Wednesday, May 08, 2019

Kansas City Real Estate Selling Season 2019 A Flop Amid Recession Fear?!?!

Get very scared whenever these headlines start to emerge:

Barron's: Forget Recession Fears. Now the Stock Market Is Hitting New Highs.

Meanwhile, we notice increased pressure from MSM urging locals to make a deal. Here's the latest:

Buyers hunt for housing hot spots across Kansas City area

JOHNSON COUNTY, KS (KCTV) -- It remains a seller's market in Kansas City. So, if you're looking to buy a house, you've got to be prepared to get competitive. Neighborhoods like Brookside, the Country Club Plaza, Waldo, Mission, Prairie Village and Fairway are hot right now.

9 comments:

Anonymous said...

Un no prices are not going up.

Anonymous said...

KCTV must be selling "advertising disguised as stories" to desperate real estate people now.

Anonymous said...

The good news is renewal becomes possible when the entire rotten status quo collapses in a putrid heap.

Anonymous said...

When Trump wins a new trade deal with the Chinese and a second term the prices will go up along with wages for much needed workers. MAGA

Anonymous said...

^^ugh huh. Hey!..... Cartoons are on!

Super Dave said...

In certain areas price of houses is going up. Get this, in Olathe buyers are actually bidding on some homes by offering more than the asking price on places. You would think there is a housing shortage out there. I have sold several places in my time and never has anyone offered me as much as 15k over asking for one. But a house in the 143rd and Mur-Len area in Olathe just sold for 15k over asking and two others since Christmas avg selling for 5k over asking. These are not new homes, these are places 35 years old and really showing some age issues and located in Olathe no less, not on the top of my list of cities to live in. Bigger newer homes are selling for less money right now, it's insane I tell ya.

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Traffic Light said...

Affordable housing east of Troost is plentiful and moves fast. People need to get in on the ground level before prices are out of sight.

Anonymous said...

Prices are going up because the population is increasing quickly and there's very few single family homes being built. Basic economics. It will only get worse