The latest information on Kansas City area real estate market conditions
The Main Reason Mortgage Rates Are So High
Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Will Rates Go … Continue
Powerful Job Market Fuels Homebuyer Demand
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a … Continue
June 2023 – Calendar of Events
Downtown Days in Lee’s Summit – June 2-4 – Kick off summer with the free Downtown Days in Lee’s Summit! The fun includes live entertainment, craft beer tents, festival food, and carnival rides. Festa Italiana 2023 – June 2-4 – Live Music, Authentic Italian Food Booths, Kids Inflatable Play Area, Wine Tasting, Italian Motorsports show … Continue
Market Report: April 2023
The latest information on Kansas City area real estate market conditions
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the … Continue
The Three Factors Affecting Home Affordability Today
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, … Continue
2023 – 1st Quarter Market Report
Helpful information about Kansas City area real estate market performance over the last quarter
May 2023 – Calendar of Events
Peter Pan and Wendy – May 2nd – May 23rd – J.M. Barrie’s classic Peter Pan is reimagined for a new generation of theatergoers as a bright, charming, and empowering play for all ages. American Royal Youth Rodeo – May 2nd – May 3rd – The 2023 American Royal Youth Rodeo welcomes top student athletes … Continue
Market Report: March 2023
The latest information on Kansas City area real estate market conditions
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!
How Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship … Continue
