The Worst is Over says David Lereah

Three-quarters of the nation's housing markets will start to improve next year, while the remainder continue to feel the remnants of this year's contraction. In his monthly commentary at the Real Estate Insights web site, NAR Chief Economist David Lereah says "waiting-on-the-sidelines" buyers should take heart because affordability conditions are improving - from the National Association of Realtors

Real Estate Slump

Well it seems that the real estate slump is continueing - things are still selling, but not like we are used to ...... in st. louis we have over 45 listings and about 6 of them are in some kind of contract status.

It does seem like things picked up a little bit right before thanksgiving - seems like everyone is still looking toward spring for sales to surge.

More and more people are selling for sale by owner too --- check out our FLAT FEE mls listing from $195 -- retain the right to sell you house yourself AND have it on the mls too!