Nov
19

Low Rates, Quick Sales

Traditionally, this is not one of the busier times of the year for buying a home, but the historically low interest rates are really driving movement in the KC market. The thing to keep in mind if you’re interested in taking advantage of these great rates is that you should be prepared to act quickly when you find a home you love. Even though this is considered a buyer’s market, the inventory throughout Kansas City is a little low, so when you find a home you want to buy, there’s a fair chance it’s going to go fast. In fact, in the past month I had two listings in Olathe that sold this way – the first in 4 days, the second in 9 days.

That said, don’t let this intimidate you. With the rates the way they are, you can likely save some on your buying budget or get a little more house for your money than you might have expected. If you are ready, it really is a great time to buy.

Check out these happy first-time homebuyers at the closing table. Congrats to Nick and Rachel who just closed on their first home in Independence last week!

Give me a call if you want to learn more at (913) 980-2434. If you want to speak with someone specifically about mortgage rates and lending, I’d recommend my friend Lauren North with Plaza Mortgage HomeServices Lending.

css.php

 Data last updated: 09/23/2020, 2:22:01 AM

 

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). © 2020, Heartland Multiple Listing Service, Inc. Heartland MLS and Reece Nichols Overland Park do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service, Inc. database compilation. The properties displayed on this website may not be all of the properties in the Heartland Multiple Listing Service, Inc. database compilation, or all of the properties listed with other brokers participating in the Heartland Multiple Listing Service, Inc. IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Data last updated 09/23/2020.

 


Any personal information that you may share with us is kept absolutely private. Neither your name nor anything about you is sold or shared with any other company or agency. Occasionally, we may contact you to make you aware of our services, upcoming products or specials. However, we do respect your right to privacy and will not send notices if you contact us and ask us not to.