FSP 1.1: Seen from LA: Saint Louis real estate market

June 13, 2004

Seen from LA: Saint Louis real estate market

The LA Times looks at the Saint Louis real estate market and finds
good values in middle class starter homes.

"We're generally a steady-as-she-goes market," said Bryan Kelsey, the chief
executive of Relocation Realtors in St. Louis.

Certainly, local property values are rising. But at a modest 4% to 6% a year.
Bidding wars do occasionally break out, and the best homes can sell quickly,
especially in the older, more exclusive, brick-and-cobblestone neighborhoods
near downtown.

Reported by LA Times and KTLA.

To track the real estate market, read Data Quick News.

Posted by dc at June 13, 2004 03:36 PM | TrackBack

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