Halloween Fun in Springfield

 

Halloween in Springfield is a fun time of the year with candy, costumes and of course costume parties.  As a Halloween baby it’s always been a fun time of the year for me.  I have put together a list of some events you might want to check out, some are kid friendly, and some are more geared to adults.  However you celebrate the Halloween season, there’s something for everyone this year in Springfield.

Read more

Springfield’s Housing Market with Rising Rates

rising interest rates

 

This housing market has been a wild ride in 2022, from soaring home prices, low inventory, and now rising interest rates.  The changes have many people wondering what’s going to happen to the local Springfield housing market.

Homebuyers are feeling the 1-2 punch from both rising home prices and mortgage rates.  Home prices have been hitting all-time highs with low inventory and quick sales.  The higher mortgage rates will start to cause homes to be on the market longer.  It should also start to return home price increases to more normal levels.

Federal Reserve Rate Hike

The Federal Reserve made history last week by hiking rates by three-quarters of a percentage point for the second straight month.  This is the most aggressive tightening in more than a generation hoping to curb the highest inflation on over 40 years.

Dr. Jessica Lautz with the National Association of Realtors said, “However, fewer buyers will be able to afford a home because of rising interest rates and increasing home prices.  While unaffordable housing isn’t a good thing, it does mean that buyers still in the market may have more time to find the perfect home.”

Read more

Pet Safety Tips During Fireworks

 

In the Springfield, MO area many of us enjoy firework displays, but our furry friends might not enjoy firework displays the way we do.  Many animals find fireworks scary so here are some pet safety tips during firework.  We should all consider some tips how to keep your pets safe during fireworks.

Like many Americans, you may be planning to have a festive Fourth of July. Along with bbq’s and the day at the Table Rock Lake, no July holiday celebration would be complete without enjoying the fireworks that celebrate the birth of our nation.  For a list of firework attractions CLICK HERE

We need to remember our pets when outlining safety with fireworks.  Perhaps you are considering staying at home and planning a get-together with friends and family. Or, you may want to go check out your local professional fireworks display. While putting the finishing touches on your planned celebration, take a moment to consider how to keep your pets safe during fireworks.

Unlike people, pets don’t associate the noise, flashes, and burning smell of pyrotechnics with celebrations. Pets are often terrified of fireworks, and often panic at the loud whizzes and bangs they produce.

Because of this, the American Humane Association reports that July 5 is the busiest day of the year for animal shelters. Why? It is reported that animal shelters the day after Fourth of July are “inundated with pets that panicked at the noise of firecrackers and fled into the night, winding up lost, injured or killed.”

Read more

Fireworks Shows Celebrating the 4th of July

Table Rock Lake Fireworks

The long July 4th weekend is a great time of the year for family and friends.  We are all ready for a weekend full of backyard BBQ’s, lazy days at Table Rock Lake, and fireworks for 4th of July.  What can be more American fun than that?

With the 4th of July weekend approaching there are celebrations happening all around the Ozarks.  It will be a great way to reconnect with friends and family.  Below is a list of several fireworks displays all around the Ozarks.  There are many opportunities to watch fireworks for 4th of July  to light up celebrating Independence Day.

If you are wanting to upgrade your backyard for BBQ’s or find that new lake house for future Holiday celebrations please don’t hesitate to call me at 417-693-3254 or email me at Brice@BriceDavis.com.  If you have some time and just want to search for homes online visit BriceDavis.com.

Read more

Investing in Airbnb or Managed Nightly Condo Rental

short term rentals
Investing in Airbnb or Managed Nightly Condo Rental

In this hectic real estate market many people are looking at investment properties.  The question then becomes what type of property?  Two growing trends are investing in Airbnb or managed nightly condo rentals.

Airbnb and VRBO

Short term rentals has permanently changed the travel industry.  Today, more and more property investors in Springfield, MO are investing in short-term rental properties  as money-making ventures. You might ask yourself, should you consider Airbnb real estate investing in 2022?  It might be a good option for some.

The appeal is easy to see, you can diversify your income without needing to be a full time real estate expert.  The rise in popularity has made this potentially a solid investment approach.  2021 was quite a fruitful year for short-term rental owners. Airbnb demand went 10% higher than the pre-pandemic rate in 2019. The entire industry at large generated about 40% more revenue due to higher Average Daily Rates (ADR) levels. Bear in mind that all this occurred with 10% fewer listings available.

Read more

Ironbridge Subdivision in Springfield, MO

Ironbridge is a great amenity laden neighborhood community in south Springfield with close access to everything. 

 About Ironbridge Subdivision

Ironbridge is a large subdivision with many amenities in Springfield, MO. The neighborhood was developed by renowned local developer Ron Stenger. The neighborhood is a multi-use subdivision featuring a gated housing section, traditional single family housing, office space, and also an assisted living facility.  Conveniently located off of South National Ironbridge is near Cox Regional Medical Center and James River Expressway for easy access to all Springfield has to offer.

Read more

What are Springfield’s Housing Market Predictions for 2022

Springfield's housing market

Many are wondering, what are Springfield’s housing market predictions for 2022? As many have reported Springfield’s housing market has been setting records on multiple fronts throughout 2021.    Springfield record high housing prices, record low interest rates, low available home listings, what does it all mean?

2021 Housing Recap

2021 has been a wild year in real estate for Springfield and the surrounding area.  Like the rest of the country we experienced a shortage of homes for sale, supply chain issues, and decade’s high inflation resulting in home values increasing to record highs in 2021.  The average sales price for a home in Springfield according to the Greater Springfield Board of Realtors (GSBOR) in 2020 was $192,971 the sales price for 2021 was $221,245.  This is over a 14% increase for the year with days on market dropping from 63 days to 21 days.   That is a 49% increase since average sales price in 2016.

Read more

Halloween Events Around Springfield

 

There are always fun Halloween events around Springfield and lets not forget about costume parties.  As a Halloween baby it’s always been a fun time of the year for me.  I have put together a list of some events you might want to check out, some are kid friendly, and some are more geared to adults.  However you celebrate the Halloween season, there’s something for everyone this year in Springfield.

Read more

Why Now Is A Great Time to Buy A House

Its a great time to buy a house with the market currently booming and many buyers are looking for a new home despite low market inventory. One key reason the housing market is prospering is record or near record low mortgage rates. But there are other factors would-be homeowners need to consider when deciding whether now is a good time to buy.

Why Now Is A Great Time to Buy A House

As any realtor will tell you, buying a house has much to do with timing.  The question I am most often asked right now, “So is now a good time to buy a house?” That can be a loaded question that may have many variables. It is very cliché to say that, “Now is the time to buy,” but actually, right now, that answer really is true.  With mortgage interest rates at or near historic lows now is definitely a perfect time to buy your dream home.  click here to search listings in Springfield.

Read more

Real Estate Commercial in Springfield, MO

Real estate commercial in Springfield, MO currently playing on NBC and ABC.

Interested in finding your homes current worth click here.  Want to view current homes for sell click here.

If you have any questions on real estate or want to see a home call me today. Cell 417-693-3254, or email Brice@BriceDavis.com, or call my office at Southwest Missouri Realty at 417-582-2200.