St. Louis Real Estate-Market Watch April 5th. 2008

 The St. Louis Real Estate Market for the first week of April continues a fairly flat performance so far.  We are still seeing a small increase in active listings, and a small increase in homes sold, however, our pending ratio has dropped by more than 1 percent this week.  With the small increases in active listings and homes sold, we would expect the pending ratio to remain close to constant. However, we also are seeing a decrease in the number of homes accepting contracts, which will drive the pending ratio lower. 

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