Want to sell your home? Get a free home value report
Want to buy a home? Search all homes for sale
Today, we’ll go over a quick market update for the St. Louis housing market. Current market conditions have a lot to do with supply and demand.
In certain areas, there is an extremely limited of supply of homes. This creates a seller’s market. Many people often times hear about multiple offers coming in and homes selling for over asking price. That is happening, but only in select markets. In a broader sense, homes that are priced well and move-in ready are selling very well.
As a seller in those hot markets, we can remove the appraisal rider from many of these contracts in order to avoid any issues with offers over asking price. This move is…