Tuesday, February 14, 2017

beautifully maintained Ellisville 2-story w/curb appeal (Real Estate Homes)

beautifully maintained Ellisville 2-story w/curb appeal (Real Estate Homes):



Pristine & beautifully maintained Ellisville 2-story w/curb appeal, 5 bedrooms, 3 full and 2 half baths w/approx. 4500 sq ft of well-appointed living space. Special amenities include stunning 2 story entry with a t-staircase, beautiful hardwood & tile flooring, vaulted ceilings, bays, Palladian windows, plant shelves. Home sits on a beautifully landscaped, private .42 acre cul de sac lot, backing to trees & common ground with patio. Additional amenities include 3 car garage, central vacuum, zoned HVAC & AAA rated Rockwood Schools. New interior paint, New James Hardie cement siding & Roof (50 Yr Warranty Architectural shingles), New 2 central AC units/ Furnaces, Hardie Board porch ceiling for great looks and easy maintenance. Home is across the street from Ridge Meadows Eliminatory School, Upgraded Kitchen with Marble Counter Top & 32 Inch Cabinets with Full Finished Basement(Lower Level is really nice for relaxing family time & casual entertainment with lovely office/hobby room ect.,)
804 Springbirch Ct, Ellisville 63021
 
to view call 314-629-4435
 





Laura Ludwig

http://www.lauralei.net


314-503-1186



Ask about our$195 Flat Fee MLS Listings

Lauralei Properties, LLC

Friday, February 03, 2017

housing market - feds leave rates unchanged this week

Please enjoy this quick update on what happened this week in the housing and financial markets.


The Fed concluded the most recent FOMC meeting and announced there would be no policy rate increases. The next FOMC meeting is scheduled for March 14/15.
Economic activity in manufacturing expanded in January, surpassing economists' expectations. Manufacturers grew at the fastest pace in more than 2 years.
The Consumer Confidence Index dropped in January after reaching a 15-year high in December. Despite the slight drop, consumers remain confident overall.

Construction spending was down slightly overall in December. However, spending on residential structures was up 0.5%.
Despite an increase in mortgage rates, pending home sales rose 1.6% in December compared to November. Sales were up 0.3% year-over-year.
Home prices continue to rise, up 5.6% in November according to Case-Shiller. Increases are supported by rising personal income & decreasing unemployment.


When an employment application asks who is to be notified in case of emergency, I always write, “A very good doctor."

Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.


Sincerely,
Christopher Gianino
Pinnacle Real Estate Advisor by Gershman Mortgage
Vice President
NMLS 252641
(314) 280-5662
cgianino@gershman.com
www.PinnacleRealEstateAdvisor.com

Wednesday, February 01, 2017

Federal Funds Rate to remail low

The Federal Reserve met today and decided that the Federal Funds Rate will remain low - holding steady between 0.50% and 0.75%.

Since financial market experts predict several rate increases in 2017, now is the time to get your finances in order before mortgage rates rise.

When the Fed Funds Rate is low, the Fed is attempting to promote economic growth. This is because the Fed Funds Rate is correlated to Prime Rate, which is the basis of most bank lending including many business loans and consumer credit cards.

It's a common belief that the Federal Reserve "makes" consumer mortgage rates. It doesn't. The Fed doesn't make mortgage rates. Mortgage rates are made on Wall Street.