Saint Louis Real Estate-Market Watch October 5th, 2009

Real Estate-Market Watch by Art Wagner @ Keller Williams Realty Southwest Saint Louis , Sunset Hills, Mo.
October 5th, 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 Saint Louis Real Estate Market this week shows a few less active listings and a few less homes accepting contracts, but the number of homes being sold continues to climb. Our lower price ranges, as usual this year, tend to account for the majority of the activity.

First Time homebuyers are a large part of this activity, but we also see many active second time home buyers in the marketplace, knowing that there may not be a better time to get awesome value for their dollar.

We still have not heard anything definite about the Government extending the First Time Homebuyer’s Tax Credit, so the expiration date of November 30th looms closer and closer. Buyer’s still hoping for the $8000.00 tax credit need to have an accepted contract within the next few weeks, or sooner, to assure themselves that they will be able to close the deal by November 30th. Don’t forget about the four day Thanksgiving holiday at the end of November, make sure it figures into your planning to close your transaaction.

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

This entry was posted on Monday, October 5th, 2009 at 4:04 pm and is filed under St. Louis Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.