Saturday, February 26, 2011
St. Louis Real Estate Market Projection 2011
There is a debate amongst economists, REALTORS® and other analysts regarding the stabilization of the real estate market in 2011. According to a report in Major Metropolitan Market Forecasts in 2011 the St. Louis real estate market ranks 21 out of the 230 markets included in the House Predictor results released at the beginning of the year. Although this period continues to be very trying for home sellers it presents great opportunities for those looking to get into the St. Louis housing market. Some argue that the real estate market in St. Louis may not bottom out in 2011, while others predict that it will take another year or two before the real estate markets stabilize. The reason for the debate is that there are number of factors,
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