Blog

Radon Action Month

January is National Radon Action Month. Radon is a naturally occurring, potentially dangerous gas that may build up to unhealthy levels inside the home. During home sales, this is a common inspection done in tandem with others, and costs $150-200. It is t... Read more

How Much for the House in Bitcoin?

Bitcoin, Cryptocurrency, Ethereum, Litecoin. These terms have been in the news alot lately, due to their meteoric rise the last few months, and particularly the last few weeks. What are they and how do they work in home sales? Cryptocurrency is a form of... Read more

St Louis Home Prices Rise at 40 Year High Pace

According to the Federal Housing Finance Agency (FHFA), St Louis metro area home prices rose 8.3% for the 12 months ending Sep 30, 2020. That is a record-high appreciation rate for St Louis that goes back to the late 1970s, when prices were increasing by ... Read more

Client Backgrounds

One of the best parts of being a Realtor is getting to know the client for the several months that we spend together, whether buying or selling. Various professions and lifestyles are encountered throughout the year, some clients moving to another state a... Read more

Zoom Rooms, Home Offices and More

In high demand this year, as you can imagine, has been extra room in our homes. Starting abruptly in mid-March with stay-at-home orders across most of the region, families grappled with not only staying at home, but working from home and home-schooling th... Read more

Craziest Housing Year Ever

Suffice it to say, never has there been a home-selling year like this one. It has been over 4 months since my last newsletter, as sales were nonstop since then. It is starting to let up, and I feel blessed that people were allowed to buy and sell homes th... Read more

The Real Estate Escalation Clause

Want to know the sign of a hot market? The use of the Escalation Clause in contract offers. Here is how it works: Buyers write the offer as normal, but fearing they will be in competition, set the offer price where they hope to get it, which may be ... Read more

When Did Bungalows Become Cute?

When did Bungalows become so popular? 20 years ago, I was calling them ranches as bungalow was not a positive term. Now, however, seems like bungalow equals cute! The definition of an American Bungalow is a 1 or 1.5 story with a dormer and a covered fron... Read more

2018 STL Home Sales Review, 2019 Outlook

Here is a rundown on how 2018 was for the St Louis housing market: We began the year hot with low inventory and rising prices, leveling off thru summer, than losing some steam in the fall. STL Metro has been on a steady upward price climb since 2012, ... Read more

Downtown St Louis real estate update

Downtown STL real estate update: The number of sales is steadily climbing, days-on-market are steadily dropping, and prices are making some headway. From 2012 to 2017, the number of units sold - condos/ lofts in high rise buildings - has increased from 96... Read more
Gary Hoeferkamp
Hoeferkamp Real Estate

1190 Meramec Station Rd Ste 206
Manchester MO 63021
Office: 314-925-0551
Mobile: 314-440-2400
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Providing a superior level of informed, professional real estate services to buyers and sellers in the St Louis area. Gary is independently rated by HomeLight as a Single Family Expert selling homes above average sale price.

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