2010 Missouri Housing Market

Housing deflation is slowing in Missouri as home sales climb, but the lower drop in home prices does not correlate to a stronger housing market yet. The global financial crisis is impacting mortgage lending in Missouri, which is projected to take a long while yet to get out of its funk. Battered by falling home prices for more than two years, St. Louis has seen sales rise for several months aided by the first time home buyers tax incentive. … [Read more...]