Their is guarded optomisim amoung real estate professionals about the state of the real estate market in the St. Louis area. Interest rates have remained low, the weather is improving and new housing starts have gone up instead of down for the first time in almost a year.
For buyers, this is the best market to be in. Supply is plentiful. Loans for qualified buyers are still being made. Home values seem to be stabile. Many buyers however, seem to think that home values will drop even more and are hesitant to commit at this time. These folks are trying to "time the market". What they don't realize is that by waiting, they run the risk that both home prices and interest rates will begin to go up, effectively pushing them out of the market.
NOW is the time! Anyone hoping to buy their first home or move up to a better one needs to get off the mark and "JUST DO IT"!!
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