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Missouri REALTORS® Market Statistics Report | June/Second-Quarter 2024

By Missouri REALTORS posted 2 days ago
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FOR IMMEDIATE RELEASE July 23, 2024 COLUMBIA, MISSOURI – Missouri REALTORS ® is pleased to share a monthly statistics report highlighting the Missouri real estate market for June 2024, including second-quarter results. Missouri REALTORS ® sold 6,854 residential properties in June. While mortgage rates remained higher in June compared to the same period last year, the median sale price increased 7.3 percent, coming in at $280,000. The average residential sale price also increased 4.8 percent from last year to $332,973. In terms of total dollar volume, fewer home sales resulted in a 4.3 percent decrease in June compared to last year and a 1.7 percent decrease ...
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Protecting the American Dream in the Primary Election

By Missouri REALTORS posted 4 days ago
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As a Missouri REALTOR ® , the upcoming primary election on August 6th presents an opportunity for you to make your voice heard. These local primary elections hold significant implications for both the state and our industry at large. Voting in the primary election isn't just about selecting candidates. It's about safeguarding the American Dream of homeownership. Why Your Vote Matters Primary elections lay the groundwork for the general elections, determining which candidates will be on the ballot in November. These candidates will shape policies that directly impact real estate transactions, taxation, property management, and more. By voting in the primary, ...
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Leadership Spotlight: Tami Smith

By Missouri REALTORS posted 4 days ago
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Missouri REALTORS ® are so much more than just real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer and facilitate industry discussions. Their philanthropic efforts are inspiring, and the difference they are making within their communities is significant. Our Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are excited to put the Leadership Spotlight on Tami Smith, whose blend of professional expertise and community service makes her a standout member of our association. Tami Smith has built ...
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June is Homeownership Month

By Missouri REALTORS posted 06-21-2024
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For many, homeownership is more than just a milestone; it’s a cornerstone of the American dream and a vital component of financial stability and community building. As we honor Homeownership month this June, here's why owning a home is so incredibly important: Building Equity and Financial Stability Owning a home is one of the most effective ways to build long-term wealth. Each mortgage payment contributes to your home equity, a valuable asset that can appreciate over time. Unlike renting, where your monthly payments benefit the landlord, homeownership ensures that your money is invested in your future. Over time, this equity can be leveraged for loans, college ...
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Leadership Spotlight: Dan Stoner

By Missouri REALTORS posted 06-21-2024
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Missouri REALTORS® are so much more than just real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer and facilitate industry discussions. Their philanthropic efforts are inspiring, and the difference they are making within their communities is significant. Our Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Dan Stoner. With a career marked by professional excellence and a commitment to giving back, Dan has consistently demonstrated leadership both in his ...
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Missouri REALTORS® May 2024 Statistics Report

By Missouri REALTORS posted 06-21-2024
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FOR IMMEDIATE RELEASE June 21, 2024 COLUMBIA, MISSOURI – Missouri REALTORS ® is pleased to share a monthly statistics report highlighting the Missouri real estate market for May 2024. Missouri REALTORS ® sold 7,260 residential properties in May. While mortgage rates remained higher in May compared to the same period last year, the median sales price increased 5.1 percent, coming in at $268,000. The average residential sale price also increased 6.8 percent from last year to $319,760. In terms of total dollar volume, increased home sales resulted in a 13.4 percent increase in May compared to last year, with a 22 percent increase compared to April. Over 2.32 ...
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Missouri REALTORS® Further Commitment to Local Communities During REALTOR® Volunteer Days

By Missouri REALTORS posted 06-13-2024
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FOR IMMEDIATE RELEASE June 13, 2024 Columbia, Missouri – Missouri REALTORS ® throughout the state participated in the National Association of REALTORS ® (NAR) 2024 REALTOR ® Volunteer Days, June 1-9. This exciting initiative encouraged REALTORS ® to participate in the REALTORS ® Are Good Neighbors nationwide philanthropic initiative while maximizing the impact of their volunteer time. “Across the country, almost 66% of all REALTORS ® volunteer monthly in their community,” said Derek Schriewer, 2024 President of Missouri REALTORS ® . “Giving back is part of who we are as both people and as professionals.” Throughout the ...
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Capitol Update: May 23, 2024 | 2024 REALTORS® Session Wrap-Up

By Missouri REALTOR Party posted 05-23-2024
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Missouri REALTORS ® , The 2024 Missouri Legislature slogged to adjournment on Friday, May 17, with the final gavel in the House falling more than three hours before the 6:00 p.m. constitutional deadline to end business. The Senate actually quit work for the session on Friday morning - eight hours early - shortly after the invocation and the Pledge of Allegiance. Senate Majority Leader Cindy O’Laughlin said she only waited that long to make the motion to adjourn to allow senators to let tension die from the previous day’s squabbles. The House stayed in session for a few more hours, to take final votes on a few pending Senate bills. Thousands ...
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Leadership Spotlight: Christina Merrell

By Missouri REALTORS posted 05-22-2024
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Missouri REALTORS ® are so much more than just real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer and facilitate industry discussions. Their philanthropic efforts are inspiring, and the difference they are making within their communities is significant. Our Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Christina Merrell. Christina Merrell, a member of the Mark Twain Association of REALTORS ® , exemplifies true dedication and leadership in the ...
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Building Communities | REALTORS® Lead the Way in Volunteerism

By Missouri REALTORS posted 05-22-2024
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There's a thread that connects all REALTORS ® together: an unwavering commitment to community. As pillars of their neighborhoods, REALTORS ® not only facilitate home sales but also champion community service initiatives. The recent release of the Community Aid and Real Estate (CARE) Report by the National Association of REALTORS ® sheds light on the remarkable dedication of REALTORS ® and REALTOR ® associations toward community service. Despite facing challenges of an ultra-competitive market, REALTORS ® always make time to prioritize giving back. According to the CARE Report, monthly volunteering and annual monetary donations have ...
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President’s Blog | A Look Back at the 2024 Spring Business Conference

By Derek Schriewer posted 05-01-2024
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Missouri REALTORS ® , We recently concluded a successful Spring Business Conference in Kansas City with nearly 500 Missouri REALTORS ® members, affiliates, and sponsors in attendance! Following governance meetings and educational offerings on Tuesday, members participated in the Opening General Session that afternoon, which featured keynote speaker Nick Krautter, REALTOR ® and author of the Golden Handoff. Nick discussed business planning amidst industry changes. View the recording . Wednesday began with governance meetings and additional educational opportunities, followed by the Emerging Issues Forum. During this time, members heard from Mitchell Skinner, ...
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Capitol Update: April 30, 2024 | Unfinished Business Lingers as Deadline Approaches

By Missouri REALTOR Party posted 04-30-2024
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Missouri REALTORS ® , The Missouri Legislature is scheduled to adjourn at 6:00 p.m. on Friday, May 17. The clock is running quickly for legislative business and lawmakers have major unfinished business with the Missouri budget for the state fiscal year that starts July 1. The budget is legally required to be passed by May 10. Senate leadership wants to debate the budget on the floor this week and advance it toward passage. But Senate members of the hard-line Freedom Caucus have a list of sometimes-shifting demands, including that they will hold up passage of a key measure that helps pay for Medicaid if their demands are not satisfied. The key measure is ...
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Missouri REALTORS® Discuss Industry Hot Topics During Spring Business Conference

By Missouri REALTORS posted 04-29-2024
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FOR IMMEDIATE RELEASE April 29, 2024 COLUMBIA, MISSOURI – Nearly 500 Missouri REALTORS ® , affiliates, and sponsors from across the state gathered for Missouri REALTORS ® Spring Business Conference, April 23-25, in Kansas City. The conference began Tuesday with governance meetings and educational offerings, followed by the Opening General Session that afternoon, where Missouri REALTORS ® welcomed Nick Krautter, REALTOR ® and author of the Golden Handoff: How to Buy and Sell a Real Estate Agent’s Business. During this time, Krautter discussed business planning amidst industry changes. Throughout the week, members attended governance meetings and educational ...
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Leadership Spotlight: Michael Jacques

By Missouri REALTORS posted 04-29-2024
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Missouri REALTORS® are so much more than just real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer and facilitate industry discussions. Their philanthropic efforts are inspiring, and the difference they are making within their communities is significant. Our Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Michael Jacques. Michael Jacques with The Jacques Company has proven time and time again his dedication to serving the Greater Springfield area as ...
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Missouri REALTORS® Market Statistics Report | March/First Quarter 2024

By Missouri REALTORS posted 04-29-2024
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FOR IMMEDIATE RELEASE April 29, 2024 COLUMBIA, MISSOURI -- Missouri REALTORS ® is pleased to share a monthly statistics report highlighting the Missouri real estate market for March 2024, including 2024 first-quarter results. Missouri REALTORS ® sold 5,686 residential properties in March. While mortgage rates remained higher in March compared to the same period last year, the median sales price increased 5.5 percent, coming in at $247,850. The average residential sale price also increased 5.2 percent from last year to $292,427. In terms of total dollar volume, over 1.66 billion dollars was generated in March compared to 1.60 billion dollars for the same ...
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Capitol Update: April 8 | IP Reform and Foreign Ag Land Sales

By Missouri REALTOR Party posted 04-08-2024
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Missouri REALTORS ® , Let's begin with some REALTOR ® Days Kudos: The Missouri Scout daily politics newsletter recently tipped its hat to the Capitol presence this session of REALTORS ® from across the state - another indicator of the grassroots strength of our association: “REALTORS ® Working The Halls: It’s no secret that the Missouri REALTORS ® are standing firm against SJR 74, which requires concurrent majorities to pass constitutional amendments by initiative petition. The REALTORS ® – Missouri's largest professional trade association – have twice successfully used the IP process to protect citizens from higher taxes. The REALTORS ® have been quietly ...
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Read, Watch, Listen: Fair Housing Resources

By Missouri REALTORS posted 04-01-2024
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April is Fair Housing Month, a time to reflect on the importance of housing equity, as well as the challenges that continue to limit accessibility. As Missouri REALTORS ® , we have a responsibility to stay informed on the history of fair housing and to remain engaged in advancing fair housing initiatives within our communities. Quite simply: A commitment to fair housing is a commitment to the American Dream of homeownership. With National Association of REALTOR ® courses like At Home With Diversity, Bias Override: Overcoming Barriers to Fair Housing, and Fairhaven, in addition to the Diversity & Inclusion Learning Series at this year’s Spring Business ...
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Missouri REALTORS® Business Conference Testimonials

By Missouri REALTORS posted 03-22-2024
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In January, hundreds of Missouri REALTORS ® kicked off the new year with the 2024 Winter Business Conference in St. Louis. Despite the chilly weather, attendees enjoyed a week of enlightening sessions led by industry experts and invaluable networking opportunities. Following January's conference, @Will Klein , a St. Charles REALTOR ® , sparked a discussion on The LANDING by asking: What was your favorite moment and/or take away from the conference? The flood of responses was nothing short of fantastic. As we gear up for the 2024 Spring Business Conference , we wanted to reflect on these testimonials. Whether you're familiar with Missouri REALTOR ...
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Leadership Spotlight: Kimberly Turner, Esq.

By Missouri REALTORS posted 03-22-2024
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Missouri REALTORS® are so much more than just real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer, and facilitate industry discussions. Their philanthropic efforts are inspiring, and the difference they are making within their communities is significant. Our Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Kimberly Turner, Esq. Kimberly Turner, with Worth Clark Realty, serves the St. Louis and St. Charles areas as both a dedicated REALTOR® and leader. ...
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President’s Blog | Join us at the Spring Business Conference!

By Derek Schriewer posted 03-21-2024
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Missouri REALTORS ® , Our Spring Business Conference will take place April 23-25 in Kansas City and I’m excited to see everyone in just over a month. This will be a great opportunity to learn more about anticipated and upcoming changes resulting from the National Association of REALTORS ® (NAR) settlement that was recently announced. During this time, you will also be able to attend governance meetings, hear from guest speakers, and participate in numerous networking and educational sessions. We will get the week started on Monday with “Living the Dream | Fair Housing for All.” Hosted by the Missouri Chapter of REALTORS ® Land Institute (RLI), this event ...
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