Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s … Continue
Kansas City Real Estate News
What's happening in and around Kansas City Real Estate
Join us for our Fall Festival
Group O’Dell invites you to join us as we welcome the Fall season and say thank you to our clients and friends who have supported us through the years. Saturday, October 1 from 10:00am – 1:00pm Shawnee Mission Park, Shelter #8 Rain or Shine – Don’t Worry, It’s Gonna Shine! The fun includes: Pumpkins, Pony … Continue
September 2022 Calendar of Events
SEPT 2-4 Kansas City Irish Fest Crown Center It is the mission of Kansas City Irish Fest to graciously provide our local and regional community with the best, friendliest and most enjoyable Irish cultural weekend in Kansas City by creating and presenting the best blend of music, education and (great) craic. TICKETS SEPT 3-4 KC … Continue
Experts Increase 2022 Home Price Projections
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 … Continue
Market Report: July 2022
The latest information on Kansas City area real estate market conditions
Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity. Today, … Continue
Why It’s Still a Sellers’ Market
As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal. Even though the supply of homes … Continue
Buying a Home May Make More Financial Sense Than Renting One
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan areas reached $1,876 in … Continue
2022 2nd Quarter Market Report
Helpful information about Kansas City area real estate market performance over the last quarter
A Window of Opportunity for Homebuyers
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a … Continue
August 2022 Calendar of Events
JUL 30 – AUG 6 Theatre in the Park Shawnee Mission Park, 7710 Renner Rd in Shawnee KS Adapted from the iconic Nickelodeon series! SpongeBob, Patrick, Sandy, Squidward, and all of Bikini Bottom face total annihilation—until a most unexpected hero rises to take center stage. Buy anytime tickets now. AUG 5, 19, 20, 26 Sounds … Continue
Should I Buy a Home Right Now?
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of … Continue
