Home Prices Spiked by Double-Digits in 78% of Metro Areas in Third Quarter of 2021

October 28, 2021 in Community

National Association of REALTORS® Key Highlights Contract signings fell 2.3% in September from August. Contract signings were 8% lower than this time last year. In all regions, signings decreased from the prior month and from one year ago. WASHINGTON (October 28, 2021) – Pending home sales dipped in September, nationally, retreating slightly following a previous […]

October 22, 2021 in KCRAR

Dr. Ted C. Jones and Jill McCarthy took the screen on Thursday at KCRAR Commercial’s annual Forecast event. Jones’ presentation focused on the “three R’s” of real estate and the economy: reinvent, recharge and reignite. Although the pandemic brought Kansas City to its highest unemployment levels in years, Jones noted that 91% of jobs lost […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]