AMAX Real Estate

What is the real estate market doing now?  Rates are in the mid sixes.  Houses are still selling quickly.  We are still low on inventory of homes,  which is keeping the prices strong.  A well priced and well taken care of home (that shows top of the market) will still get multiple offers and will receive asking price or higher.  All in all, our market in Springfield Missouri is very steady and strong.  It is a great time to buy and it’s also a great time to sell.

Waiting for interest rates to drop before buying a house? In 1971 interest rate for a mortgage was 7.33%. If you waited for the interest rate to go down, you would not have purchased a home until 1993. You would have rented for 22 years, paying off your landlords home while you waited for rates to drop. Meanwhile, the value (prices) of real estate quadrupled. In 2021 when interest rates dropped into the 3% range, homes were selling, on average of 5% OVER asking price. BUY NOW before rates drop and refinance when they drop a point or less. You can also purchase now with an adjustable rate mortgage, and ride the rates down until you are ready to refinance. NOW IS A GREAT TIME TO PURCHASE A HOME!

Today's Mortgage Rates : Daily Index View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

Due to the bad job market report today and higher than expected inflation rate, Feds lowered basis points today 10 points. This means INTEREST RATES went DOWN TODAY!!!!! If you bought a house last year at 7% or higher, this time to refinance! My lender said he locked a buyer in today on a govenment loan in the high 5%s. Message me if you need advice or details about refinancing. And if you have been waiting for rates to drop to purchase a home, NOW is the time!

My company, at AMAX Real Estate is busy today posting buyer’s agent commissions on our website. If you are an agent and want to show any of our properties, go to AmaxRealEstate.com to see what the Seller is paying. We don’t think a buyer’s agent should show houses and “hope” they get paid and negotiate their pay with an offer. We value and appreciate all buyers agents from other offices. We thank you for bringing clients to our houses and we want to make your job a little easier by not having to negotiate your commission.

AMAX Real Estate in Springfield, MO Search for homes, land and lots, commercial properties, smart homes, blogs, and more in Springfield, MO, Ozark, MO, Nixa, MO and the surrounding areas with AMAX real estate.

Open house today 2-4 pm in Kay Pointe. My son, Arthur is a mortgage lender and will be there for anyone who would like to ask questions about loans or getting pre-approved for a loan. Stop by and ask any questions about lending (even re-financing), he is happy to help. Also at the open house is one of my best Teams, The Torp Team. Team Lead: Cassie Torp will be there to ask any real estate questions! Please come by!
https://www.flexmls.com/share/Anh3H/3912-W-Monroe-St-Springfield-MO-65802

301 Redbud St, Sparta, MO 65753

https://www.flexmls.com/share/9ekjN/2244-S-Delaware-Ave-Springfield-MO-65804
This is an ABSOLUTE DOLLHOUSE! We need to get this one sold ASAP. $179,900. Text me for a showing! (417) 429-8422.

2244 S Delaware Ave, Springfield, MO 65804

https://www.flexmls.com/share/7r2SR/4095-E-Farm-Road-164-Springfield-MO-65809

4095 E Farm Road 164, Springfield, MO 65809