We buy houses no matter the condition or circumstance.
Definitely, you can’t rely on happenstance or sheer luck if you need to sell house fast. Affton and other St. Louis County residential real estate markets, in addition, do not court much fate or fortune nowadays. For those who are under pressure to sell house fast, the local home market has become a tough nut to crack nowadays even with the services of an agent or broker.
Home affordability is one major constraint that that is now hindering many prospective buyers from engaging the local residential property market. St. Louis has lost its ranking as one of the most affordable home buying destinations in the U.S., according to one recent industry report.
This study, conducted by RealtyTrac, found out that affordability is declining in the St. Louis area as a result of home prices rising faster than wage increases. This report listed the county among large U.S. counties that recently dropped below well under its historic affordability level registered back in 2005 prior to the housing bust.
More Buyers Sidelined
RealtyTrac’s estimate indeed douses cold water on hopes of homeowners pressured to sell house fast. Affton and other St. Louis home sellers face a discouraging wide disparity between the gain in median home sale price and growth in income, which put a lot of prospective buyers on the sidelines.
As per the RealtyTrac figures, the median sale price of a St. Louis County home rose by 11 percent over the past year. On the other hand, incomes of households gained by only 1 percent. Therefore, it became more difficult for prospective buyers to afford a residence in the county’s metro areas. Given this situation, it could truly be a challenge even if property owners engage the services of a real estate agent to sell house fast.
Affton, like most of the older suburbs of St. Louis, has another peculiarity. Like most Midwestern cities, the local markets have a disproportionately large number of older residential properties, which thus make them less attractive to prospective buyers. Notably, in Affton, the bulk of the residences were built in the 1950s and the 1960s, making them unlikely to get that much attention from choosy buyers in the traditional market.
How to Ease the Selling Process
All these issues, however, are out of the window for home sellers who choose to engage us at House Sold Easy. As long-time real estate investors, we buy houses even though these are old, outdated, or in need of repairs. As-is homes are par for the course for us, and sellers need not spend on any upgrade.
Our buying procedure is tailor-fit for property owners under pressure to sell house fast. Affton home sellers whom we’ve done business with before were delighted having received a fair market offer at once after our brief walkthrough of their property.
As real estate investors for more than 10 years, we already have established funding mechanisms on all our purchases. For this reason, our buying professionals can readily come up with an offer, arrange a settlement date promptly, and produce cash payment to ease the pressure of folks who need to sell house fast.
Plot the sure course to sell house fast through House Sold Easy. Call us at 636-525-1566 for a free, no-obligation quote on your property.