THE INDEXKC- KANSAS CITY METRO MARKET UPDATE
Weekly KC Metro Market Update
Gio and Remy had been looking for a Kansas City home on acreage all summer long. “Gio, have you been paying attention to rising days on market? Up from 41 days to 47 days in just a week.”
Their Realtor, Scott Willis, had explained opportunity is right around the corner….”Rates dropped last week and sales prices also dropped 8% over last week.”
Remy and Gio are paying close attention as the number of price reductions are also down, add that to fewer homes coming to market and they’ll see the market stiffen a bit if interest rates rise next week.
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!