Where Is the Lake of the Ozarks Real Estate Market Heading?

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Lake Ozark Real Estate Podcast

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Looking to buy in Lake Ozark? Get a full Home Search Looking to sell in Lake Ozark? Get a free Home Price EvaluationRight now is a pretty unprecedented time in Lake Ozark real estate. We have nearly the same number of agents as we do properties to sell!Right now, we have 629 active agents in the board, and only 692 condos in the Lake of the Ozarks -- 87 of which are under contract. There are 789 active listings for waterfront homes, with a total of 97 of them under contract. As you can see, inventory is quite low right now!What does all of this mean for you? Well, low inventory is always great news for sellers, as it means you have more leverage when pricing your home. On the flip side, interest rates are only 3.5-4% right now here in the Ozarks, so it’s also a great time to buy! Regardless of what your plans are, it’s important to work with a good real estate agent. Most agents are only doing one or two deals a year, so they’re not as up to date on the latest market trends and conditions. This is why it’s important to choose an active, knowledgeable agent who will represent you well, whether you’re buying or selling.Last year at the time, we had closed $5.7 million. In the same time period this year, we closed $8.6 million, so clearly we’re doing something right! If you want the help of experts to save you time and money, with the least amount of hassle possible, give us a call or shoot us an email at any time. We would love to hear from you!