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Author name: deerwoodrealty

Navigating the 2024 St. Louis Housing Market Insights from Zillow’s Predictions

Navigating the St. Louis Housing Market in 2024 promises to be an intriguing journey, especially when considering the insights from Zillow’s national housing market trends. While the broader trends paint a picture of the general market dynamics, the specific implications for the St. Louis Metro area are particularly noteworthy. One of the most significant shifts […]

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New homeowners losing over $200 dollars a day?

In this episode, join John Schink of Deerwood Realty as we delve into the stark realities of the 2023 housing market. This detailed analysis covers the unprecedented decline in property values that’s affecting both single-family homeowners and condo owners in major U.S. cities. We’ll explore how cities like San Francisco and Memphis are coping with

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Rethinking the American Dream? A Tale of Homeownership in Modern Times

In the quaint suburb of Affton, Emma and Jack, a young couple in their early thirties, sit at their kitchen table, surrounded by piles of financial papers. Their dream of owning a home feels increasingly distant amid soaring home prices and their growing student loan debt. This story mirrors the experience of many millennials and

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Questioning the Fairness of Tax Structures in Real Estate for Single Family Homeowners

In an overall top down view of residential real estate, specifically owner occupied homeownership, the disparities in tax treatment between landlords and typical homeowners are profound and worth examining in detail. As John Schink, Managing Broker of Deerwood Realty, astutely observes, “It does seem like now is the time to really take a look at

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Rising Stakes: Navigating the Surge in Down Payments in 2023’s Housing Market

In the intricate realm of real estate, the topic of down payments is a crucial element in the homebuying process. The Realtor.com Economic Research report from October 2023 reveals a complex and evolving landscape. Despite a sluggish spring and summer, adhering to typical seasonal patterns, the market faced challenges with limited inventory and high mortgage

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Rethinking Living Spaces? How Rising Rents Are Reshaping Housing Choices

In the ever-evolving narrative of todayโ€™s housing market, a nuanced yet profound transformation is underway. It’s centered around the escalating dynamics of rent and its consequential influence on individuals currently residing in single-person households. This shift isn’t merely anecdotal; it’s a trend with substantial implications that could redefine the landscape of housing availability. Delving into

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Brighter Horizons Ahead? A Positive Outlook for the 2024 Housing Market

Let’s step into the shoes of Jeff and Eileen, a couple who had embarked on what seemed like an endless journey toward homeownership. Just a few months ago, their dream felt nearly unattainable in a market where every open house led to a bidding war and listings disappeared faster than they appeared. Like many others,

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Beyond the Hype – Unmasking the Real Challenges of House Hacking for Young Homeowners

In an era where traditional routes to homeownership are increasingly fraught with challenges, especially for Gen Z and millennials, innovative strategies like house hacking are emerging as beacons of hope. However, is this trend truly the panacea it’s made out to be? This blog post, inspired by a recent article on cnbc.com, delves into the

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Home Sales Plunge to Historic Lows Amid 2023 Market Turbulence

The housing market in the United States is currently facing one of its most challenging periods in recent history. October 2023 marked a startling milestone, with home sales plunging to a 13-year low. This dramatic downturn is the culmination of various economic pressures, most notably the escalating interest rates and a stifling shortage of available

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