House Prices in St Louis Increase in June; St Louis ranks 5th in 2-year house price change

By , on August 20th, 2009
Dennis Norman

Dennis Norman

According to the Housing Market Report that was issued this morning by Radarlogic, home prices increased in June from the previous month in 23 out of the 25 metropolitan areas tracked by their company.  St. Louis was among the 23 metros that showed an increase in home prices in June over May.

Overall the composite for all 25 metros showed a 3 percent gain in price from May to June representing one of the largest monthly gains reported by RadarLogic since June 2000.   St. Louis home prices increased 2.2 percent over May.

There has been a trend of price increases reported for the 25 metro areas for the past few months. In fact, the increase in the Radar Logic Composite from February to June outpaced the house price gains over the same period during the previous threes years, and the increase in house prices from April to June was the largest since the beginning of Radar Logic’s date in 2000. radar logic

Continue reading “House Prices in St Louis Increase in June; St Louis ranks 5th in 2-year house price change“

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

By , on August 7th, 2009
Dennis Norman

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 complete my E-View with Carole:

Carole Baras, 2009 President, St. Louis Association of REALTORS(R)

Carole Baras, 2009 President, St. Louis Association of REALTORS(R)

Dennis – Carole, What do you feel are the best opportunities today for buyers in St. Louis?

Carole – Buyers that are looking to purchase a home and are first time buyers have NEVER had the opportunity they have today.  A GIFT of $8,000 (the first-time buyer tax credit) is unheard of in the past and first time buyers really need to take advantage of this offer.  Continue reading “St. Louis Association of REALTORS(R) Presidents’ view of the market – Final Post of the series“

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

By , on August 6th, 2009
Dennis Norman

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, 2009 President, St. Louis Association of REALTORS(R)

Carole Baras, 2009 President, St. Louis Association of REALTORS(R)

Dennis – Carole, obviously many things are affecting the real estate market at this time, many in a negative way unfortunately.  What negative forces do you see working against the St. Louis real estate market  and what effect are they having?

Carole – The city of St. Louis as well as the North County area of St. Louis county have been most affected by the foreclosure rate and this has had a direct impact on the average price of homes.  Continue reading “St. Louis Association of REALTORS(R) Presidents’ view of the market – Second Post in a series“

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

By , on August 5th, 2009
Dennis Norman

Dennis Norman

By: Dennis Norman

Last month I published my E-View with Karen Vennard, the 2009 President of the St. Charles County Association of REALTORS(R) to get her take on the real estate market in St. Charles County.  Now it’s time for the St. Louis side of the Missouri River. 

To find out the status of the real estate market in St. Louis County, as well as the City of St. Louis, I turned to Carole Baras, CRS, GRI, ePRO, the 2009 President of the St. Louis Association of REALTORS(R) to get her take on the market. Continue reading “St. Louis Association of REALTORS(R) Presidents’ view of the market – First Post in a series“

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