Wednesday, July 31, 2019 / by Matt Schrimpf
Matt Schrimpf – Your Luxury Real Estate Expert at the Lake of the Ozarks
Matt Schrimpf is an experienced Real Estate professional with in-depth, exclusive knowledge of the Lake of the Ozarks area. Supported by advanced search tools, organizational technology, and mobile computing, Matt provides a detailed, connected and quality real estate experience that every prospective buyer can enjoy. Matt is also backed by the power of experience as a co-owner of Berkshire Hathaway HomeServices, Lake Ozark Realty.
He has worked hard over the last 15 years to build his own brand that much like Berkshire Hathaway’s is built on strength and reliability. Matt was Born and raised at Lake of the Ozarks and has spent his entire life becoming educated on the lake. He has taken professional classes in the art of negotiation, earned the Certificate of Designation as a Luxury Home Specialist from Berkshire Hathaway, and has graduated from The Institute for Luxury Ho ...
Tuesday, May 28, 2019 / by Marty Gum
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.
In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes the home should be worth does not always line up with the bank’s appraisal.
Every month, the Home Price Perception Index (HPPI) measures the disparity between what a homeowner seeking to refinance their home believes their house is worth and what an appraiser’s evaluation of that same home is.
Over the last five months, the gap between the homeowner’s opinion and the bank’s appraisal has widened to -0.78%. This is important for homeo ...