Real Estate Market | St. Louis Public Radio

Real Estate Market

Mary Delach Leonard | St. Louis Public Radio

Kathie Harnacker is house hunting in Ferguson.

She braved relentless rain on Sunday afternoon to tour a compact three-bedroom brick ranch on a tree-lined street in the Old Ferguson West neighborhood.

“This house is great,’’ she said, while standing in the lush patio garden. “It looks well-maintained. It looks like a very nice neighborhood.”

houses for sale, housing market
Tom Caswell | Flickr

St. Louis’ housing market is recovering from the so-called "Great Recession,' but its pace is slower than in other areas of the country.

That was the message members of the St. Louis Association of Realtors heard at the group’s annual economic forecast breakfast Wednesday.

Bills Emmons, an economist with the Federal Reserve Bank of St. Louis’ Division of Banking Supervision and Regulation, told the group that St. Louis is following national trends in the housing market.