saint louis: Saint Louis Real Estate-Market Watch October 10th, 2009 - 10/12/09 07:52 AM
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 $100,000 dollars up to $400,000 dollars.  Our pending ratio this week sits at 16.51 percent
 
Continue Reading....
(0 comments)

saint louis: Saint Louis Real Estate-Market Watch-October 5th, 2009 - 10/05/09 11:09 AM
 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

Continue Reading...
(0 comments)

saint louis: Saint Louis Real Estate-Market Watch September 26th, 2009 - 09/28/09 06:35 AM
 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 … (0 comments)

saint louis: St. Louis Real Estate-Market Watch September 12th, 2009 - 09/14/09 04:42 PM
 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, … (0 comments)

saint louis: St. Louis Real Estate-Market Watch March 21st, 2009 - 03/22/09 01:13 PM
The St. Louis Real Estate Market this week is showing positive signs with over 100 more active listings coming onto the market and buyer activity increasing.
This increase in activity has pushed our pending ratio up over 13 percent this past week for the first time since August last year. 
Spring is in the air, first
Continue Reading...
(0 comments)

saint louis: St. Louis Real Estate-Market Watch March 7th, 2009 - 03/08/09 01:57 PM
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 Homebuyer's Tax Credit is available to anyone, as long as you have not owned a home in the last three years.  If you previously owned a home, sold it , or by some unfortunate circumstance lost your home, and are
 
Continue Reading...
(0 comments)

saint louis: Saint Louis Real Estate-Market Watch July 19th, 2008 - 07/20/08 09:43 AM
The Saint Louis Real Estate Market this week sees our buyer activity remaining steady, with only a few new active listings.  Our average pending ratio has climbed to 14.46% with a few more homes accepting contracts. 
With the heat of summer and interest rates inching upward to around 6.26% for a 30

Continue Reading...
(0 comments)

saint louis: Saint Louis Real Estate-Market Watch July 12th, 2008 - 07/13/08 09:56 AM
The Saint Louis Real Estate Market this week continues to show signs of "buyer hesitation" evidenced by a slight increase in active listings with the pending ratio dropping below 14%. 
With buyers hesitating, not knowing where or when home prices will "bottom out", and some sellers remaining unrealistic with their pricing, we have to ask, "Where are

Continue Reading...
(0 comments)

saint louis: Saint Louis Real Estate-Market Watch July 5th, 2008 - 07/06/08 04:05 AM
The Saint Louis Real Estate Market this week seems to be slowing a bit with fewer active listings and fewer homes accepting contracts. Thus, our pending ratio has dropped to 14.47 percent. 
This is the time of the year where we should be at our peak for listings and sales activity.  As the summer progresses, it is usually the heat of the summer that tends to slow activity.  This summer, with almost perfect weather so far, we see this slow-down fueled by (no pun intended) the increase in gas prices, interest rates adjusting upward a bit
 
Continue Reading...
(0 comments)

saint louis: St. Louis Real Estate-Market Watch March 22nd, 2008 - 03/23/08 05:18 AM
The St. Louis Real Estate Market this week is WET!!  The two days plus of rain we experienced this past week has created more challenges for buyers and sellers.  Who ever said, "If you don't like the weather in St. Louis, wait a day or so" has been proven correct again.  This past week we've gone from summer temperatures to Spring rain storms and flooding to snow. 
Our weather however, hasn't put much of a damper on our market moving towards spring with the pending ratio climbing to 15.97 percent over last week's 15.06 percent. 
The Fed, once again, is trying … (0 comments)

 

Doug Aegerter

Fenton, MO

More about me…

Keller Williams Realty St. Louis

Address: 10936 Manchester Rd, St. Louis, MO, 63122

Office: (314) 677-6424

Mobile: (314) 640-1778

Email Me

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.


Links

Archives

RSS 2.0 Feed for this blog