O'Fallon, MO Real Estate News

By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
                                   Market statistics for the city of OFallon MO during the week of 04/26/09 – 05/02/09 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 524 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.  With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 32 254 223 15 Avg. List Price $150,972 $20...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
...on making the list of "America's Top 100 Places to Live" in 2009! For the third year in a row, O Fallon Mo, has been ranked as one of Relocate-America'sTM "Top 100 Places to Live."  OFallon is once again the only Missouri city on this list.  "What a high note for our great City," said O'Fallon's Mayor, Donna Morrow.  This year Relocate-AmericaTM used different criteria than in previous years, which confirms that we are providing the very best in municipal services and programs for our residents. Relocate-AmericaTM concentrated on the outlook for future growth and the ability to rebound despite the nation's economic downturn. They looked at local government and the business leadership in the communities they considered. O'Fallon's Mayor-elect, Bill Hennessy was quoted saying "In the t...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
  Market statistics for the city of OFallon MO during the week of 04/19/09 – 04/25/09 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 520 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.  With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 31 255 218 16 Avg. List Price $150,845 $210,841 $317,190 $493,453 Avg. Da...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Thinking About Doing A Little Fixing-Up Before Listing Your Home? Just about all sellers before listing their O Fallon MO home think about doing some fixing up.  They think about doing everything from doing some painting to finishing the lower level to installing vinyl siding.  But is it always necessary to do a lot of fixin' up before listing your home for sale?  So whether you are a For Sale By Owner or you are listing your home with REALTOR® here are some simple guidelines to follow if you are thinking about doing some home improvements: Cost doesn't equal value.  If you finished off your basement six months ago for twelve thousand dollars, said improvement doesn't necessarily add twelve thousand dollars of value in the eyes of the buyer. Put your money where buyers will see it.  Exa...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Are You In Shape To Purchase Your Next Home? You have lived in your O Fallon MO home now for awhile and are ready to go to your "next" level in a home.  This could be a larger home because your family is growing and your home is not, or your family has grown up and move away and now you need something smaller.  I call both of these scenarios "Right Sizing".  Either way you have a home to sell before you are able to buy your next home and you are wondering just how to handle this situation that you are finding yourself in.  Getting yourself prepared to purchase a new home takes planning.  When you currently own a home and need to sell the current home as well as purchase, the planning of the sale and purchase can be best managed with diligent consideration of the following items: Realist...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
  Market statistics for the city of OFallon MO during the week of 04/12/09 – 04/18/09 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 537 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.  With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 31 262 227 17 Avg. List Price $152,781 $211,523 $314,327 $485,879 Avg. Days...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Residential homes (including condos/villas) sold in O'Fallon, MO 3/1/08 - 3/31/08:  Minimum, Average, Maximum    Days On Market Analysis    Listing Price\Selling Price Residential homes (including condos/villas) sold in O'Fallon, MO 3/1/09 - 3/31/09: Minimum, Average, Maximum    Days On Market Analysis    Listing Price\Selling Price Information courtesy of the MLS.  It is deemed reliable but not guaranteed. Service you Expect from a Realtor you can Trust! GRI, e-PRO  www.SelectMyHome.net   314-640-7061 (cell)   Prudential  Alliance, REALTORS   636-887-3554  (office) Debi.Ernst@PrudentialAlliance.com
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Why Is It Important To Price My Home Right From The Start? If you have been following my posts you will know that I feel that it is important to properly price you home from the beginning of the listing.  To wait and adjust the price after 15 or 30 days you have lost valuable time and possible buyers. That being said here are 5 good reasons to price your home correctly in the beginning: Your home is most likely to sell for top dollar when it is fresh to the market. Buyers buy after the shop around.  Buyers are in search of the best buy.  If your home is priced too high, it will make the other homes look more attractive. Your property will need to be appraised.  If it appraises below the contract price you may have a problem. Other than possible location, price is the most critical item ...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Things Every Consumer Needs To Know About Real Estate Appraisals... So, what's the big secret(s) about the real estate appraisal?  For the longest time it seems as though the Why, How and What of the appraisal process has been kept behind locked doors or placed in a hermetically sealed mayonnaise jar and placed on Funk & Wagnall's front porch.  To be honest with you, I did too! As a seller it is important to remember once you accept a contract on your home the buyers' lender will require an appraisal on the property before they will close the deal.  The reason for the appraisal is to assure the home is worth what the bank is going to finance and make sure the buyer isn't overpaying for the property. Here are a few things that you need to know about appraisals: It is an objective opinion...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Value and What Every Seller Should Remember... As a home seller you want to place your home on the market and have it sold as quickly as possible.  We as your REALTOR® want the same thing but, there are just a couple of things about value that you may want to know as you begin the selling process.  So, here are a few ideas to help you in the home selling process. DEMAND - Just like beauty, demand is in the eye of the beholder.  It varies from person to person.  The demand for a particular piece of real estate changes as the wants of each individual changes.  So you as the seller need to have your home stand head and shoulders above the competition so the DEMAND is greater for your home and not the one down the street. UTILITY - In order for real estate to have value it must have USEFULN...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
  Market statistics for the city of OFallon MO during the week of 04/05/09 – 04/11/09 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 520 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.  With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 30 249 224 17 Avg. List Price $154,733 $210,825 $308,894 $485,879 Avg. Days...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
O Fallon MO Home Buyers Do You Want To Know How To Select The RIGHT HOME!! That's right, whether you are in O Fallon, Missouri or Kalamazoo MI, Dade County FL or somewhere really cold in the winter I have a plan to assist you in selecting the "RIGHT HOME".  There are several assumptions that are in play though before we get started.  I am assuming that you have done a self-evaluation and you have found yourself not to be out of shape as a home buyer.  This moves me to my next assumptions, that you are a smart and realistic home buyer.    This is a 3 step approach and at the end of it you will end the search with your new home. Step 1.       Approach the home buying process objectively...                 There is no "PERFECT HOME"                 The "GOOD ONES" go quickly               ...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
I just wanted to take a moment to wish everyone a wonderful day!  I'm sure everyone has special plans for today... Our church choir (of which I am a member) at Hope Bible Church in O'Fallon, MO, sang a wonderful group of songs about our Savior Jesus Christ raising from the dead!  I hope nobody noticed a few mistakes...  :) Later on, our family will be having a family get-together at my twin sister's home...! Have a Great Day!   :) Service you Expect from a Realtor you can Trust! GRI, e-PRO  www.SelectMyHome.net   314-640-7061 (cell)   Prudential  Alliance, REALTORS   636-887-3554  (office) Debi.Ernst@PrudentialAlliance.com
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Buyers Are You Hearing Voices? Guess what you might even be a home seller hearing voices, too.  These voices start about the time you begin to talk about buying or selling a home.  So, where are these voices coming from and, what are are they saying? Mom & Dad Siblings Friends (BFF's) Grandparents Distant Relatives Peers Neighbors One of the biggest things that these voices are saying is something on the line of, Boy oh Boy I remember the first house that I ever bought what an ordeal that was.  Or they could be saying, I wouldn't pay that much for that house.  Make sure that you don't overpay for any house, if I was you I would offer 30% less than list price.  Now for the seller you will be hearing things like, "You're going to list your home for how much"?  Or you may be well liked, wh...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Steps Most Buyers Will Take To Buy Their Home....... Buying a home can be made less stressful if we follow a few simple steps.  It is a little like baking a cake, if you don't follow the recipe or steps the cake will not be a tasty treat.  While I am thinking about it, remember what they say about too many cooks in the kitchen!!   So to keep you on track in the home buying process here are some helpful steps for you. Look for an agent to help you through the home buying maze.  Remember you are about to spend a whole lot of money so find a REALTOR® to help you.  Get to know the agent first; don't get in a rush.... Interview the REALTOR®....set an appointment with an agent to find out if they have the skills, services and professional attitude you're looking for.  Meet the REALTOR® at the...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Don'ts Every Home Buyer Should Know...... When we were growing up our parents used to tell us DON'T do this and DON'T do that.  Pretty soon we knew what the don'ts were and so, if we were smart, we wouldn't do the don'ts.  You know things like don't talk to strangers or don't run with a sharp object in your hand or don't touch that it's hot.  Then as we grew older we would do some of the don'ts because we thought we could.  Then we found out why we should not do the don'ts. So now you are looking to buy a home and are not to sure of what to expect or to do.  I'm thinking that it would be good to go back to a term our parents used to use.  Don't, and I have come up with a list of 12 don'ts that every home buyer should know.  Are you ready?     Don't wait for the perfect house...there isn...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Market statistics for the city of OFallon MO during the week of 03/29/09 – 04/04/09 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 517 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.  With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 27 246 227 17 Avg. List Price $159,530 $211,284 $305,166 $485,002 Avg. Days...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Every now and then we just have to STOP....... And smell the roses.  Earlier today Gary Woltal wrote a post titled " I Can't Watch The World Fast Enough.".  In which he talks about the speed of the world that we now live in.  We are constantly trying to cram more things into the day and still fall further and further behind.  It's kinda like the hurrier I go the more behinder I get.  Gary talked about all of the speed of the internet and all that we live with in that realm.  Then we have our day to day with real estate, working with clients that are listing and buying homes and the timelines that are within the contract and staying up with all of that.  NO I AM NOT COMPLAINING! Then, we have our spouse and family that want our time.  SLOW DOWN WORLD!!!  And dare I forget the dog.  NO I ...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
So you want to buy a foreclosure property, Right? Why would you want a foreclosure property in O Fallon Mo.?  Yes there are plenty of distressed properties in the area and you can probably get one for a good price.  There are a few things that you may want to know before you start your search. Just because a property has been on the market for ever and a day, doesn't mean that the seller would be willing to take a lowball offer.  Nor will take an offer that has a lot of give backs in it even if it is at list price.  Don't be surprised if they counter back at over list price or just reject the offer all together.  By the way, they won't cut down that dead tree in the back yard either. There could be damage that you cannot see.  Just because the home still has the copper pipe and the air ...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Our office had our Tuesday meeting this morning - nothing unusual about that... We went on tour afterwards - nothing unusual about that... The last home we toured in O'Fallon, Missouri, had a lunch waiting for us - nothing unusual about that...  Oops!  Wait a minute!  There was something a little bit different... This wasn't just food.  This was a feast!: BBQ chicken, hamburgers, brats, A scrumptious salad An absolutely delicious potato salad with bacon, cheese and chopped green onions Cherry cobbler and cookies for dessert!   Yummy!! It was catered by Ron & Janet Palitzsch - I highly recommend them!!  :) Service you Expect from a Realtor you can Trust! GRI, e-PRO www.SelectMyHome.net  314-640-7061 (cell)   Prudential Alliance, REA LTORS   636-887-3554 (office) Debi.Ernst@PrudentialAlli...
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