Whether you didn’t find your dream home this summer or you’re just now considering a move to St. Louis, you may be wondering, “Should I buy a house now or wait?” Fall typically means there are fewer homes to choose from, but it also has the advantage of less competition from other buyers. So is it better to wait until spring when the market heats up again, or keep searching now and hope you find the right fit?

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It’s hard to say goodbye to a great backyard. You’ve made memories watching the kids climb trees, cooking out, or swimming with neighbors if you have a home with a pool. Now that you’re ready to find a buyer, it’s natural to think that others will be willing to spend an arm and a leg for the same outdoor space you’ve enjoyed. 

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Many prospective home buyers seek out older houses in St. Louis over newer, modern builds because of their unique charm and character. St. Louis is home to a variety of distinctive houses, from cute bungalows and “gingerbread” style Tudor revivals to more stately Soulard historical builds. Many of these homes are filled with one-of-a-kind features, like stained glass windows, beautiful hardwood floors, and built-in shelves and cubbies.

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According to St. Louis Real Estate News, a significant share of active listings across the region have been on the market for more than 60 days. The cause? Well, it’s complicated. It’s not that we are in a slow market. Rather, it’s a selective market. With more inventory becoming available, buyers are hesitant to purchase something they’re not sure is worth the mortgage payment.

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