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Kansas City real estate and community news blog featuring Olathe and Overland Park, Kansas.
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The median estimated home value in Olathe, Kansas has increased 4% in the past month to $189,860. Thinking of selling or buying a home in Olathe, lets talk . . . Real Estate is selling fast in Olathe and with the decrease of available properties, home values are increasing. Review this neighborhood housing report for more Olathe, Kansas housing stats. Thanks for visiting this blog. Feel free to visit the Dowell Family Team on: Kansas City Keller Williams WebsiteOlathe, Overland Park and Gardner WebsiteGoogle+Facebook  
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Despite home values in Olathe, Kansas increasing 3.74% in the past 12 months, home values dropped 2.63% in the past month. Thinking of buying a home in Olathe? Lets talk . . .
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Olathe, Kansas Real Estate Stats
With the estimated home value increasing 4.4% in the past year, the median estimated home value in Olathe, Kansas of $191,000 is below the median estimated home value for Johnson County, Kansas.
Thinking about buying or selling a home in Olathe?
Comments are appreciated! Go ahead and add your 2 cents . . .
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Top 20 Selling Subdivisions in Olathe, Kansas in the Past 6 Months Olathe, KS. Real Estate Stats
1) 30 homes sold with an average sales price of $150,245 in the Havencroft Subdivision.2) 24 homes sold with an average sales price of $373,160 in the Prairie Point Subdivision.3) 18 homes sold with an average sales price of $160,324 in the South Hampton Subdivision.4) 17 homes sold with an average sales price of $476,274 in the Cedar Creek Southglen Woods Subdivision.5) 16 homes sold with an average sales price of $229,021 in the Northwood Trails Subdivision.6) 15 homes sold with an average sales price of $379,289 in the Forest View The Hills Subdiivision.7) 15 homes sold with an average sales price of $285,672 in the Cedar Ridge Park Subdivision.8) 15 homes sold with an average sales price of $182,463 in the Persimmon Hill Subdivision.9) 15 homes sold with an average sales price of $130,537 in the Devonshire Subdivision.10) 12 homes sold with an average sales price of $498,875 in the Cedar Creek Shadow Highlands Subdivision.11) 12 homes sold with an average sales price of $381,411 in the Avignon Subdivision.12) 12 homes sold with an average sales price of $329,667 in the Arbor Creek The Estates Subdivision.13) 12 homes sold with an average sales price of $214,858 in the Palisade Park Subdivision.14) 12 homes sold with an average sales price of $178,066 in the Arbor Woods Subdivision.15) 11 homes sold with an average sales price of $282,851 in the Prairie Farms Subdivision.16) 11 homes sold with an average sales price of $184,964 in the Woodbrook Subdivision17) 10 homes sold with an average sales price of $429165 in the Forest View The Estates Subdivision.18) 10 homes sold with an average sales price of $280,426 in the Forest Hills- The Meadows Subdivision.19) 10 homes sold with an average sales price of $244550 in the Foxfield Village Subdivision.20) 10 homes sold with an average sales price of $210600 in the Walnut Creek Subdivision.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
Contact us at 913.712.9204
Another blog post written by: Dowell Taggart Team
Comments are appreciated! Go ahead and add your 2 cents . . .
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FOR IMMEDIATE RELEASE: 06/06/2012
The Dowell Taggart Team sponsors a new Olathe Community Website
The Dowell Taggart Team is sponsoring a new Olathe community website on Facebook to help the residents of Olathe be informed about the community; as well as, become a communication source for the residents. New members who Like the Olathe Connect Page on Facebook are eligible for a $25 Starbuck's gift card drawing.
Olathe, Kansas, 06/06/2012 – Olathe Connect was launched to fill a need with the residents of Olathe, Kansas. Olathe Connect will keep the residents of Olathe informed about sports schedules, school information, town information, charity events, local businesses, suggestions, ideas, and gain referrals within the City of Olathe. Olathe Connect will go a step further by having a source to allow the residents of Olathe communicate and engage with each other.
With over 800 million on Facebook alone, many people in Olathe are sharing amongst their friends. Olathe Connect is looking to expand your community interaction and possibly open yourself to new horizons. Olathe Connect adds the community part of social media. Connect with other residents of Olathe to share personal referrals, news and events.
“I'm happy to sponsor a community website that will help connect the residents of Olathe, Kansas,” says Chris Dowell from the Dowell Taggart Team. “People like to share whether it is pictures of a Fourth of July event or the awesome contractor who just landscaped their yard. Olathe Connect is our belief to be the source.”
Many community websites are formed for a subdivision, school organization or small group. There is little interaction and growth that the site is nearly on life support. Other community websites or referral sources charge a fee. Olathe Connect is looking to grow without a fee.
There will be a drawing for a $25 Starbuck's Gift Card for Olathe residents who Like the Olathe Connect Facebook Page from June 6th to July 15th, 2012.
To be eligible for the Starbuck's gift card, members must be a resident of Olathe. The drawing will be held on July 16 th for Olathe residents who have Liked Olathe Connect from 6/06/2012 to 7/-15/2012. The Drawing is no way sponsored, endorsed or administered by, or administered with Facebook. For more information, please message through the message button on http://www.Facebook.com/OlatheConnect.
About the Dowell Taggart Team: The Dowell Taggart Team is affiliated with RE/MAX Premier Realty and is a premier real estate team in Olathe with over 30 years of real estate experience. With an extensive background with helping Olathe home buyers and seller, the Dowell Taggart Team has given back to the community by sponsoring community websites throughout Kansas City. Olathe Connect is the newest project sponsored by the Dowell Taggart Team. To connect with the Dowell Taggart Team, go to: http://www.Facebook.com/DowellTaggartTeam.
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RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:
Comments are appreciated! Go ahead and add your 2 cents . . .
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Question: Is it a good time to sell my single family home in Olathe, Kansas? I've heard that the real estate market is changing? Is it changing in Olathe?Bobbi H. from Olathe
Answer: Without knowing what subdivision or what part of Olathe you live in, I will address selling a home in all of Olathe. I will break down parts of Olathe in the next couple of days.
First, there are 623 homes for sale on the Heartland MLS, which serves Olathe, Kansas. The past month has been a very productive month with 175 homes selling, according to the Heartland MLS. Currently there are 473 homes are under contract. Due to the month ending so close to the weekend and real estate agents having 14 days to update the real estate status on the MLS, the data is not 100% accurate. For this report, the data is sufficient.
Regarding the real estate market changing - According to the Heartland MLS, the stats show that there is just a little over a 3.5 months supply of real estate for sale.
What does this mean? A balanced market is considered a 6 months supply of real estate for sale. During the past couple of years when we saw a strong buyer's market, there has been over a 7 months supply of real estate for sale in Olathe. With a 3.5 months supply of real estate for sale, Olathe is starting to turn to a strong sellers market.
If the supply of real estate stays low and interest rates stay low, look for home values to increase.
Bottomline: The real estate market is turning to a Strong Seller's Market in Olathe, Kansas. If you're thinking of selling, consider getting a Real Estate Market Analysis on your Olathe home.
Checkout Olathe Connect - An Olathe Facebook Community
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:
Comments are appreciated! Go ahead and add your 2 cents . . .
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Visit Olathe Connect for community news, facts ands stats . . . Your Town. Your Community. Your Connection. Olathe Connect on Facebook! www.Facebook.com/OlatheConnect Read More...
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Looking in the 250's? Where can you get the best real estate deal in Johnson County, Kansas?
The results from the research is from looking at the real estate stats of over 300 non-distressed homes (Foreclosures and short sales were excluded) in the Heartland MLS sold between January and April 2012.
If a home buyer was looking in western Shawnee, the majority of the homes will be 2300-2500 square foot, 4 bedroom, 2.5 bathroom homes with taxes in the $3600-4200 range.
Home buyers in western Lenexa, KS. will be viewing 2400-2700 square foot homes with taxes in the $3500-4100 range. Most homes will have 4 bedrooms, 2.5 bathrooms with a few homes having 3.5 bathrooms and a 3 car garages.
Looking at homes in southern Overland Park, home buyers will be viewing 2500-2800 square feet homes with taxes in the $3400-3800 range.
Home buyers will get the most value in Olathe, Kansas. Typically homes will be newer and the 2400-2900 square feet range. Many newer homes were observed in Olathe in the 250's. With the larger square footage, home buyers may see an extra room and bathroom. To help on the monthly payment, Olathe homes will be paying less in property taxes with property taxes running in the $3100-3500 range.
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:
Comments are appreciated! Go ahead and add your 2 cents . . .
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Olathe, Kansas People Facts and Stats - The Median Age of the 117,116 Residents is 32 Years Old (Young, I Guess).
The City of Olathe, Kansas has seen a population change of 25.91% since 2000.
Here are some more Facts and Stats:
For more Olathe, Kansas Stats and Facts, go to: Olathe, Kansas
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today! Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Olathe, Kansas Economic Facts and Stats - Median Household Income is $75,807
The unemployment rate for Olathe, Kansas is 6.2%, just a tick higher than the county.For more Olathe, Kansas Stats and Facts, go to: Olathe, Kansas
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Preventa Foreclosure in Olathe, Kansas - Do You Qualify for a HAFA shortsale in Olathe, Kansas? Inorder for a Olathe homeowner to qualify for a HAFA short sale theymust meet the HAMP eligibility requirements. Without getting totechnical, the requirements are:The home must have been used as a principal residence and not vacant for more than 90 days. If the homeowner moved it must have been for a new job or for a job transfer. The homeowner must have originated the first mortgage on or before January 1, 2009. The homeowner must be in delinquency with the first mortgage or delinquency must be foreseeable. The homeowner must have a current unpaid principal balance that is $729,750 or less. The homeowner's monthly mortgage obligation must exceed 31% of the gross monthly income. The homeowner must have a HAMP qualified servicer.
Ifthe Olathe homeowner meets these requirements, then they shouldcontact a HAFA short sale specialist. If not all requirements aremet, maybe a HAFA short sale specialist can direct you to a KansasCity specialist who cab help you prevent a foreclosure.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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3 Ways to Stop a Foreclosure in Olathe,Kansas
When your mortgage lender has filed aNotice of Default, your options as an Olathe homeowner are limited.Before the lender has filed the Notice of Default, be aggressive infollowing up with the mortgage lender in requesting options like aloan forbearance, loan modification or debt forgiveness.
If it is too late for assistance or themortgage lender has refused helping you, you still have options toprevent a foreclosure from ruining your credit.
You can request to short sale your home. If the mortgage lender accepts the short sale, they will most likely not go after you for a deficient judgment. If you hire a qualified short sale specialist, you should have no out of pocket expenses. In fact, you may get relocation expenses paid by the mortgage lender if you keep up the property. You can also agree to sell your home and pay any shortage. You can offer to give your home as a Deed-in-Lieu of Foreclosure. This may be less stressful, but mortgage lenders are telling me that the Deed-in-Lieu of Mortgage is viewed like a foreclosure on the credit report.
The Kansas City Real Estate Network isKansas City #1 Short Sale Specialist.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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Behind on your Olathe Mortgage Loan?
What does a mortgage lender look at inorder to help an Olathe homeowner behind on a mortgage?
When a mortgage lender is deciding tohelp a struggling homeowner, a mortgage lender looks at the followingcriteria: Has there been a job loss? If yes, the mortgage lender may offer options. Is there a illness or a medical emergency in the family? If yes, a mortgage lender may offer options. Is there a death in the family? If yes, a mortgage lender may offer options. Is there a divorce and a loss of a 2nd income? If yes, a mortgage lender may offer options. Is there an over extension of debt? If the debt load is over the lenders accepted ratio compared to the monthly income, the mortgage lender may offer options. Is there is a job demotion or temporary loss of income? If yes, the mortgage lender may offer options. Is the adjustable rate monthly mortgage payment increasing? If yes, the mortgage lender may offer options. Is there an unexpected major home maintenance expense? If yes, the mortgage lender may offer options.
If you or someone you know is havingproblems making the monthly mortgage payment, contact the Kansas CityReal Estate Network.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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During the past 30 days, 54 homes inOlathe, Kansas received a foreclosure filing. That means 1 in every773 homes received a foreclosure filing.
The Johnson County, Kansas average fornew foreclosure filings the past 30 days is 1 in 783 homes receivinga foreclosure filing and the national average is 1 in 570 homesreceiving a new foreclosure filing.
In Olathe, Kansas, homeowners havetypically 90 days to redeem their home after a foreclosure.
The Kansas City Real Estate Networkworks with Olathe homeowners with preventing foreclosures. As Olathe,KS. Short Sale experts, we're helping Olathe homeowners every day.
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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