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Displaying blog entries 1-10 of 55

Four Realestate Facts for Home Buyers and Sellers

by Mike Simms reports statistice from Home price Expe

Home Price Expectation Survey, Pulsenomics and KCM have reported that over

 

The Next Five Years:

  • Home values will appreciate by 4.3% in 2015.
  • The cumulative appreciation will be 19.4% by 2019.
  • That means the average annual appreciation will be 3.6% over the next 5 years.
  • Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 11.8% by 2019.

​​Good news for those who are buying and selling homes.  

 

 

RisMedia Reports On Home Prices Increasing In March

by Mike Simms Profides Data Posted by RisMedia

 

   
 
 
 
 
Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of REALTORS®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year...
Read More >

 

Want to know the value of your home?  GreaterSTLMarketValues.com Register today for information.

 

Realestate Growth to 2017

by Mike Simms posts RisMedia Info on Realestate Growt
Solid Real Estate Growth Predicted through 2017 
 
The real estate industry is expected to remain on a sustainable course of solid growth for 2015 through 2017, according to a new three-year forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. The outlook – the latest installment of the semi-annual ULI Real Estate Consensus...
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Home or Mortgage Officer First? - Five Questions for The First Time Home Buyer

by Mike Simms Reports RIS Media Article for First Tim
 
 
 
 
(TNS)—Usually, a first-time homebuyer picks out a house before lining up financing, but experts say it should be the opposite. Dan Huss, a mortgage consultant with BNC National Bank in Scottsdale, Ariz., says buyers often call a REALTOR® first and then the Realtor® refers them to a mortgage person. “The first call really should be to a loan officer,” Huss says. But before you make that first call, sit down and do some hard... 
READ MORE >

NAR Reports Mortgage Rates Shrink for First Time in Four Weeks

by Mike Simms Reports NAR Article on Mortgage Rates

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower for the first time in four weeks and remaining near late May, 2013 lows.... READ MORE >

 

 

Tiny Homes Topic of The Day

by Mike Simms

Saint Louis Area news reported that Tiny homes have become the trend for first time home buyers and people who are retiring/downsizing. These homes sport attractive kitchens and baths and utilize every inch of space possible.  Are these a good investment?  Let us know what you think.

 

 

St Charles County Realestate Board Reports Local Housing Off to a Strong Start

by Mike Simms Reporting St. Charles County Realestate

The St. Charles County real estate market is off to a strong start in 2015!  January saw an over 19 percent increase in pending sales, contracts accepted, over January of one year ago.  Plus January sales volume was up over 9 percent.
There is also good news for home owners the median home price in January was $176,210, an increase of almost $10,000 over last January.
 Click on the Housing Stats Icon at 
www.StCharlesREALTORS.com for more information.

Are You Considering Selling a home?  For home values in your area:

http://www.greaterstlmarketvalues.com

RISMedia Reports On Home Prices Increasing at Twice the Rate of Inflation in 2014

by Mike Simms Provides RISMedia Report on Increasing

 

S&P Dow Jones Indices recently released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released today for December 2014 shows a slight uptick in home prices across the country. Nine cities reported monthly increases in prices. Both the 10-City and 20-City Composites saw year-over-year... READ MORE >

National Association of Realtors Discusses Home Prices and Affordability are on The Rise

by Mike Simms Repost of NAR Article

Both Home Prices and Affordability on the Rise

The spring market will likely be a hotter one this year, as low interest rates and a healthier economy lure more home buyers to the marketplace. 

NAR's latest housing report: Tight Supplies Put Home Prices on the Move

“Interest rates below 4 percent, rising rents, and healthier local job markets are convincing more consumers to consider home ownership,” Chris Polychron, National Association of REALTORS® president, said in a recent news release showing fourth-quarter 2014 home prices moving up. To Read more click here

Register your home search at www.ExploreSaintLouisHomes.com.  To know what type of home loan you qualify for contact Chris Lee Vice President and Loan Officer, NMLS ID454660 at Pulaski Bank 314-341-9085 or CLee@Pulaskibankstl.com.

What is the process for selling your home?  Most folks start looking for a home before they review what their home may sell for.  To avoid costly mistakes and to get the most from your current home you may want to consider these steps:

1.   Consult your mortgage person to review your financial goals and determine if you have to sell your home first.  You will learn what price range you should be searching in when looking for a home.

2. Still Wanting to sell?  Go to GreaterSTLMarketValues.com  for a preliminary review of what your home may sell for.  Register for automatic updates to compare your home to those on the market.

3. Contact your favorite real-estate agent to review your home and conduct a more thorough market analysis.  Ask the agent to review what types of repairs may need to be made for your home to be marketable.  Do you need staging?

4.  Develop a plan and timeline with your agent to take professional pictures and put your home on the market.  Start de-personalizing your home.

5. House on the market?  Sit back and relax and let your agent do the work.  Start researching your dream home at ExploreSaintLouisHomes.com.

Following these steps will put you in a good place for selling your home and purchasing your next home.  Don't have a mortgage person call Chris Lee from Pulaski Bank at 314-341-9085.  You can learn more about Chris on ExploreSaintLouisHomes.com about section.  Is it the right time for you to sell your home?  Complete our Question form on our website and we'll get started.

 

Displaying blog entries 1-10 of 55

Contact Information

The Simms Team - Mike Simms
Berkshire Hathaway Home Services Select Properties
6149 Midrivers Mall Drive
St. Charles MO 63304
314-749-0921
Fax: 1-866-723-0639
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