. Please… Read More

Saint Louis University Presents the Economic Policy Speakers Series

On October 18, 2011 Andrew Puzder CEO of CKE Restaurants, Inc. will be the guest speaker in the Anheuser-Busch Auditorium at St Louis University’s John Cook School of Business. The Program begins at 5:30 followed by Puzder’s presentation at 6:00.    Read More

The Soulard Octoberfest is Happening NOW!

http://soulardoktoberfest.com/

More Details Released on Chesterfield Real Estate Development including Outlet Mall

As part of a much larger St. Louis real estate development Spirit of St Louis Outlets are planned for 55 acres about 4 miles west of Chesterfield Commons in the Chesterfield Valley. Plans were unveiled for 555,000 square feet in the project on 55 acres. Tenants are expected to be Brooks Brothers, Banana Republic, Calvin… Read More

1138 Dover Place Saint Louis MO 63111

Coming this week to the MLS is this Fabulously maintained single family home on a large lot. The interior host: Living room with fireplace, Seperate dining room. Updated Kitchen with Stainless Appliances. Mainfloor Master Suite. Main floor powder bath. Main floor office. The upper level has 2 bedrooms 2.5 baths. The home also has a… Read More

1279 Shorewinds Trail Saint Charles MO 63303-Virtual Tour

  Schedule a Showing/Request Info St Charles Luxury Homes Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com Information valid for the date of this posting only. Please contact us for the most current information and status of this property…. Read More

5805 Dewey Avenue St Louis MO 63116 – Virtual Tour

  Schedule a Showing/Request Info Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 5805 Dewey Ave St… Read More

1029 Pearview Dr St Peters MO – Virtual Tour

  Schedule a Showing/Request Info St Peters Luxury Homes Search All Homes For Sale What is your home worth? Free Metro St Louis Foreclosure List Avoid Foreclosure   Brian Magill Expert, REALTORS 314-415-2141 info@stlexpert.com Information valid for the date of this posting only. Please contact us for the most current information and status of this… Read More

Selling a Home in St Louis, MO: Successfully Marketing Your Home Online

Selling a home in St Louis, MO is always an important task that has a lot of risks and rewards involved with it. With more than 89% of home buyers using the internet to do research and look at homes, the online marketing of homes for sale in St Louis, MO is critical. In this… Read More

4151 Oetjen House Springs MO 63051

If you are looking for lots of space and privacy you have that here as we are on a full acre. There is a garage, a poured concrete driveway, but also an extra patch for gravel if you need additional space to park your vehicles and toys. There wood floors have been refinished very nicely…. Read More

12655 Rott Rd Sunset Hills MO 63127 – Video – Expert, REALTORS

Price reduced $20,000 MOVE-IN READY! This beautiful 1.5 story masterpiece is tucked away on a picturesque lot on prestigious Rott Rd in Sunset Hills. Exterior stone accents, 3 car separated garage, an elaborate 3-tiered waterfall and mature trees provide an unbeatable setting. Natural light floods in through the numerous main floor windows casting a glow… Read More

12655 Rott Rd Sunset Hills MO 63127

MOVE-IN READY! This beautiful 1.5 story masterpiece is tucked away on a picturesque lot on prestigious Rott Rd in Sunset Hills. Exterior stone accents, 3 car separated garage, an elaborate 3-tiered waterfall and mature trees provide an unbeatable setting. Natural light floods in through the numerous main floor windows casting a glow on the beautiful… Read More

Short Term Lease Benton Park St Louis

Short term lease available in Benton Park 2 bedrooms.  Hardwood floors, 14ft plus ceilings modern lighting and fresh paint in the great room. Kitchen has ceramic tile flooring, 42” special order cabinets, granite countertops, new appliances, modern lights and fresh paint, upper level hosts 2 bedrooms with large closets, large loft area, full contemporary spa bath… Read More

500 Old Logging Road Eureka MO 63025

Price reduced almost $35,000! Beautiful custom ranch on 5.2 wooded acres. Approx.3600 sq ft of finsihed living area upper and lower level. 9ft. ceilings on main and lower level. Three car over sized side entry garage. Entry foyer w/wood floors opens to great room w/fireplace and Seperate dining room. Private hallway leads to master bedroom… Read More

1939 Arsenal Street St Louis MO 63118

Included period style woodwork, Brazilian Cherry floors, open floor plan perfect for entertaining or hosting holiday parties for friends and family. Gourmet kitchen a chefs dream w/granite counter tops, top of the line appliances, separate breakfast room, wet bar w/wine rack, 3 car garage, master suite w/a GORGEOUS bath w/walk-in shower, 5 bedrooms, 3 1/2… Read More

1270 Shorewinds Trail St Charles MO 63303

Spectacular lot with great landscaping! You’ll really Love this subdivision! This home is only 4 years old and and is in such good condition it looks like it was just built yesterday. The owners picked the right upgrades to do on this home. hardwood floors throughout main level, wood burning fireplace in the great room,… Read More

2005 Lynch Street, #C, St. Louis, MO 63118

Summer time in Benton Park. Your new home is move in ready and features: Hardwood floors, 14ft plus ceilings modern lighting and fresh paint in the great room. Kitchen has ceramic tile flooring, 42” special order cabinets, granite countertops, new appliances, modern lights and fresh paint, upper level hosts 2 bedrooms with large closets, large loft… Read More

10477 Garibaldi, Frontenac, MO 63131

Great great extra large lot in Frontenac with a home which can be torn down and replaced with your dream home. Property is adjacent to Chaminade. Your builder or ours your design or ours. If building new is not an option for you then this 3 bedroom 2 bath home can be renovated. It is… Read More

Missouri Housing Commission Offering 3.50 Percent Mortgage Rate

Missouri Housing Development Commission (MHDC) has lowered the interest rates on mortgages offered under its first-time homebuyer program. A 3.50 percent 30-year fixed rate mortgage is available to homebuyers not needing assistance with down payment and/or closing costs, while a 4.0 percent 30-year fixed rate mortgage is available to those buyers who do take advantage of cash assistance. These rates are the lowest ever offered by MHDC.

“10% Jump in September Existing-Home Sales”

10% Jump in September Existing-Home Sales
Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of REALTORS®.

How to Recognize a Buyers Market

Are you on the search for a new home? Are you a first-time home buyer ready to enter the market? Then a buyers market is right where you want to be!

Housing Starts Surge 10.5% in August, Permits Rise

Housing starts are up 25% from their bottom in April 2009. But they remain 74% below their peak in January 2006

Uncertainty could scare homebuyers from foreclosures

“GMAC Mortgage and JP Morgan Chase have already halted foreclosure proceedings in 23 states, following allegations that workers the companies employed failed to follow the proper legal procedures in filing paperwork related to judicial foreclosure proceedings.”

Making an Offer on a Short Sale? What You Need to Know

If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale.

Selling Your Home for Less Than You Owe

The bank will discount the note allowing the seller to negotiate a price lower than the balance of the loan.

Stop Double Taxation

In Missouri we (www.yesstosavehomes.com) are asking the taxpayer to vote yes to amend the constitution to prohibit such taxation.

Framing a Modern Masterpiece International Design Competition Winner to be Announced in Two Weeks.

There were many goals of the competition and all five of the plans are of grand scale. You can view the designs on the website or at one of the 3 remaining traveling exhibits. Many have differing opinions regarding the best design but nearly everyone I talk to believes something needs to be done to “attach” the arch to the city.

Industy Insiders Present Home Buyer Webinar May 20th

Get your information directly from industry insiders

The Way You Live vs. The Way You Sell

Home staging has arrived to nearly every price range of home. See the difference for your self in this short video about the benefits of staging.

EPA’s New Renovation, Repair and Painting Rule

Protect your family and make sure you only hire a contractor who is in a Lead-Safe Certified Firm. Find a Lead-Safe Certified Firm near you.

How to Get the Extended Home Buyer Tax Credit

You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here’s what you have to do to get your benefit: Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract in place by April 30, 2010 with a closing date… Read More

Home Sales Up, Prices Holding

Reports are coming in from multiple sources regarding the Real Estate market.  Largely the reports cite increased sales in most areas of the country.  The Federal Tax Credit and low interest rates have contributed to the surge in sales. Home Sales Rise on Tax Credit, Favorable Market St. Louis home sales soar 22 percent in… Read More

Avoiding Loan Modification Scams

free counseling from well trained non-profit counselors

“Median Price” May be Misunderstood

Since the beginning of the real estate “bubble” headlines much has been made of the “median Price”.

Mortgage: Pay or Walk Away

It was reported last week that the HAMP (Home Affordable Modification program) participants is on the rise and growing. We need to improve and expand this program.

Current Mortgage Rates and Prediction

Mortgage rates ease slightly and are still hovering just above the low of December.  Many are forecasting a rise in rates on the horizon. Inman News offers this report. The Mortgage Bankers Association Forecast.

Don’t be a “Panic Buyer”

The deadline of April 30, 2010 to take advantage of the Federal Tax Credit is fast approaching.  April 30th being the deadline to have a property under contract, AND then must successfully close the property by June 30th. There are at least 3 problems with waiting until the end of April to enter into a… Read More

Big Impact, Low Cost Remodeling Projects

Uncertainty and restraint are the order of the day in this economy, and that sense of caution is reflected in home owners’ return on their investment in remodeling projects, according to REALTORS® in 80 metropolitan markets surveyed by Remodeling magazine for this year’s Cost vs. Value Report.

Real Estate Settlement Statement Compares Actual Costs to Good Faith Estimate, Limits Changes

For the first time ever, HUD will require mortgage lenders and brokers to provide borrowers with an easy-to-read standard Good Faith Estimate (GFE) that will clearly answer the key questions they have when applying for a mortgage

HOPE: Missouri incentive offers up to $1,750

Missouri offers additional tax incentives to fist time buyers. HOPE (Home Ownership Purchase Enhancement) approved by the Missouri Housing Development Commission (MHDC) offers to reimburse first time homebuyers up to $1,750 for a home purchased in 2010.

Tax Credit Officially Extended and Expanded

After much fanfare the home buyer and home owner tax credit is in place.  This new law extends the first time home buyer tax credit for property under contract by April 30, 2010 and closing by June 30, 2010. Under the same bill unemployment benefits are extended by 14 weeks and there are provisions to… Read More

Last Days of the $8,000 Federal Tax Credit

Could it be the end of the $8,000 Federal tax credit for first time home-buyers?  The one thing we know with certainty is the program is currently set to expire on November 30th.  Without action from Washington, time is of the essence in order to successfully complete a purchase transaction before the deadline. Given the… Read More

$8,000 Federal Tax Credit deadline approaching

The Tax Credit Program expires at midnight on November 30th and provides that only purchases that have CLOSED by that time are eligible for the program.  With the current HVCC appraisal regulations and mortgage environment it currently takes between 45 and 60 days from contract to closing on average. The effect on the average first… Read More

Know who represents You

Who is working for YOU? Most people believe that the real estate agent they are working with is working for them but that may not be the case.  There are a variety of working relationships provided by the Missouri Real Estate Commission and they are required to be disclosed to you.  The licensee is required to… Read More

Save the Historic Tax Credit

At this very moment, the Historic Tax Credit (HTC) is threatened by the Senate’s Economic Development committee substitute for SB45, which will cap the Historic Tax Credit at $150 million. Such a cap will undoubtedly substantially reduce the effectiveness of the program, which relies on freely available credits in order to function. The Historic Tax… Read More

Revised Homebuyer Tax Credit Does Not Require Repayment

American Recovery and Reinvestment Act of 2009 H.R. 1, the “American Recovery and Reinvestment Act of 2009,” passed the House on February 13, 2009, by a vote of 246 – 184. The Senate also passed the bill later that day. The President is expected to sign the bill soon. The bill is a $780 billion… Read More

First-Time Buyers Tax Credit Advance Loan Program

MHDC Rolls Out Innovative New Program For First-Time Homebuyers Starting January 2009, Missouri Housing Development Commission (MHDC) will have a new product to enable first-time homebuyers to take advantage of the $7,500 federal first-time homebuyer tax credit. This program is the first of its kind in the nation. The federal first-time homebuyer tax credit was… Read More

Latest Economic and Housing Forecast from National Association of REALTORS

Pending Home Sales Holding In Stable Range WASHINGTON, December 09, 2008 Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®. The Pending Home Sales Index,¹ a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly… Read More

Wine and Cheese Open House Tour Nov. 6th and 9th Benton Park

Open House Wine and Cheese Party Please join us for wine and cheese while viewing these two beautiful homes Thursday November 6th between 4 and 7 p.m. and Sunday November 9th between 1 and 3 p.m. at newly renovated 2901 Wisconsin Ave. and newly constructed 2909 Wisconsin Ave. located in Benton Park.  2901 Wisconsin Ave. offered… Read More

St. Louis Ranks number 3 in the Best Cities To Buy a Home

According to Forbes Magazine financially St Louis ranked number 3 of the 40 largest metropolitan areas based on appreciation, rental levels and vacancy rates. Here are the top ten. 1. Houston 2. Austin, Texas 3. St. Louis 4. Philadelphia 5. San Antonio, Texas 6. Dallas 7. Charlotte, N.C. 8. San Francisco 9. Jacksonville, Fla. 10. Atlanta Forbes magazine Maurna Desmond article

The Risks and Rewards of a Short Sale

A “Short Sale” is when the sale of the property does not net the seller enough funds to pay the full mortgage and the mortgage company discounts the note.  These properties are often nearing foreclosure and the mortgage company would rather discount the mortgage than go through the costly and time consuming process to foreclose. … Read More

Buying Power for First-Time Homebuyers

If you are in the market or considering a purchasing your first home you should consider the economic factors and market conditions.  Forecasters are telling us that mortgage rates will continue to fall slightly before stabilizing.  We hear regularly that the housing market is at or near the bottom and a turn around is likely… Read More

Remodeling Projects Go Green

The American Society of Interior Designers Foundation and the U.S. Green Building Council launched the nation’s first green residential remodeling guidelines. The REGREEN Guidelines provide resources and tools to make home remodeling projects more environmentally friendly and energy efficient. The guidelines are organized into the 10 most common remodeling projects. “Consumers overwhelmingly want greener homes,… Read More

NAR Economist Among Top Forecasters

THE NATIONAL ASSOCIATION OF REALTORS’® Chief Economist Lawrence Yun has been named among the top 10 economic forecasters by USA Today. Yun is ranked fifth on the list and is responsible for NAR’s real estate statistics and economic forecasting. The annual list recognizes accuracy in forecasting. “NAR is proud of USA Today’s recognition of Lawrence… Read More

Fed Slashes Rates

Daily Real Estate News  |  March 17, 2008 In an effort to boost market liquidity, the Federal Reserve lowered the discount rate to 3.25 percent from 3.5 percent and launched a new lending program through which money will be moved from securities dealers to the securitization markets. The effort — the latest attempt to stabilize… Read More

Tap Today’s Housing Opportunity

Daily Real Estate News  |  March 13, 2008 Falling home prices spell opportunity for buyers, even if they already own a home and don’t want to be a landlord. Here are three smart ways to invest in today’s housing market. Trade up. Now’s the time to buy a larger home in a better neighborhood at… Read More

Latest Housing Forecast from National Association of REALTORS

Flat Existing-Home Sales Likely Before Gradual Recovery WASHINGTON, March 06, 2008 – The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®. … Read More

Foreclosures Dip But Remain High

Daily Real Estate News  |  March 13, 2008 Foreclosures in February were down 4 percent from January, but the rate of foreclosures remain high year-over-year. The February rate was up 57 percent from February 2007. “The year-over-year increase this February was significantly higher than the 19 percent year-over-year increase in February 2007, indicating we have… Read More

Housing Market Ready to Rebound?

Daily Real Estate News  |   February 25, 2008 Is housing about to enjoy a spring thaw or will it remain in the deep freeze? Some observers are optimistic. “I think this is the best buyer’s market that has existed in a decade, maybe longer,” says Russell Shaw, in his 30th year with John Hall &… Read More

Don’t Fear Falling Prices

Daily Real Estate News  |   February 22, 2008    Source: Reuters News, Lynn Adler (02/21/08) Yale Professor Robert Shiller, whose Case-Shiller 20-city home price index has become an industry standard, says people shouldn’t fear gradually falling home prices. “There’s nothing troubling about a gradual correction of home prices. If we keep our incomes at the current… Read More

Not All Markets Are Equal

by Lawrence Yun, NAR Chief Economist Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission Though the national headlines have been pounding out the news of a housing market meltdown, implosion, and collapse, all markets are not equal. In NAR’s latest metro price survey, roughly half of the country experienced a price increase. Upstate… Read More

Home Prices up in Half of Markets

Roughly half of metropolitan areas continued to show rising home prices in the fourth quarter of 2007, according to the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS®. In the fourth quarter, 73 out of 150 metropolitan statistical areas show increases in median existing single-family home prices from a year earlier, including 11 areas… Read More

The truth about whether a home is a good investment.

From Blanche Evans Realty Times 2008. It’s high time we told buyers (and sellers, for that matter) the truth about whether a home is a good investment. Despite what Wall Street wants you to believe, owning a home isn’t the same kind of investment as stocks or bonds. What you get is a USE asset… Read More

Housing Stocks Become Hot Item

Investors who bought housing stocks at the beginning of the year after two and a half years of steep declines are being rewarded for their prescience. As the Federal Reserve started cutting interest rates, the stocks of home builders Toll Brothers, Lennar, and Hovnanian rose 40 percent, 52 percent, and 96 percent respectively. Some analysts… Read More

States, Insurers at Odds Over Rising Rates

Florida’s persistent battle with insurers over rates and coverage is spreading to other states and could have an affect on insurance customers nationwide. New York, which prevented insurers from forcing residents to buy car and homeowners insurance from the same company in order to avoid cancellation, now wants to order insurers to set aside their… Read More

House Committee Passes Mortgage Reform Bill

The U.S. House Financial Services Committee approved legislation on Tuesday creating new consumer protection standards in the mortgage industry. The bill drafted by Rep. Barney Frank (D-Mass.) would: Ban lenders from making loans that borrowers don’t have the ability to repay. Prohibit lenders from steering home owners into refinanced mortgages that don’t provide any benefit…. Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,911* Expired listings, price adjustments, and removed listings…..3,985* Closed sales, under contract firm and contingent…..1,821* Current properties for sale…..30,159* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Market Perspective

This is a well written article explaining why the news is bad and the market is good.  Interestingly the market continues at a pace only slightly off it’s best ever while some analysts would have us believe market conditions are extremely bad.  Economy in Focus BY ROBERT FREEDMAN Beneath Market Punditry, Underlying Strength With some 5 percent of subprime mortgage borrowers facing… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,455* Expired listings, price adjustments, and removed listings…..3,331* Closed sales, under contract firm and contingent…..1,497* Current properties for sale…..30,764* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,687* Expired listings, price adjustments, and removed listings…..3,849* Closed sales, under contract firm and contingent…..1,492* Current properties for sale…..30,932* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Market Conditions in Perspective

This is an excellent prospective on real estate and investment. The Long View by Lawrence Yun, Vice President, NAR Research   “How much have real estate investors lost due to the housing market bust?” That was the (highly loaded) question posed to me recently by a producer of one of the major evening news programs…. Read More

NAR: Mortgage Conditions Bode Well for Housing

Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®. Lawrence Yun, NAR vice president of research, notes that widening credit availability will help turn around home sales. “Conforming loans are abundantly available at… Read More

Mortgage Applications Rise Despite Higher Rates

Mortgage applications rose last week after falling for three weeks, according to the Mortgage Bankers Association weekly survey. The Market Composite Index, a measure of mortgage loan application volume, was 652.0, an increase of 2.4 percent on a seasonally adjusted basis from 636.7 the previous week. On an unadjusted basis, the index increased 2.4 percent… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,904*   Expired listings, price adjustments, and removed listings…..2,813* Closed sales, under contract firm and contingent…..1,371* Current properties for sale…..30,827* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

MoDOT closes lanes on westbound I-44 over Meramec River tonight

 ST. LOUIS – The Missouri Department of Transportation, and its contractor, Truesdell Corporation of Wisconsin, Inc., will close lanes on westbound I-44 over the Meramec River near Eureka, Tuesday, Sept. 25 and Wednesday, Sept. 26. Crews will be rehabilitating the bridge deck. Crews will close one lane nightly at 7 p.m. and the second lane… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,979*   Expired listings, price adjustments, and removed listings…..3,167* Closed sales, under contract firm and contingent…..1,496* Current properties for sale…..30,923* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 day

Selling your home in today’s market.

Competing with the neighbor and the neighbor’s neighbor while selling your home isn’t difficult you are prepared.  Selling your home in a highly completive market takes preparation and research.  Know the competition, research the recently sold homes as well as the homes for sale in your price range.  The important factor when marketing your home… Read More

What does all of the financial, rate cut and loan news really mean?

Purchasing Power!  Excellent inventory choices, short term rate cuts, historically low mortgage rates and proposed revisions in mortgage programs set the stage for first-time homebuyers and move-up homebuyers. Considering the many factors that influence the real estate market you may want to consider your current purchasing power.  The real estate market has either stabilized or… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,853* Expired listings, price adjustments, and removed listings…..3,210* Closed sales, under contract firm and contingent…..1,481* Current properties for sale…..30,553* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.  

“What Did it Sell For?” West County, St. Louis

“What Did it Sell For?” South County, St. Louis

What Did it Sell For in Lindbergh, Mehlville, Oakville, Affton?  LINDBERGH 1-2 BEDROOMS 96xx Green Park Rd……………………………………..$81,000 2xx Monica……………………………………………………$83,900 1xx Deane……………………………………………………$84,000 1xx Deane Ct………………………………………………..$84,900 2xx Floralea………………………………………………….$85,000 2xx Floralea………………………………………………….$85,000 8xx Ligget Ave………………………………………………$100,000 100xx Baptist Church Rd………………………………$140,000 9xx Elmont Ln……………………………………………….$146,000 9xx Ligget Ave………………………………………………$160,000 87xx Pardee Ln……………………………………………..$165,000 7x Flamingo Dr…………………………………………….$175,000 99xx Knollshire Dr…………………………………………$175,000 107xx Charrette Dr………………………………………..$181,500    3  BEDROOMS 101xx… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,515 * Expired listings, price adjustments, and removed listings…..3,494 * Closed sales, under contract firm and contingent…..1,690* Current properties for sale…..30,306* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,743 * Expired listings, price adjustments, and removed listings…..2,921 * Closed sales, under contract firm and contingent…..1,702* Current properties for sale…..30,949* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,834 * Expired listings, price adjustments, and removed listings…..2,933 * Closed sales, under contract firm and contingent…..1,889* Current properties for sale…..30,878* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

22 Safety Items No Home Should Be Without

  22 Safety Items No Home Should Be Without  by Carla Merolla and Laura Coyne      Your home is your castle, but that doesn’t mean you can pull the drawbridge and all will be safe. Plenty of dangers have already invaded your home. According to the National Safety Council, there were 29,500 deaths associated with the… Read More

Whole Foods Chocolate Bar Recall

Whole Foods Market is recalling 365 Organic Everyday Value Swiss Dark Chocolate Bars.  Whole Foods Market® is recalling 365 Organic Everyday Value™ Swiss Dark Chocolate Bars because they may contain undeclared almonds.  These products were distributed to and sold at Whole Foods Market stores in the following states: Alabama, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky,… Read More

Recall on Crib Bumpers

Pottery Barn Kids Recalls Crib Bumpers   Name of Product: Matelassé Crib Bumpers  Units: About 31,000  Manufacturer: Pottery Barn Kids, of San Francisco, Calif.  Hazard: The decorative stitching on the bumper’s edge can come loose, posing an entanglement hazard to young children.  Description: This recall involves the Diamond Matelassé, Floral Matelassé and Polka Dot Matelassé crib… Read More

Window Blinds Recall

Window Blinds Sold Exclusively at Lowe’s Stores   Name of Product: Basic Blindz® Window Blinds  Units: About 140,000  Importer: Springs Window Fashions LLC, of Middleton, Wis.  Hazard: The window blinds have a pull cord that is looped, posing a strangulation hazard to young children.  Description: This recall involves two inch Natural Faux Wood Plantation Blinds sold… Read More

Club Car Inc.

Club Car Inc. Golf Cars and Other Vehicles  Name of Product: Golf Cars; Rough Terrain Vehicles; and Hospitality, Utility & Transport Vehicles  Units: About 1,900  Manufacturer: Club Car Inc., of Augusta, Ga.  Hazard: The steering gear assembly can fail, resulting in an unexpected loss of steering control, posing a risk of injury to the driver… Read More

Canned Beans Warning

FDA Warns of Potential Botulism Risk from Canned French Cut Green Beans Product Marketed Under a Variety of Brand Names The U.S. Food and Drug Administration (FDA) is warning consumers not to eat certain brands of French Cut Green Beans in 14.5 ounce cans manufactured by Lakeside Foods Inc, of Manitowoc, Wisconsin because the product may… Read More

Bacterial Illness Outbreak

Consumers Warned to Avoid Eating Raw Oysters from Southern Tip of Hood Canal in Washington State Warning Follows Bacterial Illness OutbreakThe U.S. Food and Drug Administration is warning consumers not to eat raw oysters harvested from an area of the southern tip of Hood Canal in Washington after an outbreak of illness caused by Vibrio… Read More

Toshiba Recall on Notebook Computer Batteries

Toshiba Recalls Notebook Computer Batteries Due to Fire Hazard WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firms named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed.  Name of Product: Rechargeable lithium-ion batteries containing Sony cells used in… Read More

TOP 5 HIDDEN HOME HAZARDS

CPSC Releases the “Top Five Hidden Home Hazards”   Safety Agency Places Popular Magnetic Toys on the List of Deadly Dangers WASHINGTON, D.C. – Whether it is an apartment, duplex or single-family residence, the home is a place that is supposed to give families a feeling of safety and security. For many Americans families however,… Read More

Fisher-Price Recall

Fisher-Price Recalls Licensed Character Toys Due To Lead Poisoning Hazard WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firms named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed.  Name of Product: Sesame Street, Dora the Explorer, and other… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,891 * Expired listings, price adjustments, and removed listings…..2,948 * Closed sales, under contract firm and contingent…..17.31* Current properties for sale…..30,792* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Subprime Lending

Abusive and predatory lending practices are a serious problem for our nation’s communities. Because of abuses in the subprime market, families are losing their homes and savings, foreclosure rates are higher, and some neighborhoods face increased vacancy rates. Empty neighborhoods, or those where the majority of houses are for sale, can be perceived as blighted…. Read More

Metropolitan St. Louis Sewer District- MSD Letter

Throughout MSD’s service area, there are hundreds of points where a combination of rainwater and wastewater discharges into local waterways from the sewer system during moderate to heavy rainstorms.  These sewer overflow points act as relief valves when too much rainwater enters the sewer system, and without them, our community could experience thousands of basement… Read More

“What Did it Sell For?” West County, St. Louis

EUREKA   3 BEDROOMS 3xx Heyden Dr…………………………….$120,000 3x Muir St…………………………………..$176,000 3xx Hagemeister Dr……………………$183,500 6xx Wallach Dr……………………………$219,000 7xx Emerald Oaks Ct…………………..$246,000 31xx S Highway FF……………………..$250,000 5xx Bluffs View Ct………………………$275,000   4-5 BEDROOMS 4xx Waterside Dr………………………$219,750 5xx Wallach Dr………………………….$223,000 161xx Port of Nantucket Dr………$246,000 7xx Vista Hills Ct………………………..$284,000 8xx Emerald Oaks Ct………………….$300,000 163xx Centerpointe Dr………………$303,000 4xx Beacon… Read More

“What Did it Sell For?” Fenton, St. Louis

Rockwood Summit 0-2 BEDROOMS 5xx Yarnell Rd…………………………………$37,500 3 BEDROOMS 12xx Piedras Pkwy…………………………$128,000 14xx Noche Ln……………………………….$151,900 7xx Clairfield Dr…………………………….$157,000 7xx Vanderville Dr…………………………$159,900 22xx Gladiator………………………………$160,500 16xx Valley Park Rd………………………$163,600 8xx Westrun Dr…………………………….$169,000 5xx Green Forest Dr……………………..$174,900 19xx San Miguel Ct……………………….$178,000 14xx Remington Oaks…………………..$209,000 4-5 BEDROOMS 13xx Cypress Trail Ln……………………$173,000 12xx Summit Meadows Dr…………..$227,000 7xx Wickerleigh Terrace Ct…………..$228,000… Read More

“What Did it Sell For?” Maplewood, St. Louis

MAPLEWOOD   1-2 BEDROOMS 74xx Picadilly Ave………………………$139,900 75xx Saint Elmo Ave…………………..$156,900 15xx Yale Ave……………………………..$157,000 75xx Dale Ave……………………………..$158,400 17xx Yale Ave………………………………$170,000 76xx Lovella Ave………………………….$171,000 75xx W Bruno Ave………………………$184,650   3 BEDROOMS 14xx Collins Ave………………………….$165,000 21xx Mccausland Ave………………….$185,000 74xx Arlington…………………………….$216,250 75xx Hiawatha Ave……………………..$233,000 34xx Cambridge Lot 3………………….$280,750 34xx Cambridge Lot 7………………….$289,000 11xx Ralph Terr……………………………$340,500   4-5 BEDROOMS… Read More

“What Did it Sell For?” Brentwood, St. Louis

BRENTWOOD   1-2 BEDROOMS 27xx Bremerton Rd……………………$129,900 89xx Bridgeport Ave………………….$159,000 86xx Litzsinger Rd……………………..$178,000 87xx White Ave…………………………$190,000 23xx Hilton Ave…………………………$219,000 25xx High School Dr………………….$255,000   3 BEDROOMS 86xx Eulalie Ave………………………..$250,845 87xx Litzsinger Dr………………………$276,500 20xx Saint Clair Ave……………………$319,000   4-5 BEDROOMS 91xx Lawn Ave…………………………..$806,050   CONDO/VILLA 14xx Thrush Plc………………………….$125,500

“What Did it Sell For?” Kirkwood, St. Louis

KIRKWOOD 1-2 BEDROOMS 3xx Lee Ave……………………….$100,000 11xx Simmons Ave…………….$100,000 14xx Marshall Rd……………….$149,900 11xx Vinetta Dr………………….$164,500 9xx Poinsetta Ln…………………$170,000 4xx Longfellow Ave…………….$179,000 10xx N Geyer……………………..$179,900 10xx Glenbrook Ave…………..$180,000 6xx Brownell Ave……………….$191,000 8xx Glendower Dr………………$196,500 5xx Pamela Ln…………………….$197,000 11xx Kirkham Ave……………….$197,000 4xx Alice Ave……………………….$218,000 9xx Chelsea Ave…………………..$271,500 X Nolan Dr…………………………..$295,000 3 BEDROOMS 9xx N Geyer Rd…………………….$177,000 5xx… Read More

“What Did it Sell For?” Webster Groves, St. Louis

WEBSTER GROVES   1-2 BEDROOMS 74xx Murdoch Ave………………….$147,900 76xx Arlington Ave………………….$152,000 78xx Weil Ave…………………………$159,000 7xx Lilac Ave…………………………..$163,000 15xx Blue Bell Ln…………………….$175,000 15xx Salem Hills Dr…………………$184,500 1xx W Rose Ave……………………..$189,000 14xx Cheshire Ln…………………….$190,500 3xx Dawson Ct………………………..$193,000 75xx Arlington Ave………………….$195,000 25xx Rockford Ave………………….$195,000 6xx Atalanta Ave…………………….$205,500 14xx Culverhill Dr…………………..$207,000 9xx Regent Plc………………………..$217,000   3 BEDROOMS 2xx Euclid… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,158* Expired listings, price adjustments, and removed listings…..3.857 * Closed sales, under contract firm and contingent…..2,212* Current properties for sale…..30,590* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

“What Did it Sell For?” Affton, South County, St. Louis

AFFTON 1-2 BEDROOMS 80xx Genesta St……………$78,000 80xx Genesta St……………$91,900 93xx Mackenzie Rd………..$107,900 61xx Weber Rd……………..$109,000 78xx General Sheridan Ln…$120,000 71xx Fernbrook Dr………….$122,500 78xx Menola St………………$132,900 85xx Mackenzie Rd…………$133,000 83xx Maylor Dr………………$145,000 72xx Mackenzie Rd…………$148,500 50xx Glennon Dr…………….$154,600 51xx Lenox Ave……………..$159,900 78xx Kenridge Ln……………$165,000 51xx Shrewsbury Ave………$187,500 51xx Deville Ave…………….$193,000 69xx Courtney Lee Ct………$213,500   3… Read More

“What Did it Sell For?” Mehlville, South County, St. Louis

MEHLVILLE 1-2 BEDROOMS 4xx Kingston Dr………..$75,000 24xx Telegraph Rd…….$79,500 1xx Lemay Gardens Dr..$117,900 35xx Summit Ave………$120,500 1xx Willette Terr………..$128,000 8xx Catskill Dr………….$133,000 37xx Park Crest Dr…….$138,000 8xx Wycliffe Ct……….$138,500 2xx Toulon Dr…………$140,000 11xx Rainbow Dr……..$151,300   3 BEDROOMS 42xx Ringer Rd……….$124,000 42xx Cherbourg Dr……$134,000 6xx Claypool Dr………..$144,242 44xx Brooktop Ln……..$145,000 43xx Martyridge Ct……$146,000 47xx Heberlie… Read More

“What Did it Sell For?” Oakville, South County, St. Louis

OAKVILLE 1-2 BEDROOMS 6xx Susan Rd…………$250,000   3 BEDROOMS 27xx Sand Springs Dr..$158,000 53xx Mild Dr…………..$163,000 35xx Chaplou Dr…….. $170,000 23xx Hempline Ct…….$174,700 27xx Chalet Forest Dr..$177,000 22xx England town Rd.$180,500 23xx Pierwood Dr…….$184,500 54xx Langsworth Dr….$185,000 57xx Hempline………..$186,000 56xx Gumtree…………$187,000 57xx Flaming Leaf Ct…$191,000 28xx Queen Bee Ln…..$200,000 57xx Wickershire Ln….$206,000 54xx Langsworth Dr….$226,500… Read More

“What Did it Sell For?” In Lindbergh, South County, St. Louis

LINDBERGH 2 BEDROOMS 95xx Big Bend Blvd…..$86,000 108xx Galena Ct……..$144,000 10xx Elvado Dr……… $148,000 12xx Tahiti Dr……….. $150,000 106xx Charrette Dr…. $167,000   3 BEDROOMS 109xx Tesson Ferry…  $102,500 10xx Westglen Dr……  $115,000 6xx Clover Ln……….. $118,000 99xx Chantenay Dr…  $136,500 86xx Pardee Ln……..  $138,000 1xx Chatwood……….  $139,000 8xx Hawkins…………  $150,000 109xx Acton Dr……… $151,500… Read More

2007 Saint Louis Art Fair

Friday, September 7 – 5 pm to 10 pm Saturday, September 8 – 10 am to 10 pm Sunday, September 9 – 11 am to 4 pm Located in Clayton’s Central Business District  http://www.saintlouisartfair.com/

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1.898* Expired listings, price adjustments, and removed listings…..2,955 * Closed sales, under contract firm and contingent…..2,052* Current properties for sale…..30,864* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,245* Expired listings, price adjustments, and removed listings…..3,096 * Closed sales, under contract firm and contingent…..2,004* Current properties for sale…..20,521* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.  

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,417* Expired listings, price adjustments, and removed listings…..3,033 * Closed sales, under contract firm and contingent…..2,191* Current properties for sale…..29,769* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

MoDOT to move traffic to new pavement on Olive Boulevard, I-170

ST. LOUIS – The Missouri Department of Transportation, and its contractor, Millstone Bangert, Inc., will move traffic to the new pavement on the north side of Route 340 ( Olive Boulevard ) between 1:30 p.m. and 3 p.m. Friday, June 8, 2007. Additionally, crews will open the ramp from southbound I-170 to Olive Boulevard and… Read More

Certification of Trust

A statute has gone into effect regarding a Certification of Trust. The statute is 456.10-1013. 1. Instead of furnishing a copy of the trust instrument to a person other than a beneficiary, the trustee may furnish to the person a certification of trust containing the following information: • That the trust exists and the date… Read More

MoDOT to close Telegraph Road, I-255 this weekend

ST. LOUIS – The Missouri Department of Transportation, and its contractor, St. Louis Bridge, Inc., will close I-255 under the Telegraph Road overpass and will close Telegraph Road (Route 231) from Barracksview Road to Kinswood Lane from 10 p.m. Friday, June 8 to 5 a.m. Monday June 11 to remove part of the existing bridge…. Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,082* Expired listings, price adjustments, and removed listings…..3,378 * Closed sales, under contract firm and contingent…..2,365* Current properties for sale…..29,291* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.  

MoDOT to close I-270 at Dougherty Ferry this weekend

    ST. LOUIS – The Missouri Department of Transportation, and its contractor, Kozeny-Wagner, Inc., will close I-270 at Dougherty Ferry from Friday, June 1, 2007 to Monday, June 4, 2007 to tear down the Dougherty Ferry Bridge. Crews will begin restricting lanes on I-270 at 8 p.m. Friday; all lanes will be closed by 10… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..1,660* Expired listings, price adjustments, and removed listings…..2,210 * Closed sales, under contract firm and contingent…..1.956* Current properties for sale…..29,468* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,149* Expired listings, price adjustments, and removed listings…..2,819 * Closed sales, under contract firm and contingent…..2,205* Current properties for sale…..29,207* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,119* Expired listings, price adjustments, and removed listings…..2,684 * Closed sales, under contract firm and contingent…..2,007* Current properties for sale…..28,779* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Purchase of a Villa

When purchasing a Villa it is important to understand how villas differ from other real estate transactions. • The purchaser of a villa acquires the ground directly underneath their portion of the building and their portion of the building subject to a shared wall with a neighbor (sometimes referred to as a “party wall”). • The excess… Read More

MoDOT to launch 511 travel service in St. Louis on 5/11

    ST. LOUIS – The Missouri Department of Transportation will unveil the latest addition to its travel information package Friday, May 11, 2007, when it launches its 511 travel information telephone number for St. Louis at the Transportation Management Center in Town and Country. 511 is the nationally -recognized travel information telephone number, similar to… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,358* Expired listings, price adjustments, and removed listings…..3,820 * Closed sales, under contract firm and contingent…..2,538* Current properties for sale…..28,387* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Purchase of a Townhome

For those of you who purchase Townhomes.  It is important to understand how townhomes differ from other real estate transactions. • The purchaser of a townhome acquires a lot and that part of the townhome building located on that lot, subject to the interests of the adjoining lot owner in a shared party wall. • The shared… Read More

All Real Estate is Local by David Lereah

Scrutinize national housing trends all you want, but influences in your local market are really what determine whether home values rise or fall, NAR Chief Economist David Lereah says in his latest book (Currency/Doubleday, 2007). He delves into an array of factors that can impact local markets — from success of sports teams to what… Read More

New Home Construction Purchase

If you are purchasing a property that is newly constructed.  You need to keep the following things in mind on those transactions: • Mechanic’s Lien issues are the #1 title insurance claim in the state of Missouri- be sure you are receiving mechanic’s lien coverage on their owner’s policy of title insurance. • If the builder is… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,126* Expired listings, price adjustments, and removed listings…..2,541 * Closed sales, under contract firm and contingent…..2,389* Current properties for sale…..28,623* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days. *Search the MLS

Lane Restrictions On I-64 for the week of April 30 – May 4

Daytime lane closures are scheduled for next week as soil testing continues on I-64 and some of its cross streets. Each day’s activities are described below: Monday, April 30, 8:30 a.m. to 3:00 p.m. I-64 will have one lane closed in each direction at Tamm Avenue. I-64 will have one lane closed in each direction… Read More

Dial *55 for Mororist Assist in the St. Louis Area

HOW WILL WE ASSIST YOU IF YOU ARE STALLED OR INVOLVED IN A CRASH? Motorist Assist operator can help change tires, provide fuel and perform other minor, short term repairs. If Motorist Assist cannot get an individual motorist moving again, they will provide a phone to call for additional help. They also help provide a… Read More

It Sold for $371,000 in 73 Days

$371,000 7473 Stratford Ave St Louis, MO 63130-4043 Listing #: 703364   Cross St: Tran: S Bright, cheerful, sophisticated, and just oozing charm, this Alta Dena treasure will capture your heart! The flexible floor plan will delight a broad spectrum of buyers, since the master bedroom could be on either the first or second floor…. Read More

Lane Restrictions On I-64 for the week of April 23

Daytime lane closures are scheduled for next week as soil testing continues on I-64 and some of its cross streets. Each day’s activities are described below: Monday, April 23 from 9:30 a.m. to 3:00 p.m. Eastbound Eager Road will have one lane closed between Brentwood Boulevard and I-170 until 1:30 p.m. Eastbound I-64 will have… Read More

Deeds of Conveyance

1. General Warranty Deed:  a) Most favored by Purchasers.  b) Grantor covenants the following:   1)  Grantor has an indefeasible estate in fee simple;   2)  Grantor has the right to convey;   3)  The premises are free and clear of any encumbrance, with the        exception of those currently of record or specified in the deed; and   4)  Grantor will… Read More

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,142* Expired listings, price adjustments, and removed listings…..2,604 * Closed sales, under contract firm and contingent…..2,143* Current properties for sale…..28,461* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.

Weekly Residential Activity Report for St. Louis Metro Real Estate

Newly listed properties and properties back on the market…..2,397* Expired listings, price adjustments, and removed listings…..3,421 * Closed sales, under contract firm and contingent…..2,372* Current properties for sale…..27,064* *Numbers obtained through the Mid America Regional Information Systems MLS and represent activity for the past 7 days.