The latest information on Kansas City area real estate market conditions
The Future of Home Price Appreciation and What It Means for You
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week … Continue
What’s Happening with Mortgage Rates, and Where Will They Go from Here?
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to … Continue
Parade of Hearts
In true Group O’Dell spirit, we want you to get out and explore the creativity of local artists across our beautiful metro. 154 hearts, 2 states and 1 Heartland! Come along and earn some prizes as you go. Ways to win by June 16, 2023: 1. Submit Your Photos Submit 5 photos from different heart … Continue
What You Can Expect from the Spring Housing Market
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune. Here’s … Continue
Are You Wondering if This Is the Year To Buy a Home?
Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census data, rents have risen consistently for … Continue
Free Shredding & E-Waste Recycling Event
It’s spring cleaning time! Bring your E-Waste items for proper disposal and anything that needs to be shredded! 1-800-GOT-JUNK will be on-site to help you unload your items and we will have the Shred-It truck on-site to shred all of your documents securely. Let us know if you’re planning to attend!
Market Report: February 2022
The latest information on Kansas City area real estate market conditions
How To Navigate a Market Where Multiple Offers Is the New Normal
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast and get multiple offers. Realtor.com has this to say: … Continue
Why It’s Critical To Price Your House Right
When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above list … Continue
![Supply and Demand in Today’s Market [INFOGRAPHIC]](https://groupodell.com/wp-content/uploads/2022/03/supply-and-demand-750x420.png)
Supply and Demand in Today’s Market [INFOGRAPHIC]
Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and … Continue
Game of Life
Please Join Us Wednesday, March 23, 2022 5:30pm – 7:30pm J. Rieger & Co., 2700 Guinotte Ave, KCMO If this year is your year to purchase property, this is a must attend event! Let’s play the Game of Life, have a cocktail, and speak to the experts about the process of purchasing in today’s market. … Continue
