O'Fallon, MO Real Estate News

By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Tips For O'Fallon MO For Sale By Owners... In these times of slow home sales and uncertain economic conditions I thought that I would start offering you some tips on a weekly basis.  This weeks' tip is how to hold a successful Open House.  Look in the local real estate section of your paper to determine the popular day(s) of the week and times for an open house. Schedule your open house at least one week in advance. Restrict the total hours of the open house.  Many buyers may visit your home at the same time.  Putting time restrictions limits your waiting for prospective buyers. Place directional arrows from 3-4 blocks away to help buyers find your home.  (Check your local city ordinance for sign restrictions.) Place a visible open house sign in your front yard. Leave space for buyers 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 11/16/08 – 11/22/08 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 595 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.  There is still time left for you to be in your new home before the New Year begins.   Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 35 280 262 18 Avg. List Price $142,964 $212,061 $307,136 $475,783 Avg. Days on Market 118 167 200 136           # Pending Home Sales 3 37 22 1 Avg. List Price $137,...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
I heard  some wonderful news on the radio this morning! It looks like O'Fallon is the third safest city in which to live!  This is according to crime stats  from the C-Q Press. Pretty cool, huh?  I just thought you'd like to know...  :) 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)
The 17th Annual Celebration of Lights, O'Fallon's drive through holiday display in Fort Zumwalt Park, O'Fallon, will open on Friday, November 28. The Celebration of Lights will continue nightly through Sunday, December 30, except on December 24 and 25, when it will be closed. Visitors can book a train ride or sleigh-hayride in advance, or cruise through the park in their vehicle. On Tuesday, December 9, visitors can tour the park on foot during the Old-Fashioned Holiday Stroll. The Celebration of Lights is sponsored by the City of O'Fallon with support from local businesses, and serves as a fund-raiser for not-for-profit organizations. Monday schedule (reservations required): No vehicles will be admitted on Mondays, which are reserved for train rides. All train rides must be booked at l...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Homebuyers in O'Fallon MO Information You May Need or Want There are many questions that you may have when it comes to home buying in O'Fallon MO, and the monthly mortgage payment is somewhere very close to the top of the list.  Here is a list of six (6) items that combine to make up your monthly mortgage payment. Principle balance: this represents the money you originally borrowed and are paying back over the life of the loan.*  The life of the loan could be 15 years, 20 years, 25 years or the ever popular 30 year mortgage. Interest on loan amount.*  Check with a reputable lender to find out the current interest rate.  If you do not know a lender check with you REALTOR® and they can give you the name of a couple of good lenders. Real estate taxes: Normally, 1/12 of the most recent tax ...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Residential homes sold in the Winghaven subdivision in O'Fallon, MO 11/1/06 - 11/15/06: Sold                                                                     2 Bd         3Bedroom         4 Bd     5+ Bd      All Bedroom     #Units 0 2 0 0 2       Dollar Value $0 $402,500 $0 $0 $402,500       Average List Price $0 $204,900 $0 $0 $204,900       Average Sold Price $0 $201,250 $0 $0 $201,250       Average Days on Market 0 85 0 0 85       Average Square Feet 0 892 0 0 892       % of List Price 0.00 98.22 0.00 0.00 98.22     Residential homes sold in the Winghaven subdivision in O'Fallon, MO 11/1/07 - 11/15/07: Sold                                                                      2 Bd       3 Bd       4 Bedroom      5+ Bd      All Bedroom     #Units 0 0 1 0 1       Dollar Value $0 $0 $...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Woo!  Hoo!  Gas prices are dropping again! The lowest I've seen it is at the Hucks gas station on Main Street in O'Fallon, Missouri.   Hang onto your hats...the price is:                                                                       1.65/gallon!! Now, that's something to cheer about...  :) 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 11/09/08 – 11/15/08 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 597 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.  There is still a great opportunity for you to be in your new home before the new year begins.   Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 35 279 265 18 Avg. List Price $143,848 $212,553 $306,076 $477,716 Avg. Days on Market 119 166 194 127           # Pending Home Sales 5 41 21 2 Av...
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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 11/1/06 - 11/15/06: Sold                                               2 Bedroom   3 Bedroom        4 Bedroom    5+ Bedroom  All Bedroom     #Units 3 16 10 2 31       Dollar Value $486,500 $3,285,063 $2,926,022 $591,500 $7,289,085       Average List Price $171,745 $206,562 $298,683 $304,900 $239,253       Average Sold Price $162,167 $205,316 $292,602 $295,750 $235,132       Average Days on Market 116 98 117 32 102       Average Square Feet 1407 1225 2343 3650 1760       % of List Price 94.42 99.40 97.96 97.00 98.28     Residential homes sold in O'Fallon, MO 11/1/07 - 11/15/07: Sold                                                    2 Bedroom     3 Bedroom       4 Bedroom      5+ Bd     All Bedroom     #Units 1 13 7 0 21       Dollar Value $142,000 ...
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By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
Have we reached the bottom, yet?  I'm not sure. Many gas stations in O'Fallon, Missouri have $1.79/gallon gas prices!  Can you believe it?  NEWS FLASH! Gas prices at the BP gas station in Wentzville, MIssouri have dropped to $1.78/gallon!  It looks like they may not have reached the bottom, yet...  :) 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)
Mr. & Ms. O'Fallon MO Home Seller Are You Ready For Your Open House? Sunday is just a couple of days away and there is not time like the present to begin getting ready for your open house.  Here are a few items that I have found helpful and may help keep you on track for a successful open house. The front and back lawn should be freshly cut, trimmed and cleared of all debris.  Leaves are a real problem this time of year. Remove any unnecessary items from the front of the house.  Old newspapers, flyers on the front door, etc. Remove any dirt from sidewalk or driveway.  A good broom sweep will work wonders. The front door should be freshly painted, if needed.  This is the time of year cobwebs are all over, check and see that they are not greeting the visitors at the front door. A colorful...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
O'Fallon Missouri Are You Ready For Winter?     If you are anything like me you have a very short memory and have already forgotten about the winter storms that we experienced in December 2007 and again in February of this year.  Now that I stop and think about it that may be the reason I don't like winter.  Oh well I digress.  Any way you look at it winter can be very unpleasant if you are not ready for it, so here are just a couple of things that you can do to make it a little more pleasant. Get your home and family ready: Prepare for possible isolation in your home by having sufficient heating fuel; regular fuel sources may be cut off.  For example, store a good supply of dry, seasoned wood for your fireplace or wood burning stove.  Remember the experience some of our neighbors had d...
Comments 6
By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
So are things really different today in selling my home? I was reading a checklist today that was written before I came into the business in 1998 and surprise of surprise, IT STILL HOLDS TRUE TODAY!  Now it may be tweaked a little bit but the six items still hold a lot of truth to them.  So I will share them with you and add a few remarks as I do.  6 Truths About Today's Marketplace •1.      Buyers buy after "shopping around".  In their search for the best buy they are comparing your property to the others currently on the market.  The biggest difference today is about 81% of buyers are searching the web before going out to view the homes they like the looks of.  So the question is do you have a really good web presence? •2.      Sellers control the pricing and salability of their homes...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Mr. REALTOR® I Would Rather Do It Myself! I appreciate you letting me know that you would rather sell your home yourself.  It was nice of you to give me a call to let me know so I would like to return the kindness.  You may have sold your home by owner before but as you may know, or maybe not, real estate contracts change from time to time.  There are additions and deletions, wording changes and contingencies that are added in our standard real estate contract.  The contract that you might use may not have some of these contingencies as standard wording but that does not mean the buyer cannot add them to the contract.  Here are some of those contingencies that could be added to an offer to purchase: •1.      Loan Approval Contingency--- How long do they have to get the loan commitment l...
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
OH You Don't Understand!    I want to price my home a little bit higher so I will have some wiggle room.  I don't want to give my house away, you know.  This is just one of the many comments we hear when listing a home.  Another common comment is, "I need all I can get in order to purchase my new home."  And now you have an overpriced listing accruing a lot of days on the market and missing potential buyers.  Mr. & Mrs. Seller I feel your anguish but if the home had of been priced correctly in the beginning it may have already been under contract or for that matter you might be in your new home. So why is it important to "RIGHT PRICE" your home from the start of the listing? Thank you for asking, I have 5 reasons why pricing your home correctly in the beginning is so-o-o-o-o-o very impo...
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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 thinking of placing an offer on a home! As a buyer you have been looking at homes for a long time either on the web or out with a REALTOR® and now you are ready to place an offer on your dream home.  As you know now is a GREAT time to buy and there are a lot of bargains in the market right now but, the sellers are not ready to just give away their home.  They may not even talk to you if you come in with a really low offer and I am sure that you would not want to offend them.  Here are five keys that may help you make your offer look GREAT. You will need to have proof of your ability to pay......so have evidence of loan approval or cash.  A pre-approval letter from your lender is the best.  If you haven't talked with your lender about this yet I would suggest that you do it to...
Comments 7
By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Have you ever considered Public Service?  I think that I have just been paid the ultimate compliment! Yesterday I was invited to have coffee with who I believe will be the next Mayor of O'Fallon Missouri. So, we meet at St. Louis Bread Company at 8am as planned and sit and talk for about an hour.  Things like what is going on with me and the real estate market.  You see he is also a REALTOR® so we do have some things in common.  We have an enjoyable time and then he looks at me and says "Have you ever considered public service?"  GULP!!  He tells me that he would like me to consider one of two options, either an appointment to fill his vacant seat OR run for election to the other seat in the ward as a city councilman. I'm thinking why me?  Any thoughts?
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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 10/26/08 – 11/01/08 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 644 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.  This is a great opportunity for you to be in your new home before the holidays. Residential:           2 Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms Active # Homes 43 306 273 22 Avg. List Price $164,261 $215,319 $306,962 $450,354 Avg. Days on Market 175 161 187 121           # Pending Home Sales 5 39 22 4 Avg. List...
Comments 8
By Debi Ernst, GRI, e-PRO, Broker/Sales Associate
(St. Charles County, Missouri - Prudential Alliance Realtors)
I don't know if this is happening everywhere or just around here in O'Fallon, Missouri,  but I heard that Starbucks is giving away a free cup of coffee,                                                               and Krispy Kreme is giving away a free donut                                                                     to all those who have an "I Voted Today" sticker! So, after you vote tomorrow.....Don't forget you sticker!  :)
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By Don Rogers, Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
(Keller Williams Realty Chesterfield)
Some fun things are going on in my neighborhood of O'Fallon MO, Can you believe it we are already in November, before you know it it will be Thanksgiving and then Christmas and all of a sudden we will be into 2009.  Where has this year gone to?  The older I get the faster the years go by.  Oh well I digress.  Here are some of the things going on in O'Fallon Mo this month:  Sunday November 2nd from 10am - 3pm:  Doll & Bear Show & Sale This will be held at The Columns Banquet Center, 711 Veterans Memorial Pkwy. , St. Charles.  You will find antique & collectable dolls, bears & accessories.  Adults $4, Child 12 and under FREE.  If you want to be an early buyer come at 9am for $10.  Call Gayle at 314-822-9100 for more information. Tuesday November 4th don't forget to VOTE.  It is our right ...
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