The 37 percent increase is blamed on banks repossessing homes that were in the foreclosure process.
Coldwell Banker Gundaker President says the St. Louis housing market hasn’t been this high since April of 2013.
93 percent of all the housing units downtown are occupied, up 1 percent from the year before, say the latest stats from Downtown STL Inc.
Wildwood, St. Charles, Ballwin and High Ridge are some of the hot spots for new home construction.
The next census is five years away, but already some are wondering if the city’s population could dip below 300,000 people for the first time since the 1870s.
New sales in January were up 7 percent, and February is seeing double-digit increases over last year.
It’s a success story years in the making, and one that some doubted would ever happen: the rejuvenation of the St. Louis housing industry.
The latest figures from RealtyTrac show a 9 percent drop in underwater homeowners nationally in the last year, but only a two percent drop in St. Louis.
Due to frigid conditions in much of the nation, February’s real estate wrap-up required boots and a shovel, as well as deeper pockets.
A new study finds that St. Louis is one of the three best metro areas for home ownership.