November 2018

Order your pie today - Click here! 

Our Annual Thanksgiving Pie Giveaway is almost here. Have you signed up yet?

As we mentioned in a recent update, the Gellman Team would like to take some of the Turkey Day baking off of your plate by offering our friends and clients free apple and pumpkin pies. 

To reserve yours, all you need to do is register at www.thegellmanteamevents.com by November 14.

The pies will be ready for pickup on November 19 and November 20 between 12 p.m. and 6 p.m. at our office, so be sure to come out for complimentary coffee, treats, and, of course, free pie. 

"For what is now our third consecutive year, the Gellman Team would like to take some of the Turkey Day baking off of your plate."

Welcome to another edition of Mark’s market update. Well the weather is definitely changing, and so is the real estate market. Over the last few months we’ve been continuing to discuss interest rates, inventory levels, and sales. As an update, interests rates are over 5%, and it looks like they're here to stay. Depending on what the Federal Reserve does in December (expect another rate increase), it looks like these rates could rise to 5 1/4 to 5 1/2 over the next 3-5 months. This is something we definitely have to pay attention to, as the increase in rates will continue to impact buying power. Regarding inventory levels and sales; disappointingly, homes over $1 Million in St. Louis County and St. Charles County saw the highest Inventory levels