Broker Mike Cooper of Equibuilder Realty asks can the pricing sustain? CNN noted Branson, Missouri is a great place to buy real estate. As the rest of the national real estate market has experienced rapid increases the Branson market was considered one of the top 10 places to buy land. Sales have been steady but inventory on the market is rising. Though the news firm suggests it's the low prices for lake front property local realtors have made another suggestion - Taxes...
Low property taxes make Branson look like a good place to retire particularly for people coming from markets such as Illinois where property tax is notably high. Mike also notes that though inventory is rising, sales are steady but nor rising with pace suggesting a rise in average time on market - especially if sellers want to see high returns.
