January 27, 2011

INVENTORY TRENDS FOR NEW CONTRUCTION HOMES SIGNAL CONTINUED WOES IN 2011

The blog Calculated Risk - Finance and Economics (located at www.calculatedriskblog.com) continues to produce good, high quality graphics explaining the state of the national new construction market.  The inventory trends remain troubling.  Here are the graphics:




January 26, 2011

APPELLATE DECISIONS - RECENT REAL ESTATE CASES

Giving junior lienholder separate notice of sheriff's sale not required.  Belden v. Donohue, No. 30000 (Mo. App. S.D., September 4, 2010), Barney, P.J.

Waiver by conduct must be clear and unequivocal and estoppel does not lie without clear and satisfactory proof of being misled with damages resulting.  Channawood Holdings, LLC v. 1209 Washington, LLC, No. 94498 (Mo. App. E.D., November 2, 2010), Sullivan, P.J.

Case Summaries Provided by the Missouri Bar 

RENTAL RATES FOR LOFTS IN ST. LOUIS REMAIN STABLE

Rental rates for condominiums and lofts remain flat in Downtown St. Louis and Lafayette Square.  Rental rates continue to hover at $1.00 per sq. ft. even as vacancies decline.  For Full Report - Contact PREA Signature Realty