Kansas City Housing Crash Coming Soon

Hopes for a local housing comeback are quickly fading as the economy sputters in time of war.

Judging by sluggish numbers at the outset of this year, here's a hint that the upcoming "selling season" is soon to be just another cowtown financial disappointment:

"In Jackson County last month, sales were down 6.1% from last year, the average sales price was up 4.5% and inventory was down 25.8%.Those trends hold in Wyandotte County (sales down 6.5%, average sales price up 13.4%, inventory down 26.6%) and Johnson County (sales down 14%, average sales price up 11.5%, inventory down 26.7%)."

Read more via www.TonysKansasCity.com link . . .

Home buying in current economic climate

KANSAS CITY, Mo. - With inflation potentially pushing up interest rates, the housing market is falling under a harsher spotlight. KSHB 41 News spoke with an economics expert on what to know about the current home-buying climate.