Low inventory is ruling our April market here in St. Louis. Hungry buyers are in competition and sellers are gladly choosing between multiple offers once again. We are seeing offers 10-20% above list price in some cases and many contingencies being waived.
I found this article interesting about how the U.S. is a tale of two housing markets right now. With homes in the western part of U.S. dropping in value and everywhere else increasing. We are definitely in a market that is seeing increasing value.
It is a great time to list your home right now. If you are curious to learn about your personal situation, we'd love to schedule a time for an in depth conversation.
- Hayley Tomazic