The St. Louis Real Estate Market this week is starting to follow our typical Fall trends with fewer new active listings. Of the active listings out there, we are still seeing pending ratios (homes accepting contracts) well above the 20percent mark in the lower price ranges.
The St. Charles County market is on FIRE in their lower price ranges. In the $100,000 to $125,000 range, 42 out of 75 active listings have accepted contracts in the last 30 or so days, for a
The Saint Louis Real Estate Market this week continues with good activity as Fall is upon us. This is the time of year we start to see activity falling off a bit, but not so this year-so far.
Compared to this same week last year, we are seeing increased numbers of homes accepting contracts (pending) in all price ranges from $100,000dollars up to $400,000 dollars. Our pending ratio this week sits at 16.51 percent
The Saint Louis Real Estate Market this week shows a few less active listings and a few less homes accepting contracts, but the number of homes being sold continues to climb. Our lower price ranges, as usual this year, tend to account for the majority of the activity.
First Time homebuyers are a large part of this activity, but we also see many active second
The Saint Louis Real Estate Market this week continues to see buyers actively shopping for their first new home. We are also seeing good activity from "move-up" buyers looking for their next home. Some of these "move-up"buyers have recently sold, or are in the process of selling, their current residence to a First Time Home Buyer, and now need to find a another home.
Homes accepting contracts (pending) are increasing somewhat each week, driving our average pending ratio up to 16.32% this week. Pending ratios continue to be well above the 20 percent mark in our lower price ranges.
We continue to hear about the possible extension of
The St. Louis Real Estate Market this week shows increases across the board with more active listings, more homes accepting contracts and pending ratios up from last week. Driving these increases are primarily the lower price ranges where a lot of first time homebuyers are moving full steam, as their window to qualify for the $8000 dollar tax credit is closing, and not too slowly now.
The St. Louis Real Estate Market this week shows a slight increase in active listings and and increase in homes accepting contracts and sold. This activity has pushed the pending ratio up three quarters of a point to 15.27 percent.
Activity in the lower price ranges still accounts for the majority of our sales, as first time homebuyers scramble to beat the deadline of November 30th. November 30th is the last day a buyer will be able to close on a home and still qualify for the $8000.00 tax credit.
If you are keeping up with the news, nationally and locally, you have undoubtedly
The St. Louis Real Estate Market this week continues with great activity in the lower price ranges, from $100,000 up to $250,000. St. Louis County pending ratios are anywhere from 16 percent up to 21 percent in these price ranges.
It's worthy to note that in St. Charles County, the same price ranges are exhibiting pending ratios from 12.7 percent up to a high of 36.5 percent.
With a little less than 3 months left before the First Time Homebuyer Tax Credit of $8000.00 expires, buyer
The past several weeks we have been touting the benefits to First TimeHomebuyers and why they should get out there and buy now. Whether you are a first time homebuyer, a repeat buyer, a second home buyer or a seller in this market, there are incentives for you too.
The St. Louis Real Estate market this week has not showed any signs of slowing down. August usually slows a bit due to hot weather and the beginning of a new school year. This year, we have not seen a typical St. Louis August, or for that matter, we haven't seen a typical St. Louis summer this year. Our summer weather this year is more reminiscent of Wisconsin, Michigan or even Minnesota summers.
This is great house-hunting weather and has definitely contributed to our real estate activity. First Time Homebuyers have also done more than their part to help keep activity high.
The St. Louis Real Estate Market this week still has first time homebuyers scrambling to find and buy their first home as the November30th deadline to close looms near. With Lender disclosure requirements re-vamped and FHA loan funding giant, Taylor, Bean & Whittaker ceasing to do business last week, challenges for first time homebuyers and others seem to be mounting.
A real estate weblog ...
To help people stay well informed about trends in the St. Louis area real estate market. Daily updates include news, views and topical issues. Please post your comments, thoughts and ideas. We'd love to hear from you.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
;)
;)
