Welcome

WELCOME to my blog page! If you have any questions concerning real estate, call me at 573-761-3485, or email me at hankvogt@yahoo.com , or visit my website at http://www.hankshouses.com/ . Thanks for stopping by, and come back often for information, tips, and news concerning the real estate market in Jefferson city!

Tuesday, April 1, 2008

Jefferson City Mortgage Interest Rates 03/31

Mortgage loan rates Monday, March 31, 2008

30 year fixed 5.875
20 year fixed 5.875
15 year fixed 5.375
10 year fixed 5.25

Provided by Lynne Bateman, Mid America Bank, 573-896-4790

Rates quoted above are for qualified borrowers with a 95% loan-to-value (LTV) or less. Please call for rates on mortgage loans with 95.01%-97% LTV. Rates subject to change at any time without notice Credit scores may adversely affect quoted rates

Sunday, March 30, 2008

Jefferson City Area Real Estate Statistics

Taken from the Jefferson City Area Board of Realtors Multiple Listing Service.
February 2008

Average List Price -------$ 131,278
Average Sales Price ------$ 127,347
Median List Price --------- $ 124,900
Median Sales Price --------$ 122,500
Average Days on Market --91
# of Units Sold -------------128
List / Sale Ratio -----------97%

“The territorial jurisdiction of the Jefferson City Area Board of REALTORS, Inc. includes Cole, Callaway, Moniteau, and Osage Counties . This representation is based in whole or part on data supplied by the Multiple Listing Service of the Jefferson City Area Board of REALTORS, Inc. Neither the Board nor its MLS guarantees or is any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market.”

Jefferson City Sellers: Don't withhold bad inspection report


Hiding unfavorable information can backfire and spark lawsuits

Inspections are an important part of home buying, but the inspection process can be nerve-racking for both buyers and sellers. Both parties want the deal to go through without a hitch. However, sometimes problems surface that the buyers weren't aware of when they entered into contract.

All houses have defects, even new ones. So it should come as no surprise when defects are discovered. The pertinent issues are: Is there a problem? How serious is the problem? How much will it cost to repair? Read more... http://www.hankv4979.remax-midstates.com/remaxmidstates/modules/agent/agent.asp?p=story&id=66264

What happened to mail order homes?


Over the course of the 20th century, there have been many attempts to bring mass-production methods to the building industry. The Aladdin Co. began selling precut houses in 1906, and two years later, retailing giant Sears Roebuck began offering houses by mail order. Each Sears Modern Home came in a 25-ton kit consisting of precut lumber and virtually all the other materials required to complete the building. Prices ranged from $650 to $2,500, and 22 styles were offered. Precutting the lumber not only made the houses cheaper, but also reduced onsite construction time by some 40 percent. More than 70,000 Sears Modern Homes were sold before the program ended in 1940, a victim of the Depression economy and vexing differences in local building codes. Read more here http://www.hankv4979.remax-midstates.com/remaxmidstates/modules/agent/agent.asp?p=story&id=66278