Karen Schindler's St. Louis Real Estate Update

New Listing: Put This Home on Your MUST SEE List!

6436 COLVER AVENUE, AFFTON, MO 63123
3BR 2B                  $134,500

Clean, pristine and updated you will want to call this great house your new home! 2+ bedrooms with 2 full baths & a finished lower level make this home a joy to live in. Updated kitchen, electric, plumbing, water proofed basement, insulated windows, new sewer line, all new central air conditioner & furnace make this house a breeze to own for years to come! This brick home features the historic charm and character you desire with beautiful hard wood floors and the modern conveniences you want such as 2 bathrooms, surround sound/cable/video on both levels, professionally installed closet organizers & 2 Murphy beds to maximize space. The master bedroom is even large enough to accommodate a king size bed. A rare treat! The finished walk out lower level has a great recreation room & could allow for a 3rd sleeping area. Covered back porch & landscaped level fenced yard top it off. GET HERE QUICK! HOMES IN THIS CONDITION DON'T LAST! CALL TO SEE TODAY!

  

 

For more information or to schedule a showing, Call Karen at (314) 966-2626

Just Sold!

It was my pleasure helping the McKenna family sell their home in Affton.  Thank you for choosing the Karen Schindler Team!

6323 Vita Drive, Affton, MO

Another Happy Ending

Congratulations to the Harris family on the sale of their mother's condo.

It was a pleasure to work with you.  We wish you many happy years ahead.

5375  N. Kenrick Parke Dr,  Webster Groves, MO 

   

Thank you for trusting our team to get this condo sold.

7439 Rockwood Drive - Just Sold!

Thank you for choosing the Karen Schindler Team to sell your home!

7439 Rockwood Drive, Affton, MO

Average Buyer Can Afford $20,000 More Home!

According to National Association of Realtors President, Charles McMillan, "With the drop in interest rates, a median-income family can afford a home costing $20,000 more than a year ago for the same monthly mortgage payment."

Do Interst Rates Matter?

Our interest rates are at all time historic lows.  Some buyers don't understand how this benefits them, so I wanted to show you a real life example.

Let's say you wanted to purchase a new house, and the amount of money you would borrow for a mortgage is $200,000. 

If your interest rate were 8.5%, your principal and interest payment would be $1,538.

If your interest rate were 6.5%, your principal and interest payment would be $1,264.

If your interest rate were 4.5%, your principal and interest payment would be $1,013.

As you can see, interest rate can make a more than $500 a month difference in reduction of yourmonthly payment at today's low rates.  Will you be one of the wise people to seize the opportunity of today's market?

Help for Struggling Home Owners

The US Government recently unveiled a website to inform struggling home owners of the government resources available to them.  Home owners can find out answers like:

Can I refinance my house? 

How do I request a loan modification?

Where do I go for help?

Do I qualify?

What lenders are participating?

Where can I apply?

How do I know if refinancing will improve my ability to stay in my home?

Get answers to these and other questions at

www.MakingHomeAffordable.gov

Affordabilty, Low Rates & Desire to Buy Provides Hope

Affordability, low rates, desire to buy provide home for the US Housing Market.  Housing affordability now stands at its best level since 1971.  This greater affordability helped boost home sales in February.  Especially strong was the activity attributed to first-time buyers, who represented half of all home purchasers this month.  The $8,000 tax credit helped move many of these first time buyers out of rentals and into their own homes.

Just Sold!

 

We were able to help The Cobb's just sell their house in Affton!  It was great to work with you both and hopefully we will be in touch again soon.  Congratulations to Tim, the new home owner!  Welcome to the neighborhood!

 "Thanks so much for all the hard work the two of you did to get this sale completed for us.  You cannot know the relief you have given to my brother and I.  We truly appreciate your efforts."--Becky Cobb

January St. Louis Housing Stats

Housing statistics for January 2009 are now available! 

The following chart displays the average prices, homes sold and median prices from 2007 to the present.  The second page displays statistics on resale (existing) homes for the St. Louis Area. Please view the link below:

Download JAN09STL[1]