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Good Information On Local Kansas City Housing Market

Here are a couple of articles from the Kansas City Star with some factual information on the real estate market.  They answer a lot of questions about the local market her in Kansas City, and it's exactly what I've been presenting to our clients.  Let me know your thoughts when you've read them.

Housing Market, Part 1

Housing Market, Part 2

cotnact me at Anita@IntegrityRealtykc.com

Home Review Newsletter

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March Home Review: Download mar_08_home_review.pdf

So, What's Good About the Real Estate Market?

To be honest, plenty!

• Interest Rates are extremely low
• Home values have leveled off, which means savings for first time home buyers
• Home values have leveled off, which means savings for move-up home buyers (take a 1-5 percent hit on selling your $200,000 home and gaina 1-10 percent GAIN on a $400,000)
• Investment opportunities are huge - buy up those foreclosures from the banks, fix them up and either rent or re-sell them at a profit.  Banks DO NOT want to hold on to real estate
• Buy CASH - banks and home owners love it and you can get a discount
• The market is very localized - do your homework prior to purchasing, especially investment properties so you are sure you can sell at a profit