7500 NW Autumn St, KC, MO 64152-JUST LISTED!

7500_NW_AutumnCheck out this great side to side split in Park Hill School District!   Vaulted ceilings, hardwood floors, SS appliance, 1,530 sq ft. Home used to be a 3 bedroom that was converted to a 2 bedroom to create an expansive primary bedroom. Daylight, walkout finished basement w/2nd bathroom. The subbasement has storage, built in shelving and washer/dryer hook ups. Contact Anica at 816-719-3300 for more information. Priced at $210,000 selling as is-great house!

Hardware and Fixture Updates When Time to Sell

Hardware and FIxture Updates When Time to Sell

Here are some relatively simple upgrades you can make to your home, as you prepare it for sale. When prioritizing where to start, tackle high traffic areas first and anything dated! Switching your hardware and fixtures to nickel or brass helps create a simple, classic aesthetic. What’s the most dated area of your home? #thehelpfulagent #home #houseexpert #house #listreports #homeowner #realestate #themoreyouknow #icanhelp #hometips #homestyle #realestateagent #realtor

Sellers-Now is great time to put your house on the market

Housing Challenge or Housing Opportunity? It Depends.

Housing Challenge or Housing Opportunity? It Depends. | MyKCM

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically.

There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years. Today, across the country, there is only a 2.4-month supply of homes available for sale.Housing Challenge or Housing Opportunity? It Depends. | MyKCM

The Opportunity 

This lack of homes for sale is creating a challenge for many buyers who are growing frustrated in their search. On the other hand, this is a huge opportunity for sellers as low supply is driving up home values. According to CoreLogic, the average home has appreciated by more than $50,000 over the past year. And for many homeowners, that’s opening new doors as they re-think their needs and use their equity to move up or downsize.

According to Dr. Frank Nothaft, Chief Economist at CoreLogic:

“The average homeowner with a mortgage has more than $200,000 in home equity as of mid-2021.”

Today, many sellers are taking advantage of low interest rates and the equity they have in their homes to make a move.

Bottom Line

The biggest challenge in real estate is the lack of homes for sale, but this challenge is also an opportunity for sellers. If you’re thinking about selling your house, let’s connect to start the process.