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Brentwood lawsuit to test Missouris eminent domain law [Video]

BRENTWOOD, Mo. – Some small businesses are suing the City of Brentwood after they’ve declared the business’ property as blighted. That designation opens the door to eminent domain, an important step in the city’s $436 million redevelopment plan for Manchester Road.

Time for Dinner has fed families in Brentwood for 20 years.

“What we do is help you get good meals on the table,” Amy Stanford, who owns Time for Dinner with her sister, said.

She worries about how much longer they will be at their location on Manchester Road in Brentwood.

“It’s just terrifying to think that we might have to move, plus everybody knows where we are,” Stanford said.

Time for Dinner is one of 75 properties along a stretch of Manchester Road between Mary Avenue and Hanley Road that the city has declared blighted. Once blighted, the city can use eminent domain to take ownership of the …

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Experts predict a promising 2025 for homebuyers with more choices [Video]
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Experts predict a promising 2025 for homebuyers with more choices [Video]

The housing market has had *** tough year, but if you're looking to buy *** home in 2025, experts predict there's some good news. It's going to be *** better year for home buyers. Lawrence Yon with the National Association of Realtors says more homes are expected to come onto the market, giving buyers more options, so more choices, more inventory that will lead to boosts and home sales. The other good news mortgage rates are expected to come down. As of last week, the average rate on *** 30 year fixed mortgage was 6.72% according to Freddie Mac, but Yo predicts those rates to come down closer to 6%, which can make *** big difference for your wallet. Even *** 0.5% point change in mortgage rate could mean about $150 savings in monthly mortgage costs. Here's the bad news. Home prices aren't expected to come down anytime soon. In fact, they're expected to rise. The NAR predict. The median existing home sale price to be $410,700 in 2025, but Yo recommends buyers should still negotiate on the price and shop around for the best mortgage rate. Look for the mortgage lender who offers the best rates and even consider adjustable rate mortgage. And if you are in the market to buy *** home, Yon suggests not taking on large debt like *** car loan before you're approved for *** home loan. For Consumer Watch, I'm Jen Sullivan.

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