Lake Newsletter

from The Mary Lou Stone Team March 2025

Featured Listings

SPOTLIGHT PROPERTY

NEWLY LISTED Lakefront Condo

106 Willow Ridge Pt. #3A, Lake Ozark, MO 65049

List Price: $339,000 MLS# 3575952


-3BR/2BA

-1,119 Sq. Ft.

-Lakefront Top Floor Condo

-Fully Furnished

-Vaulted Ceilings

-Just a Few Steps to the Top Floor

-10'x24' Boat Slip with Hoist & PWC Slip Included

-Great Amenities

-Desired Location by Land and Water


CLICK HERE FOR MORE INFO

RESIDENTIAL

194 Sac Rd. #D201

Sunrise Beach

List Price: $359,900

PRICE REDUCTION!

MLS# 3572496


-3BR/3BA

-1,100 Sq. Ft.

-Lakefront Condo

-Walk-In End Unit

-Lots of New Throughout

-2 Primary Lakeside En Suites

-Gorgeous Lake Views

-14'x40' Boat Slip Included

-Gated Quiet Complex

-Desired Location by Land and Water




Click HERE for More Info!


56 Enclaves Ln.

Lake Ozark

List Price: $544,900

NEW CONSTRUCTION!

MLS# 3572038


-4BR/4BA

-2,923 Sq. Ft.

-Lakeview with Lake Access Stand-Alone Villa

-Main Level Living

-2 Lakeside Decks

-2 Car Garage

-Luxury Finishes

-Boat Slips Available

-Low Assessment Fees

-Amazing Amenities



Click HERE for More Info!


788 Kersten Way #A308

Osage Beach

List Price: $209,900

TOP FLOOR CONDO

MLS# 3573252


-1BR/1BA

-510 Sq. Ft.

-Lakefront Condo

-Top Floor

-Amazing Lake Views

-Fully Furnished

-10'x24' Boat Slip Included

-2 PWC Slips Included

-Desired Location by Land and Water



Click HERE for More Info!


320 Regatta Bay Cir. #3B

Lake Ozark

List Price: $347,900

UNDER CONTRACT!

MLS# 3574458


-3BR/3BA

-1,465 Sq. Ft.

-Lakefront Condo

-Fully Furnished

-Lots of Upgrades

-12'x30' Boat Slip Included

-Great Amenities

-Desired Location by Land and Water


LOTS & LAND

Lots 1015 & 1016 Nassau Cir.

Four Seasons

List Price: $7,500 each

PRICE REDUCTION!

MLS# 3567479

MLS# 3567480


-Buy One Lot or Both!

-Located Next to Community Pool

-Gentle Topography

-Amazing Amenities

-Desired Location by Land



Click HERE for More Info!

Click HERE for More Info!



Lot 977 Bobcat Ln.

Four Seasons

List Price: $3,850

GREAT LOCATION!

MLS# 3572748


-0.31 Acres

-Build Your Dream Home

-Located on a Quiet Street

-Backs Up to Green Space

-Close to the Lake

-Fantastic Four Seasons Amenities


Click HERE for More Info!


CLICK HERE TO VIEW MORE LAKE AREA PROPERTIES FOR SALE!

SEE YOUR PROPERTY HERE!!!


Contact us for more info on how we can get your property SOLD for you!

Call or email for more info!


Direct: 573-280-3054

Office: 573-348-9898


Email us at marylou@maryloustone.com

Events at the Lake

Looking for something to do at the Lake next month or for your upcoming visit? Check out the link to the event calendar below.

Click HERE for Events at the Lake

Latest Lake Real Estate Statistics

Above are statistics from our local MLS. December and January were fairly slow in terms of real estate. That's pretty typical considering the holidays and winter weather. We expect real estate to begin to pick up towards the end of the month. Usually by mid-March, things are back in full swing at the Lake all around.

Missouri Real Estate Statistics

Above are the most recent statewide real estate stats for Missouri.


For a more in-depth look at the past and current Missouri real estate statistics, click below. You'll be able to see detailed reports from 2015 to the present.


Click here for more info on Missouri's past and current Real Estate market!

Happy Clients

Do you have a positive experience working with the Mary Lou Stone Team? If so, would you take a moment to leave us a review? Your time and feedback is extremely valuable to us. Thank you!


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Mortgage Rates Fall Again is Good News for Homebuyers as Spring Begins

Provided by: Keith Griffith

Realtor.com

March 6th, 2025


Mortgage rates continued to drop this week, as economic uncertainty raised the prospects for further rate cuts from the Federal Reserve this year.

The average rate on 30-year fixed home loans dropped to 6.63% for the week ending March 6, down substantially from 6.76% the prior week, according to Freddie Mac. Rates averaged 6.88% a year ago.

Mortgage rates have now declined for seven consecutive weeks, returning to levels last seen in December after peaking at just above 7% in the middle of last month.


“As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,” says Freddie Mac Chief Economist Sam Khater. “The decline in rates increases prospective homebuyers’ purchasing power and should provide a strong incentive to make a move."


Mortgage rates have benefited from a combination of factors, including economic uncertainty and growing fears of a potential recession, which have reduced long-term borrowing costs.


Falling global oil prices have also been beneficial, reducing the prospects of continued high inflation. And stock market jitters, fueled by President Donald Trump's tariffs on Canada and Mexico, have driven investor cash into bonds, driving down long-term rates.

The rate relief is welcome for homebuyers as the spring buying and selling season kicks off. Still, most experts project that mortgage rates will remain above 6% through the end of the year and beyond.

"Though we expected a bit of good news on rates this week, we do not anticipate significant relief from high mortgage rates in the near future because of inflation remaining stubbornly high, which will not be helped by the tariffs that the Trump administration appears committed to rolling out," says Realtor.com® Senior Economist Joel Berner.

"Expectations of higher consumer prices in the future leads debt market investors to demand higher returns on their investments, indirectly pulling interest rates up at the same time that they deter the Federal Reserve from making direct cuts to interest rates," he adds.

Still, rates have already fallen enough to rekindle some homeowner interest in refinancing mortgages, says Khater.

"In fact, the refinance share of market mortgage applications released this week reached nearly 44%, the highest since mid-December,” he notes.


Prices down as new listings rise

The Realtor.com economic research team's weekly housing market update shows that for the week ending March 1, the median list price of homes on the market was down 0.3% from the same week last year.

It marked the 40th week in a row in which the national median home list price was either flat or declining on an annual basis, a stretch dating to June 2024.

Although median listing prices are modestly down, sales prices are up, due mainly to a faster sales pace at the higher end of the market. In other words, more expensive homes seem to be finding more buyers than modestly priced one.

Meanwhile, the number of new listings hitting the market last week was up 0.1% from last year, the eighth consecutive week of new listing growth.


Active inventory and time-on-market are up

The total number of homes for sale last week was up 27.6% from a year ago, due in part to a decrease in active buyers.

Homes are taking longer to sell than they did last year, with the typical home sitting on the market four days longer before going under contract.

"The housing market has not offered many exciting developments over the last year as home prices and mortgage rates remain stubbornly high," says Realtor.com Senior Economic Data Analyst Hannah Jones.

"However, ample for-sale inventory and climbing price reductions suggest that while buyers may see unaffordable housing costs at first glance, sellers are likely more flexible than in years past," she adds.

On-Goings at the Enclaves

Have you heard about the newest edition to the Grandview Community in Lake Ozark?!?


THE ENCLAVES are an addition to the Grandview Community; a fabulous, upscale development on Horseshoe Bend off of Carol Road. They are a wonderful alternative to condominium living at the Lake, with no one above or below. There are 14 planned villas, 7 which are complete and have sold, 2 which are complete and available for purchase, and 5 under construction .


Every villa has a fantastic view of the Lake and a wonderful floor plan. Each villa has 4 bedrooms, 3 or 4 bathrooms and features main level living, fireplaces, lakeside covered decks, 2 car garages and have many options and upgrades available. Boat slips in the community docks available, too!


The Grandview Community is comprised of homes villas and waterfront villas. Grandview is conveniently located in Lake Ozark, just minutes from restaurants, shopping, grocery stores, churches, golf courses, the water and more! Grandview amenities include community pool & clubhouse, private golf cart path to community docks, playground & basketball court, sidewalks and more! 90% of residents are year-round and enjoy holding monthly dinners and club house get-togethers, truly harboring a sense of community.


Click HERE to Take a Virtual Tour Inside The Newest Villas and Enclaves Building Site!


For more info or to request your FREE brochure (available digitally, too!) click the link HERE to send us a quick email or give us a call at the number below.


Call us to be the next resident at the Enclaves at Grandview!

573-280-3054

Events at the Lake

The Mary Lou Stone Team "The MLS Team"
Your Foundation for Real Estate Success

Mary Lou Stone

Broker/Listing & Sales Executive

573-280-3054

marylou@maryloustone.com

Kate Coffin

Listing & Sales Executive/Team Assistant

573-375-0952

kate@maryloustone.com

Marilyn Gilpin

Listing & Sales Executive

816-805-1253

marilyntsells@aol.com

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109 Horseshoe Bend Pkwy
Lake Ozark, MO 65049
573-348-9898
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