Wednesday, July 31, 2019 / by Matt Schrimpf
Matt Schrimpf – Your Luxury Real Estate Expert at the Lake of the Ozarks
Matt Schrimpf is an experienced Real Estate professional with in-depth, exclusive knowledge of the Lake of the Ozarks area. Supported by advanced search tools, organizational technology, and mobile computing, Matt provides a detailed, connected and quality real estate experience that every prospective buyer can enjoy. Matt is also backed by the power of experience as a co-owner of Berkshire Hathaway HomeServices, Lake Ozark Realty.
He has worked hard over the last 15 years to build his own brand that much like Berkshire Hathaway’s is built on strength and reliability. Matt was Born and raised at Lake of the Ozarks and has spent his entire life becoming educated on the lake. He has taken professional classes in the art of negotiation, earned the Certificate of Designation as a Luxury Home Specialist from Berkshire Hathaway, and has graduated from The Institute for Luxury Ho ...
Friday, June 28, 2019 / by Marty Gum
Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
Stock owners are more positive about real estate than stocks as an investment.
Of the 4 listed, real estate is the only investment you can also live in!
Friday, June 07, 2019 / by Marty Gum
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
If you are ready and willing to buy your dream home, find out if you are able to!
Tuesday, June 04, 2019 / by Marty Gum
There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth.
How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to individual and community success.
Their article, The First Rung on the Ladder to Economic Opportunity Is Housing, explains the importance of homeownership to a family’s financial health. In that article, they simply stated:
“The ladder to economic success can stretch only so high without the asset-building power of homeownership.”
To this point, National Association of Realtors’ (NAR) Economists’ Outlook Blog revealed in a recent post:
“Housing wealth contributes positively to the homeowner’s and children’s economic condition, because home equity can be tapped for expen ...
Monday, June 03, 2019 / by Marty Gum
Here are four reasons to consider buying today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year.
Home values will continue to appreciate. Waiting may no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year fixed rate mortgage have started to level off around 4.3%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, and the National Association of Realtors are in unison, projecting rates will increase by this time next year.
An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will incre ...