Now or Later?

Now or Later?

We’ve all heard how crazy the real estate market is these days, and who even wants to try to deal with that chaos?  Should you just wait until things slow down later this year?

Feds Just Raised Interest Rates!

If you are in the market to buy a home, you may want to look sooner rather than later. As the Feds just raised the interest rate, the cost of a home loan will become increasing more expensive. Last week the average interest rate on a 30-year mortgage was 4.21%. Economists are forecasting within the next month, this rate could rise to as high as 4.5%. This trend is expected to continue through 2018 with interest rates potentially reaching 5.5% by next summer. 

According to Zillow, home prices on average will appreciate 4.6% in 2017. If you wait even a few months, you face the risk of higher home prices and higher borrowing rates. To avoid spending more on your monthly payment, let’s start putting together a game plan and get you pre-approved before it’s too late! 

Please don’t hesitate to reach me if you have any questions. Happy Hunting!


West County - What’s the market like right now?

West County - What’s the market like right now?

You’re probably hearing all over social media and the news that it’s no doubt a seller’s market  - multiple offers, over asking sale prices, it’s do or die out there.  But, then you’re also hearing that interest rates are going up, and if you’re going to buy a new home, you need to lock that in like yesterday.  How do you even begin to make sense all of this, and decide what is best for you?

Well, let me be completely honest with you.  It’s not THAT bad.  I promise!  I’ve been running numbers on the first quarter, and they speak for themselves. In the West County area, the average sale price is actually down in Q1 of 2017 vs Q1 in 2016.  In fact, the average sale price is down a whopping 6%!

Inventory is lower, though, and houses are selling much faster than last year.  Inventory is down 2% in 2017’s first quarter compared to first quarter in 2016, and houses are selling about 21% faster than last year at this time.  

This is why it’s so important, now more than ever, to have an experienced Realtor representing you.  Call me - let’s get started!


Do you really need a buyer’s agent?

Do you really need a buyer’s agent?

In Real Estate transactions there are different types of agents who represent different parties in a transaction. As a buyer, especially if this is your first purchase, it is important you find a knowledgeable and persistent expert who will advocate for your best interests. This person is called a Buyer’s Agent. Here are 10 reasons why you need to hire one! 

Now is the time to buy!

St. Louis Real Estate, real numbers


All over the St. Louis metro we’ve experienced warm winter temps and little-to-zero snow or ice, all of which has been great for the local housing market! Looking back to this time last year, the number of closings are up over 5% and homes are selling quickly, almost 10% faster.

Despite the market being what most would consider a “seller’s market”, prices remain mostly stable, only up 2.5% over recent years. So, is now the right time to buy?

Definitely! In fact, St. Louis housing affordability remains excellent, way better than the national average. In a recent report, it was stated that a person only needed an annual salary of $38,000 to afford a median priced home in the St. Louis region.

If you are considering purchasing a home, it is more important than ever to select a qualified realtor to help you navigate this market and negotiate competitively. Please call me at the number below with questions about the market or to start your home search!



Helping you find a home that fits your needs


Many people find shopping for a new home stressful, frustrating and time-consuming. My goal is to make this a fun and exciting process, while making it as smooth as possible. By only showing you homes that meet your criteria, negotiating the best buy possible, walking you through the process step-by-step, and handling the details of the transaction, I hope to take the stress out of the closing process.        

Since a new home is often the most important and substantial purchase people make, I'd be happy to help you find a great home that meets your needs. I preview many new homes every day. If you would like me to email you information about homes new to the market, please email the following information to me:

  • What is your time frame?
  • When do you want to make a move?    What price range do you have in mind?  
  •  What areas/neighborhoods are you interested in?  
  •  What type of home: single-family, condo, multifamily, etc.?    
  •  How many bedrooms?  
  •  How many baths?  
  •  Do you need to sell in order to buy?  
  •  Do you have other requirements?  

      As soon as I receive this information, I can select homes that fit your criteria and send them for your review. Please call or email me if I can provide you with additional information or answer any questions you may have as you begin contemplating a move. I look forward to the opportunity to assist you.     

   Happy House Hunting!


Why does everyone keep asking if you’re pre-approved?

Why does everyone keep asking if you’re pre-approved?

If you’ve recently started your new home search, you may have been asked several times already if you’ve been pre-approved.  It’s something that I usually ask all my clients, typically before we even start looking at homes.  I’m not asking because I’m rude or nosy, I’m asking because it’s important for my clients that they are pre-approved for a mortgage before they start viewing homes.  Let me tell you why.

2016 St. Charles and St. Peters Real Estate Market Update



St. Peters and St. Charles Home Sale Record:

337 homes sold in July, 2017

The St. Charles and St. Peters city real estate market has performed extremely well in 2016 with the peak month for sales being July with a total sales number of 337.  This was the highest month of sales ever recorded in the past 10 years.

                                            St. Charles and St. Peters Average Sale Price

2016 Average Sale Price is $214,466

Over the last 10 years the Median and Average sales price has also continued to rebound and 2016 finally brought the year where sales prices rose above the previous 2007 peak.    The average sale price this year was 213k just creeping above the 2007 average of 2010.

St. Charles and St. Peters 2016 List to sell ratio is 99.6%

The List to sell price in is percentage of list price the seller actually receives after negotiations.   Again we saw a 10 year record with 99.6% of list price.     This means that if a seller lists the home at a $200,000 asking price, the buyer can expect to pay $199,200.    That is only a $800 negation.    Incredible!

St. Charles and St. Peters homes sell after only 11 Days on market

Days on market also fell to the lowest on 10 year record with the median being 11 days and the average being 36 days.

Best time to sell a St. Charles or St. Peters home in the past 10 years

This is the best time to sell a home in past 10 years.   Prices are at an all time high, days on market are at an all time low, supply of homes is low and buyer demand is up.    Financing is still cheap and now is the time to make a move.


20 homes sold over $600k in St. Charles and St. Peters

In 2016 there were 20 homes that sold over the $600,000 price point.   There was a tie for the highest price home sold at 1.2 million.    To see the inside the two homes and the all homes over 600k use the link below to download a pdf of all photos.  


To see the top priced homes in 2016 you can use this link to download:


If you would like to know what your home is worth you can got to:


Newest homes for sale in St. Charles and St. Peters:

O'Fallon Market Update '16

Weekly Real Estate Market Update


PDF of high priced homes sold in 2016:

Instant Home Value Report for your home:


This year we saw inventories of homes at the lowest level in years, falling into the the low 200s.  In October we fell to 224 homes available for sale, compared to 722 the same month in 2006.   This is a steady fall in the number of homes for sale while the number of homes sold is at a 10 year high.   June of 2016 broke a ten year record with 172 sales making it one of the hottest real estate months in recent history. 

If you look at the graph you will see that over the past 10 years the trend has been fewer homes combined with higher demand

The list price ratio is the percentage of list price the home eventually sells for.    In 2016 O’Fallon sellers benefited form the low inventory and high demand with List to sell ratios right under 100%.  

Homes are selling fast.   The homes that sold within in the fist week saw sold prices over list price.   The average days on market is 37 days, but the median days of market is around 13 days.   With a typical 30 day close O’Fallon sellers were closed and moved in about two months.

The Median sales price in O’Fallon is $210,000 with the average being only slightly higher at $222,000.     Only 15 homes have sold over $500k and the winner winner chicken dinner is 921 Stonecastle Dr which sold for $1.5 million.     To see photos of the inside of this one and the other high priced homes in O’Fallon click the link.

O’Fallon is going to see rising prices again in 2017 due to low inventory and growing demand.    If you are considering selling or would just like to know the new value of your home might be, click the other link below to access our instant and free home value report.    Enter your property address and within minutes you have a PDF with all recent sales and market data.

If you have any questions about the O’Fallon real estate market feel free to contact me or anyone on my team.   We want to be your real estate resource.    Thank you and I look forward to speaking with you.


Existing Single Family Homes sold in 2016

Excludes condo / town homes

Excludes new construction

Excludes auction

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Chesterfield, MO Homes Market Update


Number of homes for sale vs homes sold in Chesterfield, MO

The number of homes sold so far in 2016 is the highest we have seen in the past 10 years.  While inventory of homes for sale is hovering just over the 300 homes, it is still one of the lowest inventories we have had in nearly 10 years.   The blue line on the graph shows the number of homes for sale in Chesterfield, while the Green line shows the number of homes sold.

Chesterfield Homes sold by year YTD (1/1 to 10/23)

2016 = 823

2015= 784

2014= 801

2013= 789

2012= 692

2011= 557

2010= 595

2009= 555

2008= 622

2007= 729

2006= 729


List to Price Ratio and Average Days On Market for Chesterfield, MO

List to price ratio is the percentage of list price buyers end up paying for homes after negotiations.  The list to price ratio for YTD in 2016 is around 98% with the median being 97.7% and the Average being 97.3%.   The number of days it takes a home to sell is called the Days on Market.  The Median days on market is 26 while the average Chesterfield home sells in 65.3 days.

Luxury homes in Chesterfield.

So far in 2016 only 15 homes sold over $1,000,000 in Chesterfield so far in 2016.   This same period in 2015 saw 23 homes and 19 in the same period 2014.   The high price winner goes to a beauty in Pacland Estates for 2.3 million and change.  To see what you could have bought for $1m in Chesterfield check out

Homes are still selling in chesterfield and despite the time of year now is a good time to list a home because of continuing demand and lower inventories.    Some higher price points may see demand soften and prices may ease in 2017.    

If you would like to know what your Chesterfield home is worth visit the link below for a free and instant home value report:






Ballwin / Ellisville Real Estate Market Update

It has been a great year for real estate across the country and the St. Louis metro has followed the same trend, but how is the Ballwin / Ellisville housing market doing this year?

The short answer is that this is the best real estate market Ballwin has ever seen.    Looking back ten years you can see that the available inventory of homes for sale has continued to fall year after year while the number of sales continues to rise.    The collision of the falling blue inventory line into the rising red sale line is going to make for an interesting 2017 where we should see prices rise once again.

Looking at over 1,100 single family Ballwin / Ellisville home sales this year, an interesting stat is the sale price to list price ratio is around 99% (Median 98.8 and Average 98.6).   This means that homes priced correctly are selling quickly at around 99% of list price.

Within 63021 and 63011 only six homes have sold this year with a sale price over $600k.   The highest Ballwin home sale so far in 2016 was $850k which was for an atrium ranch at 701 St. Paul Rd.

If you are considering selling your home, now is one of the best times to do so.   While we can’t predict the future, it does appear that 2017 will also bring rising home prices in Ballwin.

High end homes in Ballwin and Ellisville (63011 and 63021) Interior / Exterior Photos:

To find out what your Ballwin / Ellisville home is worth go to:




The hap's in St. Louis this weekend from my real estate team! (Crown Valley Winery) (Blues Homepage) (Rams Homepage) (Ringly Brothers) (Bluebird Park Chili Cook-Off) (Dark Side of the Moon)