Though house prices continue to inch upward in the St. Louis region, the number of homes listed is not following suit, and that’s leading to buyer frustration and fatigue.
New figures released this morning bring mixed news for the St. Louis housing market.
The National Association of Realtors data shows that sales of homes of $250,000 or less dropped 12 percent in the same period.
Though home prices are skyrocketing in other cities, St. Louis is seeing more modest numbers.
St. Louis home prices are rising, but not as quickly as the national trend.
The housing market in the St. Louis area is on rise, according to real estate experts.
While the sales of foreclosed upon homes are dropping across the United States just released figures show that Missouri is bucking the trend.
One real estate company is giving good news to St. Louis home sellers- prices are staying up and inventory is going down.
St. Louis continues to be one of the least expensive places to live among big metropolitan areas.
“Thirty percent of the homes on the market right now are foreclosures. It’s not fair people to have to be paying for something that the value is not there.”