Category: buying a home (35)

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Last week I worked with two out-of-town buyers to help them find homes in the Kansas City area. One was a couple wanting to downsize and move closer to their children. The other was a young family that lives in a more rural community but spends many weekends in KC and wanted a second home here.

Every real estate situation is a little bit different, and working with out-of-town buyers is no exception. When these buyers come to town to look at properties, their time here is limited so I do my best to spend most or all of a day with them to make the best use of their time.

The out-of-town buyers I worked with last week both had familiarity with Kansas City. However, I have also worked with buyers who haven’t been to KC before. In those cases, I spend some of our time together driving around town to introduce them to the area and to get a better sense of communities that will meet their needs.

When buyers are familiar with KC, they likely have a good idea what part of town they want to live in. For those who don’t know as much about the area, it’s important for me to learn what’s most important to them – how close do they want to be to work, do they have a school district preference, etc. – to ensure we find a location that suits them.

If you know someone moving to KC who needs a realtor, I would appreciate your referral. And if you or someone you know is looking to move outside Kansas City, Reece & Nichols has an extensive nationwide realtor referral system. I would be more than happy to help connect you with a good, qualified realtor out-of-state, too!

KCRARThe KC real estate market has been strong all summer long. July was no exception. According to a report I recently received from the Kansas City Regional Association of REALTORS & Heartland Multiple Listing Service, prices were up about 14% from July 2012 to July 2013, with the average price for an existing home at $184,000.

In keeping with the trend of recent months, inventory remained relatively low – down approximately 7% from the same time last year. Existing home inventory decreased just a bit from 5.7 months to 5.6 months, while new home inventory inched up from 4.9 months to 5 months.

Sales were up approximately 18%, year over year, and pending sales were up 10%.

If you want to learn more about our area real estate market, or discuss the right time for you to list or buy, give me a call any time at (913) 980-2434!

It’s hard to believe it’s August already! It’s been a busy summer so far and a busy time for the real estate market. This past week I received a report on the Kansas City Real Estate Market from Cunningham Appraisal LLC on the first half of 2013.

As you have either experienced firsthand or likely heard in the media, Kansas City is experiencing renewed market conditions. According to this report, the average sale price increased 7.7% compared with the first half of 2012. Additionally, residential total sales levels (new and existing homes) represent a 6.6% increase from the first half of 2012. The monthly supply of homes at 4.7 months represents a buyer’s market for combined new and existing homes.

Reece and Nichols Kansas City

While traditionally the market begins to slow down a bit this time of year with people taking end-of-summer vacations and families getting ready for back-to-school season, we are still seeing activity on the buying and selling side. According to Heartland MLS, inventory was down 10% in June 2013 over June 2012. So, if you’re in an area that is high-demand and low-inventory, this could still be a good time to consider listing if you know you want to move in the near future. If you have questions about the market in your neighborhood, I would be happy to help – just give me a call!

Raintree Lake Ranch

Raintree Lake Ranch

Lee’s Summit house-hunters, add this new listing to your “must-see” list! Located in Raintree Lake, this 3-bedroom, 3-bathroom ranch features a spacious living room with fireplace, hardwood floors in the kitchen and a large finished basement with a wet bar – perfect for entertaining! The laundry room is conveniently located on the first floor.

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Outdoor space includes a good-sized deck and fenced yard. The home is also within walking distance of the neighborhood lake, pool and play area. Call me at (913) 980-2434 to see this home today!

Photo:  City of Lenexa

Photo: City of Lenexa

Located approximately 12 miles south of Kansas City, Mo., the city of Lenexa, Kan. is home to more than 47,000 residents. The 34.3-square-mile city enjoys a healthy business base – including a variety of high tech and bioscience companies, as well as a number of national and international headquarters. Lenexa residents also enjoy the city’s beautiful parks and trails. In recent years, Lenexa earned a spot on CNN Money Magazine’s Best 100 Places to Live!

Known locally as the “City of Festivals,” Lenexa hosts several celebrations and events each year that draw visitors from the greater metropolitan area and beyond. One of the most popular – The Great Lenexa Barbeque Battle – is held every year at Sar-Ko-Par Trails Park. More than 185 teams participated at this year’s event!

Education is provided to Lenexa residents through the following public school districts:
De Soto, Olathe and Shawnee Mission. Private schools that serve the city include Holy Trinity Catholic Elementary School and St. James Catholic Academy.

This well-planned community has a strategic visioning effort, “Lenexa Vision 2030,” which was developed as a result of its commitment to community involvement and strategic planning. This gives citizens across Lenexa the opportunity to work together to exchange ideas and discuss issue to guide the city’s future growth and planning efforts.

Sound like a place you’d like to live?

Lenexa Front

This 4-bedroom, 2.5-bath home features tons of updates and a large finished basement. The bedrooms are good size, and the master suite includes an updated bath, his/her closets and a martini deck. The park-like backyard with partial covered deck is perfect for entertaining! Call me at (913) 980-2434 to see for yourself today!

Lenexa Open Lenexa Kitchen Lenexa Base Lenexa Back