4 minute read
REAL ESTATE COLUMN
By Tricia Tialdo, REALTOR, Broker, Strano & Associates
Who would have ever thought that during a global pandemic, selling a house would be easier and buying a house would be harder? But that’s exactly what has happened - home buying demand has surged and home values are rising right along with it.
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So what has caused this high house-price appreciation? Short answer: Supply and demand.
There just aren’t enough homes out there. The supply of homes for sale is not enough to satisfy the demand and because of this house hunting has become more competitive. This has led to bidding wars, offers over asking price and even sight-unseen offers in order for prospective buyers to get a house.
Additionally and historically, low interest rates have encouraged millennials and first-time homebuyers to venture into the real estate market. And at the very same time, Covid-19 has ignited folks’ desires to enhance their living quarters.
Whatever your reasons for entering the housing market, 2021 could be your year to find your dream home. Just be prepared to move fast!
These days, space has become a major asset. Home buyers are looking for yards, as well as rooms dedicated to working and schooling at home.
The good news: In most cases, you will get more bang for your buck in terms of space and features.
As people continue to work from home, the rural and suburban areas found in the Metro East are becoming more and more desirable. Metro East amenities such as parks, nature trails, schools, restaurants, bars and coffee shops heighten the area’s appeal. Many major employers are moving into the region, along with hospitals, strip malls and retailers.
Good school districts, community/technical training colleges and universities abound. Streets are being widened and public transportation facilities are available.
These signs of growth help positively impact the desirability and convenience of living in an area and are good indicators of rising property values. The Metro-East lifestyle allows residents to gain a sense of community while having quick and easy access to the St. Louis Metropolitan area - another factor that drives real estate prices.
I Deliver Dreams!
Email: tricia.tialdo@strano.com
ttialdo.strano.com
HOME DETAILS
2,900+ sq. ft. ● 4 bedrooms & 3 bathrooms HOME DETAILS Daylight basement with partial finished 2,900+ sq. ft. ● 4 bedrooms & 3 bathrooms Daylight basement with partial finished This home is being constructed with the expertise of Trusted Members in the Daylight basement partially finished.
Home Builder & Remodelers This home is being constructed with the expertise of Trusted Members in the Association Home Builder & Remodelers
Association Follow the process and progress of this new construction home from start to finish along with OPEN HOUSE announcements at: Follow the process and progress of this new construction home from start to finish along with www.LocalBuilderEvents.com/ OPEN HOUSE announcements at: showcase�home
www.LocalBuilderEvents.com/ showcase�home Journey
ABC Supply Presenting BlindQuest CMC Electric D/Knows Construction E.D.C. Drywall Earthworks Fulford Home Remodeling Glorifying Design & Staging Granite Heroes LifeStyle Kitchen & Bath Martin Glass Pederson HVAC Ron Woods Excavating Sherwin Williams Superior Home Products Wilke Window & Door
Elite Promoting BTG Design Concepts, Inc. Cardinal Door Goley Insulation Hallmark Building Supply
Starlight Halloran Construction St. Clair Stairs Thouvenot, Wade & Moerchen, Inc. Participating AUTCO Home Appliance Champion Waterproofing Eagle Flooring Illinois Title & Escrow
Journey
ABC Supply BlindQuest CMC ElectricPresenting Learn The Process Of Building A New Home. D/Knows Construction E.D.C. Drywall Earthworks Fulford Home Remodeling Glorifying Design & Staging Granite Heroes LifeStyle Kitchen & Bath Martin Glass Pederson HVAC Ron Woods Excavating Sherwin Williams Superior Home Products Wilke Window & Door Elite Promoting BTG Design Concepts, Inc. Cardinal Door Goley Insulation Hallmark Building Supply Halloran ConstructionStarlight Enjoy short informational videos that are updated along every step of the construction process of this magnificent HBR Showcase Home featuring innovative products and expert labor right at your fingertips. Watch along as key Trade Partners share the process of St. Clair Stairs building a new home in the Metro East.Thouvenot, Wade & Moerchen, Inc. Participating Footings • Foundation • Waterproofing • Concrete AUTCO Home Appliance Champion Waterproofing Framing • List of Industry Professionals Eagle Flooring Illinois Title & Escrow Visit our website often and follow the progress.
Go to LocalBuilderEvents.com/Showcase-home
