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This week’s St. Louis Area Total Market Overview for residential real estate continues to show a mixed bag of news. The key “Months of Inventory” number has decreased as a result of an increase in closings as compared to the number of Active listings. This, of course, is welcome news for sellers who are struggling against record competition in the area. On the flip side, the “% of all listings under contract” metric has also decreased as Active listings have flooded the market and buyers continue to “take their time” picking out their next home. In fact, the past four weeks have shown a gradual decrease in the “Number of Pending Listings” number. This may indicate fewer buyers in the market than we had hoped. Overall, I believe that the market continues to limp along despite record low interest rates and high affordability for home buyers. In related news, the percentage of Active listings in St. Louis County that are bank/government owned has hit 9.9%. And 29.4% of properties that closed over the past 30 days were bank owned. These properties include many that are less than $100,000. The Bank Owned market has significantly increased as first-time home buyers are pursuing these bargain-priced properties.” For any information on your current or next home, do not hesitate to call Russell Nolting at 314-677-6560.
Category : Blog &Home Buyer and Seller Tips &market update &Moving to/from St. Louis &Real Estate Sales in St. Louis &St. Louis Community Resources &The Nolting Report
In this week’s update of the St. Louis residential real estate total market overview we show you that today’s real estate market is actually increasing in the number of houses being listed. This is a great time for buyers of the St. Louis area to find a great deal in this current market. This St. Louis residential real estate statistical analysis gives all the information for current home owners and future home owners to make a decision on whether or not to buy or sell. Russell Nolting is working diligently to find his clients’ the best deals in the St. Louis residential real estate market. Russell’s goal is to make his clients feel comfortable throughout the transaction and negotiate the best deal possible to leave both parties feeling satisfied. For any information on a home, please do not hesistate to call Russell at 314-677-6560.
Category : Blog &Buyers &community &First Time Homebuyers in St. Louis &market update &Moving to/from St. Louis &Real Estate Sales in St. Louis &Relocation to St. Louis &Sellers &St. Louis Community Resources &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics &The Nolting Report
Here is this week’s updated St. Louis luxury real estate market overview. This market overview of the St. Louis luxury real estate shows you current trends, odds of finding a buyer, and odds of selling your home in today’s St. Louis real estate market. The prices in the luxury report begin at $800,000 and raise above $3 million. Russell Nolting is a dedicated listing specialist in the St. Louis luxury real estate market. He brings his years of experience and expertise to the table everyday making sure his clients are taken care of. For any information on your current or next home, please contact Russell at 314-677-6560.
Category : Blog &community &luxury &Luxury Home Statistics St Louis &market update &St. Louis Community Resources &The Nolting Report
This week’s update of the St. Louis Luxury Real Estate Market Overview. Providing the buyers and sellers with a statistical analysis of luxury homes in the St. Louis region. This weekly analysis shows all the active, pending, and expired listings of luxury real estate ranging from $800,000 and up. What it also gives you, is an overview of the number of actual buyers and the odds of selling your home in today’s market. For any information regarding your next Luxury Home in St. Louis contact Russell Nolting at 314-677-6560.
Category : Blog &Featured Properties &luxury &Luxury Home Statistics St Louis &market update &Real Estate Sales in St. Louis &St. Louis Community Resources &The Nolting Report
Weekly update of the St. Louis residential real estate total market overview. This is a statistical analysis of all the residential homes in the St. Louis area that are currently in the price range of $100,000 and higher. To find your next home, visit our St. Louis real estate search site. For any questions regarding your current or future home please contact Russell Nolting at 314-677-6560.
Category : Blog &Buyers &market update &Real Estate Sales in St. Louis &St. Louis Community Resources &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics &The Nolting Report
In today’s real estate market there has been big news to hit the table. We are experiencing a double-dip in home pricing. According to an article put out by Carrie Bay, home price index confirmed a double-dip in home prices across much of the nation as Standard & Poor’s national reading fell another 4.2 percent during the first quarter to hit a new recession low. If you take out the artificial rebound in 2009 
and early 2010 resulting from the federal government’s homebuyer tax credit incentive, “there has been no recovery or even stabilization in home prices during or after the recent recession,” according to the ratings agency. This has shown a similarity to the market during the depression period and looks like there is still the worst to come. But fear not!! In the St. Louis real estate market and everywhere else, this is a buyers market. Now is such a great time to buy in the St. Louis luxury and residential homes because you (the buyer) are tapping into a market where prices have fallen dramatically and houses have become affordable. There are four main reasons how this current real estate market is beneficial:1. Affordability is better now than ever.2. You have a large amount of inventory to choose from.3. Builders are offering huge discounts.4. The mortgage rates are historically low. These reasons are all great for the buyers, but for sellers the most important thing in today’s real estate market is finding an outstanding agent. Russell Nolting is a dedicated listing specialist who works in the St. louis residential and luxury real estate market. He can be the seller’s solution to getting through this troubling time in today’s economy. Please do not hesistate to find yourself one of the top agents in St. Louis and contact Russell at 314-677-6560.
Category : Blog &Home Buyer and Seller Tips &Sellers &St. Louis Community Resources &St. Louis Real Estate Buyers
This week’s updated St. Louis Residential Real Estate Total Market Overview. This gives you the total market overview of all Residential Real Estate in St. Louis. This gives the buyers and sellers out there in the range of $100,000 and up the information they need before they begin the process of becoming a new home owner and shows the probability of selling a home in the St. Louis Real Estate market today. Russell Nolting is a dedicated listing specialist in St. Louis and can make the life of a St. Louis Real Estate buyer or seller become much easier with his expertise. Please do not hesistate to contact him at 314-677-6560.
Category : Blog &First Time Homebuyers in St. Louis &market update &Moving to/from St. Louis &Real Estate Sales in St. Louis &Relocation to St. Louis &St. Louis Community Resources &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics &The Nolting Report
Here is the weekly update of the St. Louis Luxury Real Estate Market Overview. Providing the buyers and sellers with a statistical analysis of luxury homes in the St. Louis region. This weekly analysis shows all the active, pending, and expired listings of luxury real estate ranging from $800,000 and up. What it also gives you, is an overview of the number of actual buyers and the odds of selling your home in today’s market. For any information regarding your next Luxury Home in St. Louis contact Russell Nolting at 314-677-6560.
Category : Blog &luxury &Luxury Home Statistics St Louis &market update &Property &Real Estate Sales in St. Louis &St. Louis Community Resources &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics &The Nolting Report
This is the weekly update of the St. Louis County luxury homes market overview. It is a statistical analysis of all the luxury residential real estate in St. Louis priced above $800,000. For any information regarding your luxury home in today’s market don’t hesitate to give Russell Nolting a call at 314-677-6560. Russell is dedicated to making his clients feel at ease with the process of finding a new home or selling their current home in today’s St. Louis luxury real estate market.
Category : Blog &luxury &Luxury Home Statistics St Louis &market update &Real Estate Sales in St. Louis &St. Louis Community Resources &St. Louis Real Estate Sales Statistics &The Nolting Report
This is the weekly update of the St. Louis County residential real estate total market overview. This gives a statistical analysis of all the residential homes in St. Louis County. The analysis shows results on all the homes active, pending, and sold in today’s St. Louis residential real estate market from $100,000 and higher. For more information on your next home contact Russell Nolting or call 314-677-6560.
Category : Blog &market update &Real Estate Sales in St. Louis &St. Louis Community Resources &St. Louis Real Estate Buyers &St. Louis Real Estate Sales Statistics &The Nolting Report
This is your weekly updated St. Louis Area Total Residential Real Estate Market Overview. The total Residential Market overview for St. Louis gives current information of all the houses on the market $100,000 and above. By creating this weekly update Russell Nolting is dedicated to ensuring that selling or buying a home in St. Louis area will run as smoothly and beneficial as possible for his clients. Do not hesistate to call him for more details about your next home at 314-677-6560.
Category : Blog &market update &Real Estate Sales in St. Louis &St. Louis Community Resources &St. Louis Real Estate Sales Statistics &The Nolting Report
Here is your current St. louis Luxury Real Estate Market Overview for this week. Providing all the information the consumer needs to know about luxury home market trends for houses above $800,000 in the St. Louis area. For more information on your next luxury home visit our St. Louis home buyers search site or call Russell Nolting at 314-677-6560.
Category : Blog &luxury &Luxury Home Statistics St Louis &St. Louis Community Resources &The Nolting Report
