Sep 18, 2014
Things are looking up for the St. Louis real estate market in the remainder of 2014. The team of real estate experts at Gladys Manion Real Estate has observed a number of positive trends that are covered in this 2014 real estate forecast.
According to an article by Forbes from July 2014, the real estate market during the first half of this year can be described as moving towards a more normal state. At Gladys Manion, we agree with this analysis. Market activity is growing in a positive direction based on our many successful real estate transactions in the St. Louis area.
As the market as a whole is on the up, so are home prices. For those looking to sell their home, the good news is that home prices are not stagnant. The forecast for home prices during the remainder of 2014 is that they will continue to increase as the year comes to a close, but will do so at a slow and steady rate.
If you are thinking of selling your home, we believe that now is a good time to do so, and Gladys Manion is available to help you begin the process.
Although word has spread about the current state of the marketplace being one that is favorable for the sale of homes, there is still a shortage of homes for sale in the St. Louis area. We anticipate that as the end of the year draws nearer, those looking to buy a home in the St. Louis area will have fewer options, and thus, will need the assistance of a seasoned realtor to find a home that they love.
Having fewer homes on the market is a difficult situation for buyers, as it means they must act quickly and with a strong contract. With engaged buyers, the likelihood of a home selling significantly increases.
If you are considering purchasing a luxury St. Louis home, Gladys Manion has a wide variety of home listings throughout the St. Louis area. Contact Gladys Manion to make an appointment for a home tour.
Call us at 314.721.4755, or send us an email.
Stay up-to-date on the latest St. Louis real estate news by reading the Gladys Manion real estate blog.