The housing market news for the last 5 years can be summarized pretty simply. Housing prices are down. Foreclosures are up. Mortgages are harder to get, but interest rates are at historically low levels. Inman News, an industry publication, just reported good news for a change. While I always caution people when discussing national trends [...]
by Karen Goodman on August 22, 2011
in Buyers
I’ve been exchanged emails with someone who is moving from Los Angeles to St. Louis, and the discussion came up about how much more you can get in St. Louis for your money. The truth is that what you get for your money varies dramatically depending on what part of town you choose. Here are [...]
I just came across this chart on The Big Picture blog which was created by one of their loyal readers, Steve Barry, to show the changes in home prices (adjusted for inflation) since the Case Shiller index started tracking home prices in 1890. Click on the chart to see a larger version (or here if [...]
For the last few years, most of the news about the housing market has been about how prices are down. Clearly, prices HAVE come down for most properties when you compare today’s value to prices at the peak of the housing boom (2005 or 2006 for most areas). I was one of the people who [...]
St. Louis has very few options for homeowners who want to buy a waterfront home with lake access. Lake St. Louis is the only area in the metro St. Louis area which allows residents to step down to their own dock, jump into their boat and enjoy the day on a 550 acre lake. The [...]
Buy a Home in the Next Upcoming Neighborhood I want to share an article I read yesterday by another great St. Louis real estate agent & blogger, Dawn Griffin. Dawn pointed out that many of today’s trendy (and expensive) parts of St. Louis City have appreciated dramatically in the last 10 years even with the [...]