Kansas City Market Report 10-15-2024

Schedule a Consultation!



What we will cover...

Complete home buying/selling overview.

1) Introduction to myself and my services while you share your real estate goals.

2) Overview of the market and trends.

3) Home search criteria & buyer needs i.e. location, size, amenities, etc.

4) Home buying process explanation. Key milestones and timelines to expect.

5) Addressing questions and concerns.

6) Next Steps. Setting up plan for property viewings



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913-271-6383

Don't be a stranger!

Would love to hear your questions and feedback from the newsletter!

How Is the KC Real Estate Market?

• These stats are for Johnson county and Kansas city as a whole If you would like the stats in your specific county click here.

• Johnson county is still very healthy. The only reason a home in Johnson County is not selling is because it is overpriced. PRICE FIXES EVERYTHING. In the Johnson county market you can NOT underprice a home the market will always.
• If you are selling you need to price your home to ensure it SELLS within 30 days. Otherwise you lower your chances of selling to less than 22%. (See graphic directly below here)
• In JACKSON COUNTY there are some price points where homes are SITTING ON THE MARKET which as a buyer will allow you to do your due dilligence and buy the home at a reasonable price.

• We are in a seller's Market across the board (in Johnson county) until you get up to the Million dollar + price points. Depending on the price point and what county the market can be different.

• In reference to the graph above, we have come back to our pre-pandemic level. 4.9% appreciation is a very healthy appreciation level according to the chief economist for the national association of realtors.
• A lot of information to digest with all of these stats so I will be happy to take your call and answer any questions.

I featured all the stats directly below here. You can click the image to take you to the web page directly!

MORTGAGE RATES

Interest rates are currently at 6.62%

Download the mortgage news daily app to stay informed on what the national interest rates are at!

This market is NOT crazy but this market IS complex and shifting which is exactly why working with a qualified professional is essential to navigate this shifting market.

ALL IMAGES are hyperlinked to that website to see more.

7 Reasons to Work With a REALTOR®

Click here to be taken to the article.

I will add that it is essential to use a BUYERS AGENT, have a consultation and sign a "Buyers agency" that buyers agency document allows me ADVISE & ADVOCATE for YOU on your behalf. At that point I am no longer "The Realtor" I am "YOUR REALTOR"

1. Acts as an expert guide.
2. Offer objective information.
3. Give you expanded search power.
4. Stand in your corner during negotiations.
5. Ensure an up-to-date experience.
6. Be your rock during emotional moments.
7. Provide fair and ethical treatment.

Check out our app here for the most convenient way to continue your search.