Here in Ozark Mountain Country, we are blessed with four distinct seasons, with fall being one of the most beautiful.


Usually, the leaves start changing to eye-catching reds, yellows, and oranges in mid-October. Possibly due to a very warm and sunny autumn, this year's colors didn't arrive until a few days before Halloween.


I've been busy with my camera trying to catch images of the leaves before they're gone. Now is a great time to take a drive through the Tri-Lakes area!
Remember the Tickle Me Elmo craze during the 1996 Christmas season? This doll was THE have-to-have toy and there weren't enough to go around. The price in the store was less than $30; however, some people ended up paying hundreds of dollars for Tickle Me Elmo.
Now, what does Tickle Me Elmo have to do with real estate investment? It illustrates the concept of supply and demand. When something is in short supply, people are willing to pay more for it.
Of course, I don't foresee the same frenzied, must-have situation for lake lots and land. However, this type of property is an excellent investment-there are only a limited number of these parcels left, at least on Table Rock Lake and Lake Taneycomo. Once they're gone, they're GONE.
Appreciation on lakefront and lakeview lots on Table Rock Lake has been phenomenal. Below are statistics showing the average selling price on lakefront/lakeview lots, less than 2 acres, on Table Rock Lake for each year since 2004.
2004: $33,889
2005: $42,527
2006: $55,076
2007: $62,974
2008: $78,627 (January 1 - October 27)
These statistics show what a great investment lake property can be. With the state of today's financial and stock markets, it makes more sense than ever to invest in lake real estate.
Recently, the Missouri Department of Transportation Cost-Share Committee approved splitting the $13,187,000 cost of building a new bridge over Lake Taneycomo, along with a roundabout. The other half of the money will come from Taney County and the cities of Branson and Hollister.

Plans are to build a new bridge downstream from the existing bridge and then repair the old bridge. On the Hollister side, there will be a roundabout.
MoDOT will not have funding for the project available until its 2012 budget. To accelerate the project, the city of Branson is currently working to obtain funding that it could front MoDOT.
This much-needed project will help alleviate traffic congestion in downtown Branson and on the Hollister/East 76 side of Lake Taneycomo.
Today I read an article from the Associated Press regarding declining home prices. The article stated "The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday fell a record 16.3 percent in July from the year-ago period, the largest drop since its inception in 2000."

The average consumer, after reading this information, thinks that ALL real estate is worth 16.3% less that it was a year ago. Not true.
The key words here are "20-city housing index." The article doesn't list which 20 cities but does mention Las Vegas. I'm confident that the cities whose data was analyzed were the same cities that saw unbelievable appreciation earlier this decade.
These type of articles not only increase anxiety in the general public but also confuse home buyers. Real estate statistics differ from state to state and town to town.
According to the Tri-Lakes Board of Realtors data, as of September 30, 2008, the average sale price of residential property actually has INCREASED by 2.65%. The average sales price from January - September 2007 was $167,964. For 2008 during the same time period, the average sale price has INCREASED to $172,416.
Remember, when considering a real estate purchase, let your Realtor show you LOCAL data to help you made an informed decision.
A drive-through flu shot clinic will be held on the at the Branson West Wal-Mart Super Center parking lot on November 1, 2008 from 8 a.m. to 10 a.m. Shots are available to area residents for a donation to the Skaggs Foundation.
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Besides being an area resident, you must not be ill; be at least 18 years of age; not allergic to eggs; and should not have ever had Gulliain-Barre Syndrome to receive a flu shot.
Skaggs Community Health Center Web Site
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