From the category archives:

Market Conditions

Will Mortgage Rates Go Down?

by Karen Goodman on August 26, 2011

in Buyers,Market Conditions

While economists debate what will happen with interest rates in the upcoming months, no one can definitively answer the question “Will mortgage rates go down?” What we can do is to look at history and realize that today’s low mortgage rates are the best rates that home buyers have seen in 30 years. Will they [...]

   

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Over the last few months, I’ve been surprised that our higher priced homes have been selling much more easily than low to moderately priced homes. With about 40% of homes selling to 1st time buyers each year, good starter homes that are priced appropriately are usually easy to sell. Even in a tough market. Last [...]

   

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This Month in Real Estate ~ February 2011

by Karen Goodman on February 16, 2011

in Market Conditions

Video Highlights: Check back each month for the latest video housing market report. Home buying affordability at a record high Economists are projecting housing shortages later this year Many areas are reporting low inventory and rising demand Prior “This Month in Real estate Video” reports…

   

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Don’t miss the beginning of this series: Part 1 – St. Louis Sales Trends from 2001-2010 Part 2 – How Many Homes and Condos Failed to Sell? Part 3 – 2010 Home Sales by Price Range Part 4 – 2010 Condo Sales by Price Range How Much Did St. Louis Sellers Reduce their Price to [...]

   

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Don’t miss the beginning of this Series: Part 1 – St. Louis Sales Trends from 2001-2010 Part 2 – How Many Homes and Condos Failed to Sell? Part 3 – 2010 Home Sales by Price Range Condo sales followed a similar pattern in St Louis City and County during 2010 except in the very high [...]

   

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Don’t miss the beginning of this Series: Part 1 – St. Louis Sales Trends from 2001-2010 Part 2 – How Many Homes and Condos Failed to Sell? For the last 2 years, I have reported that the majority of buyers were choosing lower priced homes and there was little demand in  higher price ranges. Even [...]

   

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