Kirkwood Magic House Breakfast With Santa

This is the 8th annual breakfast with Santa hosted by the Magic House. Make your morning (or evening) sizzzle with a yummy pancake breakfast cooked by a pancake flipper extraodinaire, a special photo with Santa, a fun holiday craft to take home and admission to The Magic House. It's sure to "stack " up to your Expectations!

Sunday Dec. 12th
9:45 am, 11:00 am, or 5:00 pm
Cost $18.00 per person (includes all day admission to The Magic House).
Space is limited and reservations are required. Payment is non-refundable.
Reservations can be made online or by calling 314-822-8900, ext. 18

Wanting to Move?

In today's trying times with interset rates and market conditions...what would it take for you to make a move?

GOT MOLES?

Someone told us about these new mole traps called, "Easy Set Mole Eliminator" and they really work great and are easy to use. Kirkwood Hardware has them. Worth the money!

Generational Spending Habits

Consumers are still cautious when it comes to how they spend their money. According to a recent Harris Poll, nearly two-thirds of U.S. Adults (63%) say they have purchased more generic brands in the past 6 months in an effort to save money, while an additional 12% say they have considered doing so.

The survey also finds that each generations saves money in different ways. For example, Gen Xers (age 34-45) are more likely to brown-bag lunch (56%) and cut back on going to hair salons (43%). Matures (65 and older) are more likely to cancel a magazine subscription (45%). Memebers of generation Y (age 18-33) are more likely to cancel their landline telephone and use only a cell phone (20%) and to carpool or use mass transit (26%).

FEDERAL HOMEBUYER TAX CREDIT?

Consumers and Real Estate Professionals have the question of "what will happen" when the federal homebuyer tax credits expire weighing on their minds. What are your views?

Short Sales

A short sale occurs when you, 1. owe more on your mortgage and (any other liens on the property), that you can get from the sale of your home in today's market. 2. You the seller are unwilling or unable to bring money to the closing. The property has not been foreclosed upon, which affords the seller a window of opportunity to sell the property in hopes to at least partially satisfy the amount owed to the lender.

Short sales are considered preferable to foreclosures because they lessen the negative impact to the subdivision and lessen the hit to the seller's credit. If the seller is current on other payments, a short sale may lower their score by 50 points. A foreclosure may lower their score by 50 points. A foreclosure may impact a credit score as much as 200 points.

How Can You Tell If You Are In A Buyer's Market

Markets operate on the basis of supply and demand. If you have a local market where the supply of homes is significantly greater than demand, you will receive have a market where home sales slow, prices stall or drop, properties are more affordable and purchasers are typically able to negotiate significant concessions from sellers. And that, in a nutshell, is a buyer's market.

Today many local markets favor purchasers. No less important, interest rates are at the lower end of the scale on an historic basis, and you can do well with conservative, reasonable financing such as FHA, VA and conventional loans. Relative to the past few years, now is a good time to buy in many areas.