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February 2008 - Posts

Thursday, February 21, 2008 6:02 PM

New Porto Cima, Lake of the Ozarks lakefront home

Outstanding Level Lakefron in Porto Cima • 3,800 sq. ft., 5 bath, 5 bdrm 2 story "Walk out to the Level lakefront" - MLS® $999,995 - Brand New! Sunrise Beach, Camden County - Just completing the finishing touches to this beautiful Frank
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, February 21, 2008 11:22 AM

Lake of the Ozarks Sleet Storm

Yuck! Winter isn't over yet! Everyone here at Lake of the Ozarks is looking forward anxiously to Spring. Warm sunny days, the trees turning green, and the Crappie biting! But it seems that winter won't end it's nasty grip. Today we have 2
Posted by Donna Schrimpf-Gum | 0 Comments
Tuesday, February 19, 2008 11:38 AM

Ameren UE Meeting and Dock Deadline

Last week I attended a Realtor meeting with spokesperson Jeff Green of Ameren UE. He talked about the new proposal being submitted to FERC (Federal Energy Regulatory Commission) for the operation of the dam. Overall, I thought it was a positive meeting
Posted by Donna Schrimpf-Gum | 2 Comments
Saturday, February 16, 2008 2:54 PM

Price Reduced on 211-1427 Spindrifter Ct. in Osage Beach

Osage Beach, Camden County - Announcing a price reduction on 211 Spindrifter, a 1,470 sq. ft., 2 bath, 3 bdrm condo. This project has a demanding Eastern view for several miles of Lake of the Ozark. Spindrifter is a small upscale project on Turkey Bend,
Posted by Donna Schrimpf-Gum | 0 Comments
Saturday, February 16, 2008 1:39 PM

Non Lakefront Market Trend

I have been asked to put together a report similar to the waterfront market report. The lake is such a unique community. We have lakefront of course, but we also have Golf Course homes, View Homes, Country Homes, Town Homes and Lake Access Homes. They
Posted by Donna Schrimpf-Gum | 0 Comments
Saturday, February 16, 2008 1:30 PM

How to handle your vacation home so you can do a 1031 exchange

As most of you know, the 1031 Exchange was put in place to encourage the purchase and sale of commercial and investment real estate. As such, your lake home normally does not qualify. The rules say any residence used for personal use more than 14 days
Posted by Donna Schrimpf-Gum | 0 Comments
Friday, February 15, 2008 5:26 PM

Lake of the Ozarks waterfront Home Sales 2006 & 2007

Lake of the Ozarks Waterfront Home Sales 2006 & 2007 As you can see, the median price of Lake of the Ozarks waterfront homes was up for 2007 compared to 2006. While the number of units was down about 12% because of our unique product and being primarily
Posted by Donna Schrimpf-Gum | 0 Comments
Monday, February 11, 2008 12:47 PM

Buyer's Market in Lakefront Homes

Price Ranges # of Sales in 2007 # of Homes Listed No. Months of Inventory Absorption Rate Per Month Market Condition $0 - $149,999 46 17 4.43 3.83 Sellers $150,000 - $199,999 93 50 6.45 7.75 Neutral $200,000 - $249,999 102 83 9.76 8.50 Buyers $250,000
Posted by Donna Schrimpf-Gum | 1 Comments
Thursday, February 07, 2008 2:38 PM

$1,150,000 But No Sale Unless You Take The Buyer's Oath

• 4,150 sq. ft., 4 bath, 5 bdrm 2 story - MLS® $1,150,000 - Includes extra Large Dock "I will learn how to be a fun-loving, waterfront-living lake person. I promise to throw parties on my dock for no particular reason." If you are looking
Posted by Donna Schrimpf-Gum | 0 Comments