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

Staging a home can be a fearful experience for some sellers but it doesn't have to be! We are here to give you advise about staging your home; keep in mind we are not criticizing you decor or the way you live. Our job is to make your home the most appealing to a wide variety of home buyers. We sell a lot of Real Estate in Springfield Missouri and can help you sell your home quicker. Here is a list of tips to think about when staging your home:
1. Remember, the way you live in a home and the way you sell it, are two different things.
2. Buyers only know what they see, not "the way it's going to be".
3. Remember, less is more.
4. Staging can make the difference between a sale or no sale.
5. Depersonalize and de-clutter so buyers can visualize the home as their own.
6. The market is competitive so your listing needs to be number one!
7 . Make sure every room has its own "identity"
8. Staging prepares your home for a quicker sale and less stress in moving.
9. Staging doesn't cost anything. It just takes a little time and creativity.
10. We include our staging advise free of charge if you list your home with us!
No matter where you go in Springfield Missouri you can't escape the ubiquitous orange construction cones and road equipment. They're everywhere! James River and Hwy 65 intersection is being totally rebuilt and won't be finished for years. Hwy 65 between James River and I-44 is being widened to 6 lanes. National and James River is being upgraded to a diverging diamond intersection. I-44 & Glenstone, and on and on...
Police are cracking down on speeders in construction zones and I have noticed a lot of people being stopped lately because they ignore the speed limit signs. The bottom line is; unless you have an extra $250 you don't need, don't speed through construction zones!
Look at the bright side... When the construction is finished it will be much easier to get around town and in the mean time you can relax, slow down, and enjoy the view! Just remember to leave a few minutes early.
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