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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from John Jackson & Associates, a proven Kirkwood, Webster Groves and Glendale, Missouri NUMBER1EXPERT™ Top Selling real estate agents.
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Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.
The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.
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| Q |
What are three of the best indicators of real estate market trends?
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| A |
Existing home sales, new home building and mortgage interest rates.
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John Jackson & Associates RE/MAX Results John Jackson and Associates 11819 Manchester Road Des Peres, MO 63131 314-965-2002 Fax: 866-996-3232 johnjackson@remax.net
For the second year in a row, John was recently named one of the Top 25 Realtors in St. Louis by the St. Louis Business Journal. Serving the communities of both St. Louis City and County, John and his associates bring unmatched market knowledge and cutting edge technologies to each maximize client results. Trust your real estate transaction to a professional!
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