- View Johnson County Kansas Absorption Rates, Supply of Homes On The Market and More
- Housing Absorption Rates in Kansas City
- Options For Kansas City Homes Sellers In A Buyer's Market
- Real Estate Marketing Strategies - Kansas City Home Buyers & Sellers
- Overland Park Kansas Has A Lot To Offer Kansas City Relocation Home Buyers
- Lenexa KS Real Estate Market Stats
- Overland Park Kansas Real Estate Market Stats
- Johnson County Kansas Real Estate Market Stats - Leawood, Overland Park, Olathe, Shawnee, Lenexa, Gardner...
- Kansas City Market Update * Kansas City Homes For Sale * Kansas City Realtors
- Kansas City New Home Construction * Kansas City Real Estate * Kansas City Homes For Sale
View Johnson County Kansas Absorption Rates, Supply of Homes On The Market and More
In Johnson County Kansas, taking the $250,000 to $300,000 price range for example, there are 90 homes being sold per month (on average over the past 12 months) and with the 531 homes currently on the market it would take about 6 months to sell all of these homes. Keep in mind that if the number of homes sold per month picks up then the months of supply will... (Read the rest at our Official Kansas City real estate blog)
Housing Absorption Rates in Kansas City
As we prepare for the spring real estate market here in Kansas City, I thought I'd take a look at our local housing absorption rates. We are in a buyer's market right now and analyzing the local absorption rates will help determine how far we have to go to get back to an equilibrium. In addition to posting the following statistics, we'll come back in a couple of months and see how the local real estate market is... (Read the rest at our Official Kansas City real estate blog)
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Options For Kansas City Homes Sellers In A Buyer's Market
What is a seller to do in the current buyer's market we have in Kansas City? I often get asked that question and my first answer is anything and everything. Seriously, anything a seller can do to position themselves ahead of the competition is worth doing. Attention to the smallest of details could make the difference between a home selling or not selling. Should a seller vacuum before every showing. Yes they should. Should a seller wipe down the center island before a showing. Yes they should. If it snowed overnight, should a seller shovel the snow off the driveway and sidewalks before they leave for work. Yes they should. I could go on and on. Each time a seller walks out the door they should ask themselves, "Is there anything more I can do?", because you... (Read the rest at our Official Kansas City Real Estate Blog)
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Real Estate Marketing Strategies - Kansas City Home Buyers & Sellers
When outlining the ongoing strategies for the marketing of our listings and our plan for assisting home buyers, we always consider what the online impact is to the home buyers and home sellers.
For home buyers we provide as much up front information as possible online. We follow up occasionally by email but never by phone (unless requested to do so). Because the average online buyer is months away from buying a home, providing a useful site and maintaining a patient approach is imperative. Doing so has proven to be very effective as buyers will contact us later when the time is right. It's certainly a pattern seen time and time again and a good example is a lady who logged into our site 156 ... (read the rest at our Official Kansas City Real Estate Blog)
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Overland Park Kansas Has A Lot To Offer Kansas City Relocation Home Buyers
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Lenexa KS Real Estate Market Stats
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Overland Park Kansas Real Estate Market Stats
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Johnson County Kansas Real Estate Market Stats - Leawood, Overland Park, Olathe, Shawnee, Lenexa, Gardner...
Jason Brown Premier Realty Group |
Johnson County Kansas Real Estate Market Stats (3rd Quarter 2007): The average sales price of homes in Johnson County KS was $273,300 - up from $270,900 over the 2nd quarter. Nearly the same number of homes... (read the rest by clicking here >> KANSAS CITY REAL ESTATE NEWS BLOG)
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Every Kansas City Real Estate Transaction Begins With A Vision. What's Yours? Go straight to the Kansas City real estate information that you seek... |
Kansas City Market Update * Kansas City Homes For Sale * Kansas City Realtors
Metropolitan Kansas City - March Real Estate Market Comparison
Comparison of March 2007 sales to March 2006 sales:
March 2007 - 2,631 sales
March 2006 - 2,895 sales
Comparison of March 2007 sales to February 2007 sales:
March 2007 - 2,631 sales
February 2007 (short month) - 2,054
Notes: (1) sales include residential, multidwelling, lots, land, etc., (2) In March there were 6,722 new residential listings, at that point bringing the total number of residential homes for sale on the market to 25,609. During the month of March 2,937 homes were sold (closed). Another 5,002 residential homes had contracts pending on them at months end.
Jason Brown Premier Realty Group - Kansas City Realtors
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Kansas City New Home Construction * Kansas City Real Estate * Kansas City Homes For Sale
Realtors should prepare themselves before writing up an offer on new home construction. Before you sit down with your Kansas City homebuyers, plan ahead. Don't be afraid to ask questions of other agents in your office or the project agents you are about to deal with. Remember though that a project agents assistance will be slanted towards the builders they represent. It's also best to let your buyers know up front that each new home construction deal is a little different than than the last. Specifically prepare your clients for the following possibilities that may arise when it's time to write up the offer: The project agents may (1) encourage you and your homebuyer to come in and sit down with them to write up the offer, (2) prefer that you write up the offer on your time and at your own place, (3) have you come in to write up the offer but actually have YOU fill out the documents (rather than them doing it). Unless you have dealt with the new home community before, you never know what you're going to get.
Remember this tip when assisting buyers in Kansas City or Johnson County KS: BEFORE your buyer is ready to write up an offer, contact the project agents. Tell them you may be writing up an offer and need to know what (if any) special community addendums are necessary. It is rare anymore that a community doesn't have it's own special community addendum(s) to include in the contract. Things like "water your sod because it's your responsibility after installation", "the following special assessments apply", etc. I have dealt in hundreds of new home construction sales and feel it is very important to drive to the community and ask them to provide me any special addendums that apply. Although I have in depth knowledge of new home construction, I still ask the question "is there anything special I need to know or should be aware of when writing up this offer?" It's not a sign of a weak agent who does this. Quite the contrary, it is the sign of an agent who wants to be knowledgeable about THAT specific new home community's process and do things write the first time. Doing this will make writing up the offer 100 times easier for you and is guaranteed to make you more confident when doing so.
Getting the documents ahead of time also allows your buyer (and you) to review them and be prepared before sitting down to write up the offer. They can ask you questions and you can pass those questions on to the project agents/builder BEFORE you sit down to write up the offer. This will lessen the length of time it takes to sit down with a buyer and write up the offer. If a homebuilder is using his own contract documents (rather than the KCRAR board forms), that is all the more reason to get them ahead of time so you and your buyer can review them (in that scenario your buyer may even want to have their attorney review it prior).
New Home Construction can be a very enjoyable process with a littler preparation. The preparation should always start with the builder chosen, but I'll comment on that another time...
Jason Brown, Kansas City Realtor
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