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Home values in St. Louis County appear to be sliding in the wrong direction.

The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent. STL County reassessment lowers property values On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.

Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens. STL County reassessment lowers property values Commercial property values appear flat across most of the county.
Tuesday, 19 March 2013 01:37
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A broken water pipe is forcing school officials to call of classes at St. Joseph Catholic School in Wentzville. Principal Dwight Elmore says the school will be closed on Tuesday.

There's no word if the pipe will be fixed in time for class on Wednesday.
Tuesday, 19 March 2013 01:33
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Reavis Road is open again after railroad crews worked overnight on the derailment of two cars from a Burlington Northern Santa Fe freight train.

St. Louis County Police say a mechanical problem with a Burlington Northern freight train caused several cars to derail shortly after 8 p.m.

Reavis Road had to be closed between Tesson Ferry and McKenzie in Affton while crews made repairs and got the rail cars back on the track.

There had initially been some concern about a possible leak, but officials say all of the affected cars were empty. And no one was injured.

Officials expect to have Reavis Road back open by 7:00 a.m.
Tuesday, 19 March 2013 00:39
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O'FALLON, Mo. (AP) — The city council in a St. Louis area town is considering a bill that would declare any federal, state or local laws prohibiting guns to be in violation of the U.S. and Missouri constitutions, rendering them invalid in the town.

The measure has been proposed in O'Fallon. The Suburban Journals of Greater St. Louis reports it could be subject of a vote on March 28.

Co-sponsors Jim Pepper and John Haman Jr. say the bill would not invalidate existing laws but protect the rights of residents to bear arms. But Councilman Bob Howell questioned the need for the bill and urged major revisions. Howell says that while he supports protecting gun rights, he believes the bill puts the city in the position of passing an unconstitutional law.
Monday, 18 March 2013 17:48
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