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Finally! Market Improves

October 7th, 2016 2:15 PM by Rob Robbins

We have finally turned the corner and are having fun again. The Branson area market under $200,000 is pretty good for a home well maintained. The bargains are going away and a more secure market is building. We are seeing appreciation in this part of our market. A few more new homes being built but still you can purchase a home for less than it costs to build if you are not too picky.

The market over $200,000 to $300,000 is getting better but has plenty of inventory to put pressure on that price range. There are some bargains.

Over $300,000 is still tough going and a seller gets lucky once and awhile. Way to much inventory up to $600,000. Bargains are there with the seller that needs it sold. It is going to take a while for this range.

Condos are moving with a reasonable inventory since many sellers have taken them off the market. A good future here with local banks getting creative with long term fixed rate in- house loans. We needed that to get this market going.

A growing market with limited supply is nightly rental homes or condos built like a home with 4, 5 and 6 bedrooms. Returns are good and there is no end in sight for this changing any time soon. Our biggest challenge is finding properties approved by governing authorities.

Residential homes for rent are hard to find and makes room for some investors that like real estate.

Commercial leases are picking up and some commercial properties changing hands. We still have some work to do on this market.

Things are looking up!

Posted in:General
Posted by Rob Robbins on October 7th, 2016 2:15 PM



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