2014 Housing Trends: How Does St. Louis Fare?

Open house for sale in St. LouisNot sure if now is the right time to buy or sell a house? Wondering what the experts are saying about the current housing market trends?

According to an article by the National Association of Realtors®, all major regions except for the Midwest experienced housing gains in September. How will the St. Louis housing market fare for the rest of the year?

With the help of St. Louis Real Estate News and Cole Team Real Estate, we have gathered some valuable information from local, regional and national real estate experts to provide some insight into current housing trends, St. Louis foreclosures, and declining optimism about the economy and housing market.

St. Louis Housing Among the Cheapest in the Country

Interest.com (November 2014) - According to Interest.com’s 2014 Home Affordability Study, despite the trend in the some of the largest cities in the United States, housing in St. Louis remains among the cheapest in the country.

Read the full 2014 Home Affordability Study here.

St. Louis Foreclosures Spiked in October

St. Louis Real Estate News (November, 2014) - RealtyTrac released data that shows a rise in St. Louis foreclosure activity in October, and a spike in foreclosure activity from the month before in St. Charles and Franklin Counties.

Read the full article here.

National Survey Provides Insight into Home Buyers

National Association of Realtors® (November, 2014) - The National Association of Realtors® conducts an annual survey on home buyers and sellers. Take a look at highlights from the 2014 Profile of Home Buyers and Sellers survey on the largest financial transaction most people will every make—buying a home.

Read the full survey here.

Top Real Estate Execs Show Declining Optimism for Housing Market

St. Louis Real Estate News (November, 2014) - According to the St. Louis Real Estate News, confidence in the housing market dwindled from October 2013 to October 2014 from some of the country’s top broker-owners and executives of leading real estate firms.

Read the full article on what the experts are saying here.

About Woodard Cleaning & Restoration

Woodard Cleaning & Restoration was founded in 1946, and is located in St. Louis, Missouri. Withmore than 65 years of experience, Woodard is proud to serve as a preferred provider of water, fire, and smoke restoration services for residential, commercial, and institutional facilities. For more information, visit our website, or call 800.466.9308.

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