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 this price range: Savannah Place off Bee Creek Road, Highlands of Branson on T Highway, Country Club Heights on East 76, and Emory Creek Ranch Estates on 248 north of the Highroad. All of these subdivisions are in the Branson school district and have an average price that makes the mortgage payments similar to a rent payment. This similar monthly payment combined with USDA loans and other programs that don’t necessarily require large down payments has been a boon for home sellers in this price range.
If you are reading this and are serious about purchasing a home in this price range, pick up the phone and give me a call at (417) 337 – 1627. A home is too big of a purchase to be pigeonholed into buying a home in a picked-over market. And one last thing, when you do find a home that you like in this price range, make your best of offer as the competition is too great for this price range to dally around with too many offers and counteroffers.