St. Louis Real Estate-Market Watch August 8th, 2009

Real Estate Agent with Keller Williams Realty St. Louis

The St. Louis Real Estate Market continues this week with great activity.  The lower price ranges that first time homebuyers typically shop, show an increase in active listings and pending ratios between 16 percent and 18 percent.  Buyer activity in these price ranges continues to be strong.

 Last week, we mentioned that lending requirements have changed recently and that "quick closings" are a thing of the past. 

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