Things Buyers Can Do in Today’s Housing Market It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an […more]
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is […more]
In St. Louis there is a fifth season. It’s called Festival Season and it is upon us. There are so many events happening in the next several weeks, you have zero excuses to not get out and enjoy the community. Our team members will be out and about, so look for us. Have Fun St. […more]
If you have been thinking about home improvements that will boost the energy efficiency of your home, you may save some money on your projects now that the Inflation Reduction Act (IRA) has been signed into law. It’s rare to see federal bills specifically target home renovations like these, so they are worth taking advantage […more]
It’s “Color of the Year” time. Paint manufacturers and designers are introducing predictions for 2023. After the use of all-white or all-neutral home palettes for much of the early 2000s, there is a continuing shift towards more colorful and varied rooms. Moodier blues, greens, and charcoal are becoming new neutrals. With the environment on everyone’s […more]
The Webster School in ONSL has recently been transformed into impressive senior apartments by Lewis McKinney, a neighbor during childhood and now a successful developer. At the open house, Mr. McKinney talked about the history of the building and neighborhood, and he reminded me of the diversity of the past and present communities within the […more]
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete […more]
Multigenerational living has grown sharply in the U.S. over the past five decades and the trend is not slowing. With the rising cost of housing and childcare, and with many young adults coping with rising student debt, multigenerational living it is an options that makes sense for many families. The U.S. Census Bureau defines a […more]
A new tool from USAFacts.org shows you what people your age are spending on living expenses. It also shows how much inflation is bumping up the costs. People in different age groups spend money differently, so inflation rates vary by age, too. The interactive chart (demonstrated below) shows average spending for households at each age, […more]
New Flood Risk Tool for Home Owner and Homebuyer Research Risk Factor (also known as “Flood Factor”) connects individuals to comprehensive flood risk information specific to each individual property, including the FEMA flood zone and a risk score between 1 (minimal risk) and 10 (extreme risk). Key Points About Flood Factor According to the National […more]