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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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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 loan at 4.0% for a 30 year term and no points.
Monday I received an update to ...
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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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News From LakeExpo.com
March 9, 2010ARTIST RENDERING: The plan for Chateau on Lake of the Ozarks features 320 rooms and more than 100,000 square feet of meeting space.John Q. Hammons development at Lake of the Ozarks clears legal hurdleBy LakeExpo.com Staff
CAMDEN COUNTY, Mo. -- After over two years of legal wrangling, the City of Osage Beach ...
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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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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 are tightening; in June there were 3.8 million properties for sale nationally, compared ...
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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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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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