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St. Louis Real Estate Market Snapshot
Manage episode 176144142 series 1414206
Sandie Hea에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Sandie Hea 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Today, I’m here with a quick market update for 2016.
The number of active listings on the market has dropped significantly. During the downturn, builders stopped building and lenders stopped making loans, creating pent-up demand for housing. Buyers are out in droves looking for homes, and there are more buyers out there than there are homes on the market.
We have less than six months of inventory available, which means we are currently in a seller’s market. Right now, it would only take 3 months to absorb the active listings on the market. Sellers have an outstanding opportunity to get top dollar on their home.
The average sold price has significantly increased over the last couple years, and 2016 was no exception. A lot of sellers are getting multiple offers and gaining back quite a bit of the equity that was lost during the market downturn.
What does all of this mean for buyers? You should jump into the market right now. Interest rates are hovering around 4% or less. If you borrow $150,000, your monthly mortgage payment will be about $715. You can buy a lot of house for that!
If you have any questions, give me a call or send me an email. I would be happy to help you!
19 에피소드
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