October | Central Corridor | Housing Market Update
📊 Central Corridor Housing Market Update
St. Louis' Central Corridor headed into fall with higher average sales prices and increased sales activity.
✔️ Average sales price increased 9%
✔️ Homes sold rose 3.3%
✔️ Inventory remains competitive, while new listings were down 2.3%
How Can Homebuyers Reduce the Impact of Higher Mortgage Rates?
Mortgage interest rates continue to be a major topic of conversation in real estate. While the St. Louis market has remained active, higher rates can still affect buyers' budgets. A few thoughtful strategies can help soften the financial impact and keep your move on track.
The Gladys Manion Guide | October in St. Louis
Is Town & Country a Good Place to Live? A Local Guide from Gladys Manion Real Estate
Nestled between Chesterfield and Huntleigh, Town & Country is in St. Louis County about 12 miles west of downtown.
Town & Country is known for its expansive real estate plots, wealthy residents, and upscale shops and restaurants.
Should I Wait for Mortgage Rates to Fall Before Selling or Purchasing a Home in St. Louis?
Mortgage rates remain one of the biggest topics in real estate, and understandably so. A buyer entering the market today is borrowing in a very different environment than someone who purchased a home five years ago. But while higher rates have affected affordability and monthly payments, they have not brought the St. Louis County real estate market to a standstill.
September | Central Corridor | Housing Market Update
📊 Central Corridor Housing Market Update
The Central Corridor continues to demonstrate long-term strength, with rising home values and increased sales activity across many of the area’s most sought-after neighborhoods. Rolling 12-month data reflects a market that remains healthy, competitive, and active.
✔️ Average sales price increased by 9%
✔️ Homes sold rose by 3.7%
The Gladys Manion Guide | September in St. Louis
Is University City a Good Place to Live? A Local Guide from Gladys Manion Real Estate
University City is located in St. Louis County, just north of Clayton, northeast of Ladue and west of the Central West End.
Named “University City” for its proximity to Washington University, U. City (as it's known in STL) is known for its Delmar Loop, full of unique restaurants, shops and excellent music venues.
Condo Financing Changes Take Effect
For many condo purchases, lenders now need a more comprehensive look at the condo project itself, including factors such as its financial health, reserves and potential property condition concerns.
Translation: a beautiful unit may not be the only thing standing between you and loan approval.
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