Posts with tag 'Home-Buying Tips'
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Should You Buy or Sell Around St. Louis Before the End of the Year?
If you've been looking at St. Louis homes for sale, you may be wondering whether it makes sense to buy or sell before the end of the year. There isn't one answer that works for everyone, but a few local market factors can help you decide.
What the Market Looks Like Right Now
The St. Louis market has changed from the pace buyers and sellers saw a few years ago. There are more homes to choose from in some areas, and certain listings are taking longer to sell. A...
29
Understanding Appraisals and Value Gaps in a Changing Market
An appraisal can become an important part of the transaction when you're buying or selling in St. Louis. With inventory and buyer demand shifting throughout the area, there are times when the price a buyer agrees to pay differs from the value an appraiser ultimately determines.
Understanding Why Value Gaps Are Happening
Appraisers look to comparable sales data to help determine the value of a property. But when market conditions change quickly, the sales an appraiser considers may have taken place months earlier, creating a lag between what buyers are currently willing to pay and the
25
Negotiation Strategies That Matter Most in Late Summer Transactions
Most people think the St. Louis real estate market quiets down in late summer. That's only partly true. The pace usually eases after spring, but buyers and sellers are still making deals. Browse St. Louis homes for sale, and you'll still find motivated sellers and buyers ready to make a move, even if their priorities look a little different than they did a few months ago.
What the St. Lo...
23
How to Prepare for a Smooth Summer Closing in the STL
Summer is peak season for real estate in St. Louis, and a successful closing rarely happens by accident. Whether you're under contract on one of the many St. Louis homes for sale or getting ready to hand over your keys, the weeks between accepted offer and closing day are full of moving parts that reward preparation.
What Makes Summer Closings Different in St. Louis
The STL market often picks up speed in June and July. Buyers and sellers are working around vacations, sch...
26
Winning a Multiple-Offer Situation in the St. Louis Market
St. Louis inventory has stayed tight in many neighborhoods, and well-priced homes regularly attract several offers within days of hitting the market—sometimes within hours. If you're searching through St. Louis homes for sale, knowing how to compete is no longer optional.
What Makes a St. Louis Multiple-Offer Situation Different
Not every competitive market looks the same. In St. Louis, bidding wars tend to cluster in specific corridors, such as Webster Groves,