This summer has been busy.  This was the busiest Summer season we have had in 5 years!  It is still the prime time of year for buying and selling real estate.  There are large numbers of homes at below-market prices & the Interest rates are hovering around 3.5% !!  The home sale numbers have been increasing every month since June 2011.  Now home values are starting to rise nationwide and also in St. Charles.

Rising home values helped 1.3 million homeowners get out from “underwater” in the first half of the year, and a 5% increase would give 2 million equity in their homes.

“Surging home prices this spring and summer, lower levels of inventory, and declining REO sale shares are all contributing to the nascent housing recovery and declining negative equity,” CoreLogic Chief Economist Mark Fleming said in a statement.

For more details you can read the entire article Rising home prices lift 1.3 million out from underwater

If you are thinking about buying and selling a home in St. Charles, working with a Real Estate expert than knows the St. Charles market can really help you.  Sandra Meranda specializes in the St. Charles and St. Louis county home markets.  Contact me for help with finding or selling your home.

According to Fannie Mae in April, both the expectation for home prices and the percentage who think the economy is on the right track is the highest it has been in the last 2 years.

• Americans expect home prices to go up
• Nearly 3out of 4 Americans think it is a great time to buy a home
• 37% of Americans think the economy is on the right track
• 23% reported significantly higher household incomes

A top real estate agent can help you make an informed decisions about how to buying a home in St. Charles.  My team specializes in St. Charles County and St. Louis County.

The busy Spring real estate season is here!  This is the time of year for buying and selling real estate in St. Charles.  There are large numbers of homes at below-market prices & the Interest rates are hovering below 4% !!  The home sale numbers have been increasing every month since June of 2011.  It is never too early to start getting your home for Spring also.  Contact me for details today!