St Louis Real Estate News is updated periodically we bring you relevant area news for the St Louis Region
Sharing of real estate industry information you may not know
A recent report from CoreLogic showed that home prices increased 4% year over year in December, and projected the U.S. price index will rise by 5.2% by December 2020. As… Read more »
Like clockwork for the industry, every year for the last four years, the Federal Housing Finance Agency increased Fannie Mae’s and Freddie Mac’s conforming loan limits at the start of… Read more »
Across the U.S., homes that are built within walking distance of schools, shopping, parks and other urban amenities sell for an average of 23.5%, or $77,668, more than comparable properties… Read more »
As U.S. home sales are projected to climb in 2020, Freddie Mac’s December Forecast indicates the housing market will continue to stand firm moving into the new year. According to the government-sponsored enterprise,… Read more »
Federal Reserve officials used to worry that if the U.S. unemployment rate dropped below 5% it would spark inflation, which would lead to higher borrowing costs, including mortgage rates. Now,… Read more »
Its home recording studio has been used over the years by the Red Hot Chili Peppers, Black Sabbath, Carlos Santana and Ozzy Osborne.
It looks like inventory will stay tight for the foreseeable future and that will keep pricing up From 2012 to 2019, builders constructed 5.9 million homes — far fewer than… Read more »
The average U.S. fixed rate for a 30-year mortgage fell to 3.6% this week, a three-month low. That’s 5 basis points below last week and 85 basis points below the 4.45%… Read more »
Multifamily and commercial real estate have had a great year in 2019, and its only expected to get better in 2020 and beyond. Commercial and multifamily originations rose 24% in… Read more »