By The Numbers: January Housing Report and Outlook for St. Louis Area


” … St. Louis will sustain this momentum – powered by a solid economy in combination with balanced, affordable housing.” (press release by St. Louis Realtor’s Association on February 21, 2017

 

The recent numbers for housing are down in some categories and up in others, but overall the St. Louis housing market is poised for another strong year.

But don’t just take my word for it:

 

Our thoughts on hearing all this:

SELLERS:  If you are thinking about selling, now is a good time … if you are willing to let the market set your asking price and you will do what is necessary to offer a competitive property.   While the demand of buyers still far outweighs the number of homes for sale, an incorrectly priced house that does not show well is not a guaranteed sale.

BUYERS:  If you want to buy, you can still find mortgage rates reasonably low and if you are willing to prepare to be an attractive buyer, you can enjoy the right home at the right price.  The spring housing market always moves quickly, so those who prepare are those who will prevail.

The current statistics and predictions for the future have something for everyone to like.

For a PDF of all these numbers, CLICK HERE.

For the press release on St. Louis Realtor’s website which provides more detail, CLICK HERE.

Visit our websites to learn more:  Shah Smith, Realtor at shahsmith.cbphomes.com and John Smith, Realtor at johnsmith.cbphomes.com.

… or just give us a call.  We love to talk about residential housing, in St. Louis and wherever you are.

 

 

 

 

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