St. Louis Association of REALTORS(R) Presidents’ view of the market – Final Post of the series

Dennis Norman

Dennis Norman

By: Dennis Norman

Earlier this week I did part one  , and yesterday part two of my E-View with Carole Baras, CRS, GRI, ePRO, the 2009 President of the St. Louis Association of REALTORS(R) to get her take on the St. Louis real estate market.

Today I’ll pick up where I left off and complete my E-View with Carole:

Carole Baras, 2009 President, St. Louis Association of REALTORS(R)

Carole Baras, 2009 President, St. Louis Association of REALTORS(R)

Dennis – Carole, What do you feel are the best opportunities today for buyers in St. Louis?

Carole – Buyers that are looking to purchase a home and are first time buyers have NEVER had the opportunity they have today.  A GIFT of $8,000 (the first-time buyer tax credit) is unheard of in the past and first time buyers really need to take advantage of this offer. 

There are good properties available throughout St. Louis city and county.  St. Louis has many good neighborhoods and great housing stock.  We have good value for good homes.  There is NO Better Time and NO Better Place!

Dennis – How are things for sellers in St Louis city and county?  If someone currently owns a home and would love to sell their home and take advantage of some of the buying opportunities you mentioned, what would your advice be to them?  What can they expect when they try to sell their home?  What price ranges/types of homes are selling best?

Carole – Sellers need to look at their homes through a buyer’s eyes.  By that I mean get professional help from their REALTOR(R).  They have to make sure the home is in good condition and will be competitive against the other homes that are in the same price range and similar to theirs. 

The seller needs to listen to the advice of their REALTOR(R) and price their home aggressively.  This is very important so your home will shine and be noticed by the buyers that are out there looking. 

The most active sales are the homes that are priced under $250,000 and that is because of the first-time buyers that are actively buying.  All price ranges are selling and buyers are out there it just may take time to attract the right one.

Dennis- Recently I have heard a lot about HVCC (Home Valuation Code of Conduct) causing a lot of problems and costing people deals due to low appraisals as a result of use of appraisers that are not familiar with the local market.  Have you seen this?  What is your take on it?

Carole – Yes, this has been causing some problems and has caused deals to not go through because of appraisals not being completed on time and in many cases coming in way below the sale price that was agreed to by the parties.  As some times happens, when a wrong is being corrected, law makers tend to go the opposite extreme and this is the case with this situation (HVCC).  The National Association of REALTORS(R) is addressing this problem and has been actively working to try to get a moratorium on this legislation.

I would like to thank Carole Baras for taking the time to share her thoughts on the market with us.  As is evident by her responses, she is knowledgable, not to mention passionate, about St. Louis and about being a REALTOR(R). 

To read part one of the series please click here.
To read part two of the series please click here.

If you wish to reach Carole below is her contact information:

Carole Baras,
RE/MAX Results
4850 Lemay Ferry Road
St. Louis, MO 63129

Print Friendly, PDF & Email

23 comments to St. Louis Association of REALTORS(R) Presidents’ view of the market – Final Post of the series

  • Just wanna input on few general things, The website style is perfect, the content material is real excellent. “Art for art’s sake makes no more sense than gin for gin’s sake.” by W. Somerset Maugham.

  • I’m impressed, I have to say. Really rarely do I encounter a blog that’s each educative and entertaining, and let me tell you, you’ve got hit the nail on the head. Your thought is excellent; the problem is something that not sufficient persons are talking intelligently about. I’m very pleased that I stumbled throughout this in my search for something referring to this.

  • Hey very nice site!! Man .. Beautiful .. Amazing .. I will bookmark your site and take the feeds also…I am happy to find a lot of useful info here in the post, we need work out more techniques in this regard, thanks for sharing. . . . . .

  • It’s perfect time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I wish to suggest you few interesting things or advice. Maybe you can write next articles referring to this article. I desire to read even more things about it!

  • Definitely imagine that which you said. Your favourite justification seemed to be at the internet the simplest thing to be mindful of. I say to you, I certainly get annoyed even as people consider issues that they plainly don’t recognize about. You managed to hit the nail upon the highest and defined out the whole thing without having side-effects , other people can take a signal. Will likely be again to get more. Thank you

  • I have been exploring for a bit for any high quality articles or blog posts on this sort of house . Exploring in Yahoo I ultimately stumbled upon this website. Studying this info So i¦m satisfied to exhibit that I have a very just right uncanny feeling I found out just what I needed. I most unquestionably will make sure to do not fail to remember this site and give it a glance on a constant basis.

  • Hello! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a outstanding job!

  • I very like this blog. Everything is cleared.

  • Great info and straight to the point. I don’t know if this is actually the best place to ask but do you guys have any thoughts on where to hire some professional writers? Thanks :)

  • Great – I should definitely pronounce, impressed with your site. I had no trouble navigating through all the tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your customer to communicate. Nice task..

  • I’ve been browsing online greater than three hours as of late,
    yet I never found any interesting article like yours.
    It is beautiful worth enough for me. Personally, if all web owners and bloggers made good content as you probably did, the internet will probably be much more helpful than ever before.

  • Aw, this was a really nice post. In concept I wish to put in writing like this moreover – taking time and precise effort to make an excellent article… however what can I say… I procrastinate alot and certainly not appear to get one thing done.

  • Howdy! This post couldn’t be written any better!

    Reading through this post reminds me of my previous room mate!
    He always kept chatting about this. I will forward this page to him.
    Fairly certain he will have a good read. Thank you for sharing!

  • We are a group of volunteers and opening a new scheme
    in our community. Your site provided us with valuable information to work on. You’ve done an impressive job and our whole community will be grateful to you.

  • This paragraph is in fact a nice one it helps new web visitors,
    who are wishing for blogging.

  • There is clearly a lot to identify about this. I assume you made various good points in features also.

  • you have a great blog here! would you like to make some invite posts on my blog?

  • It’s actually a nice and helpful piece of info. I’m happy that you simply shared this helpful info with us. Please stay us informed like this. Thanks for sharing.

  • Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.

  • Great line up. We will be linking to this great article on our site. Keep up the good writing.

  • I got good info from your blog

  • hello!,I really like your writing very much! percentage we keep in touch extra about your post on AOL? I need an expert on this house to unravel my problem. Maybe that is you! Having a look ahead to peer you.

  • I’m still learning from you, while I’m making my way to the top as well. I definitely love reading all that is posted on your blog.Keep the aarticles coming. I enjoyed it!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>