WSU Center for Real Estate Releases 2022 Kansas Housing Market Forecast

October 14, 2021 in Community

The Annual Wichita State 2022 Kansas Housing Markets Forecast report has been published by the WSU Center for Real Estate and copies are available at the KCRAR Leawood office. This year’s “Out of This World” report analyzes employment, inflation, mortgage rates and more to make predictions for the Kansas housing market in the coming year. […]

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Annual KCRAR Commercial Forecast Event to Be Held Virtually This Month

in KCRAR

KCRAR Commercial’s annual Forecast event will be held virtually on Oct. 21 at no cost to KCRAR members. Stewart Title Chief Economist Dr. Ted C. Jones and Kansas City Area Development Council (KCADC) Senior Vice President of Corporate Attraction Jill McCarthy will bring their expert predictions for the 2022 commercial real estate market, nationally and […]

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Image description: Two millennials discuss their finances in their home.

Student Loan Debt Holding Back Majority of Millennials from Homeownership

September 16, 2021 in KCRAR

National Association of REALTORS® Sixty percent of non-homeowning millennials say student loan debt is delaying their ability to buy a home, by far the most affected population, according to a new poll released today by the National Association of Realtors®. The findings also show that Americans burdened with high student debt see the impact on […]

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Image description: Senator Jerry Moran speaks at a podium to a room of Kansas City REALTORS.

Kansas City REALTORS® Discuss Future of Housing with U.S. Senator Jerry Moran

September 9, 2021 in Government Affairs

U.S. Senator Jerry Moran met with KCRAR President’s Circle members this week for a lunch at Mission Hill Country Club, where he discussed the COVID-19 response, inventory and the future of housing in Kansas. Moran has aligned with KCRAR and the National Association of REALTORS® (NAR) on many issues affecting housing, such as an agreement […]

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Kansas City Ranked as Top Metro for First-Time Homebuyers

July 22, 2021 in Community

LendingTree released its annual ranking of the nation’s 50 largest metropolitan areas by how friendly they are for those buying their first home. Kansas City, Mo. leads the list of top metros for first-time buyers, followed by Oklahoma City, Okla. and Louisville, Ky. The ranking considered the following factors in its ranking: average down payment, average down […]

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Yun: We’ve Never Seen Prices Appreciate This Fast

in KCRAR

REALTOR® Magazine Just how wild is the real estate market right now? You don’t hear National Association of REALTORS® Chief Economist Lawrence Yun say this every day: “We’ve never seen price appreciation of this magnitude.” It’s a sobering message in NAR’s latest home sales video, which covers the month of May, when the median home […]

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Image description: Closeup pen on contract document with house in background.

Contract Signings Surge as Home Buyers Remain Eager

July 1, 2021 in KCRAR

REALTOR® Magazine Pending home sales bounced back strongly in May and surged to the highest reading for the month of May since 2005, the National Association of REALTORS® reported Wednesday. NAR’s Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings, climbed 8% in May compared to April. Contract signings are […]

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President Conant: Home

June 17, 2021 in Guest Columns

by Tony Conant, 2021 KCRAR President June is in full swing, and I know we’ve all been bored waiting around for the market to pick up, right? Just kidding. I know it’s been a stressful time for many of us, but June serves as a reminder of two very important causes. June is National Homeownership […]

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Home Under Construction

New-Home Construction Slows as Costs Increase

May 20, 2021 in KCRAR

REALTOR® Magazine Housing starts dropped in April as builders saw rising building costs hamper inventory and affordability. Housing production fell 9.5% last month to a seasonally adjusted annual rate of 1.57 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported Tuesday. While homebuilding is down, the demand for […]

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Woman on her laptop at home with a cup of coffee.

Virtual Latte and Learn Session Coming on Multiple Offer Situations

April 29, 2021 in Education

With inventory low and multiple offer situations frequent, KCRAR will be bringing in instructor and local real estate professional Ron Henderson for an especially timely virtual Latte and Learn session on “Winning a Multiple Offer Situation” on May 7. “This is a super challenging real estate market we are in and you need to use […]

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