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Homebuyer Incentives

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  (New!)

  Dos and Don’ts of Homebuyer Incentives

  Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them. Read

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

Negotiate Your Best House Buy

• Negotiate Your Best House Buy

  Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home. Read

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

6 Reasons to Reduce Your Home Price

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  6 Reasons to Reduce Your Home Price

  While you’d like to get the best price for your home, consider our six reasons to reduce your home price.

Housing market diagnosis: Bipolar

Housing market diagnosis: Bipolar

If you are looking for Fun at Lake of the Ozarks... then check out this article on the upcoming AquaPalooza!
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Once you have had your fun, if you are interested in Lake of the Ozarks Real Estate, give us a call or email. We would love to work with you.

Horseshoe Bend Extension Project to include office, general commercial, institutional and retail use development

LAKE OZARK, MO. - Gov. Jay Nixon went to the Lake of the Ozarks today to announce state economic incentives for a development project that is expected to create several thousand construction and permanent jobs. The Governor awarded $4 million in Community Development Block Grant (CDBG) funds to the city of Lake Ozark for necessary road improvements for the Horseshoe Bend Extension Project, a 538-acre office, general commercial, institutional and retail use development.

The Governor was joined by local business and community leaders in making the announcement today at the site of the new development in Lake Ozark.

"The Horseshoe Bend Extension Project will have a major impact on the economy of the Lake of the Ozarks region not only for the next few years, but for decades, with the creation of thousands of new Missouri jobs," Gov. Nixon said. "This new development is another clear indication of the momentum of our state's economic recovery. My administration determined that these federal funds should be allocated to this project because of the excellent return on investment to taxpayers, in terms of jobs created."

The Horseshoe Bend Extension Project will remove blight and spur economic investment through the development of 2.9 million square feet of retail property, 637,000 square feet of commercial property and 2,140 residential workforce housing units.

The development's overall investment of more than $1 billion is projected to create 5,612 construction jobs with a total payroll of $169 million; and 10,616 permanent jobs, with an annual payroll of $163 million, according to studies produced by economic impact firms Development Initiatives, Piper Jaffray and Co. and Canyon Research Southwest. With predicted annual sales of $541.8 million upon completion, the project is expected to generate $765.1 million of revenues for all taxing districts over a 25-year period, including $337.7 million of state sales tax.

The project required construction of two miles of four-lane roadway between State Road HH and Business Highway 54, at a cost of $12.6 million. The proposed transportation infrastructure will be funded by the state of Missouri's $4 million CDBG award, plus $8.6 million in funding from the Missouri Department of Transportation and the federal government.

The Community Development Block Grant Program, administered by the Missouri Department of Economic Development (DED), provides grants and loan funds to cities with a population under 50,000 and counties under 200,000 to assist in a variety of public works and economic development projects.