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Market Highlights:

St. Louis Housing Report For Nov 2023

Here's a quick snapshot of our housing report for November. As we go into the holiday season & head into 2024, the FED has been lowering interest rates to currently around 7%, which is the lowest it's been since late July. Housing inventory is still low, however it's heading in a better direction for the buyers market as home prices have been dropping.

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Tips & Advice

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Home Buyers

"Whats the difference between down payment & closing costs?"


Down payment is the amount your loan requires down when purchasing a home, such as 3.5% down payment for first time home buyers or 20% for conventional loans. Closing costs are fees you pay at closing such as title insurance, appraisal, taxes and other costs outside of the down payment.

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Home Owners

Know Your Home's Value


Stay informed about the current market value of your home. Regular assessments can help you make informed decisions about refinancing, renovations, or even selling if the need arises.

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"Quote Of The Week"

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"EMPOWERING LIVES THROUGH REAL ESTATE!"

"If you know anyone who may need my services, feel free to pass this email along so I can chat with them about their real estate needs!"

Thanks!


Chris Davis | Realtor ®️

Cell: 314-696-3700

cdavisestates@gmail.com

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