St Louis Real Estate News is updated periodically we bring you relevant area news for the St Louis Region
As affordability constraints and lack of inventory remains a struggle for many potential homebuyers, existing-home sales edged lower in March, according to the National Association of Realtors. New data revealed… Read more »
According to the latest U.S. Census Bureau and the U.S. Department of Housing and Urban Development new residential construction statistics for June 2022, privately‐owned housing starts were at a seasonally… Read more »
As the nation sat and waited for the Fed to raise rates, the 30-year fixed-rate mortgage (FRM) wasted no time getting a jump on the Fed’s news, jumping to an… Read more »
According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »
The latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) has found mortgage applications sliding 1.9% from one week earlier. The MBA’s Market Composite Index, a measure of… Read more »
Mortgage rates rose slightly this week, but still remain below the 3% mark, as Freddie Mac’s Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) at 2.99%, up… Read more »
Mortgage rates remained under 3% this week, as Freddie Mac reported the 30-year fixed-rate mortgage (FRM) at an average of 2.96%, down two basis points from last week’s average of… Read more »
The number of U.S. homes for sale dipped below 700,000 for the first time, setting a new low mark for listed inventory, according to the Monthly Housing Trends Report published… Read more »
Realtor.com predicted the peak of home buying season will be in August this year as opposed to the usual May. “Real estate activity in the U.S. has regained its strength… Read more »
The year has already had its fair share of ups and downs, but a new 2020 housing forecast from realtor.com® says there’s more of that coming. A rebound is in… Read more »