These paragraphs jumped out at me:
“The number of units (homes) sold is up almost 6 percent, and the volume has increased 7.5 percent. The average price has risen only 1.5 percent.
John Ravenscraft, the association’s president (The Mark Twain Association of Realtors), gives low interest rates and low regional unemployment much of the credit, but adds an intangible that often isn’t mentioned with such trends.
He said local real estate agents and banks “continue to have a positive attitude” and “continue to work hard” to make sure buyers get what they want.
They’ve also stayed away from sub-prime lending that’s gotten some financial institutions in trouble.”
Additionally, Missouri is one of few states that allows non-Missouri residents access to the state’s tax credits program for restoring historic and historic district houses:
More on our experiences with this later.