The St. Louis Real Estate Market this week is seeing good buyer activity in the lower price ranges, from $100,000 to $300,000. This activity is being spurred by the new first time homebuyer's tax credit of $8000.00. One note that some buyers may not be aware of is that this First Time Homebuye
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03/08/2009
The St. Louis Real Estate Market this week shows a small dip in active listings, but an increase in homes accepting contracts (pending), thus bumping our pending ratio up to 12.89 percent. The majority of this buyer activity continues to be in the price ranges that move our local market; $100,00
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03/01/2009
The St. Louis Real Estate Market this week continues to see active buyers in the market and a small increase in active listings, especially in the prices ranges at $350,000 and below. Our pending ratio has improved a bit as well, pushing just over 12 percent. Our average days on market are sti
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02/22/2009
The St. Louis Real Estate Market continues to show good activity with buyer activity in the lower price ranges. We experienced a small increase in active listings this week and a small increase in homes that have accepted contracts. We anticipate this activity to continue, especially with our
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02/14/2009
The St. Louis Real Estate Market this week continues to show stable buyer activity. We see about the same number of homes accepting contracts, while our active listings have declined slightly. Thus, our pending ratios are up a bit to 11.15 percent average. First Time homebuyers take note that
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02/01/2009
St. Louis Real Estate-Peeking Into The Future for our local market will probably look a lot like 2008, but with home prices and values still declining a bit into the second quarter of this year. I know that's not the best news you've heard, but that seems to be the consensus when we look at our
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01/25/2009
St. Louis Real Estate- Short Sale Misconceptions Abound. Lately, we have been involved in a number of "short sale" transactions and feel a need to say something here. A brief defintion of a Short Sale is when a homeowner must sell their home for less than they owe on the current mortgage, or mort
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01/18/2009
The St. Louis Real Estate Market this week has slowed just a bit compared to last week's activity. In spite of buyers, and sellers, still waiting we at least are seeing a few more listings coming onto the market. These sellers are undoubltedly making the right move now, as our volume of listings
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01/11/2009
The St. Louis Real Estate Market this week continues to show stable activity. With the Holidays all around us this past week and a half, our active listing numbers and homes accepting contracts have dropped a bit, but that's to be expected. Our pending ratio, however, has risen slightly, provi
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01/03/2009
The St. Louis Real Estate Market this week continues to show good activity, especially in the price ranges of $100,000 up to $300,000. It's not that surprising, as these are the price ranges that keep our market moving. These price ranges are also, co-incidentally, within the FHA financing limi
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12/28/2008
