St Louis Home Ownership Rate At Highest In Over 6 Years!!!!
The home ownership rate in St Louis during the 1st quarter of 2013 was 74.2 percent, the highest level since the 4th quarter of 2006 when the rate was 74.3 percent, according to the latest data from the U.S. Census Bureau.
Lets just take a minute to review just how remarkable this is. When the housing market crashed in 2007, a record number of homeowners had lost their homes in foreclosure. Now home-ownership rates in St Louis are higher than before the crash. Ladies and Gentleman the St. Louis Real Estate market is returning.