kansas city real estate sold

Flat Fee Real Estate | Full Service Option

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Kansas City Flat Fee Real Estate is not a new concept but now it has risen to a new level. For years Kansas City Real Estate has been mostly been sold by Realtors that charge the seller a percentage of the sales price. It is a simple concept and easy to apply. Real Estate agents received a fair compensation when average home prices were $100,000. Now in 2017, the year to date Kansas City Area …

Kansas City Home Sales Price to List Price Ratio

Economy Continues to Push Housing Higher, Despite Lackluster Consumer Confidence

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With more Americans reporting lower income prospects, Fannie Mae’s Home Purchase Sentiment Index™ (HPSI) decreased 2.4 points to 80.8 in November. The challenge of housing affordability coupled with tight supply may be preventing overall housing sentiment from gaining momentum as income growth isn’t keeping pace with the cost of housing.   Consumers’ net attitudes about the direction of their household income relative to a year ago fell 5 points during the month, setting this HPSI …

Making Your Home’s ‘Most Dangerous Room’ a Little Safer

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By John Voket In the next two segments, I will be returning to a handy interactive checklist and guide from the Home Instead Senior Care® network, which took a comprehensive look at the most unsafe areas of the home for seniors. And we'll pass on some key findings so you can better protect yourself or your "aging in place" loved one in the most dangerous room of the house. According to Home Instead, an overwhelming …

Today’s Way to Sell Homes in Kansas City

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A Kansas City Real Estate brokerage dedicated to selling homes efficiently and delivering an exceptional customer experience through service, agent experience, and professional quality marketing. Since Home Spot Choice was designed from the ground up to save our clients time, pain and to take advantage of today’s technology, our clients typically save 50% to 70% on the sale of their home. We have spent years selling Kansas City area homes and fine-tuning the processes and …

Kansas City Market Update

Share of Flipped Homes Increases 18 Percent

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Home flipping is hot again, according to recent news from RealtyTrac®’s Q3 2015 U.S. Home Flipping Report, which shows that 43,197 single family homes and condos were flipped— sold as part of an arms-length sale for the second time within a 12-month period—in the third quarter of 2015, 5.0 percent of all single family home and condo sales during the quarter. The 5.0 percent share in the third quarter was down 7 percent from a …

What is the difference between a pre qualification and mortgage pre approval

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When you are buying a home financing can seem complicated. In Kansas City real estate purchase offers must include a pre-approval letter. In some parts of the country sellers require the real estate agent to have a pre-approval letter on file before the agent is allowed to show a property. The first option is a mortgage pre-qualification which helps you to understand how much home you can afford. The second is a mortgage pre-approval letter …

Sales of New Single-Family Homes Increase

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Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the Census Bureau. This is 5.7 percent (±16.2 percent) above the revised July rate of 522,000 and is 21.6 percent (±18.7 percent) above the August 2014 estimate of 454,000. The median sales price of new houses sold in August 2015 was …

The Secrets to One-Room Living

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(BPT) – As we seek to simplify our lives, the desire for small-space living–even one-room living–seems more attractive than ever. Whether you’re ready to join the tiny house movement or just want to get the most out of a compact space in your home, there are easy things you can do to make a small space look, feel and function like a larger one. "There’s no need to sacrifice great design if you live in …

Fixed Mortgage Rates Increase for First Time in Four Weeks

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Average fixed mortgage rates reversed course, nudging higher for the first time in four weeks, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). "The jobs report for July showed that the economy added 215,000 jobs, in line with expectations,” says Sean Becketti, chief economist, Freddie Mac. “Wage growth remains modest at 2.1 percent compared to the same time last year, and another solid if not stellar employment report leaves a potential Fed …

Applications for Home Purchases Show 4 Percent Dip

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The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2015 shows mortgage applications for new home purchases decreased by 4 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns. "Mortgage applications to home builder subsidiaries for new homes declined at a rate in line with the slowdown observed in the overall purchase mortgage market," said Lynn Fisher, MBA’s Vice President of Research and Economics. …