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St. Louis Real Estate Market and Home Prices Update; February 3, 2012

The update includes charts with up to the date data on the St Louis housing market including St Louis home prices, average time to sell a home in the St Louis area as well as other data and charts to show where the St Louis real estate market is and where it is headed. (Check out all our market update videos on our YouTube Channel – click here. [...]

St. Louis Real Estate Market and Home Prices Update;January 27, 2012

Weekly I produce a short video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes charts with up to the date data on the St Louis housing market including St Louis home prices [...]

St. Louis Real Estate Market and Home Prices Update;January 20, 2012

St Louis Real Estate Market weekly update by St Louis REALTOR, Dennis Norman, broker-officer of MORE, REALTORS. [...]

St Louis Home Sales Increase in December; Inventory down to near normal level

St Louis home sales in December increased 2.3 percent from the month before and were up 3.3 percent from a year ago. The increase in St Louis home sales follows suit with the trend in U.S. home sales as reported today by the National Association of REALTORS® which shows existing home sales in December were at at a seasonally adjusted-annual rate of 4.61 million units, an increase of 5.0 percent from the month before and an increase of 3.6 percent from a year ago. [...]

Where is the St Louis Real Estate Market Headed in 2012?

Shortly after finishing my video recap of the 2011 St Louis Real Estate Market I began analyzing our market data and giving thought to the 2012 St. Louis Real Estate market.  The end result?  The MORE St Louis Market 2012 Forecast.   For a link to my 15 minute video as well as a downloadable [...]

St Louis Real Estate Market 2011 Recap

I just finished producing a video recapping the 2011 St. Louis Real Estate Market which includes, charts, graphs and facts about what took place in the St. Louis Real Estate market last year as well as where it ended up at year end.

This is a compliment to the weekly market update videos I [...]

St Louis home prices fall in November at higher rate than U.S. average

A report released this morning by CoreLogic, one of the nations leading providers of property information shows that St Louis home prices fell in November 4.7 percent from the year before and declined by 3.8 percent from the month before. In November, the decline of home prices in St. Louis outpaced U.S. home prices which were down 4.3 percent from a year ago and 1.4 percent from the month before. [...]

Mortgage Rates Finish 2011 Near Historic Lows

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS), showing average fixed mortgage rates finishing the year near their all-time historic lows. Thirty-year fixed rate mortgages averaged 3.95 percent and have been at or below 4.0 percent for the past nine consecutive weeks keeping homebuyer affordability at a near all-time high. [...]

St. Louis Real Estate Market and Home Prices Update - December 16, 1011

St Louis Real Estate Market weekly update by St Louis REALTOR, Dennis Norman, broker-officer of MORE, REALTORS. [...]

National Association of REALTORS says "Sales were weaker than people thought"

Today CNBC reported that the National Association of REALTORS, the country’s leading source of existing home sales data, will be revising their home sales numbers from 2007 through October of this year downward because of “double counting, indicating a much weaker housing market than previously thought”. [...]

St. Louis Real Estate Market and Home Prices Update – December 9, 1011

St Louis Real Estate Market weekly update by St Louis REALTOR, Dennis Norman, broker-officer of MORE, REALTORS. [...]

St Louis Foreclosure Rate Increases In September;  Up 9.5 percent from a year ago

The St Louis foreclosure rates was 1.72 percent for September 2011, up from 1.67 percent the month before and increased 9.6 percent from September 2010 when the rate was 1.57 percent, according to a newly released data from CoreLogic. As usual, the St Louis foreclosure rate is significantly lower than the national foreclosure rate, which was 3.48 percent for September 2011. [...]

St. Louis Real Estate Market and Home Prices Update – December 2, 1011

St Louis Real Estate Market weekly update by St Louis REALTOR, Dennis Norman, broker-officer of MORE, REALTORS. [...]

St. Louis Real Estate Market and Home Prices Update – November 25, 2011

St Louis Real Estate market update for November 25, 2011 produced by St Louis REALTOR, MORE, REALTORS. [...]

St Louis home sales increase in October;   home prices decline

Today’s metro area home sales report from the National Association of REALTORS® shows St. Louis metro area home sales in October increased 7.8 percent from a year ago while St. Louis home prices declined in October 0.8 percent from the year before. I took a little closer look at the St. Louis real estate market, focusing on what I call the five “core” counties; St. Louis, St. Charles, Jefferson, Franklin and the City of St Louis, and found that home sales increased in October 13.5 percent from a year ago, and home prices declined 2.1 percent from the year before. [...]

St. Louis Real Estate Market and Home Prices Update – November 18, 2011

Weekly I produce a short video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes charts with up to the date data on the St Louis housing market including St Louis home prices, average time to sell a home in the St Louis area as well as other data and charts to show where the St Louis real estate market is and where it is headed [...]

St. Louis Real Estate Market and Home Prices Update – September 9, 2011

Weekly I produce a short video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes charts with up [...]

St. Louis Real Estate Market and Home Prices Update – September 2, 2011

Weekly I produce a short video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes charts with up [...]

St. Louis Real Estate Market and Home Prices Update – August 26, 2011

Weekly I produce a short video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes charts with up [...]

St. Louis Real Estate Market and Home Prices Update – August 12, 2011

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St. Louis Real Estate Market Update – July 1, 2011

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St Louis Real Estate Market Update – May 6, 2011

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St Louis Real Estate Market Update – April 29, 2011

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St Louis Real Estate Market Update

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St Louis Real Estate Market Update

Weekly I produce a short (roughly 5 minute) video update on the St. Louis Real Estate Market that is published on various web sites. I do a quick recap of the news in the St Louis real estate market for the week, then an overview of the St Louis housing market itself. The update includes [...]

St Louis Real Estate Market Report

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 [...]

Over 30 percent of St. Louis homes for sale have had price cut

Dennis Norman

Last week I did a post on another blog about a report that had just been released by Trulia indicating that over 25 percent of the homes listed for sale in the U.S. had experienced a price reduction in the 5-month period from June 1 through October 1st and that the average price reduction was [...]

What homes are selling in St. Louis?

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 [...]

St. Louis Association of REALTORS(R) Presidents’ view of the market – Final Post of the series

Dennis Norman

By: Dennis Norman

Earlier this week I did part one  , and yesterday part two of my E-View with Carole Baras, CRS, GRI, ePRO, the 2009 President of the St. Louis Association of REALTORS(R) to get her take on the St. Louis real estate market.

Today I’ll pick up where I left off and [...]

St. Louis Association of REALTORS(R) Presidents’ view of the market – Second Post in a series

Dennis Norman

By: Dennis Norman

Yesterday I did part one of my E-View with Carole Baras, CRS, GRI, ePRO, the 2009 President of the St. Louis Association of REALTORS(R) to get her take on the St. Louis real estate market.

Today I’ll pick up where I left off and complete my E-View with Carole:

Carole Baras, [...]