The Gellman Team Real Estate Blog

Welcome to another edition of Mark's Market Update. Great news for buyers - interest rates hit a 2 year low! Now, what is happening in the market? We talk about St. Louis County, St. Louis City, St. Charles, and Jefferson County, as markets we track. We look at SALES UNITS, not sales dollars because when prices go up and the sales units go up or stay the same then overall volume increases. We are focused on what happened re: the NUMBER of PROPERTIES SOLD May 2019 vs May 2018. When we look at St. Louis County, sales units were down 10%, St. Louis City sales units down 3%, St. Charles sales units were down 12%. The interesting thing is that in all of those markets the INVENTORY UNITS were actually higher. St. Louis County inventory units

Here at The Gellman Team, we cultivate a sharing-centric environment. We support each other, and we take pride in creating a culture where each agent knows that we’re all in this together. That’s the true definition of a team, and today we want to share a few quick testimonials from the very people who make this team thrive to tell you more about what it’s like to work here and how we help all of our agents reach their goals.

Hello Clients, Family & Friends -

We just wanted to reach out one final time to say thank you for attending our recent client appreciation event at Saratoga Lanes last weekend. We had so much fun and we hope you did too! Thank you for giving us the opportunity to serve you, and for putting your trust in The Gellman Team. Helping you achieve your real estate goals means everything to us.

Look out for our next client appreciation event in the next few months. We will be renting out a theater and showing a summer blockbuster. We hope to see you there as well. To see my full message, watch this short video.

The Gellman Team

Hello Clients, Family & Friends -

The Gellman Team is so excited to see you this Sunday, Apr 14 from 2:00pm to 6:00pm at our 3rd Annual Client Appreciation bowling party at Saratoga Lanes (2725 Sutton Blvd, Maplewood). There will be bowling, pool, darts, face painting, food & drinks. If you have any additional friends or family that would like to attend, feel free to bring them along as well. We can't wait to bowl with you! To hear our full message, watch this short video.

Looking forward to seeing you!

The Gellman Team

Our third annual Client Appreciation Party is soon! Here’s how to RSVP for this year’s event. 

We’re so excited for our upcoming client appreciation event at Saratoga Lanes. You’ve joined us in the past, but we haven’t gotten your RSVP yet and we really hope you can join us this year. It’s on April 14 from 2 to 6 p.m. at Saratoga Lanes (2725 Sutton Blvd. Maplewood, MO 63143) and there will be great food, drinks, darts, and of course, bowling. To RSVP, visit this link or give us a call at (314) 446-7531. Please RSVP by April 9. 

RSVP

Yes, Count Me In

No, I Can't Make It

Our third annual Client Appreciation Party is just over a week away. Here’s how to RSVP for this year’s event. 

We’re so excited for our upcoming client appreciation event at Saratoga Lanes. You’ve joined us in the past, but we haven’t gotten your RSVP yet and we really hope you can join us this year. It’s on April 14 from 2 to 6 p.m. at Saratoga Lanes (2725 Sutton Blvd. Maplewood, MO 63143) and there will be great food, drinks, darts, and of course, bowling. To RSVP, visit this link or give us a call at (314) 446-7531. Please RSVP by April 9. 

RSVP

Yes, Count Me In

No, I Can't Make It

Welcome to another edition of Mark's Maket Update great news for buyers this week, interest rates hit 4%! We were just talking 5-5 1/4 3 to 4 months ago, so its amazing that we've been talking about interest rates potentially raising and yet they've fallen almost to 4%. Increase buying power for our buyers so that's great news. However, when we talk about inventory levels that's where it really becomes a seller's market - so if we look at overall inventory levels, they are a little higher today than they were this time last year but the biggest difference is new listings as a percent of the active inventory. New Listings, meaning new product coming on the market over the last 30 days, is actually significantly reduced so last year this time 70%

Our third annual Client Appreciation Party is just over a week away. Here’s how to RSVP for this year’s event. 

We’re so excited for our upcoming client appreciation event at Saratoga Lanes. You’ve joined us in the past, but we haven’t gotten your RSVP yet and we really hope you can join us this year. It’s on April 14 from 2 to 6 p.m. at Saratoga Lanes (2725 Sutton Blvd. Maplewood, MO 63143) and there will be great food, drinks, darts, and of course, bowling. To RSVP, visit this link or give us a call at (314) 446-7531. Please RSVP by April 9. 

RSVP

Yes, Count Me In

No, I Can't Make It

Our third annual Client Appreciation Party is just over a month away. Here’s how to RSVP for this year’s event. 

We’re so excited for our third annual Client Appreciation Party. Once again, we’re holding this year’s event at Saratoga Lanes (2725 Sutton Blvd. Maplewood, MO 63143) on Sunday, April 14 from 2 p.m. to 6 p.m. There will be food, drinks, ping pong, darts, and of course, bowling. Make sure you register here and get your RSVP in by April 7 at the latest! If you can’t make it, that’s okay too.

RSVP

Yes, Count Me In

No, I Can't Make It

Welcome to another edition of Mark's Market update. We’re at a hidden gem, Saratoga Lanes, a 103 year old bowling establishment with pool, darts, and it’s just a cool place. We’re actually having our third annual client appreciation party here on April 14, so we love this place! Now, back to Marks Market update. What has happened February over February in the real estate market? Again, we’re going to talk about three specific locations. We’re going to talk about St. Louis County, St. Charles County, and Jefferson County. Inventory remains extremely low, and a little bit unusual is we’re seeing a correlation of inventory being low and the sales numbers being low. Unlike in the past, we’ve seen inventory levels low because sales have been so