Springfield Missouri Real Estate Update - April 2007 I continue to read about real estate throughout the country and how some of the markets are suffering, prices are dropping and the increase of bank repossessions are increasing.Through all the gloom and doom of the real estate market, sales in Springfield Missouri and surrounding areas still remain strong. Average sales for the Springfield Missouri real estate market still remain within 97% of the asking price. Below is a breakdown for April, 2007. Residential Homes for Sale - 3518Expired - 208New Listing for April - 1119Under Contract - 522Sold - 584 An additional breakdown for single family residential homes sold by price range:$0 - $100,000 - 179$100,001 - $200,000 - 324$200,001 - $300,000 - 54$300,001 - $400,000 - 18$400,001 - $500,000 - 5$500,000 & Up - 5January StatisticsFebruary StatisticsMarch Statistics Counties included in this survey include: Christian, Greene, Taney, Webster, and Stone. Information courtesy of Spring
Springfield Missouri Real Estate Update Springfield Missouri Real Estate Market Update - February 2007 February has been a very busy month for our team. Temperatures are starting to get warmer and buyers are beginning to purchase homes once more. Among the counties included in the Springfield Multiple Listing System are Greene, Christian, Taney, Stone, Webster and several others. Here are the statistics for the month of February for residential homes for these counties.Residential Homes for Sale - 3244Expired - 193New Listing for January - 898Under Contract - 413Sold - 392An additional breakdown for single family residential homes sold by price range:$0 - $100,000 - 104$100,001 - $200,000 - 210$200,001 - $300,000 - 47$300,001 - $400,000 - 25$400,001 - $500,00 - 6$500,000 & Up - 6Interest rates are still low for single family residential mortgages. Interested in finding out what your home is worth, call for a free home evaluation or visit my website at www.kayvankampen.com.Figures
Springfield Missouri Real Estate News Welcome to Greene and Christian County, Missouri!!The Springfield Multiple Listing System includes the following cities in and around Springfield: Republic, Nixa, Ozark, Rogersville, Highlandville, Spokane, Strafford, Clever, , Mansfield, Battlefield, Seymour, Fordland, Willard, Ava, Billings, Marionville and many more.Homes in Springfield and surrounding cities are still selling well. Statistics show:October 2005, in Christian County, 152 homes sold, average sold price of $153,534, with a market time of 58 days. In October 2006, 100 homes sold, average sold price of $177,382, with a market time of 69 days.In Greene County, in October 2005, 424 homes sold, average sold price of $140,330, with a market time of 48 days. In October 2006, 367 homes sold, average sold price of $131,565, with a market time of 54 days.The declines in prices served to underscore the severity of the correction in the once-booming housing market, which had seen sales
Springfield Missouri Real Estate News Welcome to Greene and Christian County, Missouri!!My real estate business has been sluggish the past few weeks. I read articles every day on how to cope in a slowing market. A few tips are: Reduce advertising spending, call past clients more frequently, get out in front of more people to meet the fewer buyers, and build a sphere of influence. Working on each of these goals on a daily basis may not seem successful, but it works. Here's a great article I received this week. Alan Greenspan was in the news a few weeks ago saying the current economic downturn was "likely temporary." Greenspan also noted the worst of the housing market slump is likely past us. During a Q&A session at the annual Charles Schwab Impact conference in Washington, DC Mr. Greenspan stated, "The economy is obviously going through a significant slowing period, which as best I can tell is more than Likely temporary. And while the housing market is not out of the woods ye
Common Closing Costs in Springfield Missouri?Read a great article from Neal Pender that made me compare closing fees to his in North Carolina.Every state, county and city has different closing costs that apply for buyers and sellers. In Springfield Missouri, for the seller, some will be fixed expenses while others depend on the selling price. Below, is a summary of the sellers most common closing fees.Closing Fee: In our market, typically the seller chooses where they close, usually with a local title company. The title search fee ranges from $150 to $200 depends on the type of closing. If there is a 1031 Tax Exchange, the closing fee might be higher.Repair Items: Contracts used by the local Springfield Missouri MLS, allow the buyer to conduct any inspections they choose at their own expense. The items found which are in need of immediate repair will typically be requested to be negotiated between buyer and seller. If wood destroying insects are found (especially termites), a
Springfield Missouri Ice Storm - 2007Mother Nature is in the process of pruning her trees! Since the ice storm over the weekend, I am spending several hours a day making sure all the unoccupied homes that we currently have on the market are winterized and ok.Yesterday, we actually showed a few homes, then worked thru each home, shutting off the water and gas, if the homes are out of electricity. Pulling limbs off the roofs and checking on some of the elderly people we know.Here are a few photos of Springfield Missouri that we photographed today. I am still without power at my own home, except for a Brand New Generator that came in today! Hopefully we'll be back to normal in about a week. Some of the residence think it will take several months to clean all the debris!On the bright side, we have been blessed with an abundance of help.
Springfield Missouri Real Estate - December 2006Springfield Missouri real estate was typical to the majority of markets across the county. Although the number of homes sold decreased, average days decreased and average sales price increased ... here is how the market compares to this time last year for the month of December. 1. Number of homes on the market....70872. Homes sold ... 473 3. Average sales price of those homes sold .... $147,4334. Average days on the market in the last six months...64LAST YEAR, SAME PERIOD... 1. Homes sold in December, 2005...6262. Average price of those homes sold ...$140,7493. Days on the market...65To take a look at the listings in my area visit: Kayvankampen.comFigures taken from the Springfield MLS Statistics Kay Van Kampen
Springfield Missouri Real Estate Market Update - January 2007The start of the Real Estate market this year has gotten off to a good start. With the weather playing havoc, showing homes was a little difficult - No! - Very difficult. Here is a breakdown of the market for January for single family residential homes in and around Springfield Mo.Residential Homes for Sale - 4409Expired - 416New Listing for January - 639Under Contract - 493Sold - 378An additional breakdown for single family residential homes sold by price range:$0 - $100,000 - 102$100,001 - $200,000 - 192$200,001 - $300,000 - 49$300,001 - $400,000 - 18$400,001 - $500,00 - 10$500,000 & Up - 7Interest rates are still low for single family residential mortgages. Interested in finding out what your home is worth, call for a free home evaluation or visit my website at www.kayvankampen.com.Figures courtesy of Greater Springfield MLS
