government: St. Louis Real Estate-Market Watch October 31st, 2009
- 11/01/09 11:23 PM
The St. Louis Real Estate Market this week is showing some signs of slowing down a bit. Active listings have dropped by about 5 percent, from 4816 last week to 4568 this week. Every price range from $100,000 up to $350,000 has seen decreases in active listings, homes accepting contracts and pending ratios. At this time last year, however, even with over 400 more active listings, we were showing only 527 homes accepting contracts (pending) against 769 homes pending this year at this time. Our average pending ratio last year at this time was 10.6 percent against a pending ratio of 16.83 … (0 comments)
government: Saint Louis Real Estate-Tax Credit Vote Delayed!
- 10/30/09 09:23 AM
After months of speculation, discussion and planning by the legislature and Congress, the much hoped for vote today on extending the First Time Home Buyers Tax Credit has been delayed by the U.S. Senate. The U.S. Senate won't vote until next week at the earliest on proposals to extend the tax credit along with a vote on unemployment benefits for the nations jobless. The Senate's vote was delayed by a Republican demand that a vote be allowed on an amendment to to end the Treasury Department's Troubled Asset Relief Program-TARP-at the end of this year. You can read more about this … (1 comments)
The St. Louis Real Estate Market this week is showing some signs of slowing down a bit. Active listings have dropped by about 5 percent, from 4816 last week to 4568 this week. Every price range from $100,000 up to $350,000 has seen decreases in active listings, homes accepting contracts and pending ratios. 
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