Year to date home sales in St. Louis are down 16 percent, according to the Federal Reserve district based in St. Louis latest Beige Book report. The good news is that economic activity in the Federal Reserve’s Eighth District (covering most of Missouri and some surrounding states) was stable with increased manufacturing activity (excluding the [...]
According to Realty Trac, one out of every 271 homes in Missouri have been the subject of a foreclosure filing. That’s significantly less than the national average of one out of every 171 homes, but still puts Missouri 18th on the list of the states with the most foreclosures.
Kansas City and St. Louis rank 45th [...]
The developer of the 10th Street Lofts and Louderman Lofts in St. Louis took some time to be interviewed by the St. Louis Post-Dispatch. Here’s the interview. In it, he notes the difficult time financing condo conversions currently and that a lot of St. Louis condo projects are stalled. Banks just don’t want to risk [...]
HomeVestors has named St. Louis, Missouri number 8 on its list of the top 10 markets for real estate investing in the second quarter of 2008. Nearby Kansas City, Kansas tied with Chicago for tenth place on the list.
Read more in the RISMedia article.
Real estate agents in the Webster Groves and Kirkwood area are still upbeat about local real estate market conditions despite the media portrayal of the national housing market.
St. Louis was not as hard hit as other areas of the country (such as Florida and California), but the local market has seen a decline in the [...]