The time to buy is soon!

The time to buy is soon! A recently released report by real estate database firm, ATTOM Data Solutions, analyzes nearly a decade of historical data to pinpoint the best time of year to buy a home, identifying the most affordable day of the year for homebuyers. Homebuyers will almost always pay a certain premium comparedContinue reading “The time to buy is soon!”

High demand for luxury homes as travel reopens

The high-end housing market has done quite well throughout the last 18 months of the pandemic. Now that the vaccines are being widely proliferated and international travel is resuming, this trend is likely to receive a further boost from the influx of international buyers. The effects of the COVID-19 pandemic and lockdowns varied significantly atContinue reading “High demand for luxury homes as travel reopens”

Rents up nationally, in St. Louis

Due to a multiplicity of factors, rent has risen dramatically over the last year in metropolitan areas across the United States. St. Louis has been no exception to this general trend, as the most recent reports show. RealPage Inc.’s most recent data on 50 of the countries largest metropolitan statistical areas shows that between Q1Continue reading “Rents up nationally, in St. Louis”

Zillow puts hold on its iBuyer program

On Sunday, the real estate firm, Zillow, announced that it has put a lid on buying new properties through its iBuying program, Zillow Offers. Zillow stated that they are temporarily pausing Zillow Offers in order to catch up with the massive demand they experienced. Citing operational and labor-related shortages, Zillow said they will not beContinue reading “Zillow puts hold on its iBuyer program”

St. Louis ranks high in transportation costs

After a eighteen months of disrupted supply chains, altered travel habits, and rising gas prices brought about by the onset of the COVID-19 pandemic, the U.S. has seen a rise in the cost of transportation. St. Louis in particular stands out as one of the areas with the highest transportation costs, a recent report shows.Continue reading “St. Louis ranks high in transportation costs”

Napa Valley, Missouri

Development is proceeding apace in Augusta as investor David Hoffman moves forward with his plans to transform the small town into a major tourist destination. Luxury hotels, a riverboat cruise, a golf course, and—of course—wineries are all part of a plan to create a Napa Valley like experience in the Midwest. Hoffman’s company, the HoffmanContinue reading “Napa Valley, Missouri”

Key principles abide in strange market

There are few housing trends that have not been challenged in the last 18 months. Nevertheless, there are some timeless and fundamental principles that apply to the buying and selling of houses in almost all circumstances. As the local housing market continues to be unseasonably strong going into the fall, it is worth reviewing theseContinue reading “Key principles abide in strange market”

Real estate startup initiates its operations in St. Louis

Over the summer, a real estate startup committed to giving seniors more housing options began its operations in St. Louis. The company, TrueHold, is based in New York, but has chosen St. Louis as the pilot market for its new sale-leaseback program. TrueHold is directed towards senior homeowners. It buys their homes from them andContinue reading “Real estate startup initiates its operations in St. Louis”

Eviction moratorium ends following Supreme Court ruling

The moratorium on evictions, which has been in place following the outbreak of the COVID-19 almost a year and a half ago, will come to an end on Friday. This federal policy change comes following a recent decision by the U.S. Supreme Court and will soon come into effect in St. Louis. On Thursday, theContinue reading “Eviction moratorium ends following Supreme Court ruling”

Labor shortage leaves skilled employees in high demand

The events of 2020 have impacted the economy in ways that will probably take years to fathom fully. One area where the change is already being keenly felt is the job market. Newfound flexibility and high-demand is spurring huge change across the board. Reuters, for instance, recently highlighted the “Great Resignation” among white-collar workers. LaborContinue reading “Labor shortage leaves skilled employees in high demand”