Real Estate Matchmaking
In the last two weeks I have
done two 3-way trades. Now you may be
asking “What in the world is a 3-way trade?”
One of the trades was a small condo owner who wanted a bigger condo; the
bigger condo wanted to retire and move to home or villa and the home owner was
ready to sell their lake access home and retire to Florida so they were fine with downsizing to
a small condo temporarily. This made me
start thinking that there are a lot of people who own property at the lake that
would like to do something different but need to sell what they currently own
before moving forward. I am attempting
to prepare a spreadsheet of owners with properties and I am continuously trying to match people
and properties. Trades are not easy but
they do work. If you currently own a
property at the lake and are wanting something different please call me and let
me put your information in the spreadsheet and see if I can match you up with
someone else. I currently have a
spreadsheet of approximately 25 owners and the more that is available the more
likely there will be a match.
573.216.0553
conda@gotlake.com
Market Update
Residential units sold have
stabilized while the average sales price has decreased by 14% from 2008 to
2012. However, from 2011 to 2012 the
average price increased slightly showing stabilization. Condo units sold have decreased from 560 to
460 while the average sales price has decreased 22%. This has mainly occurred due to the
oversupply of new condos and the need to deplete inventory. Now that inventory of new construction has
been depleted we should begin to see the prices stabilize.
