invest: Saint Louis Real Estate-Market Watch February 6th, 2010
- 02/08/10 04:35 AM
The St. Louis Real Estate Market continues to show good signs of activity, both on the buying side as well as the selling side. We see increases in active listings, homes accepting contracts and pending ratios in almost all price ranges. Our average pending ratio has increased by over 1% from last week. Tax credits are certainly fueling buyers and sellers in the market right now. Another reason for this activity should be the pending FHA changes coming as we get closer to spring.
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invest: St. Louis Real Estate-Market Watch November 30th, 2009
- 11/30/09 06:47 AM
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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invest: St. Louis Real Estate-Market Watch October 24th, 2009
- 10/25/09 03:42 PM
The St. Louis Real Estate Market this week heads towards the end of October with activity very stable. Our average pending ratio continues to move in a positive direction, with more homes accepting contracts and getting sold. Our average listing and selling prices are remaining stable also, with the average list price to sales price percentage still at 96 percent. Inventory still remains at acceptable levels at an average of 5.8 months. In an article published by RISMedia.com, the National Association of Realtors proclaimed that existing home sales bounced
The St. Louis Real Estate Market continues to show good signs of activity, both on the buying side as well as the selling side. We see increases in active listings, homes accepting contracts and pending ratios in almost all price ranges. Our average pending ratio has increased by over 1% from last week.
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