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KANSAS CITY REAL ESTATE BLOG

BlogJeff Kind2022-10-28T21:02:34-05:00
Jen Schellhase2022-10-28T17:18:37-05:00

Why Now Is the Right Time to Buy or Sell a Home

Jen Schellhase2022-10-28T17:18:37-05:00October 28th, 2022|0 Comments

The U.S. real estate market has experienced a slowdown in 2022, thanks to higher interest rates and ongoing inflation concerns that have taken a toll on the economy. The result is a smaller number [...]

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The number of condos for sale is growing. Right The number of condos for sale is growing. Right now, we’ve got the second highest amount we’ve seen in the last 3 years. And nearly double the supply we had in early 2022. That opens doors for you. If you’re looking for a condo, you have more options and less competition. And since there are more for sale, many sellers are more open to negotiating. So, you may be able to get a better price. Could a condo check more boxes than you expected? Let’s talk about what’s available and see if one might be a good fit for you. #Condos #Homebuying #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!
More Contracts Are Falling Through. Here’s How T More Contracts Are Falling Through. Here’s How To Get Ahead. If you want to avoid potential snags in your deal, a pre-listing inspection could be the way to go. Let’s talk about whether a pre-listing inspection is the right move for your house and market. Would you rather find out about a major repair now, when you can handle it on your terms – or after you’re under contract, when the clock is ticking? #PreListingInspection #SellYourHouse #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!
Nearly half of sellers today are making concession Nearly half of sellers today are making concessions to close the deal, whether that’s covering closing costs, offering repairs, or even throwing in a few extras. Why? Because buyers have more options now, and standing out takes strategy. The good news is, with prices still up roughly 55% over the past five years, most sellers have room to negotiate and still come out ahead. Want to know which concessions are helping homes sell fastest in our market? Send me a message or drop a comment here. #SellerConcessions #HomeSellingTips #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!
Are These Myths About Buying a Newly Built Home Ho Are These Myths About Buying a Newly Built Home Holding You Back? Don’t let misconceptions keep you from exploring one of the most promising options in today’s housing market. Whether you’re curious about what’s being built nearby or wondering if a new home fits your budget, let’s connect and take a closer look. You might be surprised by what’s out there. #NewHomeConstruction #HomeBuilder #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!
Everyone’s waiting for rates to fall. And accord Everyone’s waiting for rates to fall. And according to NAR, the magic number they're hoping for is 6%. But is that number on the horizon? Most forecasts say rates will stay in the mid-to-low sixes through the end of next year. But right after the latest weaker than expected jobs report, rates hit their lowest point so far this year (6.55%). And that sparked hope they’re on their way down. Ultimately, what happens from here all depends on the next round of economic reports. As of right now, experts agree a bit drop isn’t expected, but small changes are possible. Here’s what to watch. When rates do fall to 6%, it could unlock 5.5 million more buyers. So waiting would mean dealing with a lot more competition. And less negotiating power. If you’re hoping to buy and you’re able to make the numbers work today, buying now might actually be to your advantage. Want to talk about your options before the rush hits? #MortgageRates #HomebuyingTips #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!
Is It Better To Buy Now or Wait for Lower Mortgage Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff Rates aren't expected to hit 6% this year. But when they do, you’ll have to deal with more competition as other buyers jump back in. If you want less pressure and more negotiating power, that opportunity is already here – and it might not last for long. It all depends on what happens in the economy next. Let’s talk about what’s happening in our area and whether it makes sense to make your move now, before everyone else does. #MortgageRates #HousingMarketForecasts #homesbyjenkc #simpliHOM Message me if you'd like to talk about buying or selling!

Jennifer Schellhase

Buying or selling real estate is a big investment and you’ll need someone who can guide you through the local market. Protect your investment with a trusted local expert.

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