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Saturday, January 29, 2011 10:15 AM

Pending home sales for December 2010

A recent report from the national Association of realtors verifies what seems to be happening here Lake of the Ozarks. Prices are stabilizing and there's a definite increase in buyer interest. Foreclosures and homes priced below current market value
Posted by Donna Schrimpf-Gum | 1 Comments
Thursday, January 13, 2011 10:29 AM

Interested in Buying a Foreclosure at Lake of the Ozarks?

I found this article today and thought it was worth sharing. By Tara-Nicholle Nelson | Broker in San Francisco, CA Interest in buying a foreclosed home is on the rise, but so are concerns about the risk involved in the process. In a December survey, Trulia
Posted by Donna Schrimpf-Gum | 0 Comments
Monday, November 22, 2010 9:16 AM

5 Tips for Selling Your Home Quickly in Today’s Market

I just read the following article and it has some good tips and possitive economic news. By Dan Steward Print Article RISMEDIA, November 22, 2010— It’s one thing when someone says “Things are looking up,” but quite another when
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, November 18, 2010 11:26 AM

The Creep Has Begun

No Halloween is over. This is about Interest Rate Creep. I have been telling everyone to expect interest rates to start a steady march UP in the near future. Well, it has begun! A week ago I received an email from a local lender offering a fixed rate
Posted by Donna Schrimpf-Gum | 0 Comments
Wednesday, August 18, 2010 3:46 PM

What is the Lake of the Ozarks Real Estate Market Doing?

I hear the question "What is the lake market doing?" almost every day. Well, there is no easy answer. Our company has closed 130+ so far this year and are on schedule to meet our goals. Could it be better? Yes, of course, but it could be a lot
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, November 05, 2009 6:19 PM

October Company Sales Figures WOW!

Normal 0 What a Killer month we had in October. We are up 61% in volume over last October! Listings sold were up 50% and Sales 44% over last October. This is the fifth month that we have made improvements over last year. From January through June we were
Posted by Donna Schrimpf-Gum | 0 Comments
Sunday, September 20, 2009 11:00 AM

Housing Sales Headed in the Right Direction

In a recent article by Lawrence Yun, the Chief economist of the National Association of Realtors, he noted that "Pending home sales in July reached their highest mark in two years, and closed sales also continued on an upward path. As a result, inventories
Posted by Donna Schrimpf-Gum | 0 Comments
Saturday, December 13, 2008 10:43 AM

Email from Lender on Rates -

I received the following from a Lake lender Premier Bank. For those waiting for "The Bottom of the Market", with these kind of rates you can save a lot more money than if the market drops another 5 percent. Especially if the rates go up even
Posted by Donna Schrimpf-Gum | 0 Comments
Friday, October 03, 2008 9:54 AM

National Foreclosure Rate for August

California-based Realty Trac Inc. counts every foreclosure filing and has some very good news about the Foreclosure Market. The average number of foreclosures for the U.S. for August was 1/419, but this doesn't tell the complete story. Forty states
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, October 02, 2008 3:17 PM

Lake of the Ozarks Homes Closed in September

In September 2008 there were 98 homes closed in the Bagnell Dam Board of Realtors The Average price was $252,215 and the average Days on the Market was 121. How does that compare with 2007. Well good and bad. In September of 2007 there were 152 homes
Posted by Donna Schrimpf-Gum | 0 Comments
Sunday, September 28, 2008 11:58 AM

What is going on with Mortgages?

We met this week with a regional director for Wells Fargo in order to try and get a handle on what is going on in Washington and how it will effect us all. Without putting blame anywhere, as I understand it, the "Crisis" occured because there
Posted by Donna Schrimpf-Gum | 0 Comments
Monday, September 08, 2008 3:03 PM

Fannie and Freddie What does it mean to you?

Now that both Fannie Mae and Freddie Mac are government backed, the investors are back! That means that interest rates will drop. Rates have already dropped today to below 6% and from what several lenders are telling me, by tomorrow the rates will be
Posted by Donna Schrimpf-Gum | 0 Comments
Saturday, September 06, 2008 2:55 PM

Home Sales for July and August

Here is your update on the Real Estate Market at Lake of the Ozarks. The numbers are taken directly from the Bagnell Dam Board of Realtors. Month/Yr............# Homes Sold.......................Days on the Market July '08.....................122
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, September 04, 2008 1:48 PM

First Time Home Buyer Tax Credit

With the change in the demographics at Lake of the Ozarks, first time home buyers are becoming an ever more important part of our business. This tip is for you! The Housing and Economic Recovery Act of 2008 authorizes a $7,500 tax credit to qualified
Posted by Donna Schrimpf-Gum | 0 Comments
Thursday, August 14, 2008 9:17 AM

60% of Americans can Stop Worrying about Home Values!

I just read this article and it has some positive news for the real estate market in general and is backed up with governement numbers. C ompiled from a White Paper recently released by John Benson, a real estate analyst . The White Paper is titled, “60%
Posted by Donna Schrimpf-Gum | 2 Comments
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