Showing posts with label Home for sale. Show all posts
Showing posts with label Home for sale. Show all posts

Friday, September 25, 2009

3 Acres of Country Living!

3 Acres of Country Living!
132 Daniel Boone Trail
Winfield, MO 63389

Price: $ 189,900
MLS #: 90049851

If peace and quiet along with starry nights are what you're looking for than look no further! Country living yet minutes away from HWY & shopping this Winfield ranch is a charmer. The spacious floor plan (1802 sq. feet) includes a fabulous great room w/custom fireplace, laminate flooring & plenty of room to entertain. The kitchen is a cooks delight w/plenty of maple cabinets, breakfast bar & a window lined breakfast rm that walks out to a freshly stained deck & provides a beautiful view of the mature 3 acre lot. All 3 main level bedrooms have laminate flooring; the master suite has a walk in closet to die for. That's not all!! The walk out lower level is finished with a wood burning stove & large family/recreation rm (49 x 28) and an additional room that could be a 4th bedroom. Just outside the sliding glass doo! r is a 36 x 15 patio. Get ready, your new home is going to be where the family wants to gather for all the special events!

Friday, August 21, 2009

Third Quarter off to an Excellent Start!

Real Estate Sales in August have really picked up at our office. It seems that buyers are getting serious about taking advantage of the $8,000 tax credit before it's too late. A first time home buyer is one that hasn't owned a home in the last three years. When they buy, then the seller's are able to move up and the market it robust. I have a high end listing that was not producing any showings, I've had 4 this week and a few last week- YES! A mid range villa that was also experiencing no showings also had two this week. More showings on listings is always a good sign.

One thing I've noticed that is still distressing is that buyers are coming in with low ball offers. There are so many distressed properties on the market they are under the false assumption that sellers are willing to take a hit, more than they already are with the current market value. It was encouraging to see the following reports this week:

Single-Family Homes and CondosSingle-family home sales increased 6.5 percent to a seasonally adjusted annual rate of 4.61 million in July from a pace of 4.33 million in June, and are 5.0 percent higher than the 4.39 million-unit level in July 2008. The median existing single-family home price was $178,300 in July, which is 14.6 percent below a year ago.Existing condominium and co-op sales jumped 12.5 percent to a seasonally adjusted annual rate of 630,000 units in July from 560,000 in June, and are 5.9 percent above the 595,000-unit level a year ago. The median existing condo price was $178,800 in July, down 18.9 percent from July 2008.By Region:

The Northeast surged 13.4 percent to an annual pace of 930,000 in July, and are 3.3 percent higher than July 2008. The median price in the Northeast was $236,700, down 15.0 percent from a year ago.

Existing-home sales in the Midwest jumped 10.9 percent in July to a level of 1.22 million and are 8.0 percent above a year ago. The median price in the Midwest was $157,200, which is 5.9 percent less than July 2008.

In the South, existing-home sales rose 7.1 percent to an annual pace of 1.95 million in July and are 5.4 percent higher than July 2008. The median price in the South was $164,500, down 7.1 percent from a year ago.

Existing-home sales in the West slipped 1.7 percent to an annual rate of 1.13 million in July, but are 1.8 percent above a year ago. The median price in the West was $202,300, which is 28.0 percent below July 2008. Source: NAR

Tuesday, June 30, 2009

Monday, June 22, 2009

SCHNEIDER Women to Assist in Habitat for Humanity "Women's Build".

A group of women from SCHNEIDER Real Estate are scheduled to assist in a Women's Build Habitat project in St. Peters on Wednesday June 24th. The women are a few of many who are making a single mom's dream come true. The SCHNEIDER Diva's will be helping to dry wall and Continental Title is providing lunch for the crew. I'll post pictures when the mission is accomplished!

Villa for Sale in Wentzville

http://vu.realbiz360.com/Listing-171985.html Click here to see a Virtual Tour of a fantastic villa listing in Beautiful Villa's at Huntsdale. This unit has everything you're looking for - 4 bedrooms, oversized deck, nice landscaping, privacy, finished lower level- custom features- call for a private showing. Jane 314-707-0902

Friday, June 5, 2009

The Two Latest Signs Housing Is Recovering


The Two Latest Signs Housing Is Recovering
Here’s more evidence that the housing market is recovering.Two major home builders, Toll Brothers Inc. and Hovnanian Enterprises Inc., say their losses were shrinking compared to last year because buyers are coming back to the market.Other encouraging news came from HIS Global Insight, a research firm, which said home prices fell on average at an annual rate of 2.2 percent in the first quarter in 199 of 330 metropolitan areas. That compares with a 12.5 percent decline in the fourth quarter of 2008 in 312 metropolitan areas."While it's too early to see a bottom of this housing downturn," the report said, the latest data "may signal that the market is beginning to stabilize."Source: The Wall Street Journal, James R. Hagerty and John Spence (06/04/2009)
Posted by SCHNEIDER Real Estate at 11:44 AM 0 comments
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Wednesday, June 3, 2009

PENDING HOMES SALES UP THREE MONTHS IN A ROW!

WASHINGTON, June 02, 2009
Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5.
Lawrence Yun, NAR chief economist, said buyers are responding to very favorable market conditions. “Housing affordability conditions have been at historic highs, but now the $8,000 first-time buyer tax credit is beginning to impact the market,” he said. “Since first-time buyers must finalize their purchase by November 30 to get the credit, we expect greater activity in the months ahead, and that should spark more sales by repeat buyers.”

Monday, June 1, 2009

Seniors and First Time Home Buyers Don't Miss Out!

PERFECT for the first time homebuyer or senior looking to downsize! This spacious 2 bedroom villa is located minutes from the Page extension tucked away in the back of the subdivision with loads of peace and quiet. Vaulted Ceilings with wood beams, large bay window in the dining room and double French doors in the kitchen leading to the patio, give this villa a bright and open feel. The kitchen is equipped with more than adequate cabinet space, a pantry, lots of counter space
and an overhang for bar stools. You'll love the spacious bedrooms and the wonderful large bath with sunken tub, separate shower and double vanity! Move right in - refrigerator, washer and dryer stay and the furnace and air conditioner are newer. Put your finishing touches to this one owner unit - never smoked or had a pet- Hurry it is priced to sell AND the seller is selling "as is" making no repairs.

See A Vitual Tour by clicking the link vu.realbiz360.com/Listing-166851.html

Friday, May 29, 2009

Neat Gadgets

Hey guys here are some cool tools to help your success!

10 weekend projects to make yours a smarter home

For the most part, having a smart home is simply a matter of energy efficiency. These projects, plus 14 quick tips, will help you save both energy and money.

By Popular Mechanics

Kitchen

1. Find sustainable finishes.
Kitchen upgrades offer a chance to choose products made from recycled or renewable materials. Consider a stone countertop made with recycled glass, a sustainable cork or natural linoleum floor, or cabinetry made from formaldehyde-free plywood.

Slide show: 10 Earth-friendly kitchen counters

2. Go chemical-free.
Caustic chemicals will partially dissolve a clog, but they contaminate water supplies and the fix won’t last. Instead, turn to the sink plunger — its flat bottom sits flush with the sink, unlike a bell-shaped toilet plunger. Before snaking a drain or removing the sink’s trap, try using needle-nose pliers or creatively bent coat hangers.

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Living room

3. Build better fires.
To boost efficiency in the fireplace, begin by replacing the leak-prone midchimney “throat” damper with a “top-sealing” or “chimney cap” damper. This opens, shuts and seals like a storm door for the chimney. Then add a fireback — a handsome iron plate that protects firebox brick and radiates heat into the room. A fireplace heater will distribute the fire’s warmth by circulating air into the fireplace. A heat exchanger warms the air and fans blow it (smoke-free) back into the room, increasing the fireplace’s efficiency from 5% to 65%. If you don’t use your fireplace at all, contact the National Chimney Sweep Guild to find a certified contractor to seal your flue, which will prevent heat loss through the chimney.

4. Upgrade the thermostat.
Nearly half of the average home’s $2,000 annual energy bill goes toward heating and cooling, but a programmable thermostat can reduce that figure by about $180. Instead of a seven-day model, opt for a five-plus-two-day one — this will allow you to program the temperature for different weekday and weekend schedules, maximizing comfort and efficiency.

Basement

5. Insulate the edges.
Sealing a basement’s perimeter walls with a vapor barrier and insulation helps heating and cooling systems work less hard to maintain indoor temperature and humidity. Insulate the ceiling’s joist bays against the foundation walls with expandable foam for an airtight seal. Then spray foam to plug up gaps where pipes and vents exit the house.

6. Heat water wisely.
Use foam jackets to insulate exposed hot-water pipes within 5 to 10 feet of the heater. Gas users can upgrade to fuel-saving tankless heaters; electric users should add timers so water stays hot only when it’s needed.

Attic

7. Ventilate the space.
Install inconspicuous ridge vents that run the length of the attic’s peak. These work with soffit vents to cool the attic in summer; in winter, an exit route for warm air reduces the risk of leak-causing ice dams.

8. Cut air conditioning consumption.
Whole-house fans pull in outside air through the downstairs windows and push out hot air through the attic vents, cooling your house at a fraction of the cost of central air conditioning. Effective except on the most stifling summer days, the typical whole-house fan consumes less than 600 watts, but a 5-ton central air unit can draw more than 6,000. Solar-powered attic fans are very efficient, too, but ventilate only the attic space, not the living area.

Yard

9. Make decks last decades.
Composite decking built with recycled plastic uses waste headed for a landfill. Redwood, cedar and ipê (pronounced ee-pay) naturally resist rot and can last much longer than pressure-treated wood. But buy only lumber certified “Pure” by the Forest Stewardship Council — there are no bad species, just bad forestry.

10. Add an awning.
Decks reflect the sun’s rays into your house, but adding shade above nearby windows and glass doors can reduce heat intake by up to 77%. In the summer, a retractable awning cuts an adjacent room’s air conditioning use by nearly 25%. It rolls out of the way in the winter to allow warm sunlight in.

14 steps to take today

Stroll through your home with Popular Mechanics’ list of low-cost (or free!) upgrades, making quick fixes as you go.

  1. Turn down the water heater: Lower the temperature to 120 F, and for every 10-degree drop, you recoup 3% to 5% of the power bill. No temperature dial on the tank? Check the temperature at the tap farthest from the heater.
  2. Unplug appliances: Turn off power strips or pull the plug on appliances completely. Idle machines suck up 11% of your home’s electricity.
  3. Clean your dryer: Slip a shop-vacuum hose into the dryer’s guts to remove lint wads and boost efficiency. Use an electric leaf blower to clear lint from vents that lead to the outside. It’ll work like new.
  4. Optimize heating and cooling: Move furniture and rugs away from vents and radiators. Run a fan with the cooling system raised 2 degrees to drop cooling costs by 14%.
  5. Drip-irrigate beds: Line gardens with hoses — no sprinklers, no hassle. Use mulch to retain moisture, and set timers to water in the morning.
  6. Adjust mower blades: Cut no more than one-third the grass blades’ height — this helps your lawn develop strong roots, remain moist and absorb runoff.
  7. Trust the dishwasher: Fully loaded, the dishwasher uses less water than hand-washing dishes. Save power by using the air-dry mode, not heat.
  8. Insulate the attic hatch: Keep the conditioned air downstairs by weatherstripping the attic hatch’s edges. Cover the hatch with rigid polystyrene insulation.
  9. Use small appliances: Downsize your cooking device: Toaster ovens consume half the energy of a full-size electric oven; microwaves use only one-third.
  10. Install storm windows: Storm windows reduce heat loss through windows by 25% to 50%. Magnetic internal storm windows go up without a ladder.
  11. Streamline the fridge: Fridges work best at about 38 F; freezers should register between 0 F and 5 F. Leave a thermometer inside for 24 hours, then check it.
  12. Keep filters clean: Pleated electrostatic filters catch up to 60% of allergens (blue fiberglass ones catch only lint and dust). Change them every two to three months or as soon as they show discoloration.
  13. Draw the curtains: Cover windows to prevent air loss. Curtains engineered for insulation multiply the R-value (a measure of thermal resistance) of standard insulated glass.
  14. Fix a leaky toilet: Drop food coloring in the tank; if it ends up in the bowl, there’s a leak. Replacing the flapper can save thousands of gallons of water a year.

This article was written by Elizabeth Svoboda for Popular Mechanics.

Tuesday, May 26, 2009

Beautiful Incline Village Listing

See a Virtual Tour of this home by clicking the link below

http://vu.realbiz360.com/preview_listing.php?listing_id=68251

You'll feel like you're on vacation living in beautiful Incline Village: lakes, golf, tennis, fishing, and only 10 minutes from Wentzville. If you like the peace that a resort community supplies with the convenience of city living then this is for you. This 1600+ sq ' ranch has beautiful bamboo wood floors(10X stronger than oak), that come with a life time warranty, in the great room, kitchen and breakfast room. The tasteful interior paint, vaulted ceilings, plant shelves and fans in every room give this home a warm and inviting feel. The extra large master bedroom suite features double entry doors, a walk in closet and luxury bath, the perfect place to unwind and relax. You'll enjoy the great outdoors on the deck while the kids have fun with all their playmates in this family oriented neighborhood. This home is priced to sell.


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Friday, May 22, 2009

The Green Home of the Future

By ALEX FRANGOS What will the energy-efficient house of the future look like? It could have gardens on its walls or a pond stocked with fish for dinner. It might mimic a tree, turning sunlight into energy and carbon dioxide into oxygen. Or perhaps it will be more like a lizard, changing its color to suit the weather and healing itself when it gets damaged. The Journal Report See the complete Energy report. See the green houses of the future: The Rios Clemente Hale House and The Mouzon Design House The William McDonough + Partners House and The Cook + Fox House Those are just a handful of the possibilities that emerged from an exercise in futurism. The Wall Street Journal asked four architects to design an energy-efficient, environmentally sustainable house without regard to cost, technology, aesthetics or the way we are used to living. The idea was not to dream up anything impossible or unlikely -- in other words, no antigravity living rooms. Instead, we asked the architects to think of what technology might make possible in the next few decades. They in turn asked us to rethink the way we live. "This is a time of re-examining values, re-examining what we need," says one of our architects, Rick Cook, of the New York firm Cook + Fox. "We are re-examining the idea of home." A fresh look may be long overdue, given the amount of damage that homes can do to the environment. It's easy to envision a power plant spewing pollution or a highway full of cars burning billions of gallons of petroleum. But buildings -- silent and unmoving -- are the quiet users of much of our energy, through electricity, heating and water consumption. The U.S. Energy Department estimates buildings are responsible for 39% of our energy consumption and a similar percentage of greenhouse-gas emissions. The growing awareness of that fact helps explain why green building is one of the most pervasive trends in the construction industry -- even as the economy struggles and home-building is at its lowest level in a generation. So, how will the green homes of tomorrow help solve the energy puzzle? Here's a gander into the future. View Full ImageRCH Studios ON THE HOUSE The Rios Clementi Hale Studios house has a garden façade that includes chickpeas, tomatoes and other plants. The plants also provide shade and cooling. A rooftop reservoir collects water and keeps the building cool, while rooftop windmills generate energy. Out on a Limb "I'd love to build a house like a tree," says architect William McDonough of the Charlottesville, Va., firm William McDonough + Partners. And that's what he set out to do here. The surface of his house, like a leaf, contains a photosynthetic layer that captures sunlight. Unlike today's solar panels, which are often pasted above a roofline, these are woven into the fabric of the exterior. They heat water and generate electricity for the home -- and create oxygen for the atmosphere, to offset carbon produced in other areas of the home. The appeal of ultrathin, integrated solar panels goes beyond convenience. Today's solar is plain ugly and off-putting to many homeowners, something Mr. McDonough calls the "potpourri of miscellany stuck on our roofs." Unseen solar arrays, especially ones that create hot water, will be a "breakthrough from aesthetic perspective, which is a huge issue," he says. As for the rest of the design, Mr. McDonough envisions a sleek, curved roof with generous eaves to provide shade, which lowers the heat load in summer, thereby reducing the need for energy-hogging air conditioning. The roof also insulates and provides an outdoor garden. (Mr. McDonough designed a similar "green roof" for a Ford Motor Co. factory -- one of the first large U.S. buildings with that design.) The "bark" of the treelike house would be thin, insulating films that would self-clean and self-heal, Mr. McDonough says, thus avoiding the need to replace them after years of exposure to the elements. View Full ImageWilliam McDonough and Partners BRANCHING OUT William McDonough + Partners envisions its house like a tree. The "bark" of the house is made up of thin, insulating films that would self-clean and self-heal if damaged. A curved roof with large eaves provides shade, which lowers the heat load in summer. The "trunk," or the frame of the home, consists of carbon tubes, while the "roots" are a heat-pump system buried in the yard. It sounds far-fetched, but some of these technologies already exist. Self-cleaning glass, for instance, has a special coating that uses ultraviolet sunlight to break down organic dirt; rainwater then washes the filth away. Self-healing paints that contain microscopic capsules of color are in use on some car paint, for instance. These vessels break open when the surface of the paint is scratched to repair the damage. Similar ideas could expand to repair other materials such as glass or cladding. The "trunk" -- or the frame of the home -- would eschew wood or metals. Instead, lightweight, "resource efficient" carbon tubes would keep the structure standing upright. Finally, the "roots" of the home would be a ground-source heat-pump exchange system buried in the yard. It would take advantage of the relatively constant temperature of the soil to control the home's climate -- bringing in heat in winter, when the ground is warmer than the surrounding air, and cool in the summer, when the ground's temperature is lower. Such systems exist today, but cost puts them out of the reach of most homeowners. Other technological advances in the home include cement that would absorb carbon dioxide as it cures, offsetting the heavy loads of energy used to make the material. What's more, special surfaces on the house would capture condensation for water use, avoiding the need for wells or faraway sources. The design also takes into account what happens to the building when its useful life is over -- something most builders never consider, Mr. McDonough says. Today's buildings are often filled with chemical insulators and films on windows. While there have been major advances in these areas, such as the use of low-chemical-emitting paints and carpets, most insulating windows today still contain mercury and other heavy metals. View Full ImageCook+Fox UNDER MY SKIN Cook + Fox's house reacts to the weather, turning dark in the bright sun to insulate the house from heat and turning clear on dark days to absorb light and heat. The façade also captures rain and condensation to fill the household's water needs. Inside, walls and furniture are on rollers to take advantage of the fact that some spaces, such as bedrooms, are underutilized most of the day. Mr. McDonough envisions a building industry in which everything that goes into a house eventually breaks down harmlessly, much as a tree falls and biodegrades on the forest floor. So, in his house, building materials from the cladding to the floors would be easily disassembled and reused, or, as he says, "return to the Earth." The Reptile House If Mr. McDonough's house is a tree, then this one is a lizard -- whose skin is among its most important features for survival. Cook + Fox's house has a "biomorphic" skin that reacts to the weather, turning dark in the bright sun to insulate the house from heat and turning clear on dark days to absorb as much light and heat as possible. The façade also captures rain and condensation to fill the household's water needs -- much like a desert-dwelling horny lizard rolls drops of dew from its nose to its mouth. Mr. Cook sees the house of the future looking toward nature's way of solving problems as much as it looks to technology, a concept called biomimicry. "You need to view a house as a surface area for life, as opposed to a thing to be power-washed," Mr. Cook says. Cook + Fox is well known for its green designs. Its biggest green project is the New York headquarters of Bank of America, which is known as One Bryant Park. The sculpted white-glass tower, Manhattan's second-tallest after the Empire State Building, creates massive ice blocks in the evening when electricity is cheapest. As the "ice batteries" melt, they are used to cool the building during times of peak electricity loads during the day. View Full Image OLD AND NEW The Mouzon Design house uses tomorrow's technologies -- as well as ancient techniques to reduce energy use. Solar paneling built into the roof and façade provides electricity and hot water. The house also employs a "breeze chimney," an ancient architectural tool, as a kind of air conditioning. The Cook + Fox house has a modern look, but it's designed to fit into a traditional neighborhood setting. Inside, rooms are easily configurable for lounging or work. Walls and furniture are on rollers, for instance, to take advantage of the fact that some spaces, such as bedrooms, are underutilized most of the day. What's more, toilets and washrooms are separated, serving more people with less space. Making a house that's more conducive to work is important for energy efficiency because it eliminates driving -- and thus reduces energy consumption. A key feature of the house is perhaps its most traditional: a front stoop, which enables the home dweller to look out on neighbors and observe the area. Noting an idea from scientist E.O. Wilson, Mr. Cook says, "No matter how advanced we get with technologies, there are things that make the human feel good no matter what. People like to see a horizon view and feel safe." Meals at Home Rios Clementi Hale Studios cheekily calls their concept the "Incredible Edible House." This somewhat fantastical design seems to be as much about the future of food production as architecture. The façade of the three-story abode is slathered in a vertical garden that includes chickpeas, tomatoes, arugula and green tea. Step outside in the morning and harvest your meals. The plants both nourish the inhabitants and provide shade and cooling, absorbing heat better than a wall made of wood, brick, stucco or glass. Rios Clementi Hale, based in Los Angeles, has a reputation for playful and innovative designs. Its best-known works include the angular red, ochre and green-striped campus of the California Endowment in downtown Los Angeles. It has also done designs for Hollywood powers such as Walt Disney's Robert Iger and movie and music impresario David Geffen. But the plants aren't the only striking feature of the design. At three stories, the edible house is also more vertical than the typical suburban home, a nod to the importance of building dense, urban-style houses in order to reduce energy use. A rooftop reservoir collects water and keeps the building cool; rooftop windmills generate energy. The house is also put together in an intriguing way: It's made of three prefabricated containers stacked on top of each other that can be moved on a trailer if the mood fits. This method exists today, but it's not used very much, since homeowners associate prefabrication with lower-end homes. But the benefits for lowering energy use are substantial. The standardized construction in prefabricated homes reduces defects that can hamper energy conservation. And it's easier to ship prefabricated parts, which means reduced fuel use for deliveries. Learning From the Past Looking to the future isn't the only way to be innovative. The house from architect Steve Mouzon, of Mouzon Design in Miami Beach, Fla., uses tomorrow's technologies while mining ancient techniques to reduce energy use. For instance, solar paneling built directly into the roof and façade provides electricity and hot water. But the house also employs a "breeze chimney," an architectural tool used by the ancients, as a kind of old-school air conditioning. The difference between the air pressure in the chimney and outside causes hot air to flow out of the chimney stack and cooler air to enter through windows and doors. "It must make sense first," says Mr. Mouzon, a so-called New Urbanist architect who believes in traditional designs that emphasize pedestrian-friendly neighborhoods. His house "isn't trying to do wild and wacky things with roof shapes or wall shapes but a good sensible building that is highly lovable. It is inventive where it needs to be." Like Rios Clementi Hale, Mr. Mouzon sees the house as a source of food. He would add "melon cradles," an invention he says he thought up for this project, to allow heavy melons and other vegetables to grow vertically up the sides of his house. Another of his innovative ideas would require Americans to do more than just feed the goldfish bowl: He would install tilapia pools in a "kitchen garden" to provide fresh fish to the homeowner. It's among the most energy-efficient ways to raise animal protein, Mr. Mouzon says. But the most important order for Mr. Mouzon is to make the house compact. "The smaller thing you can create, the more sustainable it is." In fact, that's something that all four of our architects agree on: Americans need to learn to live in smaller spaces if we are going to make an impact on the environment.—Mr. Frangos is a Wall Street Journal staff reporter in New York. Write to Alex Frangos at alex.frangos@wsj.com Printed in The Wall Street Journal, page R1 Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com
Posted by SCHNEIDER Real Estate at 9:51 AM
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Wednesday, May 13, 2009

$8,000 Tax Credit can be used for a Down Payment!

Real Estate News May 12, 2009 ShareTax Credit Can Be Used for Down Payment Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment.Previously, most buyers wouldn't receive the funds until after they filed their tax return, and that deterred some people from using the credit. The NATIONAL ASSOCIATION OF REALTORS® has been calling for the change. “We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a down payment,” Donovan says. His remarks came in an address to several thousand REALTORS® gathered Tuesday morning at "The Real Estate Summit: Advancing the U.S. Economy," at the 2009 REALTORS® Midyear Legislative Meetings & Trade Expo in Washington, D.C..He says FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.Other Solutions for Today's MarketDuring his address at the summit, Donovan went on to say that the Obama administration plans to further stabilize the housing market. “I do think we have some early signs that the market overall is stabilizing,” Donovan says. “Since January we’ve seen both home sales moving up and down around a relatively stable number and we are seeing the first signs that the rapid decline in home prices is starting to abate.”The morning session included a panel discussion that was moderated by CNBC’s Ron Insana. Panelists examined cutting-edge solutions necessary to promote and preserve homeownership and real estate development, stimulate the economy, and protect the nation’s taxpayers. They also shared their ideas on what the role and responsibility of the federal government is in the revitalization effort. “Right now the Federal Reserve is the market,” said panelist Jay Brinkman, chief economist for the Mortgage Bankers Association. “What will be the effect when the Fed stops buying?” Brinkman explained that an exit strategy must be planned for the long-term; the federal government cannot continue to support the mortgage markets indefinitely.“We are thrilled that so many high-caliber individuals were able to join us today at this important meeting to promote stability in the housing market and the U.S. economy,” said NAR President Charles McMillan. “We look forward to an ongoing dialogue and action toward this goal, during our midyear meetings this week and beyond.”

Sunday, March 29, 2009

A Bright Week!

Along with Spring came a sunny rally by the stock market this week and that's not all! Our office experienced a bright week as well. Along with our listing showings experiencing a dramatic increase so did our phone leads. It was pleasant to see agents back in the swing of showing property, writing contracts and closing sales. Our office is doing a mass mailing to our SOI with a brochure explaining the $8,000 tax credit available for First Time Home Buyers. The brochure answers many of the frequently asked questions the general pubic have regarding the rules and regulations of the buying credit. With interest rates staying at record lows and inventory priced lower than in years past the time is NOW to buy. We have also noticed that Lending Institutions are coming up with loan products to stimulate buying not only by owner occupants but investors as well. First Integrity gave an awesome seminar this week at the St Louis Association of Realtors. The panel discussion was led by their Operations Manager, Underwriter, two appraisers and the owner of their company. The room was packed and conversation lively. Everyone working together brainstorming ideas has got to pay off for the consumer and our industry. Indeed it's warming up out here! Posted by SCHNEIDER Real Estate at 12:46 PM Labels: FHA Assumable Loans, home for sale, loans, real estatae, SCHNEIDER Real Estate, St Charles, st charles county, st louis county, tcredit for first time buyers

Tuesday, February 3, 2009

819 Honeywood Lake Saint Louis Mo



Honeywood Virtual Tour



Most Affordable house in beautiful Locksley Crossing a Lake St Louis subdivision located close to HWY 40/64 and HWY 70- Loads of retail and grocery shopping, movie theatres and restaurants. The "rated with distinction" schoools and area parks are what every parent will appreciate. This 5 bedroom ranch with finished walk out lower level and open floor plan features vaulted ceilings, fireplace, center island in the kitchen, awesome deck that overlooks the tree lined yard and a three car garage. You'll love it!