Published Blogs Real Estate

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.

Contracts to buy US homes hit highest level since April

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - WASHINGTON/April 2, 2017 (AP)(STLRealEstate.News) — More people signed contracts to buy U.S. homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses. The National Association of Realtors said Wednesday that its pending home sales index climbed 5.5 percent in February to 112.3, its highest point since April and […]The post Contracts to buy US homes hit highest level since April appeared first on STL Real Estate News.

St. Louis businessman, Thomas Green, dies at 83

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 3, 2017 (STLRealEstate.News) Thomas Green, one of St. Louis’ most respected and prolific businessmen, lawyers, and real estate moguls with decades of experience bettering the greater St. Louis community, this week officially passed away at 83.  Mr. Green, known for his dedication to the law and the Jewish community, left a lasting […]The post St. Louis businessman, Thomas Green, dies at 83 appeared first on STL Real Estate News.

St. Louis real estate inventory down with advent of spring

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/April 2, 2017 (STLRealEstate.News) Just as the warm weather is finally starting to creep its way through St. Louis today, real estate pundits are noticing a trend, pointing to lower inventory as the hottest real estate time of the year approaches.  It’s going to be another year of a sellers’ market as the […]The post St. Louis real estate inventory down with advent of spring appeared first on STL Real Estate News.

US home prices rose in January by most in 2 ½ years

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - WASHINGTON/March 28, 2017 (AP)(STLRealEstate.News) — U.S. home prices jumped in January from a year earlier at the fastest pace in nearly 2 ½ years, as a tight supply of houses for sale spurred bidding wars in many cities. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index, released Tuesday , increased 5.7 percent in […]The post US home prices rose in January by most in 2 ½ years appeared first on STL Real Estate News.

Similarities striking between 2 deadly Oakland fires

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - OAKLAND, CA/March 28, 2017 (AP)(STLRealEstate.News) — The similarities between two deadly Oakland fires that occurred nearly four months apart are striking: Each involved a dangerously dilapidated building with an absentee landlord and renters desperate for affordable housing in the expensive San Francisco Bay Area. The fire Monday at a building for recovering addicts and people […]The post Similarities striking between 2 deadly Oakland fires appeared first on STL Real Estate News.

US stock indexes move higher as consumer confidence gains

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - March 28, 2017 (AP)(STLRealEstate.News) Financials companies led U.S. stock indexes broadly higher in afternoon trading Tuesday as investors drew encouragement from new data showing strong gains in consumer confidence and U.S. home prices. Energy stocks also rose as crude oil prices headed higher. Utilities were the only laggard. KEEPING SCORE: The Dow Jones industrial average […]The post US stock indexes move higher as consumer confidence gains appeared first on STL Real Estate News.

Plans for West Florissant Avenue revitalization

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/March 29, 2017 (STLRealEstate.News) There’s not much to see when one drives down West Florissant Avenue these days.  Few trees line it and there is usually an abundance of trash and other eyesore-related elements to the street.  Just south of Interstate 270 in north St. Louis County, West Florissant Ave is a wide […]The post Plans for West Florissant Avenue revitalization appeared first on STL Real Estate News.

American real estate to have strong spring season

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/March 27, 2017 (STLRealEstate.News) Spring is the air, temperatures are starting to warm up, and homeowners are getting to that time of year where they want to spruce up their homes and potentially test the waters on the real estate market.  According to a Real Estate Sentiment Index (RESI) from First American Financial […]The post American real estate to have strong spring season appeared first on STL Real Estate News.

St. Louis office market looking strong

Posted By stlrealestate on Real Estate

http://www.stlrealestate.news - ST. LOUIS, MO/March 26, 2017 (STLRealEstate.News) Though the St. Louis office market is looking strong today, there are “clouds” on the horizon, pundits warn, about upcoming changes and trends.  After a solid 2016 that brought office vacancies to some of the lowest levels in more than 15 years, new construction, corporate downsizing, and a big […]The post St. Louis office market looking strong appeared first on STL Real Estate News.