St. Louis Real Estate 2016 Outlook
St. Louis rarely makes a good list but when it does it is a great one. Realtor.com put St. Louis in the second spot only behind San Diego (don’t blame them) as next real estate hot spots. They factored in cost of living and availability as well how fast the inventory is moving. With that in mind, we list the top five reasons why St. Louis is the 2016 hot spot for real estate:
- The cost of living is lower than most spot in the country
- The number of homes being put on the market is equaling the demand that is coming into the area
- Jobs and the economy is becoming a huge factor as companies move into the area
- Schools and education – there are several Blue Ribbon schools within the area to put families at ease as the move around.
- Because of an influx of cash home sales and renovation happening around the area, some areas are getting the face lift they need.
Like other cities in the Midwest, St. Louis is experiencing a great revitalization after years of urban sprawl and decay. It is up to you if you would like to be a part of it.