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Showing posts with label Kansas City New Homes. Show all posts
Showing posts with label Kansas City New Homes. Show all posts

Sunday, May 13, 2012

Kansas City Real Estate Stats - Supply of New Homes Decreases!

Kansas City Real Estate Stats - Supply of New Homes Decreases!








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

Another blog post written by:
The Real Estate Wizard of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Ask a Kansas City real estate question


Wednesday, May 9, 2012

Kansas City Real Estate Stats - Pending Home Sales of New Homes Increases to 228 New Homes Under Contract

Kansas City Real Estate Stats - Pending Home Sales of New Homes Increases to 228 New Homes Under Contract










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

Another blog post written by:
The Real Estate Wizard of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Ask a Kansas City real estate question


Tuesday, May 8, 2012

Kansas City Real Estate Stats - New Home Inventory Slides to 1,169 New Homes Available For Sale

Kansas City Real Estate Stats - New Home Inventory Slides to 1,169 New Homes Available For Sale








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

Another blog post written by:
The Real Estate Wizard of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Ask a Kansas City real estate question


Monday, May 7, 2012

Kansas City Real Estate Stats - New Home Sales Increase Again!

Kansas City Real Estate Stats - New Home Sales Increase Again! 


New home sales in Kansas City totaled 178 homes sold.




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

Another blog post written by:
The Real Estate Wizard of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Ask a Kansas City real estate question


Monday, April 30, 2012

I've been looking at buying a new home in Overland Park, Kansas for the past 5 years. Despite the real estate downturn, the new homes plans we like from certain builders keep going up in price. Why are they going up in price? Shouldn't they go down in price?

Question: I've been looking at buying a new home in Overland Park, Kansas for the past 5 years. Despite the real estate downturn, the new homes plans we like from certain builders keep going up in price. Why are they going up in price? Shouldn't they go down in price?
Dan S. from Overland Park, Kansas


Answer: Great question, Dan. There are quite a few reasons why new homes are going up in price in Overland Park, Kansas. 


1) The new home plans from the new home builders you want are highly desirable floor plans. Higher demand means higher prices. 
2) Despite the real estate downturn, construction materials are still rising.
3) Also despite the real estate downturn, land keeps going up in value. A lot that might of cost $55,000 5 years ago, might cost $80,000 now.
4) New homes in Overland Park are in the Blue Valley school district, which is a highly desirable area for buyers.
5) Although relocation has been down nationally, relocation in Overland Park has still been hot.
6) In addition to construction material cost rising, the cost to build have increased. A recent government study showed that 25% of the cost of a new home has to do with government regulations, permits, planning board requirements and so forth. The cost to develop land has skyrocketed again because of government regulations. The cost of getting a subdivisions approved in Overland Park can take years. I worked on a subdivision back in the 90's. It took 7 years before I was able to sell the first home in the subdivision. The developer had to higher a traffic study engineer, a design engineer, an environmental studies engineer, planning architect and probably more that I didn't know about. 


After the studies the developer had to go the city planning meeting to get plans approved. There would be months before certain studies got approved because of not enough city council members for a vote. It was frustrating for the developer because he was paying engineers to attend after hours meetings and nothing would get accomplished.


Now get this. After all of the approvals by the planning commission didn't mean start building homes. The developer had to get all of the infrastructure in first. Yep, that is right, streets, sewers, telephone, electrical, cable, and drainage all needed to be in before the first foundation  was allowed to be poured. During the whole process a inspectors needed to inspect and of course they came out at a minutes notice. 


Hope this helps Dan. If you have any additional questions, feel free to send them my way.



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

Another blog post written by:
The Real Estate Wizard of Kansas City
The Real Estate Wizards of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.


Thursday, February 23, 2012

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?

Another blog post written by:
The Real Estate Wizard of Kansas City
The Real Estate Wizards of Kansas City

Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.


Sunday, January 29, 2012

Kansas City Real Estate New Home Sales Stats - New Home Sales Continue Upward Trend in Sales

Kansas City Real Estate New Home Sales Stats - New Home Sales Continue Upward Trend in Sales

New home sales in Kansas City has continued with its upward tick. Although new home sales are still lower than the past summer, new home sales have continued their upward swing. In October there were 128 new homes sold. November new homes increased by 8 homes sold to 126 homes. December new homes increased another 11 homes sold to 147. 





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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.

Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.


start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Saturday, January 28, 2012

Kansas City Real Estate Stats - The New Home Real Estate Market is a Buyers Market 


Although there has been a dip in new home inventory in Kansas City, the new home real estate market is a strong buyers buyers market.


A sellers market is considered a real estate market that the supply of real estate inventory for sale is less than a 6 months supply. A Buyers market is a real estate market that is considered to have more than a 6 months supply of real estate inventory.


Currently there is a 8.8 months supply of new homes for sale. This is lower than the 9+ months supply of real estate inventory for sale this past summer.







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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.

Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.


start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Wednesday, January 25, 2012

Kansas City Real Estate Stats - Top 5 Kansas City Counties Ranked by New Homes Average Sales Prices

Kansas City Real Estate Stats - Top 5 Kansas City Counties Ranked by New Homes Average Sales Prices of Home Sold

#1: Johnson County, Kansas with an average new homes sales price of $355,982
#2: Platte County, Missouri  with an average new homes sales price of $287,805
#3: Cass County, Missouri with an average new homes sales price of $283,382
#4: Jackson County, Missouri with an average new homes sales price of $278,834
#5: Leavenworth County, Kansas with an average new homes sales price of $256,516





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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.

Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.


start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Tuesday, October 4, 2011

Fall Kansas City Parade of Homes - Kansas City New Homes Tour - Find a New Home For Sale

Fall Kansas City Parade of Homes 




It’s time to get out and take a look at the brand Kansas City new homes for sale at the Fall Parade of Homes, October 1-16, 2011. More than 200 new homes will be open daily 11 a.m.-6 p.m. presented by HBA and sponsored by First Federal Bank and Time Warner Cable. Admission is free and Parade Guide books will be available September 26 at the HBA located at I-435 and Holmes. The Parade features an array of housing types, from single-family homes and condominiums to town homes and villas. Builders offer new-home communities on both sides of the state line as well as in the city’s urban core.


For more information, go to: Fall Parade of Homes


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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.

Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview,
Raytown, Waldo and the surrounding Kansas City communities.


start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Saturday, September 24, 2011

64 new homes sold in Johnson County, Kansas last month – Johnson County, KS. New Home Stats


64 new homes sold in Johnson County, Kansas last month – Johnson County, KS. New Home Stats

1% of the new homes were 0-2 bedroom homes.

25% of the new homes were 3 bedroom homes.
The average 3 bedroom new home sold for $228,103.

73% of the new homes were 4+ bedroom homes.
The average 4+ bedroom new home sold for $402,334.

12% of the new homes sold with FHA financing.
4% of the new homes sold with VA financing.
73% of the new homes sold with conventional financing.
4% of the new home buyers paid cash.

Thinking about buying a new home in Johnson County, Kansas? Contact the Kansas City Real Estate Network.




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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team

start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Friday, September 16, 2011

Johnson County, Kansas leads Kansas Counties in the Kansas City Metro area with new real estate foreclosure filings


National Real Estate Foreclosure News – Sales Down, New Foreclosure Filings is Up

According to RealtyTrac, the number of homes sold through foreclosure dropped 27.77% from June 2011 to July 2011. During July 71,264 foreclosure homes were sold nationally.

This news is good until you look at more recent stats.

The number of new foreclosure filings jumped up 7.21% from July 2011 to August 2011. During August there were 228,098 new real estate foreclosures nationally. One in every 570 homes (single family homes, condos and ½ duplexes) received a real estate foreclosure filing in August.

Currently there are 1,596,954 real estate foreclosures nationally. Kansas accounts for 14,622 foreclosure homes and Missouri accounts for 16,618 foreclosure homes.

Kansas had 1,274 new foreclosures for the month of August. That means that 1 in every 968 housing units went into foreclosure in August. Although this seems high, it is much lower then the national average of 1 in every 570 housing units going into foreclosure in August.

On the Kansas side of Kansas City, the most populous county, Johnson County, led with the most new foreclosures, with Wyandotte County in second, then Leavenworth County and lastly, Miami County.

Johnson County had 280 new foreclosures or 1 in 778 housing units going into foreclosure in August.

Wyandotte County had 213 new foreclosures or 1 in 319 housing units going into foreclosure in August.

Leavenworth County had 33 new foreclosures or 1 in 866 housing units going into foreclosure in August.

Miami County had 12 new foreclosures or 1 in 1057 housing units going into foreclosure in August.


Know of someone that maybe headed to foreclosure in Kansas City? We can help them avoid foreclosure.





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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team

start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Friday, September 9, 2011

Olathe, Kansas leads Kansas City in New Home Building Permits

According to the Home Builders Association of Greater Kansas City, Olathe led the list of most new home building permits in July with 31 building permits. Olathe was followed by Kansas City, Mo. with 30, Overland Park with 26, Lee’s Summit with 12, Blue Springs with eight, and Jackson County, Lenexa and Platte County with seven.



The Home Builders Association of Greater Kansas City (HBA) is the voice of the housing industry and the source for housing information. Comprising approximately 750 member companies, the HBA represents an industry that supports more than 10,000 jobs in the Greater Kansas City metropolitan area."

For more information, go to: Residential Building Permits Continue Holding Pattern

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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

kansas city real estate network - dowell taggart team

start kansas city home real estate search, find kansas city real estate house why use kansas city real estate network kansas city home evaluation, house appraisal, kansas city home value

Saturday, July 9, 2011

2011 Fall Home Show is set for Oct. 7 at the Overland Park, KS. Convention Center

2011 Fall Home Show is set for Oct. 7 at the Overland Park, KS. Convention Center
The home show will feature over 200 exhibtors offering home-related ideas and services. The home show is sponsored by the Home Builders Association of Greater Kansas City. This years show will move to the Overland Park Convention Center.
For more information for this years Kansas City Fall Home Show, including hours and ticket prices, go to: www.kchomeshow.com

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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

Dowell Taggart Team Kansas City Real Estate Network

Friday, June 10, 2011

There are many advantages to purchasing a new constructed home in Kansas City

We’re often asked...and yes, financing and building costs still make building your Kansas City dream home an affordable option....


For quality, value, safety and convenience, a new home will be one of the smartest purchases you will ever make. There are many advantages to purchasing a new constructed home in Kansas City;
  • New home warranties. Options available for new home buyers range from specific warranties by individual builders to third-party limited insured warranties against major structural defects. Manufacturers of new products and appliances in a home offer warranties as well.
  • Energy efficiency. A home built today in Kansas City must, by law, adhere to stricter energy codes than homes built in years past, when such codes either did not exist or were more lenient. This translates into a direct operating savings to home buyers.
  • Latest in building materials. Low maintenance is one of the most important features to today's home buyer. Buyers don't want to worry about painting every three to five years. New technology in building materials has made it possible for homes in the 1990s and beyond to require less maintenance, especially on the exterior of the home.
  • Lower maintenance costs. Buying a new home eases the nagging questions of, "How long before it breaks down?" With a new home, the answer is simple - a substantially longer period when you are the first to use it and are establishing its history of use.
  • Choice of interior and exterior finishes. A new home

makes it possible for buyers to be the decorators before moving in without the cost of searching for and replacing the finishes as they would in a resale home. With a new home, it may be possible to make selections for things such as carpet style and color, wall coverings, appliance colors, lighting fixtures and exterior paint colors.
  • Favorable pricing. Competition among home builders to provide the very best value makes new homes less likely to be overpriced. Buyers can compare features, benefits and options with other new homes on the market to determine the ultimate value of a new home.
  • Value appreciation. Homes, like any purchased product, have a life expectancy. Statistics say the typical home will need remodeling after 25 to 30 years. Since new homes have a longer life, appraisals are generally higher than on a comparable existing homes, making conditions favorable at the time of resale.
  • Modern appliances. Appliance manufacturers introduce new models every year, and home builders are able to offer the latest, state-of-the-art equipment at the time of completing a new home. Because home builders pay for entire inventories of homes, they can purchase appliances at a lower cost and then pass those savings on to home buyers. An added benefit is that new appliances are often energy efficient and come with full-term warranties.
  • Home site selection. Being able to select a home site is an important as selecting the type of home that suites a buyer's needs. Homebuilders often have a selection of home sites that may be on a corner, near a lake, cul-de-sac, green belt and many other locations.


The first step is to find out everything you don’t know, yet should know....Second step?
Let us help you find out about financing options for your new construction home!


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

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

Dowell Taggart Team Kansas City Real Estate Network