After a tough few years, the St. Louis housing market is looking up. St. Louis on the Air host Don Marsh spoke with real estate experts Allen Brake and Brock MacLean to get their forecast for the St. Louis home buying season.
Brake is a realtor with Realty Executives of St. Louis and MacLean is an executive vice president of homes.com, an online home search service.
So, another week, and yet more news the U.S. housing market is slowly returning to normal.
Numbers released on Tuesday by the Commerce Department show that builders broke ground on homes last month at a seasonally adjusted annual rate of 917,000. That's up from 910,000 in January. And it's the second-fastest pace since June 2008, behind December's rate of 982,000.