Lake of the Ozarks Real Estate Today

Mortgage Rates Amazingly Low, Continue to Fall

2010-08-25T11:51:00.000-05:00

Mortgage Rates Amazingly Low, Continue to Fall
30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are at all time record low levels
Full Story: http://realtytimes.com/rtpages/20100825_rateupdate.htm

Vacation Rental Owners' Hard Lesson

2010-08-23T12:17:00.000-05:00

Vacation Rental Owners' Hard Lesson from the Gulf Oil Disaster
Some vacation property owners in the Gulf area, suffering lost income due to the disaster, discovered the hard way why sound record-keeping is a must.
Full Story: http://realtytimes.com/rtpages/20100819_lesson.htm

Report: June Home Sales Up 7.2%

2010-07-21T11:41:00.000-05:00

The RE/MAX Monthly Housing Report shows that U.S. home sales rose 7.2 percent in June over May. The U.S. Homebuyer Tax Credit brought a lot of buyers out last fall and again this spring, which stimulated sales during that time period.

While that heightened volume cannot be sustained, home sales and prices still remain higher than last year due to historically low interest rates and the lowest home prices seen in years. The monthly survey of 54 metropolitan areas also reveals that closed transactions in June were 5.6 percent higher and that prices rose 3.5 percent when compared to June 2009.

“There’s no question, the tax credit has had a significant impact on this market,” says RE/MAX CEO Margaret Kelly. “No one can predict the future, and we may still see a slight pull back, but for right now it appears that housing is holding its own, hopefully on the road to a sustainable recovery.”

Responding to demand, home prices appear to be stabilizing and slowly inching higher. The weighted average of all median sales prices for June was $211, 530.

Mortgage Basics

2010-07-20T12:37:00.000-05:00

Points, fees, and adjustable rates. If you are brand new to the home buying arena, then mortgage terminology can be as foreign as reading Greek.
Full Story: http://realtytimes.com/rtpages/20100719_mortgage.htm

Choosing Your Agent

2010-05-17T10:23:00.000-05:00

It is recommended that you have a real estate agent help you with your transactions. But how do you know which agent to select? The choice can be difficult, but here are some questions to ask during potential agent interviews.
Full Story: http://realtytimes.com/rtpages/20100517_agent.htm

All About Home Inspections

2010-04-05T10:19:00.000-05:00

If you are in the market to buy a home, then it is time to understand the basics of home inspections.
Full Story: http://realtytimes.com/rtpages/20100405_inspections.htm

Is It the Beginning of the End for Housing Crisis?

2010-03-08T12:23:00.000-06:00

RISMEDIA, March 8, 2010—(MCT)—A smaller percentage of mortgages were delinquent and the rate of those entering the foreclosure process slowed in the fourth quarter of 2009, possible signs that the foreclosure crisis that has gripped many of the nation's housing markets is finally starting to ease, a trade group has reported."We are likely seeing the beginning of the end of the unprecedented wave of mortgage delinquencies and foreclosures Continued

Market Conditions

2010-02-09T15:37:00.000-06:00

The National Association of Realtors' Pending Home Sales Index shows that there has been a market swing, driven by response to the home buyer tax credit.
Full Story: CLICK HERE.

How to Repair Your Home Without Damaging Your Wallet

2010-01-28T16:16:00.002-06:00

Some homeowners have a long laundry list of to-do repairs and, interestingly enough, many of those items don't get addressed until (or if at all) it's time to sell the house. In hot real estate markets, repairs are sometimes not done before the sale. Remember bidding wars over properties that needed work? Well, today sellers are looking for the advantage that makes their home stand out. Even though housing inventory declined toward the end of last year, it's expected to rise as more foreclosures tumble into the marketplace this year.
Read the Full Story:

Real Estate Outlook: 2010 Stark Contrast to 2009

2010-01-05T12:12:00.000-06:00

Even the grumpiest, grinchiest economist would have to admit that New Year's 2010 looks a whole lot more positive for real estate and housing than things did last year at the same time.
Full Story: http://realtytimes.com/rtpages/20100105_realestateoutlook.htm

Home Value Loss Now but Increased Pricing Expected in 2010

2010-01-04T09:31:00.000-06:00

West Coast housing markets fared the worst, losing the most value—21.6 percent since their peak. Florida housing lost 31 percent, the Northeast lost an average of 8.6 percent, and the Midwest lost, on average, 5.6 percent.
Full Story: http://realtytimes.com/rtpages/20100104_homevalue.htm

There's A Very Good Reason Why The New Home Sales Data Plunged In November

2009-12-30T09:55:00.003-06:00

There’s always more to the story than the headline. Sometimes, you have to dig deeper. Looking back over 10 months, the housing market is on a steady course of improvement. Read the rest of the story.

10 Trouble Spots to Consider When Purchasing a Foreclosed Home

2009-12-21T12:06:00.000-06:00

RISMEDIA, December 21, 2009—It's easy pickings out there for many potential homebuyers. Housing prices are at their lowest in more than a decade, inventories are high, analysts are predicting a new wave of foreclosures and the government is offering two substantial tax credits for which many homebuyers qualify. But bargain buyers beware, warns Vince Mastronardi, whose property preservation business has been busy preparing Continued

Real Estate Outlook: Signs of Rebound

2009-12-08T10:08:00.000-06:00

Unemployment and foreclosures continue to be huge weights holding back the economy, but housing's performance is just the opposite: Its signs of rebound keep getting stronger and stronger.
Full Story: http://realtytimes.com/rtpages/20091208_realestateoutlook.htm

7 Things All Buyers Ought to Know

2009-11-17T12:15:00.000-06:00

"Ignorance is bliss" was never said about real estate purchases for 7 good reasons. PJ Wade shares sound insights and practical solutions for buyers in any market.
Full Story: http://realtytimes.com/rtpages/20091117_buyers.htm

Higher Home Prices Ahead, Says The Pending Home Sales Index

2009-11-05T13:00:00.003-06:00

When the Pending Home Sales Index rises, it tells us that market activity has picked up. September’s data confirms what we’ve been noticing since February — the Buyers Market is ending. READ MORE...

U.S. Department of Housing and Urban Development (HUD)

2009-10-29T11:15:00.001-05:00

WASHINGTON, DC - Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan called on Congress to approve three important measures to improve housing and the housing market for Americans: extension ... READ MORE...

59% of Home Buyers Rely on Low Down-Payment Government Mortgages

2009-10-21T15:24:00.000-05:00

RISMEDIA, October 21, 2009—The new home market is cooling down and government intervention has been a key driver to new home sales, according to a recent monthly survey of home builders, just released by John Burns Real Estate Consulting. In addition to the tax credit that expires Nov. 30, government mortgage programs have been critical in 2009. The survey reveals that 59% of this year's sales have been dependent on FHA, VA Continued

PHOTOS FROM AROUND THE LAKE!

2009-10-13T15:19:00.002-05:00

Here are a few shots from around the lake.

Real Estate Outlook: Warning of Slow Down?

2009-10-13T15:12:00.001-05:00

Though some economic analysts are warning that the housing market's rebound will slow down as the weather turns colder, this week's numbers show no hints of that.
Full Story: http://realtytimes.com/rtpages/20091013_realestateoutlook.htm

Real Estate Outlook: Sales Stats and Rates

2009-10-07T15:03:00.001-05:00

Regionally, pending sales were up by 8.2 percent in the Northeast, 7.6 percent in the Midwest, by just less than one percent in the South, and up a stunning 16 percent in the Western states.
Full Story: http://realtytimes.com/rtpages/20091006_realestateoutlook.htm

Real Estate Investment 101

2009-10-01T14:46:00.000-05:00

It's one of the best of times ever to invest in real estate, but just like buying a home to live in, taking the real estate investment plunge requires lots of foresight.
Full Story: http://realtytimes.com/rtpages/20090924_invest.htm

PRICE REDUCED FOR QUICK SALE

2009-10-01T14:40:00.001-05:00

FREE Homebuyers Workshop

2009-09-15T13:22:00.002-05:00

You’re Invited to a FREE Homebuyer Workshop

Tue. 9/22 from 5:30 - 6:30pm

Lower Level RE/MAX at the Lake in Laurie, MO

Please join us for a free homebuyer workshop, sponsored by Bank of America.

This workshop is designed to provide insight on each step of the homebuying process from a dedicated and experienced Bank of America mortgage loan officer.You’ll get useful tips on:

The benefits of owning a home

Determining how much home you can afford

Understanding, establishing and repairing credit

Affordable mortgage programs offered by Bank of America

Don’t miss this opportunity to learn about the homebuying process from a lending professional. If you are interested in attending, please contact me for details.

Real Estate Outlook: A Bright Market

2009-09-08T12:40:00.000-05:00

Pending home sales jumped again. They were up by 3.2 percent for the month of July, according to the National Association of Realtors. That's the sixth straight month of increases. The pending sales index is now at its highest level since June of 2007, and is 12 percent above a year ago.
Full Story: http://realtytimes.com/rtpages/20090908_realestateoutlook.htm

First-Time Home Buyers Dominate Real Estate Market

2009-08-27T16:01:00.001-05:00

RISMEDIA, August 27, 2009-With the first-time home buyer's tax credit in full effect, younger buyers are taking the opportunity to enter the real estate market and the New Jersey real estate market has seen its fair share of first-time buyers enter the playing field recently. Across the state, agents are finding that they must consider Continued

Up to $14,999 Down Payment When Purchasing Foreclosed Property

2009-08-14T12:00:00.001-05:00

New Program To Help Stabilize Missouri Neighborhoods

MHDC is offering a new product to help stabilize and rebuild the neighborhoods of Missouri hard hit by the housing downturn. The commission received $4.2 million from the Neighborhood Stabilization Program (NSP), which was part of the Housing and Economic Recovery Act of 2008. These funds are intended to be used for down payment and closing cost assistance for qualified buyers purchasing foreclosed property that will be used as the owner’s principal residence.
For more info click here:

Factors That Do Not Affect the Value of Real Estate

2009-08-05T09:25:00.000-05:00

I read this article and think that all home owners thinking about selling should read it.

When selling a home, there are many factors which affect market value and the eventual sale price of a home, such as location, condition, size, amenities, features, improvements and upgrades, local economic conditions, the current real estate market and mortgage interest rates, among others. Some of these factors are within the control of the owner, and others are beyond the control of the owner.
Full Story: http://realtytimes.com/rtpages/20090805_factors.htm

New Home Sales Up 11%

2009-07-28T13:50:00.001-05:00

WASHINGTON — New US home sales leapt 11 percent in June, government data showed Monday in a further sign of recovery for the sector at the epicenter of the ... Read More

Dock owners must post 911 address by next summer

2009-07-22T15:12:00.000-05:00

A new law will affect boat dock owners at the Lake of the Ozarks in 2010 thanks to HB 657 sponsored by lake resident Representative Dr. Wayne Cooper (R - Camden County).

Beginning next summer all dock owners will be required by law to post the recognized 911 street address of the adjacent land. According to the bill, the 911 address must be displayed on the lake side of the dock in the area most visible from the channel or cove.

The address must be at at least three-inch block style lettering and should be in a contrasting color to the background on which it is displayed. The penalty for not posting this information is a $25 fine for each time the delinquency is cited. Click here to read the rest of the story.

First-Time Home Buyers Eager to Reap Tax Credit Benefits, but Unsure of Details

2009-07-22T09:21:00.001-05:00

The federal tax credit for first-time home buyers is now half way to its Dec. 1, 2009, expiration date, and it seems fair to ask just how much it is helping real estate markets. The RE/MAX network in northern Illinois did just that, interviewing 40 RE/MAX agents from across the region about how the tax credit is impacting the first-time buyers with whom they work. Continued

Lake Front Cabin For Sale

2009-07-16T09:33:00.002-05:00

Here is your chance to own your own lake front cabin that comes complete with everything you need to enjoy the lake. It comes with furniture, linens, dishes, nice dock with boat hoist, and a swim deck. All of this at a price you can't pass up. ONLY $169,000 and it is yours.
Check out mls #3061853 or go to www.OzarkHome.com/mls3061853

NAR: Home Hunting without Fear

2009-07-16T09:32:00.000-05:00

Those who've suffered the agony of defeat in what's likely the most dangerous consumer game, learned the hard way that sheer fearlessness isn't enough to become and remain a homeowner -- through good times and bad.
Full Story: http://realtytimes.com/rtpages/20090716_homehunt.htm

Pending Home Sales Record Fourth Straight Monthly Gain

2009-07-14T14:58:00.001-05:00

Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity. Read more >

Dock owners must post 911 address

2009-06-25T08:44:00.001-05:00

A new law will affect boat dock owners at the Lake of the Ozarks in 2010 thanks to HB 657 sponsored by lake resident Representative Dr. Wayne Cooper (R - Camden County).
Full story click here.

Selling Home May Be Influenced by What Buyers Can't See

2009-06-19T09:57:00.001-05:00

It’s not always what buyers can see in a home that causes them to want to buy it or not. Sometimes it’s the way the home feels.
Full Story: http://realtytimes.com/rtpages/20090619_nosee.htm

Washington Report: Housing Tax Credit

2009-06-15T13:44:00.001-05:00

A campaign to extend and expand the housing tax credit officially got underway on Capitol Hill last week.
Full Story: http://realtytimes.com/rtpages/20090615_washingtonreport.htm

Rally for the Cure

2009-05-19T13:10:00.002-05:00

The Indian Rock Ladies Golf League and RE/MAX at the Lake have committed, with great enthusiasm, to host a Rally for the Cure Golf Tournament on June 22nd, 2009. Rally for the Cure is a grassroots organization that works to spread awareness about breast health and breast cancer through golf, tennis and dining events.

Rally has been supporting Susan G. Komen for the Cure's commitment to awareness as the first step in eliminating breast cancer since 1996. Monies raised through Rally and fundraising efforts, like this golf tournament has generated over $46 million and counting for Komen.

We invite you to join Indian Rock Ladies Golf League and RE/MAX at the Lake in their efforts by sponsoring a hole, a silent auction item or attendance prizes at their upcoming Rally.

For more information, please contact Steve Gum at 573-280-5754 or by e-mail at callsteve@ozarkhome.com

Thank you for your support!

Washington Report: $8,000 Tax Credit

2009-05-18T11:00:00.000-05:00

Home builders and Realtors cheered in Washington last week when HUD Secretary Shaun Donovan announced that FHA will allow lenders and government agencies to “monetize” the $8,000 federal homebuyer tax credit, providing purchasers with downpayment cash upfront, available at closing, rather than waiting for the IRS to mail them a tax credit check.
Full Story: http://realtytimes.com/rtpages/20090518_washingtonreport.htm

Appraisers Advise Sellers How to Get Top Dollar

2009-05-14T11:24:00.001-05:00

Appraisers determine the true market value of homes so they know what it takes to boost property values. Listen to what they say about getting your home ready for market so that it sells for the greatest amount possible.
Full Story: http://realtytimes.com/rtpages/20090514_appraisal.htm

Buying Condo Now More Difficult: Fully Research The Complex Before You Buy

2009-05-08T11:16:00.001-05:00

When the real estate bubble burst, so too, did the dreams of many speculators who were snatching up and flipping condos like hotcakes. Today, buying a condo can still be a great choice but getting financing for it could be a bit more challenging because some financial institutions are "blacklisting" some condo complexes due to high speculator ownership and dropping prices.
Full Story: http://realtytimes.com/rtpages/20090508_buycondo.htm

Pending home sales up 3.2 percent

2009-05-06T13:35:00.000-05:00

The National Association of Realtors says pending U.S. home sales rose from February to March as buyers took advantage of deeply discounted prices and low interest rates.

Full story

The World's 10 Best Places to Live, 2009 Edition

2009-05-06T13:21:00.000-05:00

In Mercer Consulting's annual Quality of Living Survey, Europe once again rules the roost. See which locales ranked highest and find out whether any U.S. cities made the cut... read more

No Money to Buy a Home? Try These Savings Tips

2009-04-21T14:31:00.000-05:00

For many people, buying their own home is still the American dream. Yet, it remains out of reach for a lot of people, even though the housing affordability index in many areas of the country is as good as it's ever been. But if you're not prepared to buy a house, then the index doesn't mean a thing to you—except, perhaps, to create a painful sting and a constant reminder that you're missing out on a good opportunity to buy real estate at lower prices.

Full Story: http://realtytimes.com/rtpages/20090417_savingtips.htm

Real Estate Outlook: Sales Rising?

2009-03-31T10:01:00.001-05:00

Pushed by a powerful combination of historically-low fixed mortgage rates, an $8,000 tax credit, and affordable prices, sales of existing homes jumped 5 percent in February compared with the same month last year.
Full Story: http://realtytimes.com/rtpages/20090331_realestateoutlook.htm

Hot Market: Bloomberg: 2008 Home Prices Increase in Various U.S. States

2009-03-27T14:32:00.001-05:00

Buried at the tail end of new report on Bloomberg.com was the news we've all been waiting for -- home sales price increases. The headline was pointing out how home prices had dropped in 70% of states across the country (34 states); which meant that there were, indeed, states where home prices increased.

Full Story: http://realtytimes.com/rtpages/20090327_hotmarket.htm

Mortgage Rates Dip in Response to Fed's Decision to Buy Treasury Bonds and Mortgage Securities

2009-03-23T09:10:00.000-05:00

RISMEDIA, March 23, 2009—(MCT)—Mortgage rates are again dropping to near-record lows - below 5% - in the wake of the Federal Reserve's decision to buy up Treasury bonds and mortgage securities. Continued

INTEREST RATES BELOW 5%

2009-03-19T15:19:00.002-05:00

I just received my daily interest rate update. Can you believe that it was

30 yr fixed 4.625%

15 yr fixed 4.50%

I don't think I have ever seen rates this low. It is no wonder home buyers are getting excited about buying a home right now. If you throw in the 10% or up to $8,000 First Time Buyers Credit what could be better. If you have not owned a home in the last three years you could qualify as a First Time home buyer.

Home prices are low and rates are even lower, inventory is high and people are ready to deal. If you have been think about buying your first home or that weekend get-away, give me a call and we will work together to find that right property. Now is the time to buy!!!!!

Real Estate Outlook: Balancing the News

2009-03-10T11:41:00.000-05:00

Sometimes bad economic news comes at you so hard and fast that you forget to notice some of the more encouraging trends that may be underway, like super low mortgage rates, record-setting affordability, new tax credits, and big sales increases in the boom-to-bust real estate markets of Florida, California and Nevada.

Full Story: http://realtytimes.com/rtpages/20090310_realestateoutlook.htm

Real Estate Outlook: Housing Positioned For Growth

2009-03-03T09:13:00.000-06:00

No economist has more information at his or her disposal than Federal Reserve chairman Ben Bernanke, and what he told Congress last week should be encouraging news for anyone interested in real estate: The recession that has gripped the country painfully for 18 months will "end" later this year - moving us into positive economic growth.
Full Story: http://realtytimes.com/rtpages/20090303_realestateoutlook.htm

Introducing Distressed Homeowners to Their Options

2009-02-23T10:44:00.000-06:00

The first step is to educate homeowners in your area. Most homeowners think they have only two options – pay up or move out. The fact is that more than a dozen options are available. Although all of these options may not be realistic for every homeowner, most homeowners can realistically consider at least four or five of the options on this list:

Full Story: http://realtytimes.com/rtpages/20090223_options.htm

Buy Now! Beat The Spring Rush

2009-02-19T13:24:00.000-06:00

Record low interest rates, low-low home prices, less competition and other factors have converged. You've got plenty of time to beat the spring rush. Use it wisely.
Full Story: http://realtytimes.com/rtpages/20090219_buynow.htm

Real Estate Outlook: Encouraging Signs

2009-02-10T12:45:00.000-06:00

Could the tide be turning for real estate? It's probably premature to make that call, but you can't ignore the encouraging signs -- especially when they come in multiples.
Full Story: http://realtytimes.com/rtpages/20090210_realestateoutlook.htm

COMPARE 2008—2007—2006 SALES STATS

2009-01-30T09:34:00.001-06:00

RESIDENTIAL SOLD STATISTICS:
TOTAL HOMES SOLD 2008: 1149
TOTAL HOMES SOLD 2007: 1601
TOTAL HOMES SOLD 2006: 1837
AVERAGE SALE PRICE 2008: $228,030
AVERAGE SALE PRICE 2007: $242,250
AVERAGE SALE PRICE 2006: $236,793
MEDIAN SALE PRICE 2008: $160,000
MEDIAN SALE PRICE 2008: $175,000
MEDIAN SALE PRICE 2008: $179,500
AVE. DAYS ON MARKET 2008: 120
AVE. DAYS ON MARKET 2007: 121
AVE. DAYS ON MARKET 2006: 119
TOTAL SELL VOLUME 2008: $262,006,645
TOTAL SELL VOLUME 2007: $387,843,615
TOTAL SELL VOLUME 2006: $434,990,314

This information is based on residential sales only from MLS data for January 1st through December 31st, 2008 for LOBR & BDAR. Information is deemed reliable but not guaranteed.

PRICE REDUCED !!!!

2009-01-19T10:53:00.004-06:00

Now is the time to buy your home at the lake. Interest rates are low and so are the prices. But you had better hurry, prices seem to go back up in the late winter and early spring months.

This home has been reduced by $36,000 to make it the bargain of the week. 3 bedrooms, 3 baths, and almost 2,000 sq. ft. of living space along with 81' of lake frontage, 2-well dock w/hoists, suim deck, PWC lift, one car garage and very gentle lot in a No-Wake Cove. Priced at Only $289,000. Click here to view the virtual tour.

DOCK OWNERS GET ICY REMINDER

2009-01-19T10:50:00.000-06:00

LAKE OF THE OZARKS, Mo. -- Dock owners awoke Friday to a hard winter reminder -- ice. It's innocent enough when 40-degree temperatures are on the way, but can be disastrous under other conditions. Sustained frigid temperatures will freeze surface water around docks, lifts and boats, prompting all kinds of expensive repairs. A deep freeze followed by a reduction in the lake level can be disastrous. When docks freeze, they become less flexible and do not move evenly as the water level reduces. This causes major structural stress, can break joints and twist boatlifts.

For more of this story, click on or type the URL below:http://lakeexpo.com/articles/2009/01/17/top_news/07.txt

2008 In Review

2008-12-31T10:49:00.001-06:00

2008 brought many changes to the real estate market and to the lake in general. For the first time in my 20 years of real estate around the lake area, I saw home values start to drop and total residential sales drop by about 28% from 2007 and about 38% from 2006. There is hope just around the corner. It looks like we might have seen the bottom and now moving in a positive direction. Interest rates are dropping to record lows and home prices will never be lower making this a great time to invest in real estate. With low gas prices and the stock market becoming a little more stable, confidence in our economy is growing again. We are still a long ways from back to normal but I think we are starting to move in the right direction.

The lake area continues to grow and with the help of everyone we will continue to make this great place to live, work, and play.

Have a safe and happy 2009 and we will see you on the water.

The First Snow

2008-12-01T11:52:00.002-06:00

It had to happen sooner or later, we had our first dusting of snow yesterday. The temps are in the 30's right now and the furnace is working hard. Even with the colder weather, there is still plenty of time to buy and sell real estate this year. And yes it usually is a slower market here at the lake in December and January but if we have nice weather the market gets hot quick. Prices are still holding their own with a slight drop in value. Come the middle of February I predict that the prices will be on the rise once again for the spring rush of buyers.

So if you are thing about buying, now is the time to take advantage of the low interest rates and low prices. The trees, flowers and prices will all start to grow come spring so don't be left out in the cold. Think warm thoughts of enjoying the lake in your new home or condo.

2008 National REALTORS® Conference & Expo

2008-11-21T14:45:00.001-06:00

Steve Gum of RE/MAX at the Lake and president-elect of the Lake of the Ozarks Board of REALTORS® recently attended the 2008 National REALTORS® Conference & Expo in Orlando, Florida. There REALTORS® see their referrals and sales increase significantly from the networking and education they gain and to learn about industry trends, new technology and innovative products and services. Special seminars and education sessions provide REALTORS® with the know-how they need to better serve their community. More than 400 exhibitors make REALTORS® Expo the world's largest, most comprehensive real estate products supermarket. The Conference & Expo is guaranteed to make you proud to be a REALTOR®!

New Listing - Hunters Retreat

2008-11-13T15:33:00.008-06:00

Are you looking for some land. I just listed a great place for hunters and fisherman. It is 149 acres with 7 ponds, 2 cabins, mixed open pasture and timber, fenced and cross fenced. There is also about a 1/2 acre grape vineyard for you winemakers. This would be a nice place to call home or continue to lease out to the sportsman. It is located on a blacktop road very close to lake access. Check this one out. Priced at ONLY $295,000. Click here to view more info.

Time to winterize your vacation home and boat

2008-11-12T12:46:00.003-06:00

It's that time of the year again. I just returned from the National Association of REALTORS business conference in Florida where it was in the upper 70's and sunny. Now I come home to cold and cloudy. If you have a boat that needs winterizing, NOW is the time to get it done. It is also the time to winterize your lake home if you don't plan on using it until spring. A few hours of work now can save many dollars of repairs later. They are saying it will get down into the mid 20's later this week so don't wait too long!

2008 Sales Stats

2008-11-05T11:03:00.000-06:00

2008 SALES STATS
JAN. 1ST - OCT. 31ST

TOTAL RESIDENTIAL SOLD:

TOTAL HOMES SOLD 2008: 1035

AVERAGE SALE PRICE: $230,829

AVERAGE DAYS ON MARKET: 122

TOTAL LOTS & LAND SOLD:

TOTAL LOTS & LAND SOLD: 219

AVERAGE SALE PRICE: $96,925

AVERAGE DAYS ON MARKET: 206

TOTAL COMMERCIAL SOLD:

TOTAL COMMERCIAL SOLD: 51

AVERAGE SALE PRICE: $436,822

AVERAGE DAYS ON MARKET: 189

TOTAL CONDO’S SOLD:

TOTAL CONDO’S SOLD 2008: 521

AVERAGE SALE PRICE: $200,169

AVERAGE DAYS ON MARKET: 207

This information is based on MLS data for January 1st through Oct. 31st, 2008 for LOBR & BDAR. Information is deemed reliable but not guaranteed.