Tips for Sellers

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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 […]
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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 […]
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 […]
Market Stats Avoid Wire Fraud – Personal Email Rules Fraud attempts happen when individuals (Buyers & Sellers) have provided email credentials in a phishing attack at some point in the past. These may have happened 5-20+ year ago without your knowledge but could effect you today. Scammers set rules in your email account to forward legit emails and then delete the forward automatically. This […]
Market Stats Top 5 Reasons To Hire an Agent When Buying a Home Some Highlights Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over contracts and fine print with you, so you understand what you’re agreeing to. Plus, they’re good at negotiating, making sure you get the best deal. Expert advice from a trusted real estate professional is priceless. Connect with a local […]
Market Stats 4 Tips To Make Your Strongest Offer on a Home Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. Remember these […]
Market Stats Why Spring Is the Best Time To Sell Your Home Selling this Spring As winter ends, a burst of activity takes over the property market and potential buyers come calling. During this time, the housing market can also just look more appealing, accented with emerging greenery and the start of colorful blooms. Learn why spring is the best time to sell your home, and why this is […]

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