2 Rockwood Trail Ct, St. Charles, MO 63303

By Russell Nolting | Published: September 27, 2011

Beautifully updated all brick 2 story on 3+ acres in the gated enclave of luxury homes overlooking the Missouri River! Everything is new– gorgeous custom vaulted kitchen by Archway with WOLF, SubZero, and ASKO (wine cooler, 2 ovens, 5 burner, downdraft cooktop, etc.), granite everywhere, undercabinet lighting, walk in butler’s pantry, glass-front, lighted cabinets, and contrasting center island with breakfast bar. Large 2-story sunroom with beamed ceiling and palladian windows overlooks wooded backyard, Katy Trail, and River. Hardwood floors throughout. … Continue reading 2 Rockwood Trail Ct, St. Charles, MO 63303

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St. Louis Residential Real Estate Statistics

By Russell Nolting | Published: September 27, 2011

The biggest news for St. Louis and national real estate this week is coming from the mortgage industry. Mortgage interest rates have dropped below 4% for a conventional 30 year fixed-rate loan. While the vast majority of loan applications are for refinances, we are seeing a pick up in purchase activity as a result.

Posted in blog, Community, First Time Homebuyers in St. Louis, Home Buyer and Seller Tips, Luxury Home Statistics St Louis, Market Update, pending real estate sales, Real Estate Sales in St. Louis, Sellers, St. Louis Community Resources, St. Louis Real Estate Buyers, St. Louis Real Estate Sales Statistics, The Nolting Report | Comments closed

St. Louis Residential Real Estate Statistics

By Russell Nolting | Published: September 13, 2011

With inventory holding steady and pending sales increasing slightly, the data found on the Nolting Report points to good news this week. In fact, our months of inventory average number has now dipped into the 6 – 7 range for the first time in a long while. While this number still indicates a buyer’s market, it is awfully close to a balanced market. I’m continuing to expect a healthy fall sales season as buyers who waited out the summer’s political … Continue reading St. Louis Residential Real Estate Statistics

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St. Louis Residential Real Estate Total Market Overview

By Russell Nolting | Published: September 5, 2011

Within the last 7 days, Active Listings have dropped from 3993 to 3931 as many listing agreements expired on the last day of August.  We also saw a large number of end of the month closings, resulting in a our Pending number dropping from 1011 to 937.  This week should show a healthy beginning of the fall market in St. Louis as continued low interest rates push those who have been sitting on the sidelines onto the playing field.  

Posted in blog, Community, First Time Homebuyers in St. Louis, Home Buyer and Seller Tips, Luxury, Market Update, Moving to/from St. Louis, pending real estate sales, Real Estate Sales in St. Louis, Sellers, St. Louis Community Resources, St. Louis Real Estate Buyers, St. Louis Real Estate Sales Statistics, The Nolting Report | Comments closed

U.S. set to Sue Big Banks Over Mortgage Securities

By Russell Nolting | Published: September 2, 2011

According to Fox News, The Federal Housing Agency, which oversees U.S. mortgage giants Fannie Mae and Freddie Mac is preparing to file suit against more than a dozen big banks. “The suits– which seek billion in compensation– allege that lenders including Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank inaccurately represented the mortgage securities they put together and sold during the housing bubble.” This recent word of suit has affected the stock market significantly.  This could possibly be … Continue reading U.S. set to Sue Big Banks Over Mortgage Securities

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240 Northlind Dr, Defiance, MO 63341

By Russell Nolting | Published: September 2, 2011

  With 3 beautiful acres, a beautifully appointed ranch home, a detached garage with full, 1 bedroom apartment (including nice bath, full kitchen, family room, and bedroom), and a newer in-ground pool, this Defiance executive home has it all. The long circle drive leads you to the well-manicured entrance. From the foyer with nice hardwoods, your eye is lead through the massive great room to the wall of windows overlooking a private backyard. The study and dining room flank the … Continue reading 240 Northlind Dr, Defiance, MO 63341

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Lance Kendricks Making an Impact

By Russell Nolting | Published: September 2, 2011

Lance Kendricks has been an integral part to the Rams offense since training camp started after the lockout. During preseason Kendricks made his debut and doesn’t look like he is about to slow down at any point. The second-round tight end has led the Rams in receiving this season, catching 11 passes for 155 yards and three scores. The St. Louis Rams will open up the regular season against the Philadelphia Eagles on Sunday September 11 at noon. The Rams … Continue reading Lance Kendricks Making an Impact

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429 N. Mosley Road in Creve Coeur, MO

By Russell Nolting | Published: August 31, 2011

If you’re looking for a cookie-cutter McMansion, you’ve come to the wrong place! This luxurious brick/stucco ranch is for someone special. You must appreciate the strong connection between indoor and outdoor spaces–the pool, spa, al-fresco dining room, and outdoor living area with gas fireplace are all accessed from 5 sets of doors located in the Great Room, Dining Room with canopy ceiling, and three bedrooms suites. This home is an interesting mix of open entertaining areas and quiet, secluded spaces … Continue reading 429 N. Mosley Road in Creve Coeur, MO

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St. Louis Residential Real Estate Total Market Overview

By Russell Nolting | Published: August 30, 2011

In this week’s St. Louis Real Estate update, there has been a slight decline in the number of active listings and month of inventory. This could be a direct result of people getting back into the swing of “school time” for their children putting the real estate market on the back burner. Although, with interest rates still at record lows there should be an increase in houses being sold for the next coming months. If you are a seller in … Continue reading St. Louis Residential Real Estate Total Market Overview

Posted in blog, Community, Home Buyer and Seller Tips, Luxury, Luxury Home Statistics St Louis, Market Update, Moving to/from St. Louis, Real Estate Sales in St. Louis, Sellers, St. Louis Community Resources, St. Louis Real Estate Buyers, St. Louis Real Estate Sales Statistics, The Nolting Report | Comments closed

St. Louis Residential Real Estate Total Market Overview

By Russell Nolting | Published: August 25, 2011

This week’s slide in the number of Pending Contracts in St. Louis is  accompanied by a reduction in the number of ACTIVE listings.  In fact,  from a statistical standpoint, your home continues to have the same  statistical likelihood of being selected by the buyer pool — fewer  buyers have fewer homes to choose from.  Typical expectations for the  2nd half of August — showings tend to be on the slow side as families  focus on getting their kids back to … Continue reading St. Louis Residential Real Estate Total Market Overview

Posted in blog, Community, Home Buyer and Seller Tips, Luxury, Luxury Home Statistics St Louis, Market Update, Moving to/from St. Louis, pending real estate sales, Real Estate Sales in St. Louis, St. Louis Community Resources, St. Louis Real Estate Buyers, St. Louis Real Estate Sales Statistics, The Nolting Report | Comments closed

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