Economists warn that there's a housing "correction" on the way but that hasn't stopped desperate real estate agents bullying buyers into making a purchase they probably can't afford.
Take a peek . . .
From January 2021 to April 2022, 20 local ZIP codes saw homes sell for more than 3% over their listed price.
Most of the activity was concentrated in Johnson County, but south Kansas City and the Northland also saw lots of homes sell above asking price. And it's not just high-cost areas where buyers pay more — lower-cost areas also saw sales exceed asking price.
Read more via www.TonysKansasCity.com links . . .
These are the top 20 ZIP codes in Kansas City where homes sold the most over listed price - Kansas City Business Journal
It's become the norm for Kansas City-area home buyers to pay more than the listed price for a house. "I can't think of the last home I've sold that did not go for at least list price, if not over," said Andy Blake, the leader of The Andy Blake Group.
Nine years ago, Meg Piercy and her husband, Joe, were expecting their first child. In need of a changing table, Meg repurposed a vintage dresser, and her business was born. "I fell in love with the process and the look of taking old pieces and painting them," she says.
Developing . . .