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Market Stats Mortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s […]
Market Stats Checklist for Getting Your House Ready To Sell Some Highlights Getting your house ready to sell? Here’s a few tips on what you may want to do to prepare. Focus on making it inviting, showing it’s cared for, and boosting your curb appeal. If you want specific advice to help your house stand out in your local market, connect with a real estate professional.​ This […]
Market Stats Greater KC area Fast Stats – August 2024 Market Highlights Kansas City Metro Area August 24′ vs August 23′ Home sales are ↘️ 2.0% to 3,460 closed sales. Home prices are ↗️ 2.8% to $362,222 average sales price. Home inventory ↗️ 10.1%  to 7,050 total homes available. Home monthly supplies are ↗️ 14.3% to 2.4 months supply. Average days on market are ↗️ […]
Market Stats Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances, including things like your W-2, tax returns, credit score, and bank statements, to […]
Market Stats The Number One Mistake Sellers Are Making: Overpricing Their House In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. Data from Realtor.com shows the number of homeowners realizing this […]
Market Stats How Mortgage Rate Changes Impact Your Homebuying Power If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have been […]
Market Stats Is Affordability Starting To Improve? Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Housing affordability is improving ever […]
Market Stats Greater KC area Fast Stats – July 2024 Market Highlights Kansas City Metro Area July 24′ vs July 23′ Home sales are ↗️ 4.9% to 3,539 closed sales. Home prices are ↗️ 4.3% to $368,166 average sales price. Home inventory ↗️ 7.8%  to 6,590 total homes available. Home monthly supplies are ↗️ 10.0% to 2.2 months supply. Average days on market are ↘️ […]
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Market Stats 3 Reasons Why We’re Not Headed for a Housing Crash **Sources: NAR, Census, ATTOM, Bankrate** Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data shows there just aren’t enough […]
Market Stats The Biggest Mistakes Homebuyers Are Making Right Now Some Highlights Want to know the biggest mistakes homebuyers are making today? They include everything from putting off pre-approval for too long, holding out for the perfect home, buying more than they can afford, and skipping out on hiring a pro. Connect with a real estate agent to make sure you have a pro on your side who can help you avoid […]
Market Stats Greater KC area Fast Stats – June 2024 Market Highlights Kansas City Metro Area June 24′ vs June 23′ Home sales are ↘️ 13.1% to 3,472 closed sales. Home prices are ↗️ 4.2% to $382,567 average sales price. Home inventory ↗️ 5.0%  to 6,305 total homes available. Home monthly supplies are ↗️ 10.5% to 2.1 months supply. Average days on market are ↗️ […]
Market Stats The Price of Perfection: Don’t Wait for the Perfect Home In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying your dream of homeownership. As Bankrate explains: “One of the most common first-time homebuyer […]
Market Stats Greater KC area Fast Stats – May 2024 Market Highlights Kansas City Metro Area May 24′ vs May 23′ Home sales are ↗️ 2.3% to 3,757 closed sales. Home prices are ↗️ 2.8% to $368,471 average sales price. Home inventory ↗️ 8.4%  to 6,229 total homes available. Home monthly supplies are ↗️ 16.7% to 2.1 months supply. Average days on market are ➡️ […]
Market Stats Do Elections Impact the Housing Market? The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans. Historically, Presidential […]
Market Stats $600,000 – 14975 Roxburghe St., Olathe, KS 66061 NEW Listing – $600,000 2 Story 🏡 – 4 Bed 🛏️ – 4.1 Bath🛁 – 🏌️Backs to 9th Fairway⛳️ Finished Walkout Basement w/ Wet-Bar – Fire Pit Schedule a showing today! Have a great day, Gregory Weis 913-579-4106  Cell 913-631-2900  Office gweis@cbregan.com             Oh, by the way®… if you know of someone who […]
Market Stats $400,000 – 5701 W 78th St., Prairie Village, KS 66208 NEW Listing – $400,000 S/S Split 🏡 – 3 Bed 🛏️ – 3 Bath🛁 Finished Basement – Fenced Yard – Fire Pit Schedule a showing today! Have a great day, Gregory Weis 913-579-4106  Cell 913-631-2900  Office gweis@cbregan.com             Oh, by the way®… if you know of someone who would appreciate the level of […]
Market Stats $229,000 – 909 S. Broadway St., Leavenworth, KS 66048 Completely Renovated – NEW PRICE – $229,000 1.5 Story🏡 – 4 Bed 🛏️ – 2 Bath🛁 Fenced Yard – Parking in Back Schedule a showing today! Have a great day, Gregory Weis 913-579-4106  Cell 913-631-2900  Office gweis@cbregan.com             Oh, by the way®… if you know of someone who would appreciate the level of […]
Market Stats Now’s a Great Time to Sell Your House Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move. Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below): Why Are […]
Market Stats Quarterly Skinny – Q1 2024  Market Highlights Kansas City Metro Area Q1 24′ vs Q1 23′ Pending Sales ⏫ 4.9% Closed Sales 🔻 2.6% Available Homes for Sale 🔻1.8% Sales Prices ⏫ 4.2% Percent of Original Price Received 🔻to 97.3% If you have more questions about this information, feel free to reach out for more information. Have a great day, Gregory Weis […]
Market Stats Myths About the 2024 Housing Market Some Highlights When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Lean on a real estate professional to […]

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