Property

DOVER, Del | Dover becomes only track to allow sports betting on property

DOVER, Del  — Bradley Saucier and Joshua Merrill made the trip from Maine to watch this weekend’s NASCAR races at Dover. They had bags full of NASCAR merchandise, wore hats and shirts supporting their favorite drivers and came prepared to spend on their new favorite accessory: betting slips. All bets were on at Dover International … Continue reading DOVER, Del | Dover becomes only track to allow sports betting on property

PINEHURST, N.C. | Priest: Family wants justice in killing of mother, daughters

PINEHURST, N.C. — Shanann Watts will be remembered as a “woman of love” and her two young two daughters as being filled with life and joy, a priest said Saturday during a funeral service for the slain Colorado family found at an oil work site. The hour-long service in Pinehurst, North Carolina, included no reference … Continue reading PINEHURST, N.C. | Priest: Family wants justice in killing of mother, daughters

Self-Directed IRA Administrator Explains the Importance of the Proof of Funds Letter

ASHEVILLE, N.C./ May 12, 2018 (STLRealEstate.News)–A hot real estate market can require investors to move quickly—otherwise, they might miss out on the best opportunities to secure a price on a real estate investment. American IRA, a Self-Directed IRA administration firm in North Carolina, recommends using a proof-of-funds letter to show other parties involved in the … Continue reading Self-Directed IRA Administrator Explains the Importance of the Proof of Funds Letter

Mexico is The Best Place to Buy Property Overseas in 2018

NEW YORK/April 10, 2018 (STLRealEstate.News) — A survey conducted by WIRE Consulting, an independent company specialized exclusively in International Real Estate services, confirms Mexico as the prime place to invest in property due to its geographical proximity, lower taxes and familiar environment. Following at second and third place rankings are Costa Rica and Canada with … Continue reading Mexico is The Best Place to Buy Property Overseas in 2018

Cambria Hotels Celebrates 35th Property Opening

ROCKVILLE, Md./ Dec. 26, 2017 (STLRealEstate.News) — Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest hotel companies, in collaboration with Springfield, Missouri based O’Reilly Hospitality Management, LLC., announced the opening of the Cambria Hotel North Scottsdale Desert Ridge. The Cambria Hotel North Scottsdale Desert Ridge property features an outdoor patio and pool, … Continue reading Cambria Hotels Celebrates 35th Property Opening

Tax overhaul leads to end-of-year rush to pay property bills

CHERRY HILL, N.J. /December 23, 2017 (AP)(STL.NEWS) — In a season of sales, homeowners in affluent towns across the country are rushing to take advantage of a deal that they hope will save them big. On taxes. Tax collectors in many communities are seeing a surge in property tax prepayments before 2018 in an effort … Continue reading Tax overhaul leads to end-of-year rush to pay property bills

Empty tower in downtown St. Louis for sale

ST. LOUIS, MO/December 1, 2017 (STL.News) The largest skyscraper in the downtown St. Louis skyline, formerly known as the AT&T Center, is on the market after being foreclosed on this week.  As a vacant 44-story office tower in the heart of the city’s central business district in downtown was officially listed this past Thursday by … Continue reading Empty tower in downtown St. Louis for sale

Auditor Galloway releases review of 2017 property tax rates

Report outlines local rates, finds compliance among taxing authorities JEFFERSON CITY, MO/November 30, 2017 (STL.News) Missouri State Auditor Nicole Galloway has released her office’s annual review of local property tax rates for all taxing authorities in Missouri. The State Auditor’s Office reviews rates to determine whether they are compliant with state law and to monitor … Continue reading Auditor Galloway releases review of 2017 property tax rates

What can be done about the abandoned embassy next door?

WASHINGTON/October 24, 2017 (AP)(StlRealEstate.News) — The large building at the corner of 22nd and R streets in downtown Washington, D.C., sticks out like a wart in the otherwise upscale neighborhood. Plywood covers the windows, sleeping bags and empty bottles litter the shuttered doorways and head-high weeds sprout through the asphalt of the empty fenced-off parking lot. … Continue reading What can be done about the abandoned embassy next door?

Boutique Realty: One Grade Above the Rest

Boutique Realty Welcoming You Home for Over 15 Years Chesterfield, MO/September 22, 2017 (STLRealEstate.News) –Boutique Realty is just what it sounds like…a company one level above the rest! Julie Pfeifer, owner and successful real estate broker in St. Louis, has been offering highly specialized services and products to her sophisticated clientele for more than 15 … Continue reading Boutique Realty: One Grade Above the Rest

St. Louis officials have different opinions on short-term rentals

ST. LOUIS, MO/September 20, 2017 (STLRealEstate.News) St. Louis residents have complained that the city is less-than-friendly with the concept of Airbnb, a website that pairs tourists with homeowners for a short-term stay.  Locals wishing to earn extra income by renting out a room in their apartment or house for a few nights a week are … Continue reading St. Louis officials have different opinions on short-term rentals

NGA to build new headquarters in northern St. Louis

ST. LOUIS, MO/September 11, 2017 (STLRealEstate.News) NGA (National Geospatial-Intelligence Agency), one of the country’s most important intelligence agencies that works to combat cyberterror and other kind of hacking in our world today, is going to be setting up shop in north St. Louis. The facility will sit atop 97-acres of St. Louis real estate so … Continue reading NGA to build new headquarters in northern St. Louis

St. Louis Housing Market Rebounds In July

ST. LOUIS, MO/August 25, 2017 (STLRealEstate.News) The outlook for the St. Louis housing market is showing promise. The median sales price and home sales jump 6 percent amid a tightening inventory, according to the latest numbers in the July St. Louis Realtors Housing Report. This comes after a less than impressive outcome for June, with … Continue reading St. Louis Housing Market Rebounds In July

Another set of owners for the Chesterfield Mall

CHESTERFIELD, MO/August 7, 2017 (STLRealEstate.News) The Chesterfield Mall hasn’t had an easy last few years. Like most American malls, it’s hanging on for dear life. This week, the Chesterfield Malls’ lender finalized foreclosure on the shopping center, and the struggling property that remains open will soon be placed up for sale – again. City officials … Continue reading Another set of owners for the Chesterfield Mall

St. Louis’ self-storage industry is booming

ST. LOUIS, MO/August 7, 2017 (STLRealEstate.News) America is home to 75 percent of the world’s self-storage facilities today. Apparently, Americans really like having access to self-storage facilities for housing items and other personal belongings. There are nearly 50,000 self-storage facilities in the United States, with the rest of the world housing 15,000 combined – according … Continue reading St. Louis’ self-storage industry is booming

St. Louis lands on national list for highest real estate returns

ST. LOUIS, MO/August 7, 2017 (STLRealEstate.News) HomeUnion, an online real estate investment management firm, released a report this week for usatoday.com in which they ranked the top 20 zip codes in the United States with the biggest return on real estate at this time.  Naturally, St. Louis found its way onto the list, which was configured … Continue reading St. Louis lands on national list for highest real estate returns

Survey Shows Pets Motivate First Time Millennials Home Buyers

August 6, 2017 (STLRealEstate.News) Pets appear to be the motivation for many millennials to pursue home-ownership. That’s according to a new survey conducted by Harris Poll on behalf of SunTrust Mortgage. The survey found that a third of millennial-aged individuals who purchased their first home say the need to have more space or a yard for … Continue reading Survey Shows Pets Motivate First Time Millennials Home Buyers

Local Real Estate Executive Jim Dohr Forecasts Positive Market For St. Louis

Jim Dohr, President of Coldwell Banker Gundaker Forecasts Positive Market For St. Louis ST. LOUIS, MO/July 20, 2017 (STLRealEstate.News) The forecast for the St. Louis area real estate market looks bright. That’s according to Jim Dohr, President of Coldwell Banker Gundaker – St. Louis, who said the St. Louis area is experiencing one of the … Continue reading Local Real Estate Executive Jim Dohr Forecasts Positive Market For St. Louis

St. Louis County reassessments have residents in shock

St. Louis County residents shocked by reassessments ST. LOUIS, MO/July 19, 2017 (STLRealEstate.News) St. Louis residents this week expressed a fear in opening the mail they’ve received regarding their property reassessment. They don’t want to see the latest numbers, most of which have been reported to include a sharp increase since the last assessment. The … Continue reading St. Louis County reassessments have residents in shock

It’s possible to appeal your St. Louis property assessment

It is possible to appeal your St. Louis property assessment!  Here’s how! ST. LOUIS, MO/July 19, 2017 (STLRealEstate.News) It’s that time again. Property assessments were mailed out to St. Louis residents early last week, and the response was resounding negativity from people who haven’t seen an increase in their property taxes since before the Great … Continue reading It’s possible to appeal your St. Louis property assessment

US housing starts rebounded in June

US housing starts rebounded in June 2017 as homebuilders ramped up construction WASHINGTON/July 19, 2017 (AP)(STLRealEstate.News) — Home-builders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest. Housing starts climbed 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million, the … Continue reading US housing starts rebounded in June

St. Louis warehouse gets a new eclectic reboot

St. Louis warehouse get a new eclectic reboot – STL Real Estate News ST. LOUIS, MO/July 16, 2017 (STLRealEstate.News) Twenty years ago this month, a 16-year-old named Nick Akerberg needed to find an abandoned building where we would host an illegal rave for the high school kids at Clayton High School.  Formerly the Missouri Jewelite … Continue reading St. Louis warehouse gets a new eclectic reboot

St. Louis swimwear line continues to explore non-traditional retail marketing

St. Louis swimwear line explores non-traditional retail marketing strategies that many retailers are missing ST. LOUIS, MO/July 16, 2017 (STLRealEstate.News) Consumers are looking online for shopping experiences today, and brands that are taking note are soaring past the competition.  Ten years ago this month, Lori Coulter launched her St. Louis-based swimwear collection with a partnership … Continue reading St. Louis swimwear line continues to explore non-traditional retail marketing

St. Louis factories wait for Trump steel tariff

St. Louis factories anxiously await for Trump steel tariff ST. LOUIS, MO/July 16, 2017 (STLRealEstate.News) The United States Steel Corp.’s Granite City Works have been sitting idle for the last 18-months as laid-off workers are pinning their hopes on Donald Trump’s new tariff restrictions for imported steel, which is currently running Americans out of business. … Continue reading St. Louis factories wait for Trump steel tariff

Tan-Tar-A-Resort to be rebranded as Margaritaville Hotel

Tan-Tar-A Resort at Osage Beach will be renamed for re-branding purposes as Margaritaville Hotel OSAGE BEACH, MO/July 16, 2017 (STLRealEstate.News) Tan-Tar-A-Resort, a popular Lake of the Ozarks hotel and conference center that has been heavily used and cherished for more than 50-years, this week made a big announcement regarding a multi-million-dollar renovation.  To be re-branded … Continue reading Tan-Tar-A-Resort to be rebranded as Margaritaville Hotel

St. Louis witnessing a minimum wage decrease

Workers in the St. Louis area are witnessing a minimum wage decrease ST. LOUIS, MO/July 16, 2017 (STLRealEstate.News) While other American cities like Seattle are hiking their minimum wage up to $15 per hour, St. Louis is actually witnessing a minimum wage decrease from $10 to $7.80 later this summer.  The state legislature voted to … Continue reading St. Louis witnessing a minimum wage decrease

24/7 Wall Street gives residency in St. Louis mixed reviews

ST. LOUIS, MO/June 30, 2017 (STLRealEstate.News) Recently, St. Louis got hit with a pretty negative review from 24/7 Wall Street as a viable contender for a place to live today.  The review left many people wondering how that’s possible given the good schools, the red-hot real estate market, and the downtown revitalization that is well … Continue reading 24/7 Wall Street gives residency in St. Louis mixed reviews

Q2 2017 U.S. Median Home Price At Least Affordable Level Since Q3 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Markets; 45 Percent of Markets Less Affordable Than Their Historic Norms IRVINE, CA/June 29, 2017 (STL.News) – ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Affordability Index, which shows that the U.S. median home … Continue reading Q2 2017 U.S. Median Home Price At Least Affordable Level Since Q3 2008

Millennials are shaping St. Louis’ industrial real estate scene

ST. LOUIS, MO/June 25, 2017 (STLRealEstate.News) Industrial Real Estate Scene – There are never-ending stories about how millennials are changing commercial real estate design and layout as we know it today.  They’re all about collaboration, open-aired spaces, and big ceilings with lots of light to flood the work-space.  Less talk is occurring regarding their desire … Continue reading Millennials are shaping St. Louis’ industrial real estate scene

Housing Tides Index™ June 2017 – Housing Data Shows Improvement as Mortgage Delinquencies and Foreclosures Fall

DENVER, COLORADO/JUNE 15, 2017 (STLRealEstate.News) This week marks the release of the June Housing Tides Report™, featuring an update to the Housing Tides Index™, an objective and sophisticated approach to quantifying and comparing the health of U.S. housing markets. This month’s Index update reveals an improvement in housing market health as loan performance improved to the … Continue reading Housing Tides Index™ June 2017 – Housing Data Shows Improvement as Mortgage Delinquencies and Foreclosures Fall