St. Louis Real Estate
From the monthly archives:
A couple of days ago I joined the conversation at Trulia on how a listing agent should react when receiving a call from an unrepresented buyer that wants to see a listing. I’ll be honest. I’m shocked that there are so many listing agents that will ask intrusive questions and make a potential buyer jump through [...]
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I just read a report from Jay Thompson at The Phoenix Real Estate Guy that highlighted the PMI Summer 2008 report on the housing market. In contrast to Phoenix which has a 79.6% chance for lower prices in 2 years (according to PMI), the report claims that St. Louis has only a 1% chance of [...]
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A couple of days ago I wrote a post about how difficult the current market is for new home builders in the St. Louis area. My broker, Shawn Kelsey, has been representing a local builder, Jacaty Construction, for about 10 years. Together, Shawn and Jack Jacaty have sold over 25 homes totaling over $10,000,000. Jack primarily builds inventory homes [...]
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What is wrong with this picture? Hazelwood home listed at $144,500 I just stumbled upon a new listing that is in the same subdivision as one of the homes that I have listed. The reason that I say that I stumbled on it is because the house is listed in the wrong high school boundary. [...]
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Over the last couple of days, I posted the June numbers for St. Louis County and St. Louis City. Below you’ll find the June real estate report for St. Charles County. Just like in St. Louis County and City, available inventory for St. Charles County dropped in June. In addition, the number of closed sales climbed. That’s good news for [...]
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Below is the St. Louis City market report for June. To see yesterday’s post on St. Louis County, click here. As I look over my spreadsheet of the data since the beginning of the year, it is clear that available inventory for the parts of the city that I track has stopped climbing. The number [...]
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