I hear that it is nearly impossible to obtain a loan on a new home right now. How are home buyers buying homes in Johnson County, Kansas? Kansas City New Homes

Question: I hear that it is nearly impossible to obtain a loan on a new home right now. How are home buyers buying homes in Johnson County, Kansas?
Derrick L. from Lenexa, Kansas


Answer: Great question, Derrick. Although, it is more difficult to obtain a new home mortgage than it was 3 years ago, home buyers are obtaining home mortgages. Out of 39 new homes sold in January 76% of the new home purchases were bought with conventional financing. Only 5% of the new homes bought in January were bought with cash.

RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

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