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2017 St. Louis Housing Forecast

by The Linda Frierdich Group - Century 21 Advantage

 

2017 St. Louis Real Estate Forecast

 

2016 was a great year for real estate, and, as we look ahead to 2017, there are general predictions that can be made, both nationally and locally.  While national trends always have an effect on local markets, that doesn’t mean that what happens nationally will apply to anyone’s local market across the board.  However, to better understand and expect what’s to come in your local market, it’s important to keep in mind what’s happening nationally.

 

 

Realtor.com® has presented a comprehensive list of expectations for the 2017 national housing market.  In this forecast, they have indicated some important trends.  Over the last few years, the real estate market has been growing rapidly.  This trend is expected to slow in 2017, but, although that seems alarming to the state of the housing market, it actually indicates that the market is finally stabilizing.  The national real estate market is expected to slow in 2017, but it is also expected to maintain moderate growth.  Nationally, home prices are expected to increase 3.9%, and existing home sales are expected to increase 1.9%.  These are both great announcements for sellers, because it translates to the fact that sellers will be, generally, getting more money for their homes in the coming year.  For buyers, there may be indications that the time to Buy in the US is earlier in the year, because interest rates are expected to reach 4.5% this year.  Realtor.com® is also forecasting that home ownership rates will stabilize at 63.5% after bottoming out at 63.9% in 2016.  They are also forecasting that new home sales are expected to grow 10%

 

There are certain trends that are driving the 2017 market predictions.  For instance, there will be a surge in buyers, leading to a seller’s market, due to the fact that many people will be looking to Buy homes this year.  There are two major demographics expecting to drive the market, Millennials and Baby Boomers.  Millennials have reached an age where they are thinking about marriage and children, leading them to desire home ownership over rental.  Baby Boomers, on the other hand, are thinking about downsizing, now that they are looking toward retirement and their kids have grown and left their homes.  These two huge groups will comprise the majority of the market this year.  Also predicted by Realtor.com® is that there are expected to be fewer homes on the market, leading to fast-moving markets.

The above information, predictions, and statistics all provided by Realtor.com® (http://www.realtor.com/news/trends/top-real-estate-trends-2017/)

 

Looking forward to 2017 on a local level is best done by looking back to the numbers for the end of 2016 by St. Louis REALTORS®.  Anyone close to the housing market can tell you that November is historically a slower month in home sales, but that was far from the truth for November 2016, when home sales jumped an incredible 31%.  Comparatively, 1,438 homes sold in November 2016, while in 2015, 1,094 homes sold.  Even with strong sales, home prices remained affordable at $164,500, despite a slight increase from the previous November, when the median sales price was $150,000.  The amount of time that homes were on the market also decreased from 172 to 117 in November 2016 from November 2015.

 

According to John Gormley, St. Louis REALTORS® CEO, there are two trends that drove this jump in sales for November 2016.  St. Louis is maintaining a level of affordable housing, and buyers are also concerned about rising interest rates, driving them to take the plunge and enter the market.  “Those two drivers served as the underpinnings of our whopping double-digit home sales growth in November.  We’ve discussed the remarkable housing affordability in St. Louis throughout 2016.  Obviously, buyers have been listening and paying attention to the Federal Reserve’s public comments about raising interest rates,” says Gormley. (http://www.stlrealtors.com/wp-content/uploads/November2016HousingReportpressrelease.pdf).  As indicated by the national predictions, it is likely that these circumstances will continue driving trends for 2017, as well.

 

As for the 2017 outlook, it looks strong, but if there’s anything that November 2017 taught us, it’s that sometimes the best predictions can be wrong.  “It’s true no one knows exactly what interest rates will do in the coming year, but there’s a good bet they won’t be going down.  So, if you’ve been waiting to Buy a home, it’s time to jump off the fence as mortgage rates are expected to increase at least two or three times next year,” Gormley continues.  “What that means for buyers in St. Louis is that it’s time to engage a St. Louis REALTOR® to find your home and lock in the best rate now, so you can Buy the home you want at a price you can afford.” (http://www.stlrealtors.com/wp-content/uploads/November2016HousingReportpressrelease.pdf).

The above information, predictions, and statistics all provided by St. Louis REALTORS® (http://www.stlrealtors.com/wp-content/uploads/November2016HousingReportpressrelease.pdf)

 

 

Wondering What to Do This Weekend?

by The Linda Frierdich Group - Century 21 Advantage

 

Looking for Something to Do This Weekend?


You've come to the right place!


The weekend following Thanksgiving is always so busy.  People are getting out their holiday decorations, beginning to shop for gifts, and looking for things to do to get them into the spirit of the season.  Here are some local events going on in our area that should help you find something to occupy your time this weekend!  


 


Anheuser Busch Brewery Lights

 

This event, which is a huge hit in the St. Louis area, is back again this year, and it returns with a few added features!  Visitors can still enjoy the free self-guided tours down Pestalozzi Street and around the historic Anheuser-Busch Brewery.  Guests who are 21 and older receive a wristband for five 5oz samples of a variety of beers, and any hungry visitors can stop at one of the food stations in the Biergarten, where you can find a variety of dishes.  Visitors can also get a jump start on their holiday shopping, because there are a number of vendors selling crafted items at the Stella Artois Market.  New this year is the Bud Light Ice Rink, where skaters can glide along under the red glow of the Budweiser sign on the Bevo Packaging Plant.  Other attractions include the S’mores Station, sand and ice sculptures, and the chance to reserve a private fire pit for up to 8 guests, featuring wait service and 2 printed photos included in the price!

 

Anheuser-Busch Brewery Lights 2016

 

November 17 – January 1

5-10 pm

Every Thursday, Friday, Saturday, & Sunday

(Excluding Thanksgiving Day, Christmas Eve, Christmas Day, and New Year’s Eve)

1200 Lynch Street

St. Louis, MO 63118

 

For further details, click here.

 

 

Missouri Botanical Garden’s Garden Glow

 

This popular event is a gem of a St. Louis tradition.  Though it only began in recent years, its popularity has caught on quick.  Visitors can walk through the Missouri Botanical Garden and view the gorgeous light display, surrounded by lovely plants and mature trees.  Along the path, visitors can find food and drink stations with a variety of drinks, including the ever popular holiday drinks hot chocolate and egg nog (while also featuring alcoholic beverages, as well).  Along the way, visitors can find themselves around an area with fire pits to gather ‘round while listening to the live carolers featured in this event.  If you have never been, it’d be a great year to give the Garden Glow a visit—you’ll likely make it part of your holiday tradition from here on out. 

 

Missouri Botanical Gardens’ Garden Glow


The Garden Glow opens to Botanical Garden members on Nov. 18 & to the general public Nov. 19, and it runs through January 1.  It is closed Christmas Eve and Christmas Day.

Hours: 5-10 pm (last entry at 9 pm)

4344 Shaw Blvd.

St. Louis, MO 63110

 

For tickets and more information, click here.

 

 

Santa’s Express Train Ride

 

The St. Louis Union Station always puts on a great holiday event, and this year it hosts with a ‘Twas the Night Before Christmas theme.  Although the train ride is the main focus of this event, there are plenty of other attractions to make your visit even better, including spectacular holiday décor, North Pole Village and activities, ice skating, and the new Fire & Light show!  The centerpiece of the event, the Santa Express Train Ride, takes ticket holders on a train ride out of the St. Louis Union Station to view the wonderful holiday features along the way. 

 

Santa’s Express Train Ride at Union Station


Wednesdays-Sundays, November 18-December 30

Trains leave the station at:

4:45, 6:15, 7:30, 8:30

1820 Market Street

St. Louis, MO 63103

 

For tickets and more information, click here.

 

 

Belleville’s Chriskindlmarkt

 

Chriskindlmarkts have begun to sprout up all over the country.  They are open-air Christmas festivals based on Bavarian traditions, but Belleville’s celebrations focus more on this area’s German heritage.  The event features European vendors and traditional German food and refreshments, as well as a Children’s lantern parade around this historic square on Friday night, cultural activities, arts, crafts, music, and dancing.  Even the way the vendors have their stations set up is unique, operating in individual wooden chalets and offering German lace, hand-blown glass ornaments, amber jewelry, nesting dolls, and more.  Head down to Belleville this holiday season and see what they have to offer.  You may even get a few gifts while you’re there!

 

Belleville's Chriskindlmarkt


Downtown Belleville

November 25-December 23

Sundays – Thursdays: 10 am – 7 pm

Fridays & Saturdays: 10 am – 9 pm

 

For more information, click here.

 

 

Waterloo’s Glow Parade

 

Each float boasts over 1,000 lights, so attendees know that they are in for a real visual treat at this Waterloo tradition!  The parade starts at Gibault Catholic High School and follows the Porta Westfalica Route to downtown Waterloo.  There’s no better way to get into the holiday spirit than spending an evening in your community admiring all the holiday spirit your neighbors have!  Keep your eyes out for parade marchers in holiday-inspired costumes!

 

Waterloo's Glow Parade

 

Downtown Waterloo, IL

Saturday November 26

5:30 pm

 

For more information, click here.

 

 

Waterloo’s Christmas on the Square

 

This annual holiday event takes place in Waterloo’s historic downtown area.   Visitors have many chances to win great prizes, and Santa will even be in attendance!  In fact, free carriage rides take place from 12 pm – 4 pm each day!  Visitors who also wish to stick around for the GLOW holiday lighted parade can stake out their spots early and ring in the holiday season in Waterloo’s square.  Post-parade, the public is invited to a chili supper at the SPPCS grade school.  Sunday’s attendees get to vote on their favorite decorated lamppost around the courthouse square.  This event will also feature a free concert from the Waterloo Municipal Band on Sunday at 1 pm and a kettle corn vendor!  There is so much to offer to the community!

 

Waterloo's Christmas on the Square

 

Downtown Waterloo

November 26 – 27

 

For more information, click here.



Small Business Saturday


The Saturday following Black Friday has recently been dubbed, "Small Business Saturday," an event all across the country that urges consumers to consider spending their holiday money locally.  Small businesses, boutiques, craftsmen, and artisans all have sales on Saturday to help drive business.  Shopping around your community is more than just an enjoyable way to spend your Saturday, however.  Supporting small businesses this holiday season is such a wonderful choice to make on so many levels.  Money spent in the local economy has a much better chance staying local.  The more successful the businesses in your area, the more valuable homes are in that area.  Spending money at a small business is likened to investing in making someone's dream come to fruition.  There are so many wonderful things that come from spending your money at a small business or local craftsman or artisan.  The best perk about going out and spending money at small businesses this holiday season, though?  The gifts you give will be totally unique, and you're bound to find some things that your family and friends will LOVE!


Small Business Saturday


Your hometown

All Day Saturday

November 26

 

For information on Small Business Saturday and all that it does for your community, click here.


Things to Do in the Area this Weekend

by The Linda Frierdich Group - Century 21 Advantage

 

Events Happening this Weekend

 

This weekend brings on the last weekend before the official start of the holiday weekend, and there are so many events happening locally to help ring in the season!  Here are a few of the exciting things taking place in the Metro area this weekend!

 

 


Anheuser Busch Brewery Lights

 

This event, which is a huge hit in the St. Louis area, is back again this year, and it returns with a few added features!  Visitors can still enjoy the free self-guided tours down Pestalozzi Street and around the historic Anheuser-Busch Brewery.  Guests who are 21 and older receive a wristband for five 5oz samples of a variety of beers, and any hungry visitors can stop at one of the food stations in the Biergarten, where you can find a variety of dishes.  Visitors can also get a jump start on their holiday shopping, because there are a number of vendors selling crafted items at the Stella Artois Market.  New this year is the Bud Light Ice Rink, where skaters can glide along under the red glow of the Budweiser sign on the Bevo Packaging Plant.  Other attractions include the S’mores Station, sand and ice sculptures, and the chance to reserve a private fire pit for up to 8 guests, featuring wait service and 2 printed photos included in the price!

 

Anheuser-Busch Brewery Lights 2016

 

November 17 – January 1

5-10 pm

Every Thursday, Friday, Saturday, & Sunday

(Excluding Thanksgiving Day, Christmas Eve, Christmas Day, and New Year’s Eve)

1200 Lynch Street

St. Louis, MO 63118

 

For further details, click here.

 

 

Missouri Botanical Garden’s Garden Glow

 

This popular event is a gem of a St. Louis tradition.  Though it only began in recent years, its popularity has caught on quick.  Visitors can walk through the Missouri Botanical Garden and view the gorgeous light display, surrounded by lovely plants and mature trees.  Along the path, visitors can find food and drink stations with a variety of drinks, including the ever popular holiday drinks hot chocolate and egg nog (while also featuring alcoholic beverages, as well).  Along the way, visitors can find themselves around an area with fire pits to gather ‘round while listening to the live carolers featured in this event.  If you have never been, it’d be a great year to give the Garden Glow a visit—you’ll likely make it part of your holiday tradition from here on out. 

 

Missouri Botanical Gardens’ Garden Glow

The Garden Glow opens to Botanical Garden members on Nov. 18 & to the general public Nov. 19, and it runs through January 1.  It is closed Christmas Eve and Christmas Day.

Hours: 5-10 pm (last entry at 9 pm)

4344 Shaw Blvd.

St. Louis, MO 63110

 

For tickets and more information, click here.

 

 

Belleville Flea Market

 

Get some holiday shopping done early by attending this unique event featuring a variety of products.  Vendors will be situated both outside and inside the Belle-Clair Fairgrounds, and the event boasts over 600 tables and 300-400 vendors selling antiques, collectibles, and merchandise, both old and new!  Shoppers can head to this event and get some of their holiday shopping done early, and they will find so much variety of products and price ranges.  Parking costs $3.00, but admission to the Flea Market is free!

 

Belleville Flea Market

November 19 & 20

9:00 am – 4:00 pm

200 South Belt East

Belleville, IL 62220

 

For more information, click here.

 

 

Santa’s Express Train Ride

 

The St. Louis Union Station always puts on a great holiday event, and this year it hosts with a ‘Twas the Night Before Christmas theme.  Although the train ride is the main focus of this event, there are plenty of other attractions to make your visit even better, including spectacular holiday décor, North Pole Village and activities, ice skating, and the new Fire & Light show!  The centerpiece of the event, the Santa Express Train Ride, takes ticket holders on a train ride out of the St. Louis Union Station to view the wonderful holiday features along the way. 

 

Santa’s Express Train Ride at Union Station

Wednesdays-Sundays, November 18-December 30

Trains leave the station at:

4:45, 6:15, 7:30, 8:30

1820 Market Street

St. Louis, MO 63103

 

For tickets and more information, click here.

 

There are so many great things to do this weekend to get ready for the holiday season to come!  If you're one of those who likes to wait until after Thanksgiving to begin your holiday celebrations, all of these events, except the Flea Market, are open through the end of December or beginning of January, so you've got some time!  

 


Ring in Fall with These Local Events!

by The Linda Frierdich Real Estate Group

 

Ring in Fall!

Check out these local events focused around this lovely season!




Fall is in the air, and that means that many of our favorite local autumn events are coming up.  Here are a few local events happening this weekend that you can attend to ring in the Fall season!  The weather forecast for this weekend is gorgeous- Get out there and enjoy some of what the local communities have to offer!

 

Waterloo PumpkinFest

This event draws visitors from all over the area, and for good reason.  Last year, the event was packed with people, but it didn't take away from the atmosphere one bit- it only speaks to how wonderful this event is!  Browse through TONS of vendor tents (and maybe even grab a few Christmas gifts... It's only about 11 weeks away, after all Wink), eat at any number of food vendors, enjoy games and entertainment for the kids, listen to some live local music, and maybe even stop by a restaurant or shop there at the Courthouse Square.  This lovely event takes place on Saturday, October 8th, on the grounds of the Monroe County Court House and its surrounding area.  Team member Abby Moallankamp attended last year, and she very highly recommends this one for adults and kids, alike.

Check out the event's page on the City of Waterloo website for more information by clicking here.


 

Annual Belleville Chili Cook-Off

Few things say Fall like the season's first bowl of chili... Come down to Belleville's Chili Cook-Off to get your hands on much more than just one bowl of this cool-weather staple food!  The event, taking place Friday the 7th and Saturday the 8th, hosts more than 60 vendors, from restaurants to organizations to individuals, who all come together to cook off for a chance at one of the Chili Cook-Off Awards.  This event is one of Belleville's biggest annual attractions, and it also is a great fundraising event.  Over half of the vendors who participate in this event are either a non-profit organization or a business raising money for a charity. 100% of the money you spend at that stand goes to the vendor.  In addition, attendees get to vote in the contest for their favorite chili for a price of $1 per vote.  All of those proceeds go to the Community Interfaith Food Pantry in Belleville.  Head on down to this event this weekend and enjoy the live music, entertainment, and, of course, the chili!

To learn more about this event, visit the event's website by clicking here.


 

Maestown Oktoberfest

Head on down to charming & historic Maestown to enjoy the Oktoberfest festivities!  This antique, craft, and art fair features over 50 artisans, dealers, craftsmen, and food vendors at the area around the stone mill and bridge.  Enjoy the colors of Fall while doing some shopping, and even enjoy foods such as turtle soup, potato pancakes, and popcorn cooked in old-fashioned kettles!  The local inns, shops, and resaurants will all remain open during the festivities, so you can even stroll around this lovely town and do a little window shopping or dining while you are there.  This event is taking place on Sunday the 9th from 9 am to 4 pm.

To learn more about this event, visit Maestown's website here.

 

 

 



Yard Sale Fundraiser Helps Local Family

by The Linda Frierdich Real Estate Group

Yard Sale Fundraiser Helps Local Family

 

As many of you know, over the weekend, The Linda Frierdich Group of Century 21 Advantage, along with Midwest Carpet Cleaning & CKE Construction and Design, sponsored a fundraiser yard sale event for the family of a local young girl with Stage 4 cancer.  This event was a HUGE success, and we would like to take a moment to thank everyone who helped us along the way...



Two of our biggest thanks are extended to the other two businesses who helped us put on this event.  Midwest Carpet and CKE Construction and Design were there through it all, offering their time, business space, and hard work to the event.  

Hope Christian Church- Thank you for letting us invade your parking lot for three days this week, and for all the volunteers you sent our way, as well as the baked goods your congregation contributed to the bake sale.  Having the location we had definitely played such a huge role in the success of this event.

Dr. Cangas & the staff at Illini Pediatrics- Thank you for your support, hard work, donations, and baked goods.  Dr. Cangas came out and volunteered to work the sale on Friday, and he was such a big help.  His team also brought us REALLY nice donations as well as a bunch of goodies for the bake sale.  I think it's worth noting, also, that we never solicited help from Dr. Cangas or his staff.  They heard about the event, and they contacted us to volunteer their time and donations. How awesome is that!?

The EMS crew, who brought us out boxes of gift bags for kids.  Thank you so much to the EMS who brought those out for us and showed their support for the community, but thank you, also, to the mystery donator who made up those gift bags and handmade the stuffed bears that were in them.  You are amazing!

Thank you to The Linda Frierdich Group- This team really came together, donating whatever time they could out of their busy schedules to make this event a success.  What an awesome team we have!

To the local businesses who donated items to the raffle:

Elements off Main

La Bella Rosa Boutique

Mill Street Treasures

Reifschneider's Grill and Grape

Rooster's Health Food

Elly Augustine - Independent Scentsy Consultant

Bad Sister Boutique

Philomena + Ruth

The Clothesline Boutique

Our House Cafe

Schneider's Quality Meats

Knott So Shabby

Tiny's Pub & Grill

Dear Diva Desserts


Our amazing community-

Thanks most of all to the people who donated items to our sale and came out to support this local family.  When you hear about a family going through what the Boyers are going through, your heart goes out to them, and the thought, "I wish I could do something" comes to mind.  This event gave the community a chance to do something, and the community came through, tenfold.  All the support, donations, both monetary and through sale items, have warmed our hearts beyond belief.  You make us PROUD to be members of a community that comes together to support one of our own in the way we did.  The sense of community displayed through this event is simply inspiring.

Displaying blog entries 1-5 of 5

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Contact Information

Photo of The Linda Frierdich Real Estate Group Real Estate
The Linda Frierdich Real Estate Group
Century 21 Advantage
103 S Main St
Columbia IL 62236
IL: 618.281.7621

138 Concord Plaza Dr
Saint Louis MO 63128
MO: 314.649.0221
Fax: 618.281.4311

Linda Frierdich is the area's premier real estate professional, offering services in St Louis, Kirkwood, Webster Groves, Crestwood, Ballwin, Arnold, Fenton, Oakville, Columbia, Waterloo, Millstadt, Valmeyer, Dupo, Belleville, O'Fallon, Mascoutah, Fairview Heights, Smithton, Ruma, Hecker, New Athens, Edwardsville, Collinsville, Caseyville, Shiloh, Swansea, Monroe County, Madison County, St Clair County, and Randolph County.  Her team focuses on resale homes, new construction, first time home buyers, condos, farms, land sales, subdivisions, lot sales, single family, multi-family, commercial, foreclosures, bank owned property, military relocation, and building. This site offers options to search real estate in Columbia Illinois and other areas. We offer buyer and sellers services second to none!

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