Posted by: Bob De Tray
Happy Halloween!
As October winds down, I am pleased to report that our office has had a record sales month! In a time when we are hearing only negative news about the real estate market locally and nationally, it's a breath of fresh air to hear that the market is truly improving. No, Virginia, Real Estate in Kansas City, where everything is indeed up to date, is alive and well. Buyer's have been taking advantage of low interest rates and great price reductions on both new and resale homes. Sellers who are also buying are also taking advantage of the soft market and are making great deals on their home purchases while still doing nicely on their own home sale. The surge began in the last 17 days of the month. And we see signs that it may continue through the end of the year. If it does, existing inventories will go down and we will find ourselves in a more balanced market by late winter.