O'Fallon, MO Real Estate News

By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Do I need an agent when buying a home? If you ask any REALTOR® that question they will tell you YES without even batting an eye.  Now me on the other hand will ask you 9 questions and then answer the question.  You see there are several items that a professional real estate salesperson can provide to you while in pursuit of your new home.  So ask yourself these questions if you are considering going it alone in your purchase of a new home without the assistance of a real estate professional. Do I have time to research the residential housing market? Do I have the knowledge to integrate and understand the information available to me? Can I integrate the information available on the real estate internet sites into useful data that can help me accomplish my goal of home ownership? Do I hav...
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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 01/18/09 – 01/24/09 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 505 homes on the market of various sizes and prices.  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 $7,500 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 32 236 221 16 Avg. List Price $177,847 $209,206 $311,249 $550,337 Avg. Days on Market 223 177 220 131           # Pending Home Sa...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
A not so Wordless Wednesday....... I am glad this snow is over.  OK Jesse, I know that this is NOTHING like you would get way up north but, this 6 inches is just tooooooooo much for this old man.  I've got pains in places that I didn't even know I had places. Ain't that glitter just BE-U-T-FUL? Boy o Boy, I am so not ready to do this shoveling!!   Two hours later a clean driveway and...... Mounds and...... Mounds of Snow!!! So, Jesse where do you want that Igloo built?
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
I just finished looking at the radar, and it looks like the snow and ice are coming our way (O'Fallon, Missouri)!   I'm nice and cozy in my home, but my son has to get out in it to go back to college. It's really beautiful to look at, but dangerous to drive in... Be Careful Out There!    :) Service you Expect  f rom 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)
So you are considering a Condo in O'Fallon MO There are different lifestyles for different tastes and needs.  One of those lifestyles is a condominium where life is easy.  There is little, if anything, to care for on the outside of the condo.  Just one thing, have you considered some of the following?       Why do I want to buy a condominium?  Make a list of all the reasons you want a condo rather than a single family detached house. Is what you are looking at really a condominium?  If you want a condo be sure you are not buying a look-alike (ex: townhouse, zero lot line, etc.).  Make sure it is technically a condominium. Pay close attention to the covenants, restrictions, by-laws, indentures, etc. Don't hesitate to contact the "Board of Directors" for questions and concerns.  This is t...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Are you a realistic O'Fallon MO homebuyer in today's marketplace? Homebuyers in OFallon MO as well as St Charles County MO should be realistic in today's market.  When there are realistic expectations the end result will be favorable, there will be a closing, and everyone involved in the process are all smiling long after the close. So, to help you in this process, here are a few points to ponder before starting and during your home buying process. There is no perfect house.....when you find a house/property that is consistent with your top few priorities-consider writing an offer.  Seldom does a buyer find a property that has more than 85% of what they want/need.  I can attest to this, I had my home built and 6 months after moving into it I was wondering why I didn't have other things ...
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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 in 2008:    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)
Market statistics for the city of OFallon MO during the week of 01/11/09 – 01/17/09 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 509 homes on the market of various sizes and prices.  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 $7,500 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 34 238 219 18 Avg. List Price $173,087 $210,276 $310,222 $537,822 Avg. Days on Market 208 179 221 125           # Pending Home Sal...
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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 01/04/09 – 01/10/09 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 511homes on the market of various sizes and prices.  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 $7,500 tax incentive available now is a good time to buy a new home. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 36 238 220 17 Avg. List Price $169,173 $210,945 $312,049 $551,217 Avg. Days on Market 207 179 219 125           # Pending Home Sal...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
I asked myself this question the other day when gas prices jumped up 10 cents/gallon in O'Fallon, Missouri. This morning, while listening to the radio, the broadcaster asked the same question and then gave us the answer. Are you ready for this...?  Here is is: Gas prices went up because the big guys in charge are "thinking about" lowering production.  Did you get that?  "thinking about"! The lowering of production hasn't actually taken place, and it might not even happen.  However, they are "thinking about" it...    I hope they're careful about what they "think about" in the future....    :) 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)
Chef Lauren is Returning to Vintners Cellar in O'Fallon Mo........ Last year we enjoyed some really good times of wine tasting and some really nice and easy food items presented by Chef Lauren and Vintners Cellar in O'Fallon MO.  I was hoping that Regina & Lee Ruppert, owners, would do this again in 2009.  And sure enough they are bringing Chef Lauren back.  These are a whole lot of fun and fill up fast so do not forget to get your reservations in early! Some up coming events coming to Vintners Cellar that may be of interest to you: January 20 6:30pm:  Culinary Chef Lauren McCabe will be warming us up with two types of soup.  This is by reservation only so please call soon to reserve your spot.  Cost is only $15.00 to enjoy a glass of wine and samples and take home recipes of her wonder...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Residential homes sold in O'Fallon, MO 1/1/06 - 12/31/06:                                                2 Bd.                   3 Bd.                  4 Bd.                 5+ Bd                 All Bd. Sold     #Units 99 700 597 39 1435       Dollar Value $14,308,467 $132,100,418 $163,762,335 $12,325,590 $322,496,810       Average List Price $147,858 $192,559 $281,450 $326,541 $230,098       Average Sold Price $144,530 $188,715 $274,309 $316,041 $224,736       Average Days on Mkt. 73 67 82 76 73       Average Square Feet 745 1139 2010 2753 1518       % of List Price 97.75 98.00 97.46 96.78 97.67     Residential homes sold in O'Fallon, MO 1/1/07 - 12/31/07:                                                  2 Bd.                   3 Bd.                 4 Bd.                   5+ Bd.     ...
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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 12/28/08 – 01/03/09 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 495 homes on the market of various sizes and prices.  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.  So here are the statistics for the week of New Years Day and believe it or not homes are still being bought and sold.  Not to mention that there is still a very good choice of homes and villas in all price ranges and areas to choose from!  With interest rates being at an all time low and the $7,500 tax incentive available now is a go...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
So, What Happened With The St. Charles County Missouri Real Estate Market in 2008? This is a question that was asked throughout 2008 on a daily basis; and will quite possibly be asked in 2009.  Here is a 2008 overview of the market in St Charles County MO. At the start of 2008 we had approximately 14 months of housing inventory in St. Charles County.  At the end of December 2008 we had approximately 11 months of housing inventory.  So we are seeing downward movement in our housing supply.  However, there is still a good supply of housing in all price ranges and styles.  The average days on market are currently at 91 days for single family homes and 109 days for the condo/villa lifestyle.  At the end of 2007 the days on market for single family homes were 80 and for the condo/villa lifes...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Are you looking to buy a new O'Fallon MO home in the New Year? As we move into the new year I am sure that there will be many who will be looking to purchase a new home in O'Fallon MO soon.  There may even be some that have been looking for some time and haven't gone any further than just looking.  There have been missed opportunities in 2008 but there are still plenty of homes to choose from throughout OFallon MO and St. Charles County MO.  2008 may not have been the right time, but if you are still looking, for a new or first time home 2009 is your year to make the move.  If you have been waiting for home prices to come down, they have.  In O Fallon Mo the average list price of single family homes is $259,288 and for condos/villas the average list price is $164,739. If you have been w...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Have you ever received or even sent out a card like this? Wow, is it New Years already? Where did the time go? So much has happened this year in the real estate market. So much has changed. Once you've settled in to the New Year, brush off the confetti and give us a call.................... Chances are we all have at one time or another, I know that I have. It seems though the older I get the faster time flies.  I wonder why that is?  We are all given the same number of day in a week or even a year.  For the sake of argument, that is 7 days in a week and 365 days in a year.  Each one of the days has 24 hours and we have already used up one of the days in this New Year.  2008 was Leap Year plus a leap second, I'm not sure about you but I am not sure with the added day and the leap second...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Residential homes sold in O'Fallon MO 12/1/06 - 12/31/06:                                                         2 Bd.                 3 Bd.                 4 Bd.               5+ Bd.             All Bd. Sold     #Units 4 53 56 2 115       Dollar Value $522,000 $10,382,353 $15,607,237 $626,000 $27,137,590       Average List Price $135,525 $201,940 $292,491 $339,700 $246,120       Average Sold Price $130,500 $195,893 $278,701 $313,000 $235,979       Average Days on Market 46 83 104 52 91       Average Square Feet 1051 1230 2265 2609 1752       % of List Price 96.29 97.01 95.29 92.14 95.88      Residential homes sold in O'Fallon MO 12/1/07 - 12/31/07:                                                                 2 Bd.                  3 Bd.                  4 Bd.        5+  Bd.        ...
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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 12/21/08 – 12/27/08 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 516 homes on the market of various sizes and prices.  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.  So here are the statistics for the week of Christmas and believe it or not homes are still being bought and sold.  Not to mention that there is still a very good choice of homes and villas in all price ranges and areas to choose from!  With interest rates being at an all time low and the $7,500 tax incentive available now is a good ...
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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 The Bald Eagles are Back in the Area... I have always been fascinated by the bald eagle and for the past fifteen years I have been able to see them every year when they return to our area.  There are several areas that we can go to and one of them is just a short drive from O Fallon MO up Hwy. 79 along the Missouri River to the small town of Clarksville MO.  There you can view them nesting in the trees along the Missouri River and fishing all day long.  They are such a sight to see and if you have never seen them this is a great time to take a day trip to Clarksville MO and check them out.  They are a beautiful sight to see and by the way don't forget to bring your camera to capture the moment.
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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 12/14/08 – 12/20/08 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 516 homes on the market of various sizes and prices.  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.  So here are the statistics for the week before Christmas and believe it or not homes are still being bought and sold.  Not to mention that there is still a very good choice of homes and villas in all price ranges and areas to choose from!  With interest rates being at an all time low and the $7,500 tax incentive available now is a g...
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