Median Home Sales Price Up 8.4% Nationally in September

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 […]

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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 […]

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National Association of REALTORS® Pending home sales dropped slightly by 1.0% from June. It was the second straight monthly decline and the eighth in the last nine months. Pending sales fell in three of four major regions, with the West posting a small increase. Compared to the prior year, contract signings declined by double digits […]

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National Association of REALTORS® Key highlights Eighty percent of metro markets – 148 of 185 – saw double-digit annual price appreciation in median single-family existing-home sales prices (70% in the previous quarter). The national median single-family existing-home price rose 14.2% annually to $413,500, surpassing $400,000 for the first time. Housing affordability significantly declined as the […]