O Fallon, MO

The city of OFallon MO Real Estate Trends for the week of 09/19/09 – 09/26/09

The City of O’Fallon MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 465 homes on the market of various sizes and prices.  The number of active listings is UP from last week.  Check out O Fallon MO when looking for a new home for selection, style and price.  If you have been waiting for the right time now is the right time for real estate in OFallon MO. 

To take full advantage of the $8,000 tax credit you must close on your home BEFORE December 1, 2009.  If you were to purchase a home TODAY and it took 45 - 60 days to close you would already be in October.  If you are even considering a home purchase and want to use the $8,000 Tax Credit NOW is the time to make your move!!

All information is per regional multiple listing service (mls) on 09/28/09 and is deemed reliable but not guaranteed.

Sellers, homes are still being sold as you can see from the pending homes.  If homes are priced right they will sell.  So if you are thinking about listing your home give me a call and let’s talk about the marketing of your home.

Three St Charles County MO communities that made the Money magazines' annual list of the top 100 Best Small Cities in America list for 2008.  One of the three cities was O’Fallon MO which came in at number 68.  The rankings were based on jobs, schools and affordable housing.  

If you are looking to buy your first home or “right size” now is a good time to buy.  As you can see we have a variety of homes in the City of O’Fallon MO for you to choose from and in various price ranges. You may be considering a move to St Charles County MO too, so Give Don Rogers a call today at 315-954-6775 and let’s begin moving toward your new home. 

Helping you achieve your next level of the American Dream.  Ready?

The city of OFallon MO Real Estate Trends for the week of 09/12/09 – 09/19/09

The City of O’Fallon MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 449 homes on the market of various sizes and prices.  The number of active listings is DOWN from last week.  Check out O Fallon MO when looking for a new home for selection, style and price.  If you have been waiting for the right time now is the right time for real estate in OFallon MO. 

To take full advantage of the $8,000 tax credit you must close on your home BEFORE December 1, 2009.  If you were to purchase a home TODAY and it took 45 - 60 days to close you would already be in October.  If you are even considering a home purchase and want to use the $8,000 Tax Credit NOW is the time to make your move!!

All information is per regional multiple listing service (mls) on 09/21/09 and is deemed reliable but not guaranteed.

Sellers, homes are still being sold as you can see from the pending homes.  If homes are priced right they will sell.  So if you are thinking about listing your home give me a call and let’s talk about the marketing of your home.

Three St Charles County MO communities that made the Money magazines' annual list of the top 100 Best Small Cities in America list for 2008.  One of the three cities was O’Fallon MO which came in at number 68.  The rankings were based on jobs, schools and affordable housing.  

If you are looking to buy your first home or “right size” now is a good time to buy.  As you can see we have a variety of homes in the City of O’Fallon MO for you to choose from and in various price ranges. You may be considering a move to St Charles County MO too, so Give Don Rogers a call today at 315-954-6775 and let’s begin moving toward your new home. 

Helping you achieve your next level of the American Dream.  Ready?

So Why The Clock AND Is It The Right Time?  Which clock should be used?

I have been using this clock, below, for some time now on my weekly market updates to draw attention to how much time is left until the $8,000 Tax Credit expires. 

And to the best of my knowledge, right now, the Tax credit is set to expire at the stroke of midnight on November 30, 2009.

So here is my dilemma…..On Friday I was talking with a friend and managing broker from another company.  Yes we can have friends that work in other companies, but I digress.  He brings up a very interesting point and one that we need to look at when presenting this topic to our eligible homebuyers.  That is:

1. November 30, 2009 is a Monday
2. November 29, 2009 is Sunday
3. November 28, 2009 is Saturday
4. November 27, 2009 is the day after you guessed it
5. November 26, 2009 which is a Thursday and a HOLIDAY (THANKSGIVING)

Does anyone see a possible problem here?  Or is it just me?

• Are we considering the possibilities of potential problems with funding, to where the property has closed by the prescribed time?
• Title companies/Attorneys can handle just so many closes in a day even if they have extra closers on hand to handle the rush and where will they come from?
• Banks are still going to close at 5pm, maybe 6pm in some areas!
• What about getting the wire transfer of funds in time to close before 5pm, maybe 6pm in some areas?
• What happens if there is a change to the settlement statement that will affect the APR at the last minute?  Remember the RESPA changes that have taken effect just recently.
• And the list could go on and on.

So should we be looking at, at the latest unless it is an all cash deal, closing on Friday November 20, 2009?  Just so we will have a little bit of a cushion in the event of a problem!

That being the case, if we figure 45 days to close on a home then this is what the clock would look like to have an accepted contract as opposed to the one above.

Just sayin’………………………

The city of OFallon MO Real Estate Trends for the week of 09/05/09 – 09/12/09

The City of O’Fallon MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 471 homes on the market of various sizes and prices.  The number of active listings is DOWN from last week.  Check out O Fallon MO when looking for a new home for selection, style and price.  If you have been waiting for the right time now is the right time for real estate in OFallon MO. 

To take full advantage of the $8,000 tax credit you must close on your home BEFORE December 1, 2009.  If you were to purchase a home TODAY and it took 45 - 60 days to close you would already be in October.  If you are even considering a home purchase and want to use the $8,000 Tax Credit NOW is the time to make your move!!

All information is per regional multiple listing service (mls) on 09/14/09 and is deemed reliable but not guaranteed.

Sellers, homes are still being sold as you can see from the pending homes.  If homes are priced right they will sell.  So if you are thinking about listing your home give me a call and let’s talk about the marketing of your home.

Three St Charles County MO communities that made the Money magazines' annual list of the top 100 Best Small Cities in America list for 2008.  One of the three cities was O’Fallon MO which came in at number 68.  The rankings were based on jobs, schools and affordable housing.  

If you are looking to buy your first home or “right size” now is a good time to buy.  As you can see we have a variety of homes in the City of O’Fallon MO for you to choose from and in various price ranges. You may be considering a move to St Charles County MO too, so Give Don Rogers a call today at 315-954-6775 and let’s begin moving toward your new home. 

Helping you achieve your next level of the American Dream.  Ready?