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Market Stats Is It Better To Rent or Buy a Home? You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? With high home prices and stubborn mortgage rates, renting can seem like the safer choice right now. Or maybe your only choice. That’s a very real feeling. And perhaps buying today isn’t your best move; it’s not for everyone right away. You […]
Market Stats The Secret To Selling Your House in Today’s Market A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door. But today’s housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting […]
Market Stats Real Estate Is Voted the Best Long-Term Investment 12 Years in a Row Sources: Gallup, First American Some Highlights In a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now. That’s because homeownership is one of the top ways to build your wealth, even with home price growth moderating and ongoing economic uncertainty. If you’ve been […]
Market Stats More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of […]
Market Stats Greater KC area Fast Stats – April 2025 Market Highlights Kansas City Metro Area April 25′ vs April 24′ Home sales are down0.6% to 3,216 closed sales. Home prices are up  2.1% to $362,367 average sales price. Home inventory is up  9.2%  to 7,070 total homes available. Home monthly supplies are up  to 2.3 months supply. Average days on the market are level […]
Market Stats Why You’ll Want a Home Inspection Source: NAR, Realtor.com Some Highlights Once your offer is accepted, an inspector will assess the condition of the house, including things like the roof, foundation, plumbing, and more. That information is incredibly important and paves the way for you to re-negotiate with the seller, as needed. So, you don’t want to skip this step. An inspection is your chance […]
Market Stats Why Some Homes Sell Faster Than Others As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says: “. . . today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices have created a strange mix: Some homes are flying off the market, […]
Market Stats Stocks May Be Volatile, but Home Values Aren’t With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about […]
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Market Stats Your Home Equity Could Make Moving Possible Sources: Freddie Mac, Cotality (formerly CoreLogic), Census, ATTOM Some Highlights Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity. Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in […]
Market Stats A Tale of Two Housing Markets For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy. But lately, things are starting to shift. Some areas are still super competitive for buyers, while others are seeing more homes sit on the market, giving buyers a bit more […]
Market Stats Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great. Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – […]
Market Stats You Finally Have More Options for Your Move Sources: Realtor.com, Redfin Some Highlights If you put your home search on hold because you couldn’t find anything you liked in your budget, it’s time to try again. ​ There’s a much wider selection of homes for sale, with more fresh listings hitting the market each month. With more options come more possibilities. Connect with an agent if you […]
Market Stats What’s Your House Worth Now? The Answer May Surprise You Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth. But when it comes to your financial situation, it’s an important thing to remember. When’s the last time you had a professional show you the value of your home? Think about […]
Market Stats What You Can Do When Mortgage Rates Are a Moving Target Have you seen where mortgage rates have been lately? One day they go down a little. The next day, they go back up again. It can feel confusing and even frustrating if you’re trying to decide whether now’s a good time to buy a home. Take a look at the graph below. It uses data from Mortgage News […]
Market Stats If the Asking Price Isn’t Compelling, It’s Not Selling Sources: Realtor.com, Bankrate Some Highlights Unfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.​ Some of the most common reasons this is happening are that they’re not paying attention to current market conditions or they’re trying to leave room for negotiation. The best way to […]
Market Stats Greater KC area Fast Stats – March 2025 Market Highlights Kansas City Metro Area March 25′ vs March 24′ Home sales are down4.9% to 2,707 closed sales. Home prices are up  8.2% to $360,638 average sales price. Home inventory is up  7.1%  to 6,560 total homes available. Home monthly supplies are up  to 2.2 months supply. Average days on the market are up  […]
Market Stats House Hunting Just Got Easier – Here’s Why If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains: “Now is the best time to buy in the last two […]
Market Stats Things To Avoid After You Apply for a Mortgage Some Highlights Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application. Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may surprise you, don’t buy […]
Market Stats The #1 Thing Sellers Need To Know About Their Asking Price When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but […]
Market Stats Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again Last year, 70% of buyers abandoned their home search – and maybe you were one of them. It makes sense. Inventory was low, prices were high, and mortgage rates were up and down like a rollercoaster. All of that made it really hard to find a home you loved – and could afford. But guess what? The […]

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