You should know that homes are selling in Saint Louis. Our local real estate market is thriving as mortgage interest rates hover around 3% and inventory remains limited. Even though the market is hot, there are just not many people putting their houses on the market right now. Without a doubt, we’re in a seller’s market, and home prices have increased in many neighborhoods.
The bottom line is, what you hear in the national news isn’t exactly what’s happening here in Saint Louis. We want to step up and do a better job of keeping you updated on how all this affects us specifically in our community and with home prices. We will answer your questions correctly and accurately. Here are the top questions we’re asked often:
- How long will it take for my home to sell?
- With inventory so low, what if I can’t find a new home to move into?
- Can we limit showings to only serious buyers?
- Do virtual open houses and showings work?
- What if I get an offer over the asking price and the home won’t appraise for the sale price?
- Should I wait to buy until prices drop?
- What if I can’t pay my mortgage?
- Can I get an instant offer?
- Can my home be sold safely?
- Are home prices dropping?
- Is now a good time to sell?
- Do I need to make repairs to my home?
- Will my home pass inspection?
- What mistakes should I avoid?
- How do I get rid of my “stuff”?
- How do I attract buyers now?
We look forward to keeping you updated. Additionally, if you are looking to buy a property (mortgage rates are at all-time lows), you can search all homes for sale with beautiful photos the way we real estate agents in the Saint Louis area do:Search all houses for sale by city and ZIP code.Again, feel free to call us if you want to look at properties for sale safely from home with virtual showings and tours.If you have a real estate question, just reply to this email. It goes right to us. We may even answer your question in one of our future videos!We’re here if you need any help.
Your Local REALTORS®,
John and Danielle Adams