St. Louis Real Estate
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Most real estate agents don’t like Zillow. Initially, I think it was a reaction to losing control. For years, agents where the keepers of the housing data. Buyers and sellers had to call an agent when they were trying to determine the value of a home. Public tax records offered the sale price of properties, [...]
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Over the last few days I’ve reported on the St. Louis housing market statistics for 2008. In order to understand how the housing market is doing, two additional factors need to be examined in addition to the number of homes and condos selling per price range. How Long Does it Take to Sell: One of [...]
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Compared to single family homes, the condo market follows the same pattern across the 3 counties that make up the majority of the St. Louis region sales. Though plenty of single family homes have been selling under $100,000, the numbers are dramatically lower for dirt cheap condos. Regardless of the county, the majority of condos are [...]
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Earlier this year I reported that the majority of buyers were choosing lower priced homes and there was little demand for higher priced homes. Even with the daily bad economic news, people still bought homes last year. But, buyers concerned about the economy clearly made conservative spending choices. Homes appropriate for first time buyers and [...]
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Yesterday one of my home listings sold with multiple offers. In November. In a down market. In 2 days. Yes, even in a down market, there are homes that sell in in the fall and winter with multiple offers just after coming on the market. We went live in the MLS on Thursday afternoon. On Friday, my [...]
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Over the last few days I’ve reported on market statistics for single family homes and condo sales for the first half of 2008. One more piece of the puzzle that should be examined is how long it is taking properties to sell this year. It’s also important to see how the length of time to sell a property affects [...]
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