When Offering on Homes, Keep the Big Picture in Mind
In keeping with the theme of affordable homes in Branson, Missouri, let’s talk about making offers. Most buyers get very hung up on the sales price of the home, which is understandable but not very practical. For instance, if a home is for sale for $150,000 and there are other offers on it, make your best offer and call it a day. When you take a $150,000 payment on a 30 year amortization schedule,... [Read more...]
Affordable Homes in Branson, Missouri In Short Supply
In the past few months I have written a handful of posts about the lack of affordable homes for sale in the Branson, Mo area. Today’s post will be no different, as it is one of the most significant trends in the real estate market today. First time home buyers and buyers relocating to Branson have been scooping up this inventory at a ravenous pace, especially in a few choice subdivisions for... [Read more...]
Trading Up Will Be Expensive In The Future
Lately I’ve talked with a few bankers and mortgage brokers here in Branson, Mo and we’ve come to a basic conclusion: buyers should purchase as much house as they can afford now because when interest rates rise from their current all time lows the difference in payments for the same size home will be staggering. Since we’ve basically had falling interest rates for the last 25-30 years,... [Read more...]
What do you think of loudanner.com?
I’d like to take a minute to ask you, the reader and potential real estate buyer or seller, what you think of my site and the information I provide. Do you find the site helpful and informative, or dull and boring? Is there other information that you’d like to see me write about that I currently haven’t? How is the functionality and look — appealing and useful, ugly and clunky... [Read more...]
Best Buys on Branson Mo Homes May Be From Banks
Depending on how much national news you listen to about foreclosures, you may or may not have heard the term “shadow inventory”. For those of you who are unfamiliar with the term, shadow inventory is simply the supply of homes that banks keep off the market in order to avoid flooding the local housing inventory (basically they don’t want lower the prices because of unbalanced supply... [Read more...]
Siena at Branson Hills Is Shaping Up Nicely
While I was out and about on Sunday, I toured Siena at Branson Hills for the second time. A lot of progress has been made and the development is really coming together. The roads are in and a handful of models are nearing completion. List prices start in the mid $300s, which seems reasonable for an active adult community that sits right in the middle of the newest master planned community in... [Read more...]
Four Homes on Table Rock Lake For $499,000? Unbelievable deal!
I was just talking to an agent friend of mine about some good deals on the market right now. It appears there are some good ones, but we both agreed that MLS#332606 stands out (you know it’s a good deal when a realtor is blogging about a property that isn’t even their listing!). This property features four lakefront 3-bedroom cottages (2,000 sf apiece) with a 12 slip dock on 6.48... [Read more...]
The MLS is Great, But for Killer Deals Look Elsewhere
It’s not often that a real estate agent will publish a post about NOT looking for homes on the MLS, especially in Branson, Mo. However, if you are looking for that “deal of a lifetime”, there may be a better source for finding it — it’s called a knowledgeable Realtor. I don’t mean to sound trite, but it’s true. Many of the best deals are bank repos that... [Read more...]
How do 95% of agents market homes in Branson, Mo?
To be honest, they market homes like a BUNCH OF CLOWNS! Most real estate agents in Branson, Missouri practice a listing method that’s as old as the real estate profession itself. It’s called “Set it and forget it”, and it doesn’t exactly have a stellar track record. In fact, just throwing a listing on the MLS and forgetting about it is why many would-be sellers get... [Read more...]
