The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome!
The St. Louis Real Estate Market this week continues to slow as we head into Holiday season with 100+ less active listings, almost 50 less accepted contracts and our pending ratio dropping below 10 percent to 9.76 percent. This is the lowest pending ratio we've recorded since we started tracking these statistics
If you're about to sell your home and your RE agent tells you to repaint the house white. . . you have to read this first.
White Walls....NOT the New Neutral!
Recently while providing Home Sellers with Staging Consultations, I experienced very similar situations. I walked into houses that are for sale and all of the walls were white or off white. In all of these cases, the Home Sellers told me that they had various colors of walls and that their Realtor told them to paint all of the walls white. They all told me that the Realtors suggested this because the rooms will look bigger, brighter, and cleaner...and that white was a "neutral color".
In my previous article, "Color It Cozy" I discussed how important interior wall color is when selling a house.
The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome!
The St. Louis Real Estate Market this week continues to slow a bit, as Thanksgiving and the other Holidays are approaching. Homes
The St. Louis Real Estate Market this week has our pending ratio dropping from last week to 10.27 percent, with a few more active listings and a few less homes accepting contracts. This "slow down" is very typical in our local St. Louis Real Estate Market for this time of the year, however, it feels worse this year, as we are well below last year's buyer and seller activity levels.
What makes this year different
The St. Louis Real Estate Market this week is "getting ready for the holidays". Our pending ratio has risen slightly to 10.65 percent, which reflects about the same number of homes accepting contacts as last week, but with fewer active listings.
We are still seeing lower numbers of homes sold this past six months, compared to the same six months last year. Most of the sellers who have let their listings expire are telling us they are ready to take a break until the holidays are over.
For the sellers that are still on the market-STAY THERE; Buyer
St Louis Real Estate. Search the entire MLS to buy a house, sell a home, video tours, relocation help and Saint Louis news and information. Visit my web site and use your mouse to find a house.
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