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Market Conditions Report for Lafayette Square for the Week of June 21, 2009 (St. Louis, Missouri)

By
Real Estate Agent with PREA Signature Realty - www.preasignaturerealty.com

PREA Signature Realty - Market Conditions - Lafayette Square

If you are interested in purchasing a single family home, townhome, condominium or loft in Lafayette Square, there has never been a better time to buy.  In 2008, the median price for homes in Lafayette Square increased 8%.  Lafayette Square continues to hold its value.  With excess supply, the availability of 100% financing and other sales incentives (select properties), low interest rates, and the availability of state historic tax credits for rehabilitation and the federal first-time home buyer tax credits, there has never been a better time to purchase a new home in Lafayette Square.

For more information on local market conditions in Lafayette Square and other neighborhoods of the City of St. Louis, Missouri, please visit our website by clicking on:  Local Market Conditions.  Or, contact Ryan Shaughnessy at PREA Signature Realty at 314-971-4381 or by e-mail to Ryan@PREASignatureRealty.com.

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PREA SIGNATURE REALTY

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PREA Signature Realty is a full service brokerage located at 1709 Park Avenue in the Lafayette Square neighborhood of the City of St. Louis.  PREA Signature proudly serves the following city neighborhoods:  Lafayette Square, Soulard, Benton Park, Benton Park West, Downtown Loft District, Forest Park Southwest, Central West End, Tower Grove East, Tower Grove South, Compton Heights, Shaw, The Hill, Dogtown, Carondelet, Holly Hills, St. Louis Hills, Dutchtown, and the Other Historic Neighborhoods of the City of Saint Louis, Missouri. 

The opinions expressed herein represent the opinions of the author only and do not reflect the opinions of PREA Signature Realty.  All photos and written content were produced by PREA Signature Realty.  All Rights Reserved - PREA Signature Realty (2009).  This content may not be reproduced or reprinted, except for Active Rain re-blogging, without express written permission of PREA Signature Realty.

For more information, visit our website at www.PREASignatureRealty.com or contact Ryan Shaughnessy at 314-971-4381 or send an email to Ryan@PREASignatureRealty.com

Comments(2)

Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Ryan I so agree with you that condition is right for home purchase.  Large inventory, tax incentives and low rates.  Here is hoping many will make use of this favorable buying opportunity.

Jun 22, 2009 02:28 PM
Ryan Shaughnessy
PREA Signature Realty - www.preasignaturerealty.com - Saint Louis, MO
Broker/Attorney - Your Lafayette Square Real Estate Partner

Jennifer - It is a great time to buy - no doubt about it. 

Jun 22, 2009 02:33 PM