St. Louis Real Estate-Market Watch December 13th, 2008

The St. Louis Real Estate Market this week has our pending ratio ( homes accepting contracts) inching up slightly to 10.47 percent from last week's 10.04 percent. When you look at the segment of the market that moves St. Louis Real Estate; price ranges from $100,000 to $249,999; the pending ratios are continuing well above the average pending ratio.

Buyer activity is remaining fairly stable this month, as seller activity continues to decline. It's not unusual that these specific price ranges are doing well, as these are

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