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Friday, October 06, 2017   /   by Michael Nettemeyer

Thinking of Selling your Home in St Louis? Competition is Coming!

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year.
How will this impact buyers?
More inventory means more options. Danielle Hale, Realtor.com’s Chief Economist, explained this is good news for the housing market - especially for those looking to buy:
"It's not spectacular construction growth, but it's slow and steady in the right direction. Eventually, the pickup in single-family home construction will mean [buyers] will have more options. Especially with the limited number of sales right now, more options are really needed."
How will this impact sellers?
More inventory means more competition. Today, because of the tremendous lack of inventory, a seller can expect:
1.     &n ...

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Friday, October 06, 2017   /   by Michael Nettemeyer

How To Get The Most Money From The Sale Of Your Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible.
1. Price it a LITTLE LOW 
This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.
Realtor.com gives this advice:

“Aim to price your property at or just slightly b ...

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Friday, October 06, 2017   /   by Michael Nettemeyer

Most Expensive Home in St Louis | October 2017 Edition

What's HOT in St Louis this October!


5505 Lindell Blvd, Saint Louis, MO 63112

Impressive Central West End mansion designed by Mariner & LaBeaume in 1909.

This prominent home sits across from our beloved Forest Park & is in walking distance to restaurants, a movie theater, grocery stores, shopping & MetroLink.

This home embodies the character & architecture of the CWE, while offering comfortable living for today's families.

As you enter through the outer vestibule with elliptical fanlights, you will notice the exquiste, marble-floored reception hall.

High ceilings with ...

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Wednesday, September 27, 2017   /   by Michael Nettemeyer

5 Reasons To Sell in St Louis This Fall

Here are five reasons listing your home for sale this fall makes sense.
1. Demand Is Strong
The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Housing inventory is still under the 6-month supply that is needed for a normal housing market.
This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.
Historically, the average number of ye ...

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