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

dennis-norman-st-louis-realtor-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.

Nationally, home prices increased 0.3 percent in June from a year ago and rents were 5.4 percent higher in June than a year ago. Continue reading “St. Louis home prices falling;  St Louis rents on the rise

St Louis home values fall in April;  St. Louis rents on the rise

Rents Rise in Three-Quarters of Markets, According to April Zillow Real Estate Market Reports

National home values rose for the second month in a row, climbing 0.7 percent from March to a Zillow Home Value Index of $147,300. This is the largest monthly increase in home values since January 2006, when they rose 0.8 percent, according to the April Zillow® Real Estate Market Reports.

Rents also rose from March to April, increasing 1.6 percent, according to the Zillow Rent Index. Rents rose in 78 percent of the 178 markets covered by Zillow. Continue reading “St Louis home values fall in April;  St. Louis rents on the rise