Legislation Affects Home and Business Value

July 19th, 2010

LegislationWhile it might seem like a good idea to shave a couple points off the purchase price, a dyi method of real estate purchasing could have a substantial impact on property value in the not-so-distant future.
The Branson Tri-Lakes board has hundreds of geo-political entities with houses and businesses on the market and understanding the impact on property values is something our agents spend time studying. It’s a constant education process of which experience is key.
Stone County for instance has a ballot initiative allowing citizens to choose whether they want a full time planning and zoning board. On one hand long term growth, safety concerns and “neighbor” ordinances can help increase value. On the other hand the business you might purchase property for could be held up in a legislative cycle that could prolong, raise expenses or make opening a business impossible.
In Taney County, Branson has been pushing legislation that requires a $250 fine for cutting down a tree. Doing so without permission is a misdemeanor and though you probably won’t go to jail it’s good to know that the cost per uncleared acre could amount to a $2,000 fee.
Buying that new house or new business is often the culmination of dreams. Without consulting a broker or real estate agent at 76realty.com these dreams can quickly become nightmares. Our firm consists of not only real estate but business professionals too. Call one of our agents today to hit the ground running before you learn firsthand what invasion of property rights feels like first hand.

Average home price down 8.6% from June 2009 to June 2010

July 16th, 2010

From the month of June, 2090, the average sale price of homes sold in the Tri-lakes Branson area dropped from $176,000 to $162,000, a drop of 8.6% year over year.  Over the same time period, average days on the market increased from 135 days to 152 days, an increase of 12.6%.  Average days on the market of about five months in the Tri-lakes area tells an important story about the condition of the market.  It’s near the bottom.  It is still a buyer’s market. Home prices are comparable to prices of 5-10 years ago.

We all know the numbers have not improved over the last year, but these put the actual conditions in perspective.  We have seen fantastic values in the home foreclosure market, including lake front condos well below $100,000, a price barrier that was pretty strong until the last year of steady declines.  The double dip recession has affected the Table Rock Lake area as well as most other areas around the country.  With the banks continuing to tighten their lending practices, most buyers are investors, creating a floor that prices will not go below.

Investors earning less than 1% on the CD’s, stock market, and savings accounts are moving their money from these poor investments to rental property because they can earn 7-20% on their rental properties.  Money goes where returns flow.  These lower home prices will continue to pull more investor dollars fueling a rebound in real estate.

Branson Area Land Prices Drop

July 12th, 2010

Branson LandThey aren’t making anymore of it but the prices have dropped significantly.

The price adjustments in the Branson Real Estate market haven’t been as drastic as other regions in the nation but land parcel inventory has taken an upward turn.

Currently there are 2,390 individual lots of land on the market in the Branson area. Though this number represents a wide range of sizes, shapes and prices the number of listings has risen rapidly.

Planned developments and a massive increase in infrastructure matched with low building costs have put investment opportunities for land on par with foreclosure costs.

Some planned developments are showing cost reductions at 40% below what they were just a few years ago.

If you’re interested in exploring this unique opportunity call 417-538-1323 to contact a real estate expert today.

Branson Area’s Best Real Estate Search Technology

July 5th, 2010

Branson Real Estate Search With Offender DatabaseNearly five years ago, entrepreneuer and http://76realty.com owner/broker Mike Cooper commissioned me to lead the web development project that you’re looking at now.

Cooper’s intention was to bring best of breed technology to the consumer. At the time Geographic Information Systems (GIS) web integration was in its infancy.

It was clear that integrating geo-location data into web applications promised Internet users would have greater access to real world data.

The project involved a team of local and overseas participants. It required the work of web developers, engineers and business professionals.

Since the project’s conception much has changed. Both Google, Yahoo and a host of web companies have invested millions of dollars into developing real estate technology.

And though seemingly hundreds of companies have now integrated mapping into their display of Multi-List-Service (MLS) data, few made new contributions to the way real estate is displayed on the Internet.

A few months ago, 76Realty.com broker Mike Cooper asked for my assistance to revamp and assist in marketing the website we created together many years ago.

As the website was ported to new servers and a new engineering team was deployed to create a new site - we discovered something. The 76realty.com website remained best of breed. After a month working with a team in California (we choose to employ domestic engineering talent this time) we realized that most of the hard work had already been accomplished.

Our competitors never advanced the offering, in fact, our competitors never really caught up. We decided to stop the project and help our customers understand the tools and give them an opportunity to make requests before we move to the next phase of developing best of breed tools for our customers.

Over the next few weeks, we’ll be discussing and demonstrating our unique custom search technology. While most companies now provide access to the MLS listings, there aren’t any companies in the area that integrate data not found in the standard listings.

We’re still the only company in the Branson Real Estate market that offers the offender database overlay with real estate listings. This may be unpopular to some, but, we believe that an informed buyer is a satisfied buyer.

We’ll be tracking segments of the real estate market and evaluate market trends. Feel free to contact us with concerns or information you think is valuable as you navigate the real estate market.

There are unique properties and tools on this website that aren’t available anywhere else online. In fact, we have listings that aren’t in the MLS and aren’t available anywhere else on the web.

We have services available on this website that other real estate brokers and agents use to evaluate and understand the market.

Whether you’re planning on buying now or just want to see whats on the market, We’re here to help by web or phone. All feedback is appreciated, 76realty.com is the Branson Area Real Estate investors choice and we want to keep it that way

Oil Leak Tragedy Drives Economy Forward in Branson Area

July 5th, 2010

America is suffering the worst ecological disaster in its history as we are being held hostage by a foreign multinational corporation, British Petroleum.  From the very beginning, BP has fed the American people one lie after another beginning with the estimate of 1,000 barrels per day of oil being leaked from the well.  Then, after about a month and dozens of experts contradicting them, they accepted a new estimate of 5,000 barrels per day.  The truth is still not available because this lying, deceitful company still refuses to even let companies use the equipment to properly measure the leak.  However, we know now that the number of barrels leaking into our precious Gulf is 100,000-200,000 barrels per day.  By their inaction to seal the gushing oil well, the US Government is an accessory to this tragedy.

As the Gulf States become more poisoned and the economy collapses in Louisiana, Mississippi, Alabama and Florida, people are moving to and vacationing in the Branson area.  We have received numerous inquiries from people who were planning to vacation in the Gulf, but now are coming to Branson instead.  Many people are moving to Branson and making plans to move to Branson.  We are seeing empirical evidence that there is beginning to be a mass migration north from the Gulf States, including especially to Branson which has similar entertainment roots as New Orleans and other beach cities.

This is a horrific event and we pray for the people in the Gulf who have lost their livelihoods.  We welcome them with open arms and will do anything possible to ease their suffering and make their transition as smooth as possible.

William Woods University To Open Branson MO Location

March 17th, 2010

university.jpgWilliam Woods University, which has been offering degree programs for working adults in the Branson area since 2002, is setting up shop in the entertainment capital of Missouri.

The University is pleased to open for business on March 29th at the Grand Vista Center, 3027 W. 76 Country Blvd.  The Branson/Lakes Area Chamber of Commerce will be conducting a ribbon-cutting ceremony for the new site, at 1 p.m.  Our hope is that Williams Wood University will become a valued member of the Branson community.

 76Realty.com for all your residential/commercial real estate needs. Serving Branson, Branson West, Kirbyville, Forsyth, Blue Eye, Lampe, Nixa, Cape Fair, and the greater Branson area.

Silver Dollar City Celebrates 50 Years In 2010, Season Opening March 18

March 16th, 2010

In celebration of Silver Dollar City’s 50th Birthday, they’ve got a special gift for you!  If you’re celebrating a 50th birthday or 50th wedding anniversary in 2010, then your river-blast.pngadmission is FREE all season long!  Get ready for the biggest birthday party ever!  Help them celebrate this special season sure to be fun and full of surprises.

New for 2010, River Blast - America’s Biggest Water Battle! Tom and Huck have braved the mighty Mississippi and found their way to Silver Dollar City just in time for their 50th celebration.

76Realty.com the place to come if you have any real estate needs.  Commercial/Residential, they can assist you.  Give them a call.

Branson Job Fair Saturday At Branson Convention Center Branson MO

March 4th, 2010

career.jpgThe 18th Annual MEC Job Fair takes place Saturday at the Branson Convention Center. If you are planning to attend you should be prepared for anything an employer might need. With so much competition you should be prepared with a resume, professional appearance, turn off your cell phone and leave your children in the care of someone else. If you need help with your resume you can go to the Missouri Career Center at 2720 Shepherd of the Hills Expressway in Branson.

downtown.jpgThe Downtown Branson Mainstreet Association has a new director and a renewed vision for downtown Branson. The first big event for 2010 is the annual Plumb Nellie Days arts and crafts festival slated for May 21st-23rd in downtown Branson. Make plans to attend.

76Realty.com is the realtor to call for all your real estate needs. Residential or Commercial they can help you out. Serving Branson, Branson West, Hollister, Nixa, Kimberling City, Blue Eye, Cape Fair, Kirbyville, Forsyth, and the surrounding area. Give them a call.

FLW Fishing Tournament Stops At Table Rock Lake Branson MO

March 3rd, 2010

fishing.jpgThe FLW fishing tour started today and runs through Saturday. As many as 300 top bass anglers are competing this week for cash awards, and points toward this year’s Forrest Wood Cup, the world championship of bass fishing. This one will be an endurance contest against the cold. With air temperatures in the tournament.jpgin the 30’s most of the day and water tempatures hovering at the 40-degree mark. If you like fishing, come and hear what pros Greg Bohannan, David Walker, Dan Morehead, Scott Suggs, Mike Surman and Chad Morgenthaler have to say.

76Realty.com is the place to call for all you real estate needs. Serving Branson, Branson West, Kirbyville, Forsyth, Blue Eye, Lampe, Nixa, Cape Fair, and the greater Branson area. If you are in the market for a new home give them a call.

Tornado Drill March 9th In Taney County And Across The State Of Missouri

March 2nd, 2010

berndt.jpgMarch signals the start of tornado season in Missouri, with a state-wide tornado drill planned for next week. Taney County Emergency Management Director Chris Berndt told county commisioners on Monday. The statewide drill takes place next Tuesday, March 9th at 1:30 pm to test warning and alert systems across the county. Berndt also asks citizens to consider safe shelter locations - there are no public tornado shelters.

During the month of February, the Christian Action Ministries food pantry ministered to the needs of 605 families. Year-to-date, the pantry has served 46% more than last year at this time, a total of 1,378 individuals. Burke urges everyone in the community to consider cash andcam.jpg food donations to help CAM fulfill its mission of service to those in crisis. They could also use volunteers willing to help out with their time in the pantry, making food pickups in the community, and other tasks. Give
CAM a call at 417-334-1157 if you can help.

Call 76Realty.com for all your signage needs, serving the greater Tri-Lakes area.

 

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