Covid has constrained many openings of our usual attractions but here is what’s opened right now. SEA LIFE Kansas City and LEGOLAND Discovery Center have reopened with a requirement to purchase tickets online in advance. Union Station’s restaurants and shops have begun reopening. Science City and the Arvin Gottlieb Planetarium at Union Station reopened to the public on Wednesday, June 17 … Continue
Forbearance Numbers Are Lower than Expected
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. … Continue
6 Weekend Improvements with Great Resale Value
Home, may it ever be so humble. No doubt, stay- at-home orders have driven us all to the home improvement stores to spruce our homes up a bit. If you’re still trying to decide which projects you can do in a weekend that will bring a high return when it’s time to sell, consider these: … Continue
Market Report: July 2020
Kansas City real estate market conditions report for July 2020.
Experts Weigh-In on the Remarkable Strength of the Housing Market
America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential … Continue
Market Report: June 2020
Kansas City real estate market conditions report for June 2020.
Taking Advantage of Homebuying Affordability in Today’s Market
Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase. … Continue
Latest Unemployment Report: Great News…for the Most Part
The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent news as the … Continue
New Index Reveals Impact of COVID-19 on Real Estate
Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home Price – Growth in asking … Continue
Market Report: May 2020
Kansas City real estate market conditions report for May 2020.
Kansas City Real Estate Market Update, May 2020
Maria O’Dell, Group O’Dell Real Estate Agent shares information on how COVID-19 has impacted the Kansas City housing market in May 2020.
Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and … Continue
