Lake of the Ozarks Real Estate Offers Invaluable Market Insights at the 5th Annual Real Estate Symposium
RE/MAX Lake of the Ozarks, a real estate team focusing on one of Missouri's most livable communities, recently held the 5th Annual Real Estate Symposium, which provided significant industry notes and insights.
November 12, 2012 (Newswire.com) - One of the most beautiful destinations in the State of Missouri is the Lake of the Ozarks. The Lake was developed during the construction of the Bagnell Dam, and embraces a shoreline expanding over 1,150 miles. Bringing people closer to the environment, the Lake of the Ozarks makes an excellent destination for activities involving the nature. Unsurprisingly, the Lake of the Ozarks real estate market is on a steady rise, and is offering excellent opportunities for buying and selling. After all, it proposes to be the home that makes boating, fishing, camping, and golfing possible for residents.
The Betty Ellerbroek Team, RE/MAX Lake of the Ozarks, focuses on giving clients the best possible home buying or selling experience. Listing and selling real estate at the Lake of the Ozarks for 15 years with Platinium Level Sales Production, Ms. Ellerbroek and her team strives to provide clients with the best possible answer to the real estate needs.
In an aim to always provide Lake of the Ozarks real estate services at their finest, Betty Ellerbroek continues to make in-depth analyses of the Lake of the Ozarks market. The 5th Annual Real Estate Symposium last October 18, 2012, is proof positive of this effort.
Spearheaded by the RE/MAX Lake of the Ozarks, this year's annual symposium was essentially a discussion of the trends of Lake of the Ozarks real estate, underscoring how sales in 2012 have been the best in four years.
During the 5th Annual Real Estate Symposium, it was noted that during the declining years of 2006 to 2009, Lake of the Ozarks real estate transactions fell from a high of 3,636 in 2006 to 1,837 in 2009. Sales volume declined from $7.27 million in 2006 to $3.54 million in 2009. In the stabilizing years of 2009 through 2011, transactions increased from 1,840 in 2009 to 1,859 in 2011. Sales volume continued to fall slightly, from $3.43 million in 2009 to $3.3 million in 2011.
Through the first three quarters of 2012, transactions are at 1,629 units and sales volume is $284,346,785. Overall for 2012, transactions are up 11 percent and new listings are down 8.5 percent compared to the previous year.
"There is an improving housing picture; there is light at the end of the tunnel," said featured speaker Shaun White, vice president of RE/MAX, LLC. "If it was just a matter of interest rates, we'd have a booming market. But that hasn't moved the needle back. Consumer confidence is shaky today, but better; the unemployment rate has improved, but those numbers are left to interpretation; housing inventories have been up and down," he cautioned.
To learn more about the findings and insights during the RE/MAX Lake of the Ozarks 5th Annual Real Estate Symposium, please visit http://www.bettyellerbroekteam.com/ for information.
Categories: Real Estate