One thing is certain in Missouri and Illinois: we love spending summers on the water. So whether you’re selling a lake house at Innsbrook or in the Ozarks, or a cottage on the river in Grafton, chances are that buyers will be lining up to take a look.
Millennial Buyers: What Are They Looking for in a Home?
Millennials, also known as Gen Y, are typically split into two age groups. Younger millennials are between 25 and 33, and older millennials are aged 34 to 43. While it’s likely that a 25-year-old will have a different budget and preferences than a 43-year-old, there are many similarities in what they want in a home.
Best Parks in St. Louis
Whether you’ve recently relocated to St. Louis or are a long-term resident of the area, you’re likely tired of being cooped up all winter. Now that the weather is warming up, it’s a perfect time to explore all there is to do outdoors in St. Louis. We’ve compiled a list of the most popular area parks, where you’ll find everything from playgrounds to lakes and running trails — something for everyone in your household.
Must-Do Checklist for Preparing to Sell Your House This Spring
As the outdoor world wakes up from its long winter nap, we humans often start to feel the need for a fresh start. Sometimes this results in spring cleaning, and other times it can be a more dramatic change–like buying or selling a house. If you’re leaning toward the latter option, you can (and should) start preparing to sell your house well before the warm weather arrives.
Can I Use My Tax Refund For a Down Payment?
Springtime is traditionally thought of as “home-buying season.” It just so happens that it’s also time to file your taxes and hopefully get a refund. According to statistics from tax year 2022, roughly two-thirds of taxpayers received refunds, with an average amount of $3,200. For anyone saving up to buy a house, this is welcome news. You can definitely use that tax refund for a down payment. There are also some other ways to use the money you get back that can help make buying your next home a bit easier.
There is no denying that the preferences of home buyers can vary widely. One person might be looking for a quiet single-family home with a big private yard for gardening and entertaining, while another person might want to be in a more walkable area in the hustle and bustle of a city.
Moving to a new city can be overwhelming, but once you’ve closed on your new house and the furniture has been delivered, it can also be exciting — especially if you’re now calling St. Louis home! Take a break from unpacking and get out and enjoy all of the sights, sounds, and tastes the city has to offer. There are so many things to do in St. Louis, you’re sure to find something to please everyone in your household.
Affordable Updates That Increase Your Home Value
If you plan to move in the near future, it doesn’t make sense to sink a lot of money into home updates you won’t be able to enjoy for long. It’s also not a good idea to invest in projects that won’t boost your home value when it’s time to sell, or give you a good return on your investment.
Buying your first home can be exciting as you start a new chapter of your life, but selling your first home may be a different story. According to the National Association of Realtors, the average first time home seller has lived in their house for about 10 years by the time they decide to move on. At this point, owners may be ready to upgrade, and in the process of finding a new home. Or, they may need to move for work, or due to family issues. Any of these can add a layer of stress to the selling process.
Capital Gains From a Home Sale—Is it Taxable?
Congrats! Your house is selling for substantially more than you paid for it! That’s a good thing… or is it? There are some scenarios when selling a home will come with hidden fees and tax liabilities.The IRS may want a chunk of the profits in the form of capital gains tax. But there are ways that homeowners can avoid taxes on home sales.
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