Is St. Louis in a housing bubble? Are prices going to drop? Is a CRASH COMING? All valid questions that I’m addressing in this video on St. Louis real estate right now in 2022. Overall, I discuss some aspects of the mortgage industry, current market conditions, and buyer behavior that make moving to St. Louis, MO in 2022 a VERY different situation from what you would’ve experienced in 2007-2008. Stay tuned to this video if you’re moving to St. Louis Missouri this year!
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Here’s a breakdown:
0:00 Intro to St. Louis real estate in 2022
1:35 Fannie Mae’s newest prediction
2:46 Mortgage industry is different from 2008
4:10 People these days have MONEY!!
6:07 Prices are going up….
9:38 Rates are going up, and affordability is going down
11:17 List price = marketing strategy
12:07 How to navigate the St. Louis market this year…
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➭ Editing: final cut pro
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Read more about the housing market update here:
Interest rates rising: S
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Jacob Peistrup is licensed in MO 2020011548, MA 9570920, and IL 475.199252
#STL #StLouis #housingmarket