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THE INDEXKC- KANSAS CITY METRO MARKET UPDATE
THE INDEXKC- KANSAS CITY METRO MARKET UPDATE Weekly KC Metro Market Update Average sales value dipped slightly, losing 10% of their value last week, while days on market decreased 16%, while days on market dropped from 50 to 43 days. Average sales value dropped below average list values. And crazier still is the increase in... Read More
What You Should Know About Rising Mortgage Rates
What You Should Know About Rising Mortgage Rates After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be... Read More
One Major Benefit of Investing in a Home
One Major Benefit of Investing in a Home One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring... Read More
4 Reasons Kansas City Is Still In A Sellers Market
4 Reasons Kansas City Is Still In A Sellers Market Inventory numbers are up across the Kansas City Metro. Mortgage rates continue to go up. So why are we still seeing multiple competing offers on homes and fast sales? We’ve got 4 reasons for you. 1. Mortgage Rates Will Continue To Climb It’s all over... Read More
Checklist for Selling Your House This Spring [INFOGRAPHIC]
Checklist for Selling Your House This Spring [INFOGRAPHIC] Some Highlights As you get ready to sell your house, there are specific things you can add to your to-do list. These include decluttering, taking down personal photos and items, and power washing outdoor surfaces. Let’s connect so you have advice on what you may want to do to... Read More
How To Make Your Dream of Homeownership a Reality
How To Make Your Dream of Homeownership a Reality According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans will... Read More
A Smaller Home Could Be Your Best Option
A Smaller Home Could Be Your Best Option Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National... Read More
THE INDEXKC- LEAVENWORTH BASEHOR TONGANOXIE MARKET UPDATE
THE INDEXKC- LEAVENWORTH BASEHOR TONGANOXIE MARKET UPDATE Weekly KC Metro Market Update Leavenworth and Tonganoxie remain affordable when compared to the rest of the Kansas City Metro, while Basehor homes are holding their values more strongly, at a higher level. Why? New construction represents a greater portion of of the homes sold in Basehor, and... Read More
THE INDEXKC- LEAVENWORTH COUNTY KANSAS MARKET UPDATE
THE INDEXKC- LEAVENWORTH COUNTY KANSAS MARKET UPDATE Weekly KC Metro Market Update Leavenworth County, Kansas continues to demonstrate a strong micromarket in the Kansas City Metro….Pending sales are greater than current sales, and the combined values of homes listed, price reductions, and back on market are greater than the number of pending sales. Knowing your... Read More
The Two Big Issues the Housing Market’s Facing Right Now
The Two Big Issues the Housing Market’s Facing Right Now The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.”... Read More