Saint Louis Real Estate Market Comes Alive
By: Leon Castles
on Monday, April 30, 2012
There was a time when the real estate market in Saint Louis was sky high but things dropped down during the 2008 recession and since then there has been no good time for the real estate developers in the city. However, many of the Saint Louis real estate developers and companies feel that the days are back and they have seen growth in real estate market. Intelica CRE that has been a Saint Louis based real estate company said that they have seen the market trends and they are positive which means that people are coming back to Saint Louis for their business.
The company said that the first quarter of 2012 has been really beneficial and lucky for them as they were able to sold six buildings in the last three months which is really a good sign for those who are in this field. The company said that although the property prices are still down they are hoping that they would go down because many new business entrepreneurs would flock here attracted by the low office property prices. The company also said that they are only looking out for smaller deals at the moment because they believe that the bigger prices will only happen when the demand exceeds supply in the market.