Saint Peters, St. Charles County - We invite everyone to visit our open house at 216 Montecito Terrace on October 21 from 2:30 PM to 4:00 PM.
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South St. Louis, St. Louis - We invite everyone to visit our open house at 5721 Gresham Ave on October 18 from 2:30 PM to 4:00 PM.
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University City, St. Louis County - We invite everyone to visit our open house at 6891 Dartmouth Ave. on October 21 from 1:00 PM to 2:00 PM.
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Waterman, Central West End - We invite everyone to visit our open house at 5169 Waterman Blvd #B on October 18 from 2:00 PM to 3:00 PM. 
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Kingsbury Square, St. Louis - We invite everyone to visit our open house at 5750 Kingsbury Pl on October 21 from 3:15 PM to 5:00 PM.
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Maryland Heights, St. Louis County - We invite everyone to visit our open house at 12489 Dawn Hill Dr. on October 21 from 1:00 PM to 2:00 PM.
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• 1,296 sq. ft., 2 bath, 2 bdrm bungalow - 
MLS® $184,500
University City, St. Louis County - If you are looking for a UNIQUE home in a FABULOUS location you've come to the right place! Larger than it appears and a wonderful surprise as you enter to find a very open floor plan, pretty wood floors, beautiful woodwork, molding and archways! A large sky light brightens the living and dining room with an abundance of natural light! The main floor family room adds great additional living space and also features a sky light and large window! A pretty wood ceiling adds warmth to the master bedroom. This home boasts 2 full baths... on the main floor! The retro kitchen is very cool and offers plenty of cabinet and counter space! Great storage space found in the unfinished lower level! Numerous updates, too! Nice patio in the private backyard! Located on a beautiful tree-lined street and walking distance to the popular Loop area! Minutes from Barnes, Wash U, Forest Park and more! This is a great place to call home!
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South St. Louis, St. Louis - We invite everyone to visit our open house at 5721 Gresham Ave on September 23 from 2:00 PM to 4:00 PM.
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Holly Hills, St. Louis - We invite everyone to visit our open house at 6132 Leona St on September 16 from 1:00 PM to 3:00 PM.
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Saint Peters, St. Charles County - Announcing a price reduction on 216 Montecito Terrace, a 1,540 sq. ft., 2 bath, 3 bdrm ranch. Now MLS® #756068 $274,500 - Why Wait to Build?.
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• 1,296 sq. ft., 2 bath, 4 bdrm 1 1/2 story - MLS® #762276 $214,000
Holly Hills, St. Louis - Ths fabulous Holly Hills home has great curb appeal! Enter this lovely home to find charm, character, beautiful stained glass and rich woodwork throughout. The spacious living room features stained glass windows and a stunning stone fireplace as the focal point!
The arched doorway leads to a wonderful dining room... a great place for entertaining!
The nice eat in Kitchen has plenty of cabinet and counter space. It also opens to an enclosed Porch/Den which has thermal windows.
Two spacious bedrooms are on the main floor as well as a full Bath with a beautiful stained glass window!
An abundance of additional living space is found upstairs! A nice open space at the top of the stairs has enough room for a play area, office, etc.
Two charming Bedrooms both have additional nooks and alcoves. The second full Bath features a double vanity!
Rathskeller Family Room in Lower Level has a very nice stone fireplace!
Enjoy entertaining on the lovely back patio! Impress your guests with an extremely well manicured lawn and beautiful gardens!
Enjoy the convenience of an oversized 2 car garage with newer door and opener! Come buy!
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• 1,471 sq. ft., 2 bath, 3 bdrm townhouse - MLS® #762419 $197,500
Waterman, Central West End - This fabulous townhouse with a wonderful blend of today's amenities and the charm and character of a historic building! The bright open great room will impress the most discriminating buyer! Soaring 10' ceilings, gleaming wood floors and tasteful decor are accented by an exposed brick wall. The beautiful Kitchen features designer maple cabinets, stainless applicances and tile floor! On the main floor enjoy a large bedroom and a beautifully updated full bath.
The second level boasts the master bedroom retreat featuring a private bath, and great closet space. A skylight brings in nice natural light also!
Great additional living space is found in the finished lower level featuring a family room area and the 3rd bedroom. The private basement takes care of all your storage needs and has a semi-finished laundry room.
Assigned parking. Exceptional location! Located on the Wash U/Barnes-Jewish hospital shuttle line & only a short walk to Forest Park, restaurants, shopping & more!
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Forbes.com recently called St. Louis on of the top five U.S. cities for selling a home.
According to an article on the website, while nationwide prices for existing homes keep falling and there is a glut of unsold new homes, not every market is following the national trend. There are still cities where sellers have the upper hand, and St. Louis is one of them.
“Price growth may not be extraordinary, and the St. Louis market has never been considered high flying,” the Forbes.com article noted, “but as it stands now, it is an excellent time to be a seller here.”
To measure inventory glut, Forbes used the Economy.com and NAR data that tracked a market’s current sales rate by projecting the amount of time it would take to sell off the excess housing stock at the current rate of sales. They also looked at the change in sales rate over the past year to measure the relative tightening or loosening of the market. Finally, a measure of price stability was applied to prevent the list from being a rundown of upstart markets.
Dennis Norman, president of the St. Louis Association of Realtors, had this comment about the report: “For starters, it doesn’t surprise me that forbes has put St. Louis in the top five. As I have stated in several interviews on the subject, our market here is much more stable, in good times and bad, than many markets throughout the country. We don’t see the huge 30-percent-plus, one-year gains during boom times like some areas have in the past, particularly Florida and other costal areas, however we also don’t see the larger downward corrections when they come like these other markets do. Our ‘ups and owns’ in St. Louis are much more stable and consistent.”
“It’s also good to see St. Louis singled out in a positive way since we have been such a victim to all the negative press that is out there that is largely based on national statistics which are not accurate for St. Louis. I’m not saying that it is easy to sell a home right now in St. Louis, however houses that are priced appropriately are selling.”
Norman added, “stats and facts and figures that I think support what I am saying have been compiled from data in our MLS system, which includes data from the St. Louis Metro area as well as surrounding counties and some outstate and Illinois property in the system as well. According to the figures, homes and condos are selling, prices have increased, the only real negative in the market is the amount of listings for sale. There are a lot more listings now than over the past few years, so there is more competition for the sellers and homes must be in their best showing condition and priced right.”
The number one city on the Forbes.com list is Raleigh, North Carolina. “Moderate growth and disciplined building over the past five years prevented the market from developing a significant glut,” Forbes.com said. In the case of San Francisco, which ranked second on the list, it is an issue of geography: There is little space for growth or new development. Austin, Texas, was number three on the list largely because of moderate housing growth from 2003-2005 and a job-growth economy.” Number four is San Antonio Texas, where disciplined new-home building affordability kept the market moving and at the potential buyer pool strong, Forbes.com said.
The best way to judge a buyer’s versus a seller’s market, concludes Forbes, is a simple supply-demand analysis of housing stocks: At the current rate of sales, how long would it take to sell off the inventory of single-family homes or condos? If that measure comes back high, houses sit on the market longer. If it is low, the market is tightening which is good news for the seller.
Total homes in the Metro St. Louis MLS system – 22,552
Average days on market – 114
Forbes Top 5 Article
This article was written by Oscar Waters, Post-Dispatch Advertising Department Real Estate Writer, and was published on Aug. 3rd, 2007 in the St. Louis Post-Dispatch.
• 1,020 sq. ft., 2 bath, 2 bdrm 3 story - MLS® #759356 $127,500
Royal Arms Condos, Affton - A wonderful 3 level townhome overlooking the Grants Farm Clydesdale Pastures and just steps away from the Hiking/Biking Trail! Best location of the entire complex! A very comfortable condo with lots of natural light, thermal windows and neutral decor throughout! The living room features lovely pergo type floors and an open stairway to the 2nd floor. A Beautifully updated kitchen! Breakfast room with sliding glass doors to the private patio opening to a large grassy area bordering residential property. A very pleasant view! Nice half bath on the main floor, too.
Two bedrooms and a large full bath on the second floor. Walk-in closet, too! Great additional living space found in the finished lower level. Perfect for a family room, play room, work-out area you decide! Private laundry area and plenty of storage space in the unfinished area of the lower level. The complex has a private pool to enjoy PLUS Whitecliff Park, Pool and Rec-Center is just around the corner! You can have it all!
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• 1,056 sq. ft., 1 bath, 2 bdrm 1 1/2 story - MLS® $925 USD Monthly
Southampton, St. Louis - A great hom in a great location. Close to Francis Park, shopping and the library. This home features hardwood floors throughout. Newer appliances, sunporch, fenced yard and garage. Full unfinished basement with washer and dryer and plenty of storage. Pets may be allowed, subject to owners approval.
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