Springfield, MO

Today is Veteran's Day, a time to honor those who so bravely serve our country and put their life on the line for our freedoms.

Say thank you to those who take the oath to uphold the Constitution and protect us from enemies both foreign and domestic. This is especially true looking back at the terrorism of 9-11 and this week at Fort Hood.

More than ever before our freedoms are under constant assault. We are a Representative Republic based on free enterprise, and Capitalism, not a Socialist or Marxist country; at least for the time being.

Pray that our country will return to its roots of limited government by the people and uphold the principles set forth by our Founding Fathers.

Statistics are boring sometimes, but they can give you a lot of useful information. I did stay awake in stats class in college!

One of the most important statistics when considering selling your home in Springfield is the current absorption rate. This is calculated in either months or weeks and tells how quickly homes on the market are selling. Keep in mind the absorption rate can vary by price range, sq. footage of your home, even by neighborhood.

Typically more than 26 weeks inventory of homes indicates a buyer's market. Less than 26 weeks inventory indicates a seller's market. Somewhere in the middle is a balanced market.

The absorption rate can give you an idea of how long it should take your home to sell if priced and marketed correctly. Of course there are exceptions but its a good starting point. Here is an example graph of the absorption rate for Springfield.

If you would like for us to figure the absorption rate for your neighborhood in Springfield, Ozark, Nixa, or surrounding communities just give us a call. We're here to help.

As REALTORS we tend to work a lot of hours. There are always buyers to show properties, homes to list, homes to preview, websites to update, paperwork to do, marketing, meetings, training, and on and on.

However, you can't work all the time without getting burned out. Yesterday was nice so we decided to take a much needed day off and went to Silver Dollar City! Here is a video I took with my phone of the Power Keg roller coaster taking off. Sorry about the poor sound quailty but its still funny!

Heads up Springfield Misouri home buyers and sellers! The 1st time homeowners tax credit extension was signed into law this week and was extended to April 30, 2010. It was also expanded to include other homeowners too. To qualify for the new $6500 credit, you must have lived in the home for 5 of the last 8 years.

To see if you qualify and for more details see the graphic below from the National Association of REALTORS. When you are ready to start looking just give us a call at 417-631-7234 or visit our website at springfieldmissourihomesforsale.com