It has been an interesting time here at Lake of the Ozarks.
Donna and I have been selling real estate at the Lake for over 20 years and have not seen a market like this before.
There are literaly hundreds of properties to choose from in every catagory. Sellers are motivated to make a deal and interest rates are at or near historic lows. The news media reports the recession is ending. Inflation, higher prices and higher interest rates seem to be just around the corner.
THERE COULDN'T BE A BETTER TIME TO BUY REAL ESTATE AT LAKE OF THE OZARKS THAN RIGHT NOW!
http://media.reliancenetwork.com/dyna_images/clients/8044668/20091012093845.pdf
Interesting Fact: Of the $240 Million closed in MLS this year, over $100 Million was sold in the 3rd Quarter!
What does this major increase in activity mean?
There are serious Buyers out there "Cherry Picking" the best deals as soon as they hit the market
Buyers are taking advantage of lowered prices
Buyers are taking advantage of motivated sellers
Buyers are taking advantage of low interest rates
Buyers are getting deals like we have never seen before
Properties listed below market value are selling quickly
Properties that are priced properly and in excellent showing condition are selling
The question is "Should you wait for higher prices and higher interest rates to return, or is NOW the time to invest in your dream Lake of the Ozarks home?"
The timing isn't right for everyone, but if you have been planning this purchase, it couldn't be better.
If you would like the name of several excellent lenders, just let us know. The ones we deal with are Ready...Willing...and Able to make good qualified loans.