Real Estate Sales Ads

Little Brother lives outside Lake Ozark, looking to move down around Jackson/Cape area where his kids live. So gets on a Real Estate Site and it has ads flying about the Least Expensive areas in MO to Buy and to escape the city need to buy NOW.

Lovely digs in Portageville, Kennett, Sikeston, even down to Poplar Bluff or Elsinore. The EPITOME of Crap Holes for Missouri. Cheap sorta, No Services, FEWER Stores, really poor areas where housing is early 1920s/30s and decrepit. Who are these people kidding!!!

Trying to entice
Scary areas

Are waging bidding wars here as to small acreages. Started at $4100/a a few months ago, are WELL over $5200 now, and have no homes on them nor value as farmland.

A few homes built in the 70's are selling across the county, up to 10 counter contracts against the first should that flop. Bidding wars taking homes that a year and half ago would MAYBE make $80sf are now at $160sf and Climbing.

Heard of a home near Bay MO on four acres $187900, bid out to $217500, needs LOTS OF Work and Rehab to get Up to Date 1820sf with the partially finished lower level. May end up putting close to $100,000 In it to bring up to efficient levels and on Gravel Road, and that is LOW Ball number as Materials Prices head for Mars. Concrete slated to raise 30% HERE(From batch plant operator), Lumber is still climbing where a standard 1600sf Ranch just for enough to put under roof and dried down NOT Finished Out, $190,000 ESTIMATED as will not know until Materials Delivered as to Final Costs NOT Including Foundation, that from a Lumber Company employee.

And SCUPJoe just announced plans to make Homes Ownership a PRIORITY for Minority Ethnic Americans.

Edited by DMiller - 23 Feb 2021 at 5:58pm

DMiller- its going to be very interesting what Gary Seiferts land brings this weekend - heard other land owners ajoining his are mad cause the auction company is doing it this way - 4 tracts - first highest bidder gets choice- next time another auction - choice again - maybe alot of hills and pasture sell at record price ! Tom Cline was flying his hiilicopter down there Sat**day taking pics with big equipment etc ; didnt do much for the auction tho- had to stop because of the noise, lol

Edited by DougG - 23 Feb 2021 at 8:30pm

In the area I live in, the houses sell before a realtor sign is even installed. In my current situation I've been trying to talk the wife into selling and buying her a condo. We could probably pay cash for one with the equity we got in our home, and if there is a bidding fight we could maybe end up with a little cash back!

D14, D17, 5020, 612H, CASE 446

Saw a story on the Denver TV of a couple who put in an offer $100,000 higher then the asking price and didn't get it as someone else put in a bid $200,000 higher. A house just sold about 8 miles from me on the edge of the mountains in Boulder for $14,000,000. Highest sale of a house ever in the county.

Boy, what a mess. You know this ain't gonna work. Leon

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