Real Estate Information Archive


Displaying blog entries 1-5 of 5

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.



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 >

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  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

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 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.


RisMedia Reports On Mortgage Rates Moving Higher On Strong Jobs Report

by Mike Simms Provides RisMedia Report on Mortgage Ra

Average fixed mortgage rates are moving higher amid a strong employment report, according to the results of Freddie Mac’s recently released Primary Mortgage Market Survey®(PMMS®). Regardless, fixed-rate mortgage rates still remain near their May 23, 2013 lows. "Mortgage rates rose last week following strong economic data,” says Len Kiefer, deputy chief economist, Freddie Mac. ...Read More >

Displaying blog entries 1-5 of 5

Contact Information

Photo of The Simms Team - Mike Simms Real Estate
The Simms Team - Mike Simms
Berkshire Hathaway Home Services Select Properties
6149 Midrivers Mall Drive
St. Charles MO 63304
O: 636-720-1100
C: 314-749-0921
Fax: 1-866-723-0639
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