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DMiller 
Orange Level Access
Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29650
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 Topic: Real Estate Sales Ads
Posted: 23 Feb 2021 at 2:49pm |
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!!!
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Tbone95
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Joined: 31 Aug 2012
Location: Michigan
Points: 11399
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Posted: 23 Feb 2021 at 2:55pm |
"Least Expensive" areas, doesn't sound like they're kidding anybody! 
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DMiller
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29650
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Posted: 23 Feb 2021 at 4:14pm |
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Trying to entice
Scary areas
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steve(ill)
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Joined: 11 Sep 2009
Location: illinois
Points: 77966
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Posted: 23 Feb 2021 at 4:19pm |
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If your looking to get OUT OF St Louis or Chitcago .........they are looking to buy more RURAL... But most of them people have ENOUGH MONEY that they dont want a 1920 SHED.
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Like them all, but love the "B"s.
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DMiller
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29650
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Posted: 23 Feb 2021 at 5:57pm |
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
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steve(ill)
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Joined: 11 Sep 2009
Location: illinois
Points: 77966
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Posted: 23 Feb 2021 at 7:09pm |
And SCUPJoe just announced plans to make Homes Ownership a PRIORITY for Minority Ethnic Americans.
DAVE.... that means OPEN UP YOUR WALLET.... THEN BEND OVER !!
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Like them all, but love the "B"s.
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DougG
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Joined: 20 Sep 2009
Location: Mo
Points: 7946
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Posted: 23 Feb 2021 at 7:52pm |
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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
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tadams(OH)
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Joined: 17 Sep 2009
Location: Jeromesville, O
Points: 9680
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Posted: 24 Feb 2021 at 2:31pm |
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That's the way most place are sold around here first high bidder gets choice and on down to the last parcial is sold then they sell as a whole and which ever brings most money is the way it sells.
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john(MI)
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Joined: 12 Sep 2009
Location: SE MI
Points: 9263
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Posted: 19 May 2021 at 7:12am |
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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!
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D14, D17, 5020, 612H, CASE 446
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DMiller
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29650
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Posted: 20 May 2021 at 3:18am |
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Hold those thoughts as the end is coming into view on this.
Market is not supporting higher prices currently as those that had coin to buy have bought those that bought bare ground to build either have started that process or determined lumber/materials costs are excessive and shut the projects down sitting on the properties or establishing relisting with no takers now.
States that have mass exodus occurring are seeing prices dissolve where people are no longer able to sell with enough equity to buy elsewhere. IOW, the slump has begun.
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JohnColo
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Joined: 03 Apr 2020
Location: Niwot, CO
Points: 1258
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Posted: 20 May 2021 at 10:13am |
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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.
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DMiller
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29650
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Posted: 10 Jul 2021 at 11:07am |
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Brother in Johnstown CO also stated their RE Market is cooling rapidly, where buyer's remorse for paying too much is beginning to settle in. One couple won a bidding war there for a $320,000 home at $465,000, now the realization is they may be able to sell it for more than paid when they have both crossed 105y.o., not looking good here either where a farm sold at twice the evaluated assessment, taxes will shoot to the moon but that price will not stand muster in a year, prices for land are rapidly scaling back.
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LeonR2013
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Joined: 01 Jan 2013
Location: Fulton, Mo
Points: 3500
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Posted: 28 Oct 2021 at 3:54pm |
Boy, what a mess. You know this ain't gonna work. Leon
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MarleeLee
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Joined: 14 Jun 2022
Location: USA
Points: 1
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Posted: 17 Jun 2022 at 5:48am |
Real estate companies connect the seller and the buyer. And the company earns money on the fact that it takes a percentage of the transaction. Such companies make it possible to sell real estate faster and greatly facilitate the search for real estate for the buyer. But the real estate market has its risks. On this site https://timthomas.co/signs-of-a-housing-market-crash/, you can learn about some of the signals that predict the market's collapse. For now, our real estate market is safe.
Edited by MarleeLee - 17 Jun 2022 at 5:48am
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jaybmiller
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Joined: 12 Sep 2009
Location: Greensville,Ont
Points: 21547
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Posted: 17 Jun 2022 at 6:07am |
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spam spam spam
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor)
Never burn your bridges, unless you can walk on water
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shameless dude
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Joined: 10 Apr 2017
Location: east NE
Points: 13611
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Posted: 19 Jun 2022 at 7:33am |
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prolly see our farm on one of them ads coming up....(farmers national)
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