Thinking of selling your St. Louis home? You’ll be interested in what a recent STL Today article had to say:
We have the buyers. Where are the sellers?
For months, that’s been the cry of St. Louis real estate agents. They say potential homebuyers are giving up because they can’t find houses they like. There aren’t enough for sale.
The lack of for-sale signs on lawns — “inventory” in real estate-speak — is causing frustrated buyers to give up their search, agents say.
The number of homes sold was down 13 percent in the first three months of the year, compared with the same period last year in the St. Louis area. Sales in March were down 10 percent from the year before. April figures aren’t available yet.
“This is all driven by the lack of inventory,” said Russ Nolting, CEO of Keller Williams Realty. “The problem is not a lack of buyers. It’s that there is not enough to buy.”
That ought to give sellers the upper hand in negotiations.
If that doesn’t convince you to get your property listed ASAP, nothing will. There is a strong seller’s market in St. Louis right now, so if you’re looking to sell your home for a good price, you’d best act soon. You’ll have some work to do before you get your property sale-ready, but if you’ve been taking good care of your home, this shouldn’t be too big a problem.
To successfully close a profitable sale, make sure your home offers excellent value to buyers. There are a lot of home improvements you can do to add value to your property. One excellent investment would be new St. Louis windows.
Windows are not immune from wear and tear, so repairs and replacements are not unusual. If your windows are in fairly good condition, you may get away with just basic maintenance. It helps to get your windows checked by an experienced contractor. Jacob Sunroom & Exteriors, a home improvement company with more than 35 years of experience in the business, can help. They install high-quality St. Louis replacement windows manufactured by Park Avenue. Each of their windows carries a 50-Year limited warranty, a Lifetime Glass Breakage Limited Warranty, a Low Cost Assurance Pledge, and a 35% Fuel Savings Pledge.
(Article Excerpt from “Real estate pros see a seller’s market for homes in St. Louis”, STLToday.com, May 2, 2014)
