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St. Louis Real Estate Search

 

Homeownership in St. Louis is 53 percent cheaper than rent according to Trulia report

Should I rent or buy a home in St Louis? This is a question that I’ve been asked dozens of times over the past couple of years and one that given the fact that home affordability is at an all time high and mortgage interest rates at an all time low, is generally easy to […]

Should you buy or rent a home in St. Louis?

Assuming you plan to stay put for 3 years or more, buying a home is a better financial decision than renting a home, according to a new report by Zillow. To arrive at this conclusion, Zillow analyzed the “breakeven horizon” in more than 200 metropolitan areas and 7,500 U.S. cities to determine how many years it would take owning a home before it becomes more advantageous than renting the same home from a financial perspective. In more than 75 percent of those metros analyzed, within about 3 years a homeowner would break-even on owning a home versus renting a home. […]

St. Louis home prices falling;  St Louis rents on the rise

A report just released by Trulia today which is based on the for-sale homes and rentals listed on Trulia, shows that asking prices for Saint Louis homes for sale decreased 2.4 percent from a year ago however Saint Louis rental rates increased 3.2 percent during the same period. […]

Report says housing market recovery to be led by demand by investors for rental property

According to a new report, The Shifting Nature of U.S. Housing Demand, by The Demand Institute, average home prices will increase by up to 1 percent in the second half of 2012. By 2014, home prices will increase by as much as 2.5 percent. From 2015 to 2017, the study projects annual increases between 3 and 4 percent. This recovery will not be uniform across the country, and the strongest markets could capture average gains of 5 percent or more in the coming years. […]

St Louis makes list of 100 best places to invest in rental property

St Louis made the list of the “Best 100 U.S. Markets to Invest in Rental Property“, developed by HomeVestors and Local Market Monitor, coming in right in the middle at number 50. Las Vegas was in the number 1 slot and California was the star of the show with 12 metros on the list

“There […]