Prices Are Moving in the Right Direction Johnson County’s median sales price rose to $499,000 in June, up 2.9% from $485,000 a year ago. The average sales price climbed to $583,383 (+2.3%). Year-to-date, the median sits at $475,000 (+2.5%) and the average at $573,972 (+3.7%). Steady, healthy appreciation. As usual, nothing flashy. But the kind …
Most people choose their home based on lifestyle needs more so than investment potential. But some first-time homebuyers reverse that logic. I started my own real estate investing journey this way back in 2007 using a strategy now called “House Hacking”. It wasn’t a new concept back then, but the term wasn’t really popularized until …
Want better offers on your house? It starts with understanding one thing sellers frequently miscalculate: the asking price doesn’t determine the final sales price. The market does. You’ve probably noticed this yourself in the Kansas City market. Some houses list high and settle for less, while others list low and ignite a bidding war. If …
Prices Look Flat, But Look Closer Johnson County’s median price looks flat at $485,000 (same as last May). But when you isolate resale homes, the median inched up from $450,000 to $458,950 (+2%). New construction dipped slightly from $670,000 to $652,422. This is just normal variation, nothing alarming. What it means: if you own a …
Foreclosures are a very serious reality for many people. If that’s you, there are ways to correct course and get back on your feet. But in context, the number of foreclosures are nowhere near those seen in 2008. In fact, foreclosures as a percentage of all homes is in line or even below historical averages. …
Buying a home in Kansas City can be very exciting, but you’ll have some important decisions to make along the way. Below we will outline the process so you know what to expect, what things matter most, and how to have the confidence to move forward with each step. After that, we’ll cover an estimate …
A real estate mentor of mine once painted a picture about building wealth that’s stuck with me ever since. Imagine driving by 2 different parking lots on a Thursday night. One parking lot has a sign out front that reads: “Get Rich Slowly Seminar, Free Admission!” The other parking lot is in front of a …
When buying a house or making changes to your current one, it’s worth knowing what things affect resale value. Some things people love or don’t mind about a home are deal-breakers for others. As a real estate agent, I have this conversation often. Whether you’re a buyer touring houses or a homeowner making renovations, here’s …
Properly timing the sale of your home means aligning it with everything else that’s going on in your life. Whether you’re aiming to move during summer break or juggling the sale of your current home alongside buying another, knowing how much time you’ll need is key. Here’s a practical guide for how long it takes …
One question on the minds of many homeowners is “Should I sell now, or wait until rates come down?” It’s a fair question; here’s the honest answer: for most people in the Kansas City market, your personal situation matters far more than where rates (or prices) are going (or not going) in the near future. …