Explaining Today’s Housing Shortage The current housing market is experiencing a severe shortage of available homes for sale. Several factors have contributed to this shortage. Key Factors Behind the Shortage There are some market conditions impacting this shortage. Here are a couple of the big ones: Decline in New Construction Builders have not been constructing […]
Why Are the Experts Changing Their Minds? If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for […]
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the […]
Buyers Are Making Moves Right Now From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and […]
Did You Know:On Average There Were About Three Offers on a Home that Closed in May The bidding war for homes is in full swing. With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly […]
Changes are afoot on the national housing market that suggest that this year is going to increasingly favor the home seller. And that means buyers will likely be paying more for real estate in 2014. According to a recent news article, the National Association of REALTORS® recently reported that nearly 5.1 million homes sold last […]
Experts emphasized recently what they’ve been saying for weeks: The US housing market will show even better gains in 2014. Evidently, experts believe that it will be a good year for housing, despite the fact that sales are likely to level off slightly. Those interested in buying and selling real estate in the US in […]
Months of Home Inventory in St Louis: Is There a Shortage of Homes for Sale? Is the St. Louis area suffering from a shortage of homes for sale? Nationwide, there were 2.16 million homes available in April, the fewest amount of homes for sale since 2001 according to the National Association of Realtors. Is this true […]
Recovery for the St. Louis Housing Market in 2012? New Years Day is a reflective time for many people. We spend time looking at the recent past and try to conjure up a vision for the year ahead. In real estate it’s been a year that many would like to forget. But what about 2012? Is there some evidence of […]
St. Louis Housing Market Home Sales Increase by Baby Steps Remember Dr. Marvin’s advice to Bob Wiley? Sales of single-family homes in the St. Louis Metro area took some “Baby Steps” in a positive direction when compared with the same month last year according to today’s Post Dispatch and Tim Logan. In fact, metro area prices […]
