August 31st, 2009 5:40 PM by Rob Robbins
The market here has really improved. Any type of distressed property is attracting a lot of activity and many offers. We are having bidding wars on homes that are foreclosures or short sales. Many are selling at asking price.
We are also seeing more activity on retail market homes considered a good value. If a sellers home is not being shown now, it is considered to be priced too high.
By the end of July we had sold more volume ytd than we sold all last year. It is taking more sales due to the price of properties, but with the increase in active buyers we are going strong. I expect September to be even better.
The exciting news is properties are starting to sell in other markets across the US which is going to allow the folks, that have been wanting to move here for a couple of years, to finally get their home sold. Many of these buyers are not looking for cheap property, they are looking for quality at a good value.
I will keep you updated as we work our way through this market.
Our inventory of homes is dropping. If you were considering putting your home on the market in the Branson area - please give us a call. We are looking for homes in the $100,000 to $250,000 price range.
The $ 8000. tax credit for home buyers is ending November 30th.
Rob
