Posts tagged as:

Cost of Living

For most individual home buyers, there are only a few factors that really matter: • Can I afford this home? • Is it a good investment? • Does it meet my family’s needs? So it’s a bit surprising that the most important housing statistic has gone largely unreported: homes have never been more affordable.  Affordability, [...]

   

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100 Years of Housing Prices

by Karen Goodman on August 15, 2010

in Market Conditions

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 [...]

   

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Yesterday morning on my drive to work, NPR mentioned that St. Louis had the lowest gas prices in the U.S. For the last 6 years, many of my real estate clients have been people relocating to St. Louis. I heard again and again that gas prices in St. Louis were low compared to other parts of the country. [...]

   

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I’ve been working with buyers relocating to the St. Louis area for years, and I find that many people are really surprised to discover that St. Louis home prices are higher than where they currently live. I guess people assume because St. Louis is in the Midwest that prices will naturally be less expensive than where they live. I’ve [...]

   

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