Kansas City Real Estate Network

Foreclosure activity in the U.S. has fallen to its lowest level in 40 months, according to RealtyTrac. The company’s foreclosure market report for April shows that filings – including default notices, scheduled auctions, and bank repossessions — were reported on 219,258 properties last month. That figure represents a 9 percent decline compared to ...

Nationwide, sales of previously owned U.S. homes took a record plunge in July to their slowest pace in 15 years, underlining the housing market's struggle to find its footing without government aid. Tuesday's report from the National Association of Realtors, which was much worse than market expectations, was the latest data that indicated ...

75% of modified home loans will redefault even in Kansas City - The First Step in Negotiating a Short Sale in Kansas City Most Kansas City borrowers who have had their mortgages modified through a government-sponsored program will redefault within 12 months, according to a report released Wednesday. Between 65% and 75% of ...

It’s another Kansas City Short Sale, Why Can’t We Submit Multiple Offers?Four weeks ago I listed a home in Lenexa, Kansas. A “shortsale”. We received offers that ranged from $185,000 to $250,000. Yes, all of the Buyer’s and their Realtors viewed the same property! Them we received a backup offer for $275,000. Humm. The Buyer’s Agent asked me ...

If you're planning to claim the home-buyer tax credit in Kansas City, better get to the closing table soon by the end of June: A measure that would have extended the amount of time that buyers have to close the deal got shelved in the Senate this week. The amendment to extend the deadline was part of the larger American Jobs and Closing Tax ...

Real Estate Stats show big sales drops in May, end of tax credit brings new woes  New-home sales tumbled 33 percent last month to a record low annual pace of 300,000, the Commerce Department said this week, and that's only half the bad news. Sales of previously owned homes fell 2.2 percent in May, the National Association of Realtors said, ...

Change is Coming Kansas City Home Owners, Bring Out Your Change! ''Is it a good time to sell Kansas City Real Estate?  I mean, interest rates are good, and the stimulus package should bring more Kansas City home buyers, right?'' Yes and yes.  Add the fact that Winter buyers in Kansas City are traditionally more focused, and have less ...

According to NuWire Investor, Lawrence, KS. made Housing Predicator's list of the Top 10 Buyers Markets for Real Estate Investors. As with many college towns like Lawrence, they have been insulated from the nation's financial crisis. Lawrence is the home of the Kansas Jayhawks and is 30 minutes West of Kansas City. To view the Top 10 List, go to: ...

According to a recent article I read on my Google Reader, a home buyer received an average discount of 25% on foreclosure homes compared to non-foreclosure homes in Kansas City. Zillow has been compiling real estate information on 16 metropolitan areas including Kansas City. In their research they have found that the average buyer who buys a ...

  Question emailed to Ask A Real Estate Agent:  Mr. Dowell, what do you think of the new Cap & Trade Bill being voted on this week? Is it good for Kansas City? Great question, Sam. After doing hours of research, I have found a considerable amount of information about the Cap & Trade Bill. In my opinion, the Cap & ...

In his work, Conspiracy of the Rich, Rich Dad entrepenour, Robert Kiosaki, discusses the fact that during our current crisis on Wall Street, wealth didn't evaporate, it just changed hands....WHAT DOES THIS HAVE TO DO WITH REAL ESTATE? Your equity, your value, may come back....If it does, and that's a big if, respected economists are ...

....From time to time, we come across others who impact our lives in a positive way, and unles you live on the Moon, you are aware our mainstream media rarely reports "good news"....I am not referring to Pollyanna News....Cake eating contests, modern art built with matchsticks, or "....man-eating dog subdued without harm by smiling ...

So most of us are feeling better about the economy...?  Huh?  Why?  Good question to ask ourselves...Are YOU feeling better about the economy?  The latest government report regarding homebuilders suggests we "feel" better...What does that mean? For most of us, there is an increased sense that credit is ...

[photo:listing:2330800] Huge 5 Bedroom Home • 2,434 sq. ft., 3 bath, 5 bdrm single story - $205,000 - Incredible Price Round Hill, Overland Park  -  Where else can you find an Overland Park 5 bedroom home in a subdivision with a full country club. The country club includes an inground pool, 5 tennis courts and a kids play ...

Falcon Valley, Lenexa  -  Announcing a price reduction on 19626 W 99th, a 2,505 sq. ft., 4 bath, 4 bdrm 2 story "Traditional". Now MLS® $319,000 - GREAT TIME TO BUY!. Property information

Location, condition, price, traffic...These are the cornerstones of successfully selling your client's home.  Ever get a longing for the "good old days"....Or talk with your friends about..."back in the day"?  Nostalgia aside, our memories of the events of our lives almost always exceed the events ...

[photo:listing:2304549] Peaceful Country Living! • 2,250 sq. ft., 3 bath, 5 bdrm single story - MLS® $265,000 - Priced to Sell Quickly! Peaceful Valley, Kingsville  -  This is an awesome example of a Kansas City home. Kansas City real estate and Kansas City homes for sale are gaining value as prices increase, delivering ...

Westheights Manor, Kansas City  -  Announcing a price reduction on 2901 N. 55th St., a 1,522 sq. ft., 2 bath, 3 bdrm ranch. Now MLS® $120,000 - Professionally Remodeled. Property information

Round Hill, Overland Park  -  Announcing a price reduction on 5932 West 88th Street, a 3,213 sq. ft., 3 bath, 4 bdrm single story "True Ranch". Now $249,000 - Priced To Sell Quickly!. Property information

Westheights Manor, Kansas City  -  Announcing a price reduction on 2901 N. 55th St., a 1,522 sq. ft., 2 bath, 3 bdrm ranch. Now MLS® $120,000 - Professionally Remodeled. Property information