Springfield Real Estate Chatter

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621 Althea, Nixa Mo - The Springs Subdivision - Short Sale

Price reduced on this wonderful finished walkout basement home.  Open floor plan, two kitchens, 3 living areas, fenced back yard, covered deck, and priced at $170,000.  Check It Out!

 621 Althea, NixaKitchen View

 

 

 

 

 

Although this home is no longer available for sale, see my website for more great homes in The Springs for sale. 

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Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

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RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
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Springfield Mo Real Estate - January 2009

The Springfield Mo real estate market is over for 2008.  Across the country, prices have dropped, foreclosures have increased and short sales have become one of the best ways to market your home.

I received an email recently from a Springfield resident requesting I continue with updates on the Springfield Residential market.  (Careful of what you write about......you never know who's watching!  LOL!

Rumor has it that the market is very slow, Springfield homes are not selling and the market reports are depressing.  But that's for those consumers that are not willing to readjust their prices to refect today's market.

 So far this year, 4,795 homes were on the market in January, 2009.  1,175 new listings were introduced to the market and 279 sold.  Remember, this is only 5% (FIVE PERCENT) of what is available for sale.  This is one of the lowest months I've seen in years.  But, this is also January.  The market will pick up soon.

January

2009

2008

Number of homes currently on the market:

4,795

5,450

Average Active List Price:

?

?

New listings on the market in January:

1,175

1,591

New listing average list price:

178,629

179,928

Number of homes closing escrow (sold):

279

340

Average Sold Price:

138,010

158,903

Average Days on Market:

77

84

 

 

 

 Figures courtesy of Springfield MLS

 Springfield Missouri Real Estate - December 2008

Springfield Missouri Real Estate - November 2008

Springfield Missouri Real Estate - October 2008 

Springfield Missouri Real Estate - September 2008

Springfield Missouri Real Estate - July 2008

Springfield Mo Real Estate - June 2008

Springfield Missouri Real Estate - May 2008

Springfield Missouri Real Estate - April 2008

Springfield Missouri Real Estate - March 2008

Springfield Missouri Real Estate - January 2008 

Certified Distressed Property Expert

 

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Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Mo Real Estate - 2008 Recap

 Springfield Missouri real estate has ended and we're now in the ending quarter of 2009.  Looking back for the past 4 years, here's a recap of the real estate market.

2008 ended with 16,331 residental homes listed on the market, with 6,082 homes selling.  Think of it this way: that's only 37% of the homes that actually sold.  The other homeowners (63%) were not fortunate enough to be able to relocate.

In 2007 40% of the homes listed, sold.  In 2006, almost 50% home homes listed, sold, and in 2005 59% sold.

Average sold prices now average the same as homes sold in 2005.

What does all this mean to the average Springfield residential seller?  If you want to sell your home in 2009, you must be the best home on the market, it the best condition, at the best price. 

RESIDENTIAL

New Listings

Avg. List Price

Sold Listings

Avg. Sold Price

2005

15,049

$149,362

8,808

$139,558z

2006

17,214

$173,397

8,563

$142,176

2007

18,592

$181,657

7,438

$147,796

2008

16,331

$176,522

6,082

$139,233

Figures courtesy of Springfield MLS

 

 Springfield Missouri Real Estate - December 2008

Springfield Missouri Real Estate - November 2008

Springfield Missouri Real Estate - October 2008 

Springfield Missouri Real Estate - September 2008

Springfield Missouri Real Estate - July 2008

Springfield Mo Real Estate - June 2008

Springfield Missouri Real Estate - May 2008

Springfield Missouri Real Estate - April 2008

Springfield Missouri Real Estate - March 2008

Springfield Missouri Real Estate - January 2008 

 

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Yearly Summary - Springfield Mo Real Estate - November 2008

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Date Current Listings New Listings Listed Average Units Sold Sold Average Average DOM
             
Nov 2008            
Oct 2008 5990 1,267 174,910 457 135,757 77
Sep 2008 5683 1,318 175,275 498 136,825 76
Aug 2008 5864 1,269 177,437 585 140,093 71
July 2008 6020 1,528 180,354 613 143,304 70
June 2008 6085 1,657 185,848 619 139,460 71
May 2008 6043 1,627 182,841 690 141,301 73
Apr 2008 5821 1,740 185,367 546 135,938 76
Mar 2008 5645 1,454 180,224 486 143,048 78
Feb 2008 5469 1,233 181,87 430 144,609 77
Jan 2008 5450 1,591 179,928 340 158,903 78
Dec-07 5395 876 169,782 446 138,128 79
             
Totals:   15,560 174,855 5,710 141,579 75
             

*Statistics courtesy Greater Springfield MLSRe/Max Footer 

Kay Van Kampen Team - Re/Max         

 

 Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Missouri Real Estate - November 2008

Springfield Mo Real estate - November 2008

 Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.

We're now winding down the year for real estate in Springfield Missouri.  With the news of bad markets across the country, our market has been affected too.  However, we have not seen prices drop as drastic.

This past week, interest rates for conventional financing dropped to 5.25%.  Lenders are seeing a lot of refinances and first time home buyers are beginning to look once more.

According to the Springfield MLS, 2307 Springfield Missouri Real Estate agents work in Springfield and surround areas, a decrease from 2535 in 2007. 

 The majority of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Less than 10% paid cash.  We continue to have great buys and wonderful homes for sale. 

Statistics for the end of October for Springfield MLS:  

November

2008

2007

Number of homes currently on the market:

5,477

5990

Average Active List Price:

?

?

New listings on the market in October:

1,267

1,578

New listing average list price:

174,910

181,789

Number of homes closing escrow (sold):

457

571

Average Sold Price:

135,757

139,649

Average Days on Market:

77

72

 

 

 

  Springfield Missouri Real Estate - October 2008 

Springfield Missouri Real Estate - September 2008

Springfield Missouri Real Estate - July 2008

Springfield Mo Real Estate - June 2008

Springfield Missouri Real Estate - May 2008

Springfield Missouri Real Estate - April 2008

Springfield Missouri Real Estate - March 2008

Springfield Missouri Real Estate - January 2008   

* Figures courtesy of MLS of Springfield.  Average active list price is unavailable.

 

Kay Van Kampen Team - Re/Max        

 

 

 Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

 

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

How NOT To Buy A Home - Springfield Mo Real Estate

Breaking News! Homebuyers Are Making Their Payments and Still Losing Their Homes

The Springfield Newsleader had breaking news today about a company in Springfield that are selling homes contract for deed, collecting the rents from the buyers and failing to forward the funds on to the investor/owners.

A Contract for deed allow a buyer to purchase a home by borrowing from the seller instead of the bank.  With this type of transaction, the seller retains the title until the loan is paid in full by the buyer.  This is a very risky way to purchase a home, especially if the buyer knows the payment is not being made directly to the bank holding the mortgage.

Many buyers, purchasing homes contract for deed, never have an appraisal or have their home inspected for material defects.  Read more

These companies have added approximately 200 foreclosures into an already saturated market.

Kay Van Kampen Team - Re/Max

  Subscribe To My Blog

 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Mo Real Estate - October 2008

Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.

 The Springfield Missouri Real Estate market is slowly re-adjusting with the month of September closing 498 homes.

2360 Springfield Missouri Real Estate agents continue to work in Springfield and surrounding areas, a decrease from 2007 .

 Forty-nine percent of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Fifteen percent paid cash. 

Statistics for the end of September for Springfield MLS:

September

2008

2007

Number of homes currently on the market:

5,683

 

Average Active List Price:

198,642

 

New listings on the market in September:

1,318

1,453

New listing average list price:

175,275

185,084

Number of homes closing escrow (sold):

498

504

Average Sold Price:

136,825

141,093

Average Days on Market:

76

65

 

 

 

 

 

 

 

 

 

 

 Springfield Missouri Real Estate - September 2008

Springfield Missouri Real Estate - July 2008

Springfield Mo Real Estate - June 2008

Springfield Missouri Real Estate - May 2008

Springfield Missouri Real Estate - April 2008

Springfield Missouri Real Estate - March 2008

Springfield Missouri Real Estate - January 2008

* Figures courtesy of MLS of Springfield.  Number of homes currently on the market and average active list price is unavailable.

Kay Van Kampen Team - Re/Max

Subscribe To My Blog

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Missouri Real Estate - September 2008

Springfield Mo Real estate - September 2008 

Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.

 The Springfield Missouri Real Estate market icontinues to re-adjust with the month of August closing 585 homes.  Through the gloom and doom of today's economic crisis, our area surrounding Springfield continues remain stable.  Sellers are realizing in order to sell their homes, prices must adjust down.  Home values are not dropping compared to other areas of the country, but they do continue to drop.

2407 Springfield Missouri Real Estate agents continue to work in Springfield and surrounding areas, a decrease from 2007 .

 The majority of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Less than 10% paid cash.  First time home buyers are still able to purchase using Government Rural Development funds.

August

2008

2007

Number of homes currently on the market:

5864

 

Average Active List Price:

199,245

 

New listings on the market in August:

1269

1843

New listing average list price:

177,437

186,736

Number of homes closing escrow (sold):

585

788

Average Sold Price:

140,095

157,972

Average Days on Market:

71

65

 

 

 

Springfield Missouri Real Estate - August 2008

Springfield Missouri Real Estate - July 2008

Springfield Mo Real Estate - June 2008

Springfield Missouri Real Estate - May 2008

Springfield Missouri Real Estate - April 2008

Springfield Missouri Real Estate - March 2008

Springfield Missouri Real Estate - January 2008

   

* Figures courtesy of MLS of Springfield.  Number of homes currently on the market and average active list price is unavailable.

       Subscribe To My Blog

 Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Missouri Real Estate - July 2008

 Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.

 The Springfield Missouri Real Estate market is re-adjusting with the month of June closing 619 homes, dropping 110 from 2007.  Interest rates remain low, with homes priced to sell at or below market moving first.  Bank foreclosures in Springfield aren't the only great buys.  Informed sellers realize they must update their homes, along with staging and have reduced their prices to reflect the market.  If you are a seller in the Springfield market, remember that one out ten homes are selling every month.  We have a 10 month supply right now, discarding the fact that new listings will come on the market and others will be withdrawn or expire.

2367 Springfield Missouri Real Estate agents continue to work in Springfield and surrounding areas, down from 2496 in 2007.

 The majority of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Approximately 10% paid cash.  Buyers, if you plan to purchase a home in 2008, now's a great time to buy. In the Springfield Mo housing market, prices have dropped and are allowing more buyers to purchase homes they would not have been able to finance in 2007. 

Statistics for the end of June for Springfield Mo MLS:

June

2008

2007

Number of homes currently on the market:

6085

 

Average Active List Price:

200,797

 

New listings on the market in June:

1657

1888

New listing average list price:

185,848

180,961

Number of homes closing escrow  (sold):

619

738

Average Sold Price:

139,460

151,274

Average Days on Market:

71

63

   

* Figures courtesy of MLS of Springfield.  Number of homes currently on the market and average active list price is unavailable.

 

  Subscribe To My Blog

 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

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Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!

Springfield Mo Real Estate - June 2008

Kay Van Kampen Team - Re/Max

Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.Quiet Acres

 The Springfield Missouri Real Estate market is slowly re-adjusting with the month of June closing 619 homes.

 

2344 Springfield Missouri Real Estate agents continue to work in Springfield and surrounding areas, a decrease from 2007 .

 

 

 

The majority of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Less than 10% paid cash.

Statistics for the end of June for Springfield MLS:

 

Number of homes currently on the market: 6085
Average Active List Price: 200,797
New listings on the market in April: 1657
New listing average list price: 185,848
Number of homes closing scrow (sold): 619
Average Sold Price: 139,460
Average Days on Market: 71

Kay Van Kampen Team 

 

 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

 Statistics courtesy of GSBOR

 

Certified Distressed Property Expert

 

 Subscribe To My Blog 

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.

Search For Springfield Homes

RE/MAX Solutions                                             www.kayvankampen.com
Springfield, MO, 65721
 
Visit MyBlogLog and get a signature like this!