A Lake for All Seasons

August 6, 2014

While the lake is busiest in the summer, it is a great place to live in all seasons! It features some of the mildest weather in all of the mid-west!

Of course, the lake allows boating, swimming, and fishing until ones heart is content. On the other hand, many casual waterfront restaurants now have beaches, swimming pools, and waterslides!
The Lake of the Ozarks is home to some of the country’s premier golf courses. With over a dozen courses in the area, there are lots of challenging, scenic private and public courses to suit all skill levels. Whether you are a beginner or a seasonal pro, the lake is the place to play virtually any time of the year.

The Lake of the Ozarks is home to the biggest outlet mall in the state of Missouri, with over 100 famous brand name stores. The state park is also the largest one in the state. After a day of shopping or sightseeing, there are 5 wineries, and a micro-brewery with tasting rooms, located around the lake area.
With plenty of things to do and see throughout the year, why wait any longer to start your search for lake property. Now is the best time, interest rates are still near record lows, and property prices are on the edge of increasing. Come down now and check out the new homes and condo’s on the market.

Strong support systems are in place at the Lake ready to handle the growth to come

July 30, 2014

Lake Regional Health System is the largest employer at Lake of the Ozarks. The local hospital employs over 1,100 employees, providing vital economic stimulus to the region. Whether treating full-time residents or seasonal visitors, Lake Regional offers quality medical care. Specialties include cardiology, cardio-thoracic/vascular surgery, gastroenterology, medical and radiation oncology, occupational medicine, ophthalmology, orthopedics, pulmonology and rheumatology. The health system also includes eight freestanding primary care clinics, 18 specialty clinics, two urgent care clinics, four satellite physical and cardiac rehab therapy sites, three retail pharmacies and home health services.

The two main primary and secondary school systems in the lake area are R-II and R-III accredited districts with an enrollment of approximately 6,000 students combined. Both School of the Osage and Camdenton have received numerous local, state, and national awards of distinction for the achievements of their students, and faculty. Camdenton also offers a Technical Center for high school students and adults wanting to learn certain skills or earn certifications. There are two college campuses at the lake. State Fair Community College offers various Associate degrees, and Bachelor degrees through their partnership with Central Methodist University, at the same campus. Columbia College has Associate and Bachelor degrees, as well as offers online courses.

With top notch jobs, schools, and healthcare, coupled with the beautiful lake and its multitude of recreational activities, why wait any longer to begin your search? Contact us and let us know what your priorities are in making Lake of the Ozarks your home.

Multiple Offers: A Definite Sign the Lake Market is Making a Big Comeback!

July 16, 2014

These two words create great potential for a seller – a chance to get the highest and best terms for their property! On the other hand, a missed opportunity for one of the buyers presenting an offer. From 2009 to 2012 we saw very few multiple offer situations, in 2013 that began to pick up. This year we have averaged over 6 multiple offers each month at RE/MAX Lake of the Ozarks, and expect to see a lot more as the buying season heats up. This is an indicator that a lot more buyers are getting off the sidelines and making offers, presumably while interest rates are still low and inventory is improving. As the lake market continues to improve, we see the best priced properties with the most sought out features, not spending very many days on the market before they receive an offer, or two! If you are considering purchasing property at the lake, don’t hesitate to contact us and find your perfect lake property soon before supply and demand impacts values.

The Lake’s Housing Rebound has Seen More Pocket Listings

July 2, 2014

As most buyers and sellers know, the most typical and successful place to list a property is in the local MLS (multiple listing service), a database available to agents and now these services syndicate listings to popular online web sites such as Trulia and Zillow. This gives anyone in the world a chance to browse photos of homes before they view them in person with their real estate agents. At one time pocket listings were more prevalent among luxury homeowners, but now that the Internet has created an open marketplace, sellers in many price ranges like to keep their property out of the public. They feel more confident with buyers they know that are already working with an agent and have been pre-qualified or are serious about purchasing, before viewing their home. Another reason we see more pocket listings here at Lake of the Ozarks is because it is a second-home destination. Many times the sellers are vacationing and don’t want the burden of showings, unless they know it is serious buyer. We have photos and details of our pocket listings, and generally contact our clients that we feel would make a good fit. If there is something specific you are looking for, please make sure we know your criteria. Many times these listings are available to us and new ones come on often. Schedule a time to meet or call us today to discuss, the lake market is very active this year! Now is the perfect time to buy.

Take Advantage of Low Interest Rates Today! Waiting Can Cost You Money…

June 18, 2014

Interest rates on home loans are still hovering near record lows, but as the economy and housing market continue to improve, home buyers should expect to see interest rates tick up, which can have a big impact on buying power. Home and Condo values have not changed substantially since the low point in 2010. An interest rate increase could raise the price of the loan significantly each month or tens of thousands over the term of the loan, being all other factors are the same.

Consider this example: A $500,000 home with a 20% down payment and a 30-year fixed mortgage at 4.13% will cost about $2,481 a month including taxes, interest and insurance. Over 30 years, once the house is paid off, it will have cost $893,315. Under that same scenario, but with a 5% interest rate, that house will cost $2,688.95 a month including taxes and interest, more than $200 per month more. Over the life of the loan, the home owner would have ended up paying $968,000, almost $75,000 more.

So if you know the lake is where you want to retire, or you want to move up, start planning now! We can search properties through our local MLS for the entire lake area, as well as have several listings available to our team that are not currently listed. Please let us know what criteria you are looking for, and schedule a time to come and view some properties soon!

2013 Lake Market Trends:

February 10, 2014

1. 2416 Total Sales, an Increase of 12% Over 2012
2. Sales Volume Increased 19% Over 2012
3. Waterfront Home Sales Are Up 14% in Volume Over 2012
4. Residential Foreclosure Sales Trends: 2011=24%, 2012=19%, 2013=17%
5. Average Prices Are Starting to Increase and Inventory is Still Declining

2013 was an interesting year in Real Estate at the Lake

February 6, 2014

Buyers reflected a new level of confidence in real estate that we had
not seen in several years. Commercial activity increased substantially and condominium sales were solid, with almost an identical number of sales and volume as in 2012. Existing inventory continues to decline and properly priced listings experienced higher negotiated list to sell ratios on average than the previous year. We are optimistic about 2014!

Bed Bath & Beyond Coming to the Lake!

January 20, 2014

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Bed Bath & Beyond will be opening in the upcoming months in Lakeview Pointe Shopping Center in Osage Beach.  The national home goods store will be joining Dick’s Sporting Goods and Dierbergs Market across from the outlet mall. What a great retailer for Lake of the Ozarks to have, for its excellent variety of housewares and decor.  The affordable prices will appeal to both full time homeowners and second homeowners alike!

BRAND NEW CONSTRUCTION

January 14, 2014

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Awesome home in Kahala Estates in an ideal location by land & water. Large lakefront community pool, central water/sewer, paved street, kiddie land, street lights & lakeside firepit. Main level living w/fireplace, large kitchen w/granite, master bed & bath, tiled shower & jetted tub. Second suite downstairs, wet bar, storage, 2 laundry areas, great decks! Plenty of room for large dock.  For price & virtual tour: www.KrantzProperties.com/3095154&s=lhc

Luxury Home Market at Lake of the Ozarks

January 12, 2014

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At Krantz & Associates, we understand some of the reasons you hire us is for our marketing and knowledge of the luxury home market.  This is why we hold the Certified Luxury Home Marketing Specialist® (CLHMS) Designation.  Watch for the Certified Luxury Home Marketing Specialist® (CLHMS) designation and logo.  This certification is an indicator of competency which signifies that the agent is a member in good standing of The Institute, has met education requirements, and has documented experience in the top 10% of their market.


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