The St. Louis Real Estate Market this week continues to show positive signs with more active listings, more homes accepting contracts (pendings) and consequently our average pending ratio has climbed above 13% for the first time since November 2007.
Our St. Louis Real Estate Market seems to be keeping ahead of the national trends, however. Check out Inman News' article by John Burns untitled, "Real Estate's February Report Card".
In his article, John Burns gives an overview of the current National Real Estate Health and talks about our current economic growth, the Leading indicators, Mortgage rates, Consumer behavior and New home Markets.
In his review of Existing or Re-sale home sales he states that nationally, existing home
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