St. Louis Real Estate-Market Watch March 21st, 2009

Saint Louis Real Estate-Market Watch by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo.
March 21st, 2009
The Anatomy of St. Louis Real Estate

The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome!

The St. Louis Real Estate Market this week is showing positive signs with over 100 more active listings coming onto the market and buyer activity increasing.

This increase in activity has pushed our pending ratio up over 13 percent this past week for the first time since August last year.

Spring is in the air, first time homebuyers are getting out in force, interest rates are almost historic lows and the government announced last week that they are printing money again to buy “toxic assets.”

Finally, we have a number of positives all happening at the same time to help increase activity in our real estate market.

The “Government Printing Money” thing, we feel is probably a good thing, short term. As far as the long term ramifications, the jury is still out on that one.

REAL ESTATE AGENTS AND FOR SALE BY OWNERS- Are your listings and / or home sitting on the market too long?? 120 days or more?? We have a program designed to get your listing or FSBO home sold. Real Estate Agents get paid their commission in full. Contact us for more info.

WHO DO YOU KNOW NOW that is challenged with their mortgage payments OR needs to sell for less than their home is worth?? WE CAN HELP!!

WHO DO YOU KNOW that’s thinking of buying or selling a home?

Contact Doug Aegerter or Art Wagner for more information and a FREE Comparative Market Analysis (CMA) of your home or your neighborhood.

Fill out the form below to view the Market Report.

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