New Missouri homeowner tax break wins OK

Hello Everyone - what great news. 
Tax relief for any new homeowner that purchases a new or pre-existing home after January 1, 2010.

The measure, first proposed by Governor Jay Nixon and the state Treasurer Clint Zweifel, passed 7 to 1.
This is another incentive for buyers to purchase a home.

The tax credit can range from $1250 to $1750, if the home is energy efficient or if home owner purchases Energy Star appliances.
Here is link to news article on St Louis Business Journal,  December 18, 2009.

http://stlouis.bizjournals.com/stlouis/stories/2009/12/14/daily77.html?s=du&ed=2009-12-18&ana=e_du_pub&t=printable

Send any questions you have about Real Estate Taxes or purchasing/selling your home.
Thank you, Judy

NAR - National Assoc of REALTORS update Oct 25, 2009

The latest numbers  just arrived from the National Association of REALTORS. Statistics indicate that 95% of the sales to date for closed units were at a price of $500,000 or less. This is compared to the same period of 2008. The average sales price for this same period versus last year has decreased by 11%.

According to NAR (National Association of REALTORS), 87% of all home buyers used the Internet to search for homes. 94% of home buyers aged 25-45 years use the Internet to search for homes.

Additionally, according to NAR (survey conducted in July, 2009), buyers found the home they actually purchased from the following sources:

Real Estate agent 34% (48% in 2001)
Internet 32% ( 8% in 2001)
Yard/open sign 15% (15% in 2001)
Newspaper Ad 3% ( 7% in 2001)

THEREFORE:   MAKE A STRONG PRESENCE For Your Home ON THE INTERNET !!!!!!!!!!!!!!!!!!!!!!!!!!!


Use Red-hot-copy and creative website advertising to include buyers to your home - And as usual, price and condition are very important indicators for a SALE in the upper bracket.

Thank you for choosing  Judy Lewin to assist you in this challenging and sensitive market.

FDIC requires banks to pay 3 years of insurance

A close friend told me that before banks can all share a level playing field, and to get financing available for investors again, the FDIC is requiring banks to pay 3 years of insurance, instead of 1 year.   This "sort of " makes sense to me.  Anything to get the economy going again.

I jumped out of my car to take a photo of this new bike sign - at Maplewood Commons - in front of Penzey's SPices on Manchester.

Enjoy your day!   Judy

Vintage VICTORIAN renovated FOR SALE - 4202 Wyoming in Tower Grove South

Stop by to view 4202 Wyoming in popular Tower Grove South, between Grand Ave and Morganford - Three Monkeys, TinCan, TFA, antiques and more. We have more, coming soon. Asking $219,000..........

Call Judy at (314) 518-5754 to view today or send email to judylewin@msn.com