This house was taken off the market since we found a buyer who wanted the land instead of a new house. This builder does great work, so if you are interested, let me know and we can find a lot where you can build this house (or whatever you want!). The Basics: Listing Price: $265,000 [...]
by Karen Goodman on January 29, 2010
in Buyers
Over the last month, I have really gotten to know Kim Hibbs, owner of Hibbs Homes. Hibbs Homes specializes in green and energy star rated homes. Typically, Kim builds luxury homes in some of the most affluent parts of St. Louis. But one lucky family will get the chance to build a truly custom home [...]
by Karen Goodman on February 4, 2009
in Buyers
New Construction is Risky Business: Last year I pointed out that more and more builders have been unable to survive the housing market downturn. Builders that can not pay their construction loans and contractors end up in foreclosure. Some even close their doors. Here is the list from last year’s post: Bower & Bailey (closed [...]
by Karen Goodman on January 12, 2009
in Buyers
Buying a home can be an emotional, time-consuming, and complex process. Follow the tips below to make the process go as smoothly as possible. 1. Check your credit Before you apply for a home loan, regardless of your credit score, it’s a smart idea to obtain a copy of your credit report from the three [...]
A couple of days ago I wrote a post about how difficult the current market is for new home builders in the St. Louis area. My broker, Shawn Kelsey, has been representing a local builder, Jacaty Construction, for about 10 years. Together, Shawn and Jack Jacaty have sold over 25 homes totaling over $10,000,000. Jack primarily builds inventory homes [...]
Over the last few months, more and more builders are running into trouble paying their construction loans and contractors. Recently, a few builders have called it quits. Others are giving undeveloped subdivision lots or inventory homes that they can’t sell back to the banks. Some of the builders having problems are: Bower & Bailey (closed their doors [...]