Almost 60% of Metro Areas Posted Home Price Gains in the Second Quarter of 2023

June 9, 2023 in KCRAR

National Association of REALTORS® Key Highlights The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent housing inventory crunch impacts middle-income buyers more than any other income bracket. NAR and Realtor.com®’s housing affordability and supply report examines […]

in Guest Columns

By Kyle Niemann, 2023 Heartland MLS President “Owning a classic Mustang is like owning a piece of the American dream.” —Unknown A few years ago I got the opportunity to become the owner of a classic 1965 Mustang that I named Scarlett because cool cars need fun names, right!? If you have ever owned a […]

April 20, 2023 in Community

New data from the National Association of REALTORS® reveal middle-income homeowners in Kansas City accumulated a median of $96,160 in wealth as their homes appreciated over the last 10 years. The data, which was featured prominently in NAR’s new report, Wealth Gains by Income and Racial/Ethnic Group, speaks to the value agents and REALTORS® bring […]

March 16, 2023 in KCRAR

With many questions emerging about the future of the housing market, real estate professionals can hear predictions and an analysis of market trends at this year’s Recharge Conference & Expo on April 6 at the Overland Park Convention Center. CoreLogic’s Chief Economist, Selma Hepp, PhD, will share her economic outlook during the event. “While mortgage […]

March 9, 2023 in KCRAR

While the U.S. homeownership rate increased to 65.5% in 2021, the rate among Black Americans lags significantly (44%), has only increased 0.4% in the last 10 years and is nearly 29 percentage points less than White Americans (72.7%), representing the largest Black-White homeownership rate gap in a decade.

January 12, 2023 in Community

After doubling from a year ago, rates likely will experience less volatility in 2023, says NAR Director of Forecasting Nadia Evangelou.

January 5, 2023 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.

December 2, 2022 in Guest Columns

By Michael Pierce, 2022 KCRAR President With lower home sales, higher interest rates, and rising inflation, it is easy to fall into the mindset that your business growth will be an inevitable victim of circumstance. In reality, this is a time of great opportunity for business growth. There are no circumstances that can hinder your growth as a professional […]

November 10, 2022 in KCRAR

National Association of REALTORS® Key Highlights At just 26%, the share of first-time buyers was the lowest since NAR began tracking the data. The typical first-time buyer was 36 years old – an all-time high. The median distance between the home that recent buyers purchased and the home from which they moved was 50 miles […]