Our St. Louis Real Estate Market this week is definitely showing signs of Holiday Slow-Down. Over the past two weeks, we've seen active listings decline by 243 listings and homes accepting contracts have declined by 175. Due to this decline, our pending ratio has dropped to 12.77 percent as compared to 16.03 percent just two weeks ago.
Blame the holidays and we think first time homebuyer activity has slowed a bit since the extension has passed. First Time Homebuyers are not faced with such a small window of opportunity
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