Real Estate Lake of the Ozarks

Liniger: 'New Households Signal Upswing' In a recent blog post, Dave Liniger points to good news in the media regarding household formation and its positive impact on housing. The RE/MAX Chairman and Co-Founder references a recent Bloomberg news article that discusses how household formation -- one of the main drivers of any house market -- is on a "major upswing." Here's an excerpt from his post: The story, "New Households Form at Fastest Rate Since '07 in Resurgent U.S," reports that more and more young people are moving out of their parents' homes and are either buying or renting their own. That's a significant change from the past few years, when household formation dropped to alarmingly low levels. Experts cited in the article predict that between 750,000 and 1 million new households will be created this year. For comparison, only 357,000 were formed in the 12-month period from March 2009 to March 2010. The annual average over the past 1...

RISMEDIA, October 21, 2010—Lately, you've been thinking a lot about investing strategies. You have a small nest egg that needs to grow, but frankly you don't trust the stock market. (If you're like many investors, your 401(k) hasn't fared well in recent years.) And while real estate has been somewhat of a rocky road in recent years, it's still a solid long-term investment strategy—and clearly we're in a buyer's market. But you aren't really interested in being a landlord. What to do? Christine Karpinski has a suggestion: Purchase a vacation home and rent it out to travelers. "Vacation homes are almost always a good investment," says Karpinski, director of Owner Community for HomeAway—te the world's leading vacation rental marketplace—and author of How to Rent Vacation Properties by Owner, 2nd Edition: The Complete Guide to Buy, Manage, Furnish, Rent, Maintain and Advertise Your Vacation Rental Investment (Kinney Pollack Press, 2007, ISBN: 0...

For Immediate Release Tuesday, August 31, 2010 Court Win is Victory for Voters: Missourians Will Have Opportunity to Vote "YES" to Stop Double Taxation Media Contact: Attorney Chuck Hatfield Office: 573-636-6827 573-636-6827 E-Mail: chatfield@stinson.com (Jefferson City, Mo.) – In a court victory for the rights of voters, Missourians will have an opportunity this fall to Vote "YES" to Stop Double Taxation. Cole County Circuit Judge Paul Wilson ruled Tuesday that the proposed state constitutional amendment barring transfer taxes on real estate received enough petition signatures from registered voters to appear on the Nov. 2 ballot. "There is no dispute that enough registered voters signed the initiative. The Vote 'YES' To Stop Double Taxation Committee showed conclusively in court that thousands of valid voter signatures were incorrectly thrown out by election authorities. We stood up for the rights of these voters to be counted, and the court has suppo...

It's that time of year again, and for Lake of the Ozarks the Shootout is just about as good as Christmas! Fran Campbell Team wishes to welcome all of the Shootout Fans and wants you to enjoy your weekend with us. If you haven't already, click HERE for the most up to date schedule of events. If you are coming to watch the races, here a few tips to keep you having a great time and safe! *The two-mile bluff-shaded stretch of the Lake that makes up the Shootout course will be designated with a racing channel, a buffer zone and a viewing area, with a local traffic channel along the shore. But note, none of these areas are very wide. *If you're really interested in the racing, watch how they start. Last year, the course had a slow start. This year it's going to be faster. That is telling of the ultimate finish time. *Also, get out and look at the boats up close. The boats will be parked at Captain Ron's and most of the drivers relish showing off their high-powered watercr...

My House is Worth What? August 19th, 2010 — Categories: Selling a home http://www.francampbellteam.com/ Weigh the options to find your home’s value Guessing the value of hand soap on a game show isn’t all that dicey, but throwing a random number on your “for sale” sign is risky if you’re trying to sell. Before you settle on a price, try one or more of these valuation methods: Automated Valuation Methods The Process: Automated valuation methods (AVMs) are online programs that use public home sale records, demographics and property characteristics to find your home’s value. You key in your home’s information, like the location, square footage and number of bedrooms and bathrooms, and the software returns with an estimated value. Pros: AVMs are quick and easy, and many are free. AVMs are a great way to watch trends in value, because they gather statistics from public records. Cons: “It’s just software, so if you have a home that’s next to the freeway, or if your neighbor painted his ho...

These are the "Good Old Days" that we will remember. Did you read that correctly? Yes. Although there is still high unemployment, dissatisfaction with elected officials at every level, and concern about global debt, these will be remembered as the "good old days" to purchase a home. The combination of historically low (and artificially maintained) mortgage interest rates, and the incredible price of most real estate, has never been seen before. We have had low interest rates before, but housing prices were high. We have had lower housing prices, but interest rates were above 10%. This is the only time we have had the "perfect combination." Lower interest rates give a buyer a type of instant equity in a home, even though the price of the house is lower than it had ever been before. Remember, when interest rates go up, you can buy less house (you qualify for a smaller loan amount). If you have any interest in moving up to a newer, or larger home, please don...

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