2019 Brings Record Highs and Lows for KC Regional Housing Market

January 31, 2020 in KCRAR

According to year-end market data from Heartland MLS, home sales across the Kansas City region were nearly equal to 2018. Sale prices and inventory, however, experienced significant movement. Declining inventory was an ongoing trend throughout the year, with a year-over-year decrease of over 19%. Local inventory totals have fallen each year since 2011. Comparing the […]

Full Story

Will the Market Get the New-Home Supply It Needs?

in KCRAR

The lagging pace of new-home construction has been a big contributor to the national inventory shortage, but a homebuilding resurgence—of sorts—could open up more options for buyers this year, economists predicted during January’s International Builders’ Show in Las Vegas. Strong buyer demand, coupled with solid job growth and low mortgage rates, helped builders boost productivity […]

Full Story

Dr. Christine Cooper Shares Insights and Predictions at Commercial Forecast Event

October 26, 2018 in KCRAR

Dr. Christine Cooper, Regional Economist at CoStar Group, addressed a crowd of nearly 200 KCRAR Commercial members and other real estate professionals yesterday at the annual Commercial Forecast at the Kansas City Public Library Plaza Branch. “This is our largest event each year and a great opportunity to talk about the commercial market with other […]

Full Story

Insights from the KCRAR Forecast

October 25, 2017 in KCRAR

“Your profession is so important,” said Tim Cowden, President and CEO of the Kansas City Area Development Council and one of the speakers at this year’s Real Estate Forecast. “You’re selling homes, but you’re selling lifestyle, you’re selling community, and you’re selling my region.” The 2018 Residential Real Estate Forecast took place on Thursday, Oct. […]

Full Story