Economist: Mortgage Rates Will Dip Below 6% Soon

in Community

Housing was on a roller coaster this year, going from a homebuying frenzy to a standstill. These market dynamics will carry into 2023.

in Community

National Association of REALTORS® Key Highlights Existing-home sales sagged for the eighth consecutive month to a seasonally adjusted annual rate of 4.71 million. Sales slipped 1.5% from August and 23.8% from the previous year. The median existing-home sales price increased to $384,800, up 8.4% from one year ago. The inventory of unsold existing homes declined […]

in Community

By Melissa Dittmann Tracey, REALTOR® Magazine Despite a slight decrease this week in mortgage rates, the average for the 30-year fixed-rate loan remains more than double what it was a year ago, adding hundreds of dollars per month to financing costs for home buyers. This is prompting more buyers to retreat from the market: Mortgage […]

in Community

When Kansas City REALTOR® Dennis Curtin saw a need in the community, he stepped in to fill that need, starting a food pantry from the ground up. This week, he was honored for his work by the National Association of REALTORS® (NAR) as a 2022 Good Neighbor Award winner, an honor only given to five […]

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The Home Builders’ Association of Greater Kansas City’s (KCHBA) Fall Parade of Homes is happening now through Oct. 9, featuring 269 homes in eight counties around the Kansas City region. Homes in the Parade range from the mid-$200,000s to $2.5 million. This semi-annual event is the second largest of its kind in the United States, […]

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National Association of REALTORS® Key Highlights Existing-home sales decreased for the seventh straight month to a seasonally adjusted annual rate of 4.80 million. Sales tailed off 0.4% from July and 19.9% from the previous year. The median existing-home sales price rose 7.7% from one year ago to $389,500. After five successive monthly increases, the inventory […]

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Around 130 REALTORS® and Industry Partners gathered in the Armourdale neighborhood in Kansas City, Kan. this week for two days of service to their community at KCRAR’s annual REALTORS® Rock the Block event with Habitat for Humanity of Kansas City. Real estate agents from around the region worked on nine homes in the neighborhood, accomplishing […]

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By Graham Wood, National Association of REALTORS® Cleaning houses for a living isn’t always steady work for Kansas City, Mo., native Kelly Lange. When her clients need to tighten their budgets, Lange’s services are often the first item they cut. So, Lange, 48, sometimes finds herself with little to no work for significant periods of […]

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CEO of Better Homes and Gardens Real Estate Kansas City Homes and Past President of KCRAR Christian Barnes was honored recently by the Kansas City Business Journal as one of their “Women Who Mean Business.” The program honors “top-ranking women in Kansas City businesses who also take an active role in the community and in […]