By: Dennis Norman
According to a report issued by IHS Global Insight, house prices in the St. Louis area in the second quarter of 2009 are almost 10 percent below their estimated value.
IHS Global Insight, when determining statistically normal house values, considers not only house prices and interest rates, but household incomes, population densities, and any historical premiums or discounts metropolitan areas have exhibited over time. Continue reading “St. Louis Real Estate Undervalued by almost 10 percent“