Missouri and Springfield recognized for low business costs and job growth

Posted by Murney Associates under RISMedia Article

In a CNBC special report released this week, Missouri ranked fifth in the nation for the cost of doing business. “America’s Top States for Business 2010″ report used public data to score states’ competitiveness with 40 different measurements and used input from national business groups and state economic development marketing materials to separate the metrics into ten weighted categories. Listed as 17th overall, Missouri ranked fifth in terms of the cost of doing business, weighted as the top category because it is often the first consideration when a company chooses a state for expansion or relocation.

At the local level, the fastest-growing county in Springfield’s Metro Area, Christian County was ranked 12th in the top counties for job growth. CNNMoney.com compiled a list of the counties that have experienced the most job growth over the last nine years, citing that plentiful job opportunities are key to making somewhere a “great place to live”. From 2000-2009, Christian County has experienced 39% job growth, with many residents commuting to Springfield for major employers like O’Reilly Auto Parts, St. John’s Health System and CoxHealth. The county has also benefitted from attractions in Branson and outdoor activities at Table Rock, Taneycomo and Bull Shoals Lakes.

For the full CNBC “America’s Top States for Business 2010″ report, click here.

For the full CNNMoney.com “Where the jobs are” list, click here.

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Housing Market Holds Its Own: Life after the Tax Credit

Posted by Murney Associates under RISMedia Article

RISMEDIA, July 20, 2010—The tax credit brought a lot of buyers out last fall and again this spring, which gave a real shot in the arm to real estate. While that heightened volume cannot be sustained, home sales and prices still remain higher than last year due to interest rates at historically low levels and the lowest home prices seen in years. A monthly survey of 54 metropolitan areas reveals that closed transactions in June 2010 were 5.6% higher and prices 3.5% higher than during June 2009.

“There’s no question, the tax credit has had a significant impact on this market,” said RE/MAX CEO Margaret Kelly. “No one can predict the future, and we may still see a slight pull back, but for right now it appears that housing is holding its own, hopefully on the road to a sustainable recovery.”

Transactions – Year-Over-Year Change
Buyers trying to make the closing deadline for the tax credit may have pushed sales higher for June with a 7.2% rise from May in addition to the 5.6% gain over last year. Sales were especially strong in the Northeast—Boston and Hartford saw 23% more sales than last year, Providence was up 21% and Philadelphia was higher by 27%. An equal number of metro areas, 27, had increases and decreases in closed transactions year over year.

Median Sales Price – Year-Over-Year Change
Responding to demand, home prices appear to be stabilizing and slowly inching higher. In the survey’s 54 metro areas, the year-over-year change in median sales price was 3.5%, with 27 metros headed up, 25 lower and 2 unchanged. The weighted average of all median sales prices for June was $211, 530.

California experienced the most dramatic increase in prices—median prices in San Francisco rose almost 18% higher than June 2009 levels, Los Angeles prices were 10% higher and San Diego prices were 9% above the same time last year.

Days on Market – Average of 54 Metro Areas
Besides price, most home owners are concerned about how long it will take to sell their home. For the homes that sold in the survey’s 54 metro areas, the average number of days it took from listing to signed contract was 81, slightly lower than the 83 day average in May and the 89 day average in June 2009.

Months Supply of Inventory – Average of 54 Metro Areas
The inventory of homes on the market in June rose slightly from May, up only 1.2%, but down 5.8% from June 2009. In the survey’s 54 cities, the average months supply of Inventory was 8.5 months, which remains unchanged from May. This means that at the current rate of sales, the average metro would eliminate its inventory of homes for sale in eight and a half months. However, a six month supply is considered a market balanced equally between buyers and sellers.


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SEE US ALONG THE HBA’S PARADE OF HOMES ROUTE

Posted by Murney Associates under Number One Realtor in SW Missouri

Murney Associates, Realtors® is proud to be part of the HBA’s Parade of Homes. To locate homes on the HBA Map look for the corresponding number on the map.

HBA Parade of Homes Map

House No. 2

144 Riverdale Court, Nixa

Directions


South on Highway 160 to miles past Highway 14, east on Pawnee to the bottom of the hill, east on Riverdale Road, cross the bridge, take the first right (south) into The Timbers at Riverdale, east on Riverdale Court

Builder: Sam Clifton, Millstone Custom Homes LLC

Subdivision: The Timbers at Riverdale

Price: $750,000

  • Craftsman-style home on three acres with a walk-out basement
  • Wet bar, game room and concrete tornado room
  • Four-car garage
  • 7,000 square feet; 4 bedrooms and 5 1/2 bathrooms
  • Stone and stucco exterior with timber accents
  • Covered front porch with stone flooring
  • Outdoor living and grilling area
  • Hidden galley prep kitchen, professional stainless steel appliances
  • Large kitchen island and desk area
  • Master bedroom with timbered ceiling and seating area
  • Walk-in shower with body sprays
  • Custom walk-in closets
  • Designed by Dale Peer
  • Interior design by Michelle Clifton

House No. 8

6061 S. Lookout Ridge, Ozark

Directions


South on Highway 65, east on Evans Road through the four-way stop, north on Lookout Ridge

Builder: Mark Martin, Martin Building & Development

Subdivision: Millwood

Price: $545,000

  • 4,000-square-foot home with a finished walkout basement
  • French Country-style home positioned on a cul-de-sac
  • 5 bedrooms and 3 1/2 baths
  • 3-car garage
  • Zoned 95 percent efficient heating and cooling
  • Open floor plan with hearth room
  • Hand-scraped maple hardwood floors
  • Stainless steel kitchen appliances and French Country alder cabinets
  • Spacious master suite with natural stone floors, granite countertops and walk-in shower
  • Screened-in porch with views of the 11th hole
  • Designed by Dale Peer
  • Decorated by Obelisk Home and Mark Martin

To find other homes on the HBA’s route please click on the map.

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MURNEY ASSOCIATES REALTORS® ONCE AGAIN AMONG TOP 100 IN THE NATION

Posted by Murney Associates under Number One Realtor in SW Missouri

(Springfield, Missouri) May, 2010, Murney Associates, Realtors®  once again have been named in the Top 100 real estate brokers, ranking 88th in the U.S., as released in the 2009 Power Broker Report and Survey.

The Top 100 Ranking was determined by the number of closed transaction sides in 2009. As the only Missouri based broker making the Top 100 list, Murney Associates had 4,130 closed transaction sides and a closed sales volume of approximately $615,728,000.

“We are always excited to receive this kind of national recognition. We are extremely proud of our associates who have put forth such tremendous effort during a year of tough times,” said Patrick Murney. “They deserve all the credit for our success. Whereas location, location, location was the mantra in simpler times for real estate companies, we have always believed in the value of strong relationships. Our investment in the client centered resources continue to benefit home buyers and sellers alike.  Whether expanding facilities for customer convenience or increasing exposure to listings through our web site, the focus of our business is always on the customer.”

Murney Associates has five locations. Managing brokers Twila Hillme, Sherre Lane, Harry Chalfant, and Jeff Parker, lead the day-to-day operations at the company headquarters.  Melinda Hayes is the branch manager for the Nixa office and Wanda McMullin manages the Ozark office.

RIS Media’s 2009 Power Broker Survey is distributed by RISMedia, publisher of RealEstate magazine. The annual survey ranks brokerage firms according to closed sales volume and closed transactions side. The ranked companies, accounting, auditors and/or franchises verify results.

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