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Market Stats The Real Benefits of Buying a Home This Year Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach. But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term […]
Market Stats 3 Reasons To Buy a Home Before Spring Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?” But here’s the thing, no one knows for sure where mortgage rates will go from here, and […]
Market Stats 2025 Housing Market Forecasts Some Highlights Wondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead. Mortgage rates are projected to come down slightly. Home prices are forecast to rise in most areas. And, there will be more homes available for sale. Want to know more about what this could mean for your plans […]
Market Stats $335,000 – 16600 W 146th St., Olathe, KS 66062 NEW Listing – $335,000 Raised Ranch 🏡 – 3 Bed 🛏️ – 2 Bath🛁 Finished Basement w/ Rec Room – 2 Tier Deck – Fenced Yard 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 […]
Market Stats Greater KC area Fast Stats – September 2024 Market Highlights Kansas City Metro Area September 24′ vs September 23′ Home sales are ↘️ 4.9% to 2,843 closed sales. Home prices are ↗️ 7.7% to $365,051 average sales price. Home inventory ↗️ 6.8%  to 7,321 total homes available. Home monthly supplies are ↗️ 8.7% to 2.5 months supply. Average days on the market are […]
Market Stats Secrets To Selling Your House Quickly Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see graph below): A recent post from Realtor.com notes a similar trend: “During the week […]
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 […]
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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 ↘️ […]
Real Estate Mortgage Rates Down a Full Percent from Recent High Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may be getting your wish. Mortgage […]
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 […]
Real Estate The Biggest Mistakes Sellers Are Making Right Now The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing. And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust your strategy or expectations to today’s market. And […]
Real Estate When You Need a Written Buyer’s Agency Agreement Things consumers should know after 8/17/24.:  If you are a buyer and your agent is using an MLS, you will need to sign a written agreement with your agent before touring a home so you understand exactly what services will be provided, and for how much. Written agreements are required for both in-person and live […]
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 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 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 […]

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