Avenue Real Estate Group

Interesting finding from Zillow's New Rental Report. https://ow.ly/p6zL50Uv814

Just Closed! “Moving Lives Forward” Avenuestl.com

FOR RENT: 1129 Moorlands Dr, Saint Louis, MO 63117. This updated 2 bedroom, 1 bathroom unit in Richmond Heights offers beautiful hardwood floors, modern appliances, and a private covered back deck. The property features a brand new driveway and exterior stairs leading up to the entrance. Located in a peaceful neighborhood, this home combines comfort with modern convenience. Dogs allowed. https://ow.ly/Cywo50UtCW2

FOR RENT: 1129 Moorlands Dr, Saint Louis, MO 63117. This updated 2 bedroom, 1 bathroom unit in Richmond Heights offers beautiful hardwood floors, modern appliances, and a private covered back deck. The property features a brand new driveway and exterior stairs leading up to the entrance. Located in a peaceful neighborhood, this home combines comfort with modern convenience. Dogs allowed. https://ow.ly/Ogsy50UtCVZ  

David Mertens from Avenue was an excellent agent who helped me understand the process and make informed decisions every step of the way.

AvenueSTL.com Cooler weather usually brings cooler home prices. Data shows homes are typically about 5% less expensive in the winter compared to when prices usually peak in the summer. That’s because competition slows down and sellers are more open to negotiating this time of year. Ready to take advantage of the seasonal shift and make your budget go further? Let’s find your next home.

I am pleased to share that I recently closed on a deal with Grant Cook and his team. It was a pleasure collaborating with them. Their responsiveness and professionalism made the process seamless. I look forward to the opportunity to work with him again in the future. Zulibeth eXp Realty -Delhougne Real Estate Group

Single-family rents rose 4.4% year-over-year to $2,198, with the highest annual increases seen in St. Louis (7.6%), Cleveland (7.4%), and Hartford (7%). Meanwhile, multifamily rents increased 2.4%, with the highest gains in Hartford (8%), Cleveland (6.8%), and Providence (6%). https://lnkd.in/eTBuCQAH

Zumper’s 2024 annual rent report reveals a transformative year in the rental market https://lnkd.in/eWNsTcdq Renters gained more bargaining power in 2024 due to a record-high influx of supply, leading to concessions like waived fees and free rent in cities like Austin, Phoenix, and Miami. Stabilizing or declining rents in these cities contrasted with spikes in the Northeast and Midwest. The national median rent for one-bedroom apartments rose 2.8% to $1,538, while two-bedrooms increased 3.2% to $1,906, even as 42% of renters' pre-tax income went to housing. This financial strain has led to declining satisfaction, with only 50% of renters feeling they have a good deal. Growing demand in tech hubs such as San Francisco pushed rents higher, while affordability concerns prompted declines in San Diego and stabilization in Florida, Texas, and Arizona. New York set a record with $4,500 for a one-bedroom, marking the highest in the nation.

Derek Merkel and Noah VanBree have always provided the highest quality service and are some of the most professional managers I have met.