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Dennis Norman The St. Louis real estate market picked up a little steam in the first quarter of this year with an increase in the number of homes sold over the prior quarter, a reduction in the months-supply of homes for sale and a sharp increasing in pending sales. The homebuyer tax credit with it’s [...] Dennis Norman According to a report issued by First American CoreLogic national home price declines continue to improve citing that national housing prices fell 7.8 percent in June 2009 compared to June 2008 representing the small est year-over-year decline recorded to date in 2009. This was a 0.7 percent improvement over Mays decline of 8.5% from the prior [...] By: Dennis Norman Lately the news on the real estate market has been a little more optimistic and almost encouraging at times. Most of the news and stats are national or regional and, as I and others have said many, many times, all real estate is local. So what’s going on in the St. Louis market [...] By: Dennis Norman Terry Peterson, Brokerage Manager, M.O.R.E. We’ll pick up where we left off after parts one and two of this series with our E-View TM with Terry Peterson, the brokerage manager of Missouri Online Real Estate (M.O.R.E.) about selling a home in this market: Dennis- OK Terry, now the $64 question, how should a seller [...] By: Dennis Norman Terry Peterson, Brokerage Manager, M.O.R.E. We’ll pick up where we left off in part one of this series with our E-View TM with Terry Peterson, the brokerage manager of Missouri Online Real Estate (M.O.R.E.) about selling a home in this market: Dennis- How should a seller select an agent? What should they look [...] Dennis Norman By: Dennis Norman The National Association of REALTORS(R) released its existing home sales report for June showing an increase in sales for the 3rd month in a row as well as higher prices in June. Existing home sales, including single-family, town-homes, condominiums and co-ops increased 3.6% in June to a seasonally adjusted annual rate of [...] Dennis Norman By: Dennis Norman A report published by Local Market Monitor, Inc. predicts the St. Louis metro area will see real estate values decline 2% in the coming 12 months. This projection does not sound bad and would support the possibility that the market is leveling off and perhaps we have seen the bottom. Local [...] |
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