Table Rock Lake Foreclosures / Short Sales

  1. 2 beds, 1 bath
    Home size: 768 sq ft
    Lot size: 14,374 sqft
    Year built: 1969
    Days on market: 5
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  2. 3 beds, 2 baths
    Home size: 1,256 sq ft
    Lot size: 16,552 sqft
    Year built: 1983
    Days on market: 6
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  3. 2 beds, 1 bath
    Home size: 980 sq ft
    Lot size: 14,374 sqft
    Year built: 1979
    Days on market: 34
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  4. 4 beds, 2 baths
    Home size: 998 sq ft
    Lot size: 1.80 ac
    Year built: 1978
    Days on market: 36
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  5. 3 beds, 3 baths
    Home size: 1,901 sq ft
    Lot size: 1.98 ac
    Year built: 2002
    Days on market: 47
    Broker reciprocity icon
  6. 3 beds, 4 baths
    Home size: 3,500 sq ft
    Lot size: 25,264 sqft
    Year built: 2002
    Days on market: 59
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  7. 3 beds, 2 baths
    Home size: 1,205 sq ft
    Lot size: 5.03 ac
    Year built: 2004
    Days on market: 85
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  8. 3 beds, 2 baths
    Home size: 1,205 sq ft
    Lot size: 34,412 sqft
    Year built: 2004
    Days on market: 85
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  9. 5 beds, 5 baths
    Home size: 7,000 sq ft
    Lot size: 28,314 sqft
    Year built: 1996
    Days on market: 215
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See all Table Rock Lake Foreclosures / Short Sales.
(all data current as of 11/21/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Branson Foreclosures

  1. 2 beds, 2 baths
    Home size: 1,225 sq ft
    Year built: 1985
    Days on market: 21
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  2. 3 beds, 2 baths
    Home size: 1,541 sq ft
    Lot size: 20,037 sqft
    Year built: 1925
    Days on market: 23
    Broker reciprocity icon
  3. 1 bed, 1 bath
    Home size: 403 sq ft
    Year built: 2007
    Days on market: 33
    Broker reciprocity icon
  4. 4 beds, 3 baths
    Home size: 2,185 sq ft
    Year built: 1992
    Days on market: 76
    Broker reciprocity icon
  5. 3 beds, 3 baths
    Home size: 2,831 sq ft
    Lot size: 3.79 ac
    Year built: 1998
    Days on market: 113
    Broker reciprocity icon
  6. 5 beds, 5 baths
    Home size: 7,000 sq ft
    Lot size: 28,314 sqft
    Year built: 1996
    Days on market: 215
    Broker reciprocity icon

See all Branson Foreclosures / Short Sales.
(all data current as of 11/21/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Table Rock Lake Condo Inventory Still High (and Growing)

As I’ve posted before, the Table Rock Lake condo market is currently oversupplied and the fundamentals are not improving with the announcement of new units ready to hit the market in the coming months of early 2010. I read yesterday in the Springfield business journal that Point 7 (across the Kimberling bridge on Point 7 road), which is half sold out of their first 20 unit building, has started on another 24 unit building to be finished in the new year. Closer to Branson on Indian Point, Treehouse Condos are nearing completion on their newest building, a 30 unit structure billed as being very energy efficient. The units will have a spectacular view at Treehouse, but will anyone buy them?

While one would think this supply would work in tandem with the lack of demand to pull prices down significantly, that has not necessarily been true heretofore during this time of economic difficulty. I don’t know if it is because of financially strong builders or the unwillingness of sellers to take a loss, but something will have to give sooner or later.

Especially when compared to harder hit sun belt markets like South Florida or Phoenix, the deals really aren’t all that great yet. Resets of 20% or so in this climate are not exactly steals, and I haven’t heard of many transactions that would change my opinion. In fact, the churn in the Table Rock Lake real estate market in general, and in the Table Rock Lake condo market more specifically has been meager. Just not that much inventory is selling. Maybe 2010 will bring change, or provide a better entry point for those who’ve always wanted a lake place but had been priced out of the market.

More condo developments in trouble?

As I was trolling the internet for info on a certain condo development, I happen upon the quarterly report of a Springfield based regional bank. Since I had used keywords that had nothing to do with the bank in my google search, curiosity got the best of me and I had to figure out why it came up in the results. Google was spot on, as deep in the document it was noted that at least one condo development in the area who’s $9.2 loan is held by this specific bank is indeed in risk of being foreclosed upon. Using what I know about that bank and what condos are currently being built around the Tri Lakes area, there’s a very good chance that there could be some price-reduced inventory on Table Rock Lake condos in the near future (especially on Indian Point). Just a heads up for those of you who would like to snag a lakefront condo on the cheap. Let me know if you would like more info on this topic. 417.337.1627