St. Louis Real Estate and Community News | Tag Archive

Real Estate Appears to be Leveling Out

Posted by Russell Nolting on November 9, 2009 // 0 Comments

Real estate appears to be stabilizing across the Country

A recent report shows improvement in real estate across the country. St. Louis real estate seems to be leveling as well. The well known S&P/Case-Schiller index shows that the 10 city index and the 20 city index a marked improvement in real estate in the majority of cities that it tracks. What the reports displays are small improvements or minimal devaluation in home values. Home values are up anywhere from .1% to 3.4% in ten cities. In other areas real estate values have remained flat and in harder hit areas home values are decreasing at significantly lower rates.

While the news is certainly not staggering it is encouraging because it indicates that real estate markets across the Country and right here, in St. Louis, are leveling out. Home values are falling less sharply and people are being drawn back into the real estate market. It is no surprise what is stimulating the market. Low home values, low interest rates and the First Time Home Buyer Tax Credit have combined to create an ideal buyer’s market.

For more information on the latest info click here for a report from Yahoo real estate.

Category : St. Louis Real Estate Sales Statistics

For Sale…4108 Wyoming, Tower Grove South, 4 bedrooms, 1/5 baths

Posted by Russell Nolting on June 20, 2009 // 0 Comments

Tower Grove South 4 bedroom/ 1.5 bath

4 Bedroom/1.5 bathroom, all brick, updated bungalow in Tower Grove South located at 4108 Wyoming, near Morganford shopping and restaurants. Many updates including new furnace and A/C, new siding (accent). Kitchen has refinished cabinets, new counters, new appliances (gas range). Baths have new vanities, new ceramic. Wood floors refinished in 2007. Living Room, Dining Room and Kitchen are open to one another and feature hardwood floors, arched openings and lots of windows/natural light. Freshly painted walls and moldings just completed. 2 nice bedrooms on main level with full bath. Upstairs are 2 enormous bedrooms. This home has tons of closet space including cedar closet! Lower level is dry and partially finished — great family room space. Large, fenced, level yard backs to beautiful church — very private. 10x14x10 new, metal storage shed stays with the house. Home Warranty incl. Typical Bills… Gas Summer — $60, Gas Winter — $125, Electric (Budget) — $63, Sewer — $35, Water $70/3 months.

Just listed for $149,900. To schedule a showing, please contact me at 314 267 2636.