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
Market Report: June 2022
The latest information on Kansas City area real estate market conditions
The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year rate was down to 5.30% from … Continue
![Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]](https://groupodell.com/wp-content/uploads/2022/07/2022-07-08_14-14-25-750x420.jpg)
Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find out how much equity you have in … Continue
If You’re Selling Your House This Summer, Hiring a Pro Is Critical
It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated … Continue
July 2022 Calendar of Events
JUL 2 Paw-triotic Pet Parade 8750 Penrose Ln., Lenexa, KS at 11 AM This festive, pet-friendly celebration features strutting mutts in costume, pop-up vendors selling pet-related products and treats for humans and dogs alike. Parade begins at 11 a.m. JUL 2 Stars and Stripes Picnic Liberty Memorial at 3 PM – FREE Music, artists, activities, … Continue
