Springfield MIssouri Real Estate Blog Archive Team Thomas

Home values in Parkmor Heights Nixa MO hold strong throughout the second half of 2011.  Three homes sold over the last 6 months of the year.  Those three homes sold for 98% of what the sellers were asking for! That means sellers held their prices firm and did little negotiating with buyers. 

We can understand why prices hold firm in this Nixa neighborhood.  Parkmor Heights hosts a community pool and a gorgeous lake.  Homes are mostly all brick. Just driving through the area you can see the home ownership pride of the subdivision.  Homes and yards are well maintained.  Homeowners enjoy walking the streets and getting to know their neighbors. This is a true friendly neighborhood.

The average square foot of homes sold in Parkmor Heights was 2600 sq ft.  Those homes sold for around $230,000.  If you’re trying to determine the value of your home in Parkmor Heights, be sure to use good comparable homes.  If your home is larger than 2600 sq ft your home value will most likely be higher (assuming your home is in good condition).  If your home is smaller than 2600 sq ft its value will be less than $230,000.  Home values are a snapshot in time.  We only use recent market data to determine value.  To value your home contact us to schedule an appointment.  We’ll view your home and give you a good home value estimate.

There are four homes currently for sale in Parkmor Heights.  Their asking prices remain aggressive with prices either at or just under $230,000.  To view one of our featured homes in Parkmor Heights simply click on 1010 W Denali.  It’s a great house in perfect condition priced to sell at $229,900.

Team-Thomas loves selling Parkmor Heights! Contact us if you’d like to discuss moving into the area or if you’re ready to move out of Parkmor Heights.  Call us today at 417.575.1291 or info@TeamRandyThomas.com

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.

Home values in Kay Pointe Springfield MO remain steady. In fact, Team Thomas just sold another home in Kay Pointe!  We’ve sold three in Kay Pointe this year.  Kay Pointe continues to be a desirable neighborhood for any age and size of family.  It should be a desirable area, the neighborhood is so well maintained and features several amenities. Kay Pointe hosts neighborhood pool, basketball court, tennis court, great kids play zone and a large common area.    Not to mention the sidewalks throughout the neighborhood are perfect for the walker or runner in the family.  The home owners association does a superior job at maintaining the grounds, perfecting the landscaping and up-keep on the amenities.  This is a true gem for homes in this price point. 

Currently the average sales price or home value in Kay Pointe is $117,500. Keep in mind the average sq footage of these sold homes is 1600 sq ft.  If the home is larger than 1600 sq ft with more than 3 bedrooms, it may very well have a higher market value.  In today’s real estate market the condition of the home plays a major factor in the market value.    

Homes in Kay Pointe typically will stay on the market for an average of 122 days before being sold.  The three homes Team Thomas sold this year in Kay Pointe sold in less than 45 days!  Price and condition matched the market expectations and therefore the homes sold quicker than most. 

If you’d like to know what your home value is in Kay Pointe, call or email us today.  We’ll schedule an appointment to view your home.  Once we take a look inside then we’ll give you a great starting point to sell your home.  Contact us at 417.575.1291 or info@TeamRandyThomas.com.

If you’d like some tips on pricing your home in today’s real estate market, visit our website to learn more about pricing your home to sell fast!  We also have tons of seller videos to help you sell your home.  Don’t forget, Team-Thomas sells Kay Pointe! Learn about our marketing strategies for your home, List with Team-Thomas.

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.

655 S Meteor, Springfield, MO 65802

Great move-in ready home in Copper Ridge, Willard schools

Price: $133,500
MLS: 1115871
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Sq ft: 1907
Lot Size: 0.234
Style: Ranch
Garage: 2 Car
Heat Source: Gas
Taxes: $1311.02

Located in Copper Ridge subdivision, this home has quick & easy access to downtown, minutes to St. John’s and is located in the new Willard elementary school district. Step inside to discover a move-in ready well cared for home. Formal dining with hardwood floors and dramatic large window create the perfect entertaining space. Elegant fireplace with mantel is the centerpiece of the living room. Split bedroom floor plan. Spacious master bedroom. Master bathroom features jetted bathtub with separate shower. Large privacy fenced backyard with beautiful professional landscaping and storage shed. Put this one on your list and come see today!

If you like the looks of this home be sure to view our additional listing information and you can even view our virtual tour photo slideshow.

655 S Meteor, Springfield, MO 65802, This is a great home in a great neighborhood: Copper Ridge. This 3/2/2 is move-in ready and well taken care of.

Copper Ridge offers home owners a superior location with quick & easy access to downtown, minutes to St. John’s and is located in the new Willard elementary school district. Do you love Copper Ridge? View all available homes for sale in Copper Ridge.

You can also view all our available Springfield, MO homes or even create your own custom search from the entire MLS system.   We also created a special link that includes all available and comparable Springfield, MO Homes from $100,000 to $200,000.

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all our available listings, create your own custom search, view our videos, or call today to talk to a knowledgeable member of the team. Team Thomas Realtors (417)575-1291

Kelby Creek is a new development located in Nixa MO.  Just south of highway 14 on highway 160, Kelby Creek is an impressive upscale neighborhood. The community hosts exclusive amenities such as community clubhouse, swimming pool, walking and hiking trails, pocket parks, catch and release fishing in three stocked lakes and a security system.  Kelby Creek is an AT&T fiber to the home community.  This means it has underground high speed fiber optic cabling.  The subdivision is located in the Nixa school district. Utilities are serviced by Nixa. 

The community is just minutes to South Springfield and only 30 minutes to Table Rock Lake and other Branson attractions. The views within the neighborhood are full of natural beauty.  Kelby Creek offers diverse residential options such as traditional homesites, estate sized homesites and maintenance free luxury courtyard villas.  There is truly something for everyone in this one of a kind community.

The Kelby Creek subdivision consists of over 700 acres of water, valley and vista views.  Lot prices start at $39,900.  Currently there are three homes for sale in the neighborhood.  The average asking price for those homes is $386,567.  The average square footage of those three homes is 3,382.  View a virtual tour of 1257 S Rosemoor.  The Rosemoor house is the best buy in the neighborhood with 3,298 sq ft for only $319,900. Home was built by Rusty MacLachlan with superior quality. Rusty MacLachlan also built the Kelby Creek model home located at 1261 S Rosemoor.  It’s currently offered fully furnished 3,050 sq ft for $419,900.     

For details on lots and available homes in the neighborhood, contact us by email or phone at 417-575-1291. 

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.

New construction homes in Springfield MO is taking on a new look.  The recent housing crisis nationwide has had a negative effect on most local builders.  Many builders have completely stopped building. Some are still building but only a few homes at a time.  Other builders are only building custom jobs for those buyers that can receive new construction financing.  The result is fewer new construction homes on the market. 

The lack of new construction poses a unique problem for buyers in the Springfield MO area.  Buyers are often frustrated with the foreclosure and short sale inventory.  These can be distressed properties in need of immediate repair.  Many buyers don’t care to take on such repairs. In addition many buyers feel the inventory is down and the number of options is minimal.  New construction is a good solution for many buyers in today’s market. 

The good news is, new construction will continue in Springfield MO, it’s just going to look a little different than it has it years past.  There are many lots available in a variety of different subdivisions throughout the area.  A buyer’s first step is to choose a neighborhood and lot they would like to live.  The second step is to choose a house plan that fits their lifestyle and budget. 

Consider Team Thomas your one stop shop for new construction.  Contact us today and we’ll provide you with a list of lots and house plans available.  We’ll walk you through the entire process.  We’ll help you choose the right location and lot for your needs.  We’ll showcase several different house plans and discuss options and pricing in detail with you.  We’ll also get you started with a reputable local mortgage lender who has 100% financing available for new construction. 

New construction is an exciting option! Visit our Team-Thomas website to learn more about the lots and plans available. 

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors                (417) 575-1291.

Will an open house sell my house? This is a frequently asked question when trying to sell your home.  As a seller you want your Realtor to do everything possible to sell your home.

Truth is, an open house rarely sells your home.  Take a moment to think about the audience that comes through an open house.  Today’s buyers start their home search online.  They typically start their search 3 months prior to actually purchasing a home.  During that time, they are getting ideas, choosing locations, and narrowing their wish list.  This is when they shop open houses. Think of it as, window shopping.  They are not ready to write an offer, just shopping to get ideas for a purchase later. 

That audience is perfect for your Realtor to meet.  An open house is actually more beneficial to the Realtor than to you as the seller.  It gives the Realtor an opportunity to meet a future client.  

Having said all of that, if you want an open house….Team Thomas WILL HOST AN OPEN HOUSE!  We want to serve our sellers by pulling out all the stops and trying everything possible.  The choice is yours as to whether or not to have an open house.  All we suggest is to align your expectations that an open house may not sell your home. 

For other great ideas of how to sell your home, check out our Team Thomas marketing strategies.

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417) 575-1291.

If you’re thinking about selling your home the first question is how much is your house worth?  A Realtor can give you a Comparable Market Analysis (CMA).  This report will provide you with all the homes similar to yours currently for sale and recently sold within your area.  Look closely at the average sold price of homes similar to yours (similar square footage, similar age of home, similar amenities).  This is what your home is worth in today’s market. Second, take a look at the current homes active for sale.  These homes are your competition.  You will want to position your home competitively in the market. 

There is a common mistake we see people make.  Sellers try to start their asking price too high.  Sellers often know they are a little high to start, but assume an offer will come in and they will be have more negotiating power with a slightly higher asking price.  In previous years, this strategy might have worked.  Unfortunately, in today’s market this strategy results in failure.  If a home is over-priced buyers will not even look at the house.  They review it online and immediately determine if it’s overpriced and mark it off their favorites list.  Over priced homes receive few showings and rarely receive contracts to purchase.

Pricing your home is critical in today’s competitive market. Don’t forget it’s not only the key to showing and selling your home, it’s also the key in receiving a good appraisal.  If the buyer purchasing your home is receiving a mortgage loan in order to purchase, the contract will be subject to an acceptable bank appraisal.  The bank appraiser will conduct a thorough report consisting of all the recently sold homes similar to yours in your area.  Does that sound familiar? If you priced your home competitively according to your Realtors CMA, then you will have no problem receiving an acceptable appraisal.  

Bottom line, contact your Realtor today and request a complete CMA on your home.  We’ll schedule an appointment at your convenience so we can explain the details of the report.  Call Team Thomas today at 417-575-1291. 

Bringing people together. Bringing details together:Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417) 575-1291.

Buying a Short Sale or Pre-Foreclosure in Springfield MO

Let’s begin by explaining what a short sale is.  A short sale is when the seller is behind in payments and is potentially facing foreclosure.  The seller then asks the bank if they will take less for the house than what they owe on the house.  For example, a seller has a mortgage on a home with a balance of $130,000.  The seller has come into hard times (job loss, death in family, medical issues, etc) and has missed a payment or two.  The seller decides to try to sell the home quickly before the bank starts foreclosure.  The seller lists the home on the market for $110,000.  A buyer comes along and offers $100,000.  The seller then presents the offer to the bank and requests the bank takes $100,000 for the sale of the house rather than going the foreclosure route.  The bank then determines if it will write off the $30,000 difference.  

It can be a win-win-win for all three parties.  The seller is able to avoid foreclosure.  The bank avoids the extreme costs of foreclosure.  The buyer gets a house well under market value.  Sounds perfect right? 

It can be a match made in heaven as long as you enter with caution.  As the buyer the downside to the short sale is that you’re working with two sellers; the actual home owner (that most likely still occupies the home) and the bank that has the lien on the property.  Both the seller and the bank have to agree to the contract before you have the home under contract.  This can take time.  The bank will go through a strict process before they will agree to take less for the home than what is owed.  The bank will send out a bank appraiser to value the property.  The bank will then calculate their loss to determine is the risk is too great.  All of this takes time.  As a buyer you should be prepared to wait three to six months for an ANSWER from the bank. Once you’re under contract then you can trust you’ll close and take possession in 30 days just like a normal home sale in Springfield MO.  

My best advice is to have an experienced Realtor to guide you through the process.  You’ll need someone organized and knowledgeable to stay on top of the sale. At Team Thomas we help buyers purchase short sales all of the time.  We also help guide sellers through the short sale process. Contact us to discuss your specific situation.  

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.

Buying a Foreclosure in Springfield MO

Whenever anyone requests a list of foreclosures in Springfield MO the first question I ask is, what are you looking for specifically?  Are you looking for a good buy in Springfield MO?  Are you looking for an investment property in Springfield MO?  Are you looking for a home priced under market value?

I ask these questions, because people often assume the only good buy in Springfield MO is a foreclosure.  That’s NOT true!  The foreclosures have had an impact on our market which has resulted in ALL homes reducing their asking price.  I can find you a good deal in the market and it may or may not be a foreclosure.  Sometimes a seller is simply motivated (job change, relocation, etc.) that caused them to reduce their asking price well below market value.  You can trust that if there is a good buy out there, we’ll find it!

A second thought to buying foreclosures is your financing package.  Keep in mind that a foreclosure is sold as is.  The seller (the bank) is not willing to make repairs on the home.  There may be issues with the house, especially if it’s been sitting on the market vacant for months.  Depending on your loan package you may not be able to purchase a home that is in need of great repairs.  If you’re receiving FHA, VA or USDA loan packages the house may not pass the inspection process and therefore the bank will not loan you money.  Have a serious conversation with your mortgage lender and your Realtor before you look at any foreclosures. There is no point in looking at them if you can’t buy them.

There are a few scenarios where a foreclosure is a great buy. If you’re a cash buyer, foreclosures can be a gem for you.  Making an investment in a home, putting a few dollars in repairs to the home, equals automatic equity for you.  It’s a great way to build equity quickly.  Keep in mind, location is still the key in owning a good investment property.

If you’re looking for a foreclosure, let us know.  We can email you lists of foreclosure properties and other properties which match what you’re looking for in a future home.  Simply email us or complete the form to let us know the email address you’d like the properties sent to.

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.

How to Sell Your Home in Springfield MO

Here are a few critical tips in selling your home in today’s market.

1.  Your house will sell faster if it’s updated and clean.  Today the market is full of “HGTV Buyer’s”.  They’ve watched so many HGTV shows and have seen homes that are professionally staged.  Now they enter your home assuming it will be in the same staged condition.  Remember that first impressions are important.  From curb appeal, to the front door to every inch of the home needs to be updated and clean.  Take the time to freshen the house up with paint.  De-clutter rooms and closets.  Re-position furniture to highlight the room size and appeal. To learn more about selling your home in Springfield MO visit our website for selling tips.
2. Price is still king.  We’ve been talking about price since 2009 and it’s still true today.  If your home is priced too high it will NOT get shown.  You will waste valuable time on the market missing good qualified buyers if the house is priced too high.  Start with your Realtor.  Your Realtor will supply you with a detailed market analysis so you can see where to price your home in relation to your competition. Contact us to receive a FREE home value analysis.
3. Your fist showing will be on the internet.  Today buyers narrow their search by surfing the web viewing photos and videos of homes for sale.  Once they narrow their search THEN they will come to your house to look closer.  This means your first showing is on the internet and your second showing is in person.  Take time with your Realtor showcasing the home for the photos.  Make sure the home is well lit for the photo shoot.  Supply your Realtor with off seasonal photos or photos you’ve taken of your home during different seasons. The better your home looks online, the more showings you’ll receive in person. Get your house show ready!
4. Buyers start their search on the internet.  If they start on the internet, your home had better be on the internet.  Make sure your Realtor has an aggressive internet marketing strategy for your home.  Your home should be posted on various sites advertised in a multitude of different ways. Not every Realtor is advertising on the internet.  Not every Realtor is the same.  Be sure to discuss the marketing strategy a Realtor will execute for your home.   How to sell your home in Springfield MO is outlined in our marketing strategies.
5. Technology is changing the Real Estate industry.  Today’s buyers expect to view your home online, view videos of your home, search on their cell phones,  use QR codes, and even receive text messages regarding your home. Technology is quickly taking this industry to a new level of customer service.  Just placing a sign in the yard and an ad in the news-paper will not sell your home.  To sell your home in today’s market you will need a real estate expert to blast your home into the virtual world. 

To find out how we will market your home, visit our website at http://www.team-thomas.com/Why-List-Your-Home-With-Team-Thomas.

Bringing people together. Bringing details together: Team Thomas’ full-service approach to real estate. Recognizing the increasing demand for simpler and more efficient home transactions, our Team is committed to providing an unmatched level of service to consumers. With homes in Springfield, Ozark, Nixa and surrounding areas, Murney Associates produces more real estate sales in Southwest Missouri than any other real estate firm. Murney Associates is the largest independent real estate company in Missouri and ranked in the Top 100 in the nation by Real Estate Magazine. View all available listings, view our videos, or call today to talk to a knowledgeable member of the team. Team-Thomas Realtors (417)575-1291.