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American homebuilders activity slows in March

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - April 19, 2017 (STLRealEstate.News) The American construction industry has been very busy trying to keep up with real estate demand as of late.  Participating in unprecedented amounts of home-building since the Great Recession in 2016, the trend is expected to continue thoroughly throughout the year of 2017.  A survey of confidence among American home-builders did, […]The post American homebuilders activity slows in March appeared first on STL Real Estate News.

US housing starts fell in March; still stronger than in 2016

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - WASHINGTON/April 19, 2017 (AP)(STLRealEstate.News) — U.S. builders broke ground on fewer homes in March, but the pace of construction so far this year remains stronger than in 2016. Housing starts fell 6.8 percent last month to a seasonally adjusted annual rate of 1.22 million, the Commerce Department said Tuesday. The setback came after strong gains […]The post US housing starts fell in March; still stronger than in 2016 appeared first on STL Real Estate News.

Drove for Uber? Rented out your home? Here are some tax tips

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - NEW YORK/April 17, 2017 (AP)(STLRealEstate.News) — If you’re driving for Uber or renting out a room through Airbnb to make some extra cash, don’t forget — you likely need to pay taxes on what you earned, even if it’s a part-time gig. Unlike full-time jobs, where taxes are automatically withheld from every paycheck, it’s usually […]The post Drove for Uber? Rented out your home? Here are some tax tips appeared first on STL Real Estate News.

St. Louis real estate prices are up

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 17, 2017 (STLRealEstate.News) Only a quarter into the New Year, and the local real estate market is heating up along with the weather, sources report.  Though experts predicted this kind of trend given the low inventory of homes compared to the demand in both St. Louis and the greater United States today, […]The post St. Louis real estate prices are up appeared first on STL Real Estate News.

Average 30-year mortgage rate falls to 2017 low of 4.08 pct

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - 30-Year Mortgage Rate Falls WASHINGTON/April 13, 2017 (AP)(STLRealEstate.News) Mortgage Rate — Long-term U.S. mortgage rates fell for a fourth straight week, with the benchmark 30-year rate marking a new low for the year. Mortgage buyer Freddie Mac says the rate on 30-year fixed-rate home loans declined to 4.08 percent this week from 4.10 percent last […]The post Average 30-year mortgage rate falls to 2017 low of 4.08 pct appeared first on STL Real Estate News.

Multi-families choosing to settle in urban areas

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - April 13, 2017 (STLRealEstate.News) The desire for a convenient lifestyle is what’s pulling many families back into urban centers around Tulsa, Oklahoma, stated Tulsa-based American Residential Group this past week.  Urban cores offer everything at people’s disposal, and makes owning an automobile not a necessary purchase anymore, stated Steve Ganzkow, president of American Residential Group […]The post Multi-families choosing to settle in urban areas appeared first on STL Real Estate News.

Local tech accelerator announces 5 new investments

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 10, 2017 (STLRealEstate.News) SixThirty a local St. Louis business accelerator for tech startups in the financial services sector today, this week excitedly announced five new portfolio companies.  These five selection companies will each receive a $100,000 investment in exchange for an equity stake of between 5 percent and 10 percent.  Though SixThirty […]The post Local tech accelerator announces 5 new investments appeared first on STL Real Estate News.

Jobs report low in March; but employment decreased

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - April 10, 2017 (STLRealEstate.News) Mixed messages are coming out of the country’s job creation, growth, and unemployment rates for the month of March as the data comes in.  The U.S. jobs report indicated that hiring fell to its slowest pace in nearly a year, while the unemployment rate fell to its lowest level in nearly […]The post Jobs report low in March; but employment decreased appeared first on STL Real Estate News.

St. Louis Panera Bread sold to JAB Holdings

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 8, 2017 (STLRealEstate.News) St. Louis Bread Co., known as plain Bread Co. to St. Louis residents, is part of a much bigger chain today: Panera Bread. Regarded as a local tradition for those in St. Louis, the St. Louis Panera Bread chain sold to a Luxembourg-based investment firm that focuses on consumer […]The post St. Louis Panera Bread sold to JAB Holdings appeared first on STL Real Estate News.

California rate of homeownership remains dismal

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - April 08, 2017 (STLRealEstate.News) If you’re a millennial or someone with a low-income job, then California is probably not a state you want to consider home-ownership in at the moment. Recently, the National Association of Home Builders has illustrated a rather dismal picture for residents of the West Coast who’ve got dreams of owning their […]The post California rate of homeownership remains dismal appeared first on STL Real Estate News.

St Louis Realtors announce creation of HSG Realty

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 2, 2017 (STLRealEstate.News) Big moves are happening in the St. Louis real estate industry today as we head towards the hot part of the real estate year.  Two entrepreneurial real estate pros, partners Suzanne Hunn and Gregg Sharpe, this week announced the official formation of HSG Realty: a technology-based firm committed to […]The post St Louis Realtors announce creation of HSG Realty appeared first on STL Real Estate News.

Long-term mortgage rates fall

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - Long-term mortgage rates fall adding economic fuel to the economy April 2, 2017 (AP)(STLRealEstate.News) Long-term U.S. mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago. Current avg Last week 52-week high 52-week low 30-year fixed – 4.14 percent – 4.23 percent […]The post Long-term mortgage rates fall appeared first on STL Real Estate News.