Discussing Lake of the Ozarks Area Information, focusing on home, lakefront, condo, lot and investment Real Estate in and around Lake Ozark, Osage Beach, Four Seasons, Porto Cima, Laurie, Camdenton, Linn Creek, Gravois, Sunrise Beach and the entire Lake of the Ozarks area.
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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 Read More...
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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 Read More...
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****COLD WINTER**** It was October and the Indians on a remote reservation asked their new chief if the coming winter was going to be cold or mild. Since he became the chief in a modern society, he had never been taught all the old secrets. When he looked Read More...
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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 Read More...
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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 Read More...
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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 Read More...
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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 Read More...
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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 Read More...
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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% Read More...
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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 Read More...
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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 Read More...
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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 Read More...
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