Home Prices in the City of St Louis Over the Last 12 MonthsPosted: June 17, 2013 at 8:57 AM by Norman Polsky Below is a summary of home prices in the City of St Louis over the past few months . . . For specific information about your specific area you can call one of our local offices for a market analysis of home values . . .Just like the stock market . . . the market value of a home changes on a daily basis . . .In other words . . . the value of a home is only worth what someone is willing to pay for it . . . Avg. Sale Price read more |
Restoration St. LouisAs Reported by St. Louis Business JournalPosted: June 16, 2013 at 9:14 PM by Michele CarleyGill got her start in real estate development in 1991 by purchasing a small apartment building on the courthouse steps for $50,001 — a dollar above the bank’s minimum bid on the property. Since then, Gill and her husband, Amrit, both principals of Restoration St. Louis, have renovated more than 100 residential units in U. City and several dozen buildings in the Skinker-DeBaliviere neighborhood.Gill formed Checkmate Design in 2001 to provide design and project management services for the couple’s developme read more |
Is Refinancing Down in St. Louis?As Reported by the St. Louis Business JournalPosted: June 13, 2013 at 7:23 PM by Michele Carley Doug Schukar at USA Mortgage saw our story Thursday about a 15 percent drop in refinancing nationally last week and said he’s seeing it, too, even though his overall business is up.In January, refinancing accounted for 73 percent of USA Mortgage’s volume, $103.5 million of the $141.9 million total. In May, refinancing fell to 49 percent, $78.4 million of the $159 million total.One cause is believed to be rising mortgage interest rates, which we noted rose for the fifth consecutive week, with the a read more |
How to Stage Your Home in St. LouisAs Reported in the St. Louis Post DispatchPosted: June 10, 2013 at 6:12 PM by Michele CarleyWhen it comes to selling your home, bring out the beige to pull in more green. Don’t whine when told that few potential buyers are likely to share your enthusiasm for, say, black ceilings, flocked maroon wallpaper and purple shag carpets. And ditch or at least hide your collection of vintage beer bottles, no matter how much you enjoy displaying them.Potential buyers try to picture their stuff in your house. Your stuff just gets in the way. Eliminate clutter and, if necessary, tone down bright col read more |
St. Louis Home Sales Look BrightPosted: June 09, 2013 at 8:43 PM by Michele Carley Economic activity expanded moderately in the Fed’s 8th District, which includes St. Louis, according to the latest report from the Federal Reserve Bank.In fact, the tone of the entire report is moderate. Manufacturing activity: “positive, on net.” Retail and auto sales “positive.” Residential and commercial real estate conditions: “improved.” Bank lending: “little changed.”The report is light on specifics, but here are a few. Home sales in April were up 13 percent in St. Louis year over year. That read more |
