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O’Fallon, St. Peters are recognized in Money Magazine’s Best Places to Live among small U.S. cities.

July 19th, 2010

Both cities are praised for affordable housing, and as great places to raise families.

Our hearty congratulations go out to O’Fallon and St. Peters for being recognized in Money Magazine’s Best Places to Live 2010! Communities in St. Charles County routinely appear on many “Best of…” lists and this time O’Fallon checked in at 26 and St. Peters took the 60th spot.

O’Fallon was noted as home to several corporate offices, including MasterCard, which helped keep the unemployment rate under the national average. Also highlighted is O’Fallon’s 400 acres of parkland, affordable homes at a median sale price of $172,250, low crime, plenty of restaurants and nearby cultural attractions.

Celebrating its centennial year, St. Peters was ranked in the top 100 as a small city “…older and more established than some of its neighbors. That gives the place character and makes many houses more affordable.” St. Peters Mayor Len Pagano is especially pleased with the designation during the Centennial because “we’ve talked about how we owe a lot to our history and the great planning that took place through the years.”

The survey, in the August 2010 issue, considered small cities within the 50,000-300,000 population range. Locally, St. Charles, St. Louis and Florissant were noted in the unranked contenders. Eden Prairie, MN, topped the list. The survey focused on small cities that offered jobs, good schools, safe streets, low crime and lots of activities that benefit raising a family.

St. Louis region ranked in top 10 best housing markets

March 29th, 2010

Our area is also a “best-bang-for-the-buck” and home prices edge up.

It seems as though St. Louis has a lock on the good news department lately. Our region was selected for two Forbes.com lists and home prices are moving up. If you’re shopping for a house, St. Louis is one of the best markets, according to Forbes.com. The magazine recently released their list of Top 10 Best Housing Markets and St. Louis landed in the number eight slot. The list is based on the stability of each metro area as measured by affordability rankings and foreclosure rates as an indicator of a lack of excess inventory, making the top cities what they call the best opportunities for home shoppers. The top 10 housing markets include: Pittsburgh, PA, Louisville, KY, Houston, TX, Minneapolis, MN, Indianapolis, IN, Memphis, TN, Columbus, OH, St. Louis, Dallas/Ft. Worth, TX and Austin, TX.

In another Forbes list, St. Louis made the “Best-Bang-For-The-Buck Cities” analysis. This top 100 list is based on solid housing markets, relatively stable employment, a low cost of living and quick commutes.

Home prices are on the way up too, growing for the second straight month in January–up 0.6%, according to real estate data firm First American Core Logic’s Home Price Index. In December the year-over-year increase was 1.54 percent, the first positive number after at least nine months of declines. Nationwide, prices are still falling, down 0.7 percent in January, according to First American.

All good news as we look forward to a spring surge in home sales.

Written by Myra Vandersall

Lake Saint Louis is one of the BEST places to live in America!

July 15th, 2009

Congratulations to the residents of Lake St. Louis! The community placed ninth in the top 10 places to live in Money magazine’s annual listing of the best 100 places. SCHNEIDER Realtors’ own Jane Nicoletti can testify first hand–she’s lived there for more than 20 years and loves Lake Saint Louis.

“Now my grandchildren can enjoy the pool, the parks and walk along the boulevard,” she says. “and there’s shopping galore. How great is it that we made it in the top 10 cities to live list!”

Money magazine’s criteria for the top 100 list is based on school ratings, home prices, employment levels and crime statistics. The magazine judges communities between 8,500 and 50,000 residents.

With it’s five parks, two lakes, three golf courses and a 650-horse equestrian center, Lake Saint Louis has evolved from a resort town to a thriving family-centered community that is projected to have a strong job growth over the next five years.

Last year St. Peters, O’Fallon and St. Charles made the list. Seems like our little corner of the world is doing just fine!

Check out homes in these great places to live!

Top 10 Reasons to Buy Real Estate Today… Window of Opportunity

February 25th, 2009

10. The First Time Home Buyer Tax Credit of $8,000 can generate $100,000 Net Equity or Net Worth in 8 years with an average of 5% annual appreciation!

9. 8 out of 10 economists agree homes will appreciate over the next 5 years.

8. St. Charles has been selected by Forbes & Money Magazines as the “Top 100 places to live” and one of the Top 10 areas poised for early Real Estate recovery.

7. Home prices and Interest rates are low and home inventories are plentiful, this is a true Buyers Market.

6. It has been proven that it is Better to “Buy Real Estate and Wait” than to “Wait and Buy Real Estate”.

5. Historically, real estate downturns have lasted from 18 to 24 months. This current market peaked at its highest values in July 2006, suggesting we are at or near the current down trough.

4. 70% of Loans today are FHA Assumable Loans. If a buyer today locks a 30 year rate of 5%, this will make that home more marketable in the future when it is time to sell.

3. Interest rates are the lowest in our lifetime nearing 5%! In the last two Buyer’s Markets, rates were 18% to 20% in the early 1980’s and 11 to 12% in the early 1990’s. The average Mortgage Rate over 44 years was 9%.

2. A 1% increase in Mortgage Rate on a $150,000 home equates to a $100 per month increase in payment or $1,200 per year and $36,000 more over a 30 year loan. It is twice that on a $300,000 home or $72,000. Waiting has its perils.

1. Buy Low / Sell High…Basic Investing Economics at play.

All Indicators suggest the time to buy…is NOW!!!

Best Place to Live

October 8th, 2008

Exactly what is happening in your neighborhood and your county? With the
Grant Hickman Team Market SnapShot, you can know exactly what is happening
in your neighborhood. And, according to MLS, St. Charles County dipped by
just 103 fewer homes sold this year than in 2007 in September. In contrast,
more homes were sold in the cities of O’Fallon and Wentzville this year in
September than last year during the same time.

In fact St. Peters, St. Charles, and O’Fallon, Missouri were all chosen by
Money Magazine’s Best Places to Live 2008. O’Fallon was also chosen as one
of Relocate-America’s Top 100 Places to Live in 2008.