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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
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
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
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
Wednesday, November 12, 2008 2:54 PM

Great Time for a Home Equity Loan

With Prime rate at 4%, Home equity lines of credit for debt consolidation along with a lower interest rate first mortgage could save hundreds of dollars a month. $10,000 worth of credit card debt, rolled into a Home equity line of credit at 5% (prime
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
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, 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
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