Sep 19, 2013
As an expert in the St. Louis residential real estate market, Gladys Manion Real Estate has observed a positive shift in the local real estate industry due to growth in consumer confidence, buyer demand and declining inventories. According to a recent Gallup poll following noticeable economic growth and housing market recovery, Americans are once again optimistic about the real estate market.
Compared to last year's Gallup rating, the real estate industry saw a 13 point rating increase. The rating jump shows that the housing market is headed in the direction of growth. According to Gallup, this positive rating rise for the real estate market is the first they have recorded since 2007.
As a boutique real estate firm involved in the St. Louis real estate market since 1936, Gladys Manion Real Estate has closely watched St. Louis’ Central Corridor over the past several years. Our team believes the uptick in consumer confidence and robust home sales have contributed to the sharp decline in inventory.
If you are looking to buy or sell a St. Louis home, contact the team at Gladys Manion Real Estate for more information about our professional and personalized services by calling 314.721.4755.
The Gallup data was collected during their yearly Work and Education poll which was published in August 2013. The Declining inventory data was collected from Mid America Regional Information Systems.