Speaking at the NAR Virtual Legislative Meetings on May 12th, Consumer Financial Protection Bureau Director Kathy Kraninger announced that the CFPB is stepping up its education and assistance available to consumers during the pandemic. A one-stop website has been created by the Federal Housing Finance Agency, the U.S. Department of Housing and … [Read more...]
Intro to Alliance STL: St. Louis Regional Economic Development
Click HERE to join the webinar on May 28th Click HERE to download the Flyer … [Read more...]
*NEW ITEMS* Click to SHOP at St.Charles REALTORS®
CLICK HERE TO SHOP NOW … [Read more...]
Real Estate Sales Added $49.6 Billion to the Missouri Gross State Product in 2019
Every home sale in 2019 added at least $54,741 to a maximum of $184,763 to the economy of in 2019, according to National Association of REALTORS reports. And economists point out that home sales can have the same economic boost during the coronavirus pandemic, too. In Missouri, each home sale added an average of $59,599 to the state's economy. … [Read more...]
Study Reveals the Best Months to Sell A Home
Homeowners seeking t premium when selling their home should eye the months of May and June, a new analysis from ATTOM Data Solutions shows. The study is based on 33 million single-family home and condo sales between 2011 and 2019. It does not take into account the effect of the current COVID-19 pandemic on home sales this year. Over the … [Read more...]
More Banks Halt HELOCs
Financial Institutions have been tightening up on lending in recent weeks due to the COVID-19 pandemic, and home equity lines of credit have become the most recent target. JPMorgan Chase and Wells Fargo are the latest bank giants to announce that they will no longer be accepting applications for new HELOCs. The change does not impact the bank's … [Read more...]
ST. CHARLES REALTORS® Open By Appointment
To the Members of our St. Charles REALTOR Family: We are all living thru an unprecedented time in our world, nation and community. Rest assured that the leadership and staff of our St. Charles REALTORS family remain steadfast and committed to our mission to help you succeed and serve your customers and clients in these difficult times. While … [Read more...]
FHFA Won’t Require Lump-Sum Payment After Forbearance
The Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, said Monday that it will not require homeowners who take mortgage forbearance due to financial hardship from the COVID-19 pandemic to make up the missed payments in a lump sum. The FHFA made the announcement after news stories cautioned that homeowners … [Read more...]
MAY 1-7 Help is Needed Collecting for Local Kids
CLICK HERE MAY 1-7 TO DONATE CLICK HERE FOR PDF Please share this PDF with your offices and contacts. … [Read more...]
Survey Shows Calmness and No Panic Selling By Sellers
Nearly 3 in 4 REALTORS currently working with sellers this week - 74% - reported their clients haven't reduced listing prices to attract buyers according to a new survey from the National Association of REALTORS. This suggests interested home sellers are remaining calm and avoiding panic selling during the uncertain economic environment brought … [Read more...]
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