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Displaying blog entries 1-7 of 7

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.  

 

 

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...
Read More >

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 >

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 >

In the days where 100% financing is virtually gone few know about USDA Mortgages, their qualifiction guidelines and where they are applicable.  Set up to provide loans for residences for individuals with low income in rural areas this program can be helpful to your purchase plan when looking for the funds for down payment on a home are scarce.  Some residential areas in St. Charles qualify as a USDA area.  If you are curious if you would qualify for a USDA Loan contact our Certified Mortgage Planner at Preferred Home Lending Chris Simms at 314-229-4242.  You can apply on-line at

http://csimms-ph-lendinglo.mortgagewebcenter.com/Default.asp?bhcp=1

For more information on where USDA Loans may apply contact us by e-mail mikeandpat@Trails2OpenSpaces.com or call 314-749-0921.

In the days where 100% financing is virtually gone few know about USDA Mortgages, their qualifiction guidelines and where they are applicable.  Set up to provide loans for residences for individuals with low income in rural areas this program can be helpful to your purchase plan when looking for the funds for down payment on a home are scarce.  Some residential areas in St. Charles qualify as a USDA area.  If you are curious if you would qualify for a USDA Loan contact our Certified Mortgage Planner at Preferred Home Lending Chris Simms at 314-229-4242.  You can apply on-line at

http://csimms-ph-lendinglo.mortgagewebcenter.com/Default.asp?bhcp=1

For more information on where USDA Loans may apply contact us by e-mail mikeandpat@Trails2OpenSpaces.com or call 314-749-0921.

Displaying blog entries 1-7 of 7

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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