St Louis Real Estate is Local - October 16, 2007
By Tim Tanz, St Louis Real Estate
(Platinum Realty)
In the Wednesday, October 10, issue of the South Suburban Journals, there were articles by two leaders in the St Louis real estate market. These were great articles, and I just wanted to share the main points. The first article was written by Dennis Norman, 2007 President of the St. Louis Association of Realtors. His main point of the article was that all real estate is local, and there are a number of local factors that affect home prices. He pointed out that Detroit is suffering with the major layoffs from the big three auto makers, and their real estate market is not in good shape. Seattle, on the other hand, has a surplus of jobs and is still in a real estate boom. He continued that here in St Louis, we are not faring that bad.Mr Norman talked about the recent news that Centene...
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