Archives: August 2010

Home in the Ladue School District Drops Price by $280,000!

This is a home that we recently viewed and analyzed.  Talk about falling prices!  This home in Olivette, in the Ladue School district, was once  listed at $949,500. It sets on a large yard of 0.697 acres in a private setting. Total of 6 bedrooms, 4666 square feet. Again, the price on this home has dropped approximately $280,000!

Click here for more information and photos If you like what you see, call Finding Homes for You at 636-386-0659 to set up a viewing time.  We will bring all of the data to you!

A Visualization of the Housing Bubble from 1987-2009

This is for all of you data Geeks out there. Here’s what to look for:

  • In the upper right hand corner you will see the median income for the American household.
  • The rest of the graph shows what’s called the Schiller Index which covers the major housing markets and the median price for homes.  The pain, or the gain, is in the difference between household median income and median prices for real estate.

Things will start kind of slow at first, but then watch what happens around 2000 and 2007.

Click here for a quick look at how St. Louis did during 2009

Current market conditions in the St. Louis area

Give Finding Homes for You a call at 636-386-0659 if you would like real-time data for your area of interest!