August 2022 Housing Report

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Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and...
July 2022 Housing Report

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The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median...
June 2022 Market Report

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Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May,...
May 2022 Housing Report

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After two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with home sales declining...
NAR Mid Year Meeting Recap

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A few weeks ago I had the great honor of representing my fellow St. Louis REALTORS at the National Association of REALTORS Mid-Year Legislative Conference as a Director.  Here is a summary of the great...
April Housing Report 2022

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The average 30-year fixed rate mortgage exceeded 5% in April, the highestlevel since 2011, according to Freddie Mac. The recent surge in mortgagerates has reduced the pool of eligible buyers and has caused...
March 2022 Housing Report

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Nationally, existing home sales recently dropped to a six-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1%...
Earth Day Recycling Event

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Saturday, April 2nd and 9th Red Key is having a recycling and shredding event!  Stop in at the Frontenac office on April 2nd or the Chesterfield office on April 9th and get started on your spring cleaning...
February Housing Report

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According to the National Association of REALTORS®, the U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7 percent as of last measure. Experts attribute...