ST. CHARLES COUNTY, MO — In an effort to bolster the American dream in St. Charles County, first-time home buyers and new residents planning to buy a newly constructed home could receive $1,000 in closing cost assistance through a limited incentive program offered by HOME St. Charles, a non-profit subsidiary of the Economic Development Center … Continued
The saying goes “Home is where the hearth is†and it looks like an increasing number of homebuyers will have their very own hearth soon. We gage confidence by the number of satisfied homebuyers who now have their very own place to feel secure, comfortable and to grow. We gage confidence by the number of … Continued
Intrepid first-time homebuyers jumped off the fence and made an important impact on the housing market this week. Pending home sales rose 3.2 percent in March, according to the National Association of Realtors Pending Home Sales Index. Closer to home the news is even better—pending home sales in St. Charles County rose 26 percent in … Continued
More than three-quarters (78 percent) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21 First-Time Home Buyer Survey, 68 percent think now is a better … Continued
Existing-home sales increased in February, reversing losses in January, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS®. However, sales activity remains relatively soft, reflecting additional layoffs and buyers waiting for housing provisions in the economic stimulus package to take effect, according to NAR. Existing-home sales— including single-family, townhomes, condominiums and co-ops—rose 5.1 … Continued
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 … Continued
Passage of the American Recovery and Reinvestment Act of 2009 is a step in the right direction to help the housing market begin the recovery process. Now, it’s up to potential homebuyers to take that first step too. The $8,000 tax credit couldn’t come at a better time. Late winter and spring are the prime … Continued
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Get off the sidelines if you are thinking about buying a home. Contrary to implications in the news, now is one of the best times to be a home buyer. No one knows how long this once in a generation, or perhaps once in a lifetime, window of opportunity will be open but there are … Continued
Interest rates are great, real estate is selling at a discount …. which all adds up to a great time to buy a home!! And for first time homebuyers; the news just keeps getting better and better thanks to MHDC. The Missouri Housing Development Commission (MHDC) releases money to first time homebuyers throughout the year … Continued