Branson Creek is Building Homes

I was out at The Communities at Branson Creek yesterday just checking out the master planned community for some clients and boy was I surprised with their recent building activity. They have around 10 homes currently being built and more to come as those get sold. McMillin Communities, based in California, is the new builder in charge of construction and they seem to be adding rooftops at am accelerated pace compared to past years at Branson Creek. I’ve heard 4 homes have been pre-sold, which is great news for the local residential building industry. If you would like more information about Branson Creek and their diverse house plans and offerings, please feel free to call me on my cell at (417) 337 – 1627 or drop me an email.

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 $300,000s, which seems reasonable for an active adult community that sits right in the middle of the newest master planned community in the area, Branson Hills.

The thing I like best about Branson Hills is the fact that it is  nearly all completed.  I know this might sound strange to out-of-area buyers, but so many developers promise the moon and the sky and simply don’t deliver.  With the Villas already complete, the RecPlex already open,  Eagle Bunker Condos finished, and the $30 million Payne Stewart Golf Club ready for play it is obvious that the developers of Branson Hills know how to plan, design, and complete large scale communities.

So if you are in the market for a low maintenance home in the newest area of Branson, with common sense protective covenants and a great architectural look, Siena at Branson Hills might just be the place for you!  Follow the link ( Branson Mo Homes for Sale — Siena at Branson Hills ) to one of home listings in Siena.

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9 Tips To Ready Your Home For Sale

When selling a home in a “buyer’s market”, you need your home to stand out. Since Branson is a very competitive market, the following 9 low-cost tips will help your home stand out:

1. Buy a new doormat
2. Put a fresh coating on your driveway (assuming its asphalt)
3. Clean your gutters
4. Edge the grass around your sidewalk and driveway
5. Put new doorknobs on your doors
6. Make sure toys and nicknacks are put away
7. Buy a new mailbox
8. Steam clean carpet
9. Finish honey-do lists that have been put off

If you would like more tips on getting your home ready for sale, give me a call at 417.337.1627 and we can discuss how to get top dollar for your home in a challenging market.

Branson, Missouri: A Two-Tiered Housing Market

A theme I have been seeing for the past few months is still going strong: Branson has a two tiered real estate market. Affordable homes for sale near Branson, Missouri (under $150,000) have been selling relatively well considering overall economic conditions, while homes over this mark have been selling at a much more sluggish pace. I would go as far as saying that it is a seller’s market under $150,000 (especially under $125,000), as renters with steady jobs and good credit can buy a home near Branson or Hollister for less than they currently pay in rent — taxes and insurance included. If you are in the market for a home in this price range, give me a call at 417.337.1627 and we can talk about what’s currently on the market here in Branson, Missouri.

Supply of Homes For Sale in Branson, Mo Under $135K Dwindles

Though the first time home buyer’s tax credit was extended until April 30, 2010, buyers in Branson, Missouri have been scooping up homes under $135,000 at a voracious pace. In the past few weeks I have seen multiple homes for sale in Branson have 2,3 and 4 offers at once. Builders stopped building in 2008 and the overhang inventory was largely soaked up in 2009 (specifically in this price range, not in the overall market). As 2010 gets underway, the homes for sale in Branson or Hollister are in high demand and short supply. If you are considering purchasing a home before the tax credit deadline, I suggest you do it soon. It has become a seller’s market in this price range.  Call 417.337.1627 if you would like buyer’s agency representation when purchasing one of the available homes in the area.

Though It Sounds Silly, Knock Before You Buy

Sometimes my clients look at me funny when, before they are about to make an offer on a house, I tell them to go knock on the neighbor’s doors and take a minute or two to get to know them. I advise them to do this, because like it or not, there is more to real estate than comps, days on market, interest rates, etc. There is also a HUMAN element to buying a home.

Most of you can probably relate to my reasoning as you have an ornery neighbor or two. Maybe the person’s door you knock on will give you an inside look at the neighborhood: does the guy across the street have really lake, loud parties every night of the week? Do he park a huge eyesore of a boat in his driveway in the warmer months? Does he seemingly forget to cut his grass for weeks at a time? These are real issues, ones that you can’t find the answer or even know to look for if you just go off first impressions. Just my two cents…especially when buying homes in Branson, Mo.

New Fall Creek Extension Finally Completed

Now that the City of Branson has opened the Fall Creek Extension from the Fall Creek Road / 76 junction to the Epps Road / Roark Valley Road, traffic flow in the area seems to be improved. Especially for homes on Fall Creek or down by Pointe Royale, this is exciting news — as they can now get to the north side of town in considerably less time. This should increase the pool of buyers that otherwise would not have been interested in driving the 20 minutes it used to take to get to the north side of town. Chalk it up as a win for Branson, Mo and area homeowners.

New Home Buyer Tax Credit Fueling Area Sales

While I generally like to make posts that include statistics to back up my assertions, I just had to opine that the area is abuzz with buyers looking to purchase their first homes, most of which are under the $135,000 range. In talking with other agents this morning, it is now very clear that this is by far the most active segment of the market. Though this assertion is purely anecdotal, we will get sales reports by the end of the month and I will write a follow up post to document the exact figures.

Fueling these sales are near no-money-down programs being sponsored by the USDA, FHA, and other governmental agencies. Buyers have been getting into homes with as little as 3% down, and have been having sellers cover closing costs (which can even include rolling outstanding credit card balances into the home loan, believe it or not!).

The majority of the buyers are young couples with steady employment that may have been priced out of the market a few years ago, but who now are in a great position as values fall and homes can be bought for under replacement value in some cases (meaning a builder could not construct the home for less than what buyers are buying them for). These deals cannot last forever, as supply and demand are getting much more closely aligned in the area, especially in the low $100,000 range — where there was not a huge run up in prices to begin with.

Already the amount of very desirable homes in this range has been drastically reduced as buyers closed before the old tax-credit deadline of November 30. Now that the first time home buyers tax credit has been extended to late next spring, there should be even more action in this range, which means buyers should take advantage now to get a great home at a good price — as many of the best homes will have been purchased by next spring.

If you would like more information about some of the great deals to be had for first time homebuyers, give me a ring at (417) 337 – 1627.

More Affordable Inventory Getting Ready to Hit The Market

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Just as Congress and President Obama decided to extend the first time home buyer’s tax credit, a few local builders and developers look poised to start building again.  A new subdivision in the middle of Branson (off Shepherd of the Hills Expressway) is now selling homes and it looks to be a great place to purchase an affordable home that’s still convenient to all that Branson has to offer.  Call 417.337.1627 if you would like more information about homes under $150,000 in Branson or about Audubon Place specifically.