THE INDEXKC- KANSAS CITY METRO MARKET UPDATE
Weekly KC Metro Market Update
Great news this week! Homes listed and homes sold numbers rose significantly as both buyers and sellers take advantage of falling interest rates!
Brett and Jenni had been looking for a home that carried good value all summer long. “Jenni, I hate that we keep losing these offers, it’s discouraging.”
Their Realtor had explained not to worry….”Rates dropped last week 1/2 point, and are hovering at 6.75% for well prepared buyers.”
Brett and Jenni got their offer accepted and are moving full-speed ahead, in spite of their initial concerns. Rates will likely fall to the mid 5’s and potentially high 4’s next spring; the perfect time to refinance….Long after they get their offer accepted this winter with very little competition.
If you’ve got questions regarding the impact of the shift on your search or the value of your home, we’ve got answers! Click the button below and let’s get you the information you need to be successful!