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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 are selling very quickly.
Sellers are still motivated, but having already lowered their ...
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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 the numbers actually bear that out. Happily, the latter is the case, evidenced by the latest ...
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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 worse!To get there, we have had to work harder, do a better job of marketing and learn a lot ...
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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 50% behind 2008. Since then, we ...
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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 1% next year, as is very possible with increased inflation.***NOW IS THE TIME MORE THAN EVER THIS ...
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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 at the sky, he couldn't tell what the winter was going to be ...
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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 +1) would only be $41.66 dollars a month.
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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 had numbers that were better than 1/500.
What does this mean? Banks anticipate a 1 to 2 ...
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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 sold. The Bad News
The Average price was $260,480. Down $8,000 or 3.2% Not Terrible
The Days ...
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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 around 5.75%!!! That is a full per cent less than they were just a couple of weeks ago. What a ...
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