st louis real estate

Top 10 Reasons to Hire Russell Nolting for your Real Estate Needs

1. I will always tell you the truth regarding the market and pricing comparables.

2. I am an expert in our marketplace and I study the St. Louis real estate market statistics everyday.

3. I aggressively look for sellers and buyers for my listings 2-3 hours per day.

4. I deliver strong customer service and customer communication.

5. I follow a defined, written plan of action to get your home sold … I keep a rigorous schedule and track my results.

6. I have the power to protect your equity by negotiating the best price for your home.

7. I am in a network of the most highly trained Real Estate agents in North America to attract relocation buyers for your home.

8. I work with my Coach weekly strategizing how to sell your home for top market value in the shortest amount of time.

9. I constantly improve my skills by attending at least 4 intense training seminars each year taught by the #1 Real Estate Coaching Company, The Mike Ferry Organization.

10. I am committed to becoming a great salesperson … I invest a significant portion of my income each year for a Mike Ferry Coach to help me develop my skills and hold me accountable to selling your home.

Call me at 314-677-6560 for more information about how I can help you.

Category : Blog &Moving to/from St. Louis &Real Estate Sales in St. Louis &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics

The $6,500 Move-Up / Repeat Home Buyer Tax Credit at a Glance

The President has approved an extended and expanded tax credit for home buyers


The 2009 housing tax credit applied to first time home buyers only.  The new tax credit has expanded to include repeat home buyers — you may be eligible.  St. Louis real estate is turning around as a result of this tax credit.

**To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
**The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
**The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
**The tax credit applies only to homes priced at $800,000 or less.
**The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
**Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

Category : Buyers &first time home buyer tax credit &Moving to/from St. Louis &Real Estate Sales in St. Louis

Pricing your St. Louis home in a declining market

Consider an appreciating market. You price your home and enter it into the St. Louis MLS (which you can search by clicking here).   Because you have entered an appreciating market you will immediately be underpriced if you entered at market value.  Even if you entered the market overpriced, the market will begin to catch up to you — because the market is going up.  

But what happens when the market is falling?  What’s your strategy then?  Consider a boulder rolling down a hill…  How do you stop it?  You’ve got to get in front.  If you are priced above the market, you are constantly falling farther and farther behind the competition.  And you are becoming more and more over priced.  

When a professional Realtor prices your home in a declining market he should look at the market and then advise you to price slightly lower.  That way you’re getting ahead of the competition.  

To do this, a Realtor needs to not only show you what has sold in the past 6 months, but he must also show you what’s on the market.  Houses on the market are like people waiting to pick up donuts at the bakery.  Nobody wants to be at the end of the line.  Everytime you cut your price, you cut in front of a bunch of people in line.  The goal — CHECKOUT!!  Waiting in line stinks!

If your Realtor has the expertise to price your home, if he’s an expert, professional St. Louis Realtor with lots of experience, listen to him.  Want to know what your St. Louis home is worth?

Category : Home Buyer and Seller Tips &Real Estate Sales in St. Louis &St. Louis Real Estate Sales Statistics

Have we hit the bottom of the St. Louis Real Estate market?

MCD Header Image

Housing starts in St. Louis are up.  Nationally, a 22% surge represents the first increase since June when they rose 11%.  

Applications for building permits, considered a reliable sign of future construction activity, rose 3% to a seasonally adjusted annual rate of 547,000 last month. Economists were expecting permits to fall to 500,000.

A past article about housing starts in St. Louis.

For more information about housing starts, please visit my St. Louis Home Guide website, or call me at 314-267-2636.

And, to know what your house is worth in today’s market, please visit “What’s my St. Louis home worth?

Russ

WASHINGTON (MarketWatch) – Boosted by an 82% increase in construction of apartment buildings, U.S. housing starts surged 22% in February to a seasonally adjusted annual rate of 583,000, the Commerce Department estimated Tuesday. It was the first increase in eight months. Construction of new housing units had plunged 38% in the previous three months before February’s unexpected jump. Economists had forecast a further drop to 456,000, despite an expected surge in multifamily construction. Building permits, which are less volatile than the starts data, rose 3% in February to a 547,000 annual rate. Permits for single-family units rose 11% to a 373,000 rate, the largest percentage gain in 18 years.

Category : Real Estate Investments in St. Louis &Real Estate Sales in St. Louis &St. Louis Real Estate Sales Statistics

About Us

For the past 25 years, The Russell Nolting Group has been selling real estate in the St. Louis metropolitan area. We're not like the big franchises. We use the latest internet marketing techniques -- and our homes sell faster than our competition (by about 30 days)!

We give personal service before AND AFTER the sale -- we're focused on a relationship, not just a transaction! Call us at 314-677-6560 for more information about how we can help you.

Testimonials

Russell came over and gave me some honest feedback about how the condo appeared to buyers. We packed up most of the “stuff” – and Russell sold our condo for exactly what we were asking. Amazing!

- The Wallaces

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