Why the Housing Market Is a Powerful Economic Driver

posted by: George Sykes, Managing Broker, Worth Clark Realty on Thursday April 30, 2020

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things we’ll be able to safely bring back is the home building sector, creating more jobs and impacting local neighborhoods in a big way. According to Robert Dietz in The Eye on Housing:

The Pain of Unemployment: It Will Be Deep, But Not for Long

posted by: George Sykes, Managing Broker, Worth Clark Realty on Tuesday April 21, 2020

There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this horrific virus was to shut down businesses across the nation. One second a person was gainfully employed, a switch was turned, and then the room went dark on their livelihood.

The financial pain so many families are facing right now is deep.

How deep will the pain cut?

Major institutions are forecasting unemployment rates last seen during the Great Depression. Here are a few projections:

Today’s Homebuyers Want Lower Prices. Sellers Disagree.

posted by: George Sykes, Managing Broker, Worth Clark Realty on Friday April 17, 2020

The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price.

According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two questions:

What You Can Do to Get Your Des Peres House Ready to Sell [INFOGRAPHIC]

posted by: George Sykes, Managing Broker, Worth Clark Realty on Monday April 13, 2020

Some Highlights:

Please Help Hunter Engineering

posted by: Wildfire Internet on Tuesday April 7, 2020

Hunter Engineering has teamed up with Washington University, St. Louis, to design powered air purifying respirator (PAPR) devices for emergency medical professionals treating COVID-19 patients.

(Photo is of first device in use at Missouri Baptist Hospital.)

You may be able to HELP, with the one critical part that is in in short supply!
If you have a CPAP machine that you no longer need

Local Special

You Dream IT, We Finance It

posted by: Envisioning Green on Friday April 3, 2020

We understand that these are uncertain times that we are all facing. We have gotten a lot of feedback from people that are dreaming about their outdoor space while being home with their family. We want to be sure that you and other clients don't have to put their outdoor living space on hold. We have had conversations at length about how to do this and that's why we're proud to offer a new financing option with HFS Financial.

The Housing Market Is Positioned to Help the Economy Recover [INFOGRAPHIC]

posted by: George Sykes, Managing Broker, Worth Clark Realty on Friday April 3, 2020

Some Highlights:

Job Opening

We Are Hiring

posted by: Envisioning Green on Tuesday March 31, 2020

Job Posting: 50039

We're growing and looking for the best! Do you want a steady position with a growing company? Do you want top industry pay PLUS benefits? Do you have general construction, landscape, or hardscape experience? We'd love to hear from you!

The Economic Impact of Buying a Home

posted by: George Sykes, Managing Broker, Worth Clark Realty on Tuesday March 31, 2020

We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to a virtual format. What isn’t changing, however, is one key thing that can drive the local economy: buying a home.

We’re all being impacted in different ways by the effects of the coronavirus. If you’re in a position to buy a home today, know that you’re a major economic force in your neighborhood. And while we all wait patiently for the current pandemic to pass, there are a lot of things you can do in the meantime to keep your home search on track.

Every year the National Association of Realtors (NAR) shares a report that notes the full economic impact of home sales. This report summarizes:

Is Now a Good Time to Refinance My Des Peres Home?

posted by: George Sykes, Managing Broker, Worth Clark Realty on Wednesday March 25, 2020

With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions:

Why do you want to refinance?

There are many reasons to refinance, but here are three of the most common ones: