Kansas City Home Buying Hotness Amid Rising Taxes, Interest Rates & Inflation

The cost of living continues to rise out of the reach of so many locals . . . But real estate agent desperate to make a sale keep telling us we can afford it.

Here's a peek at selling season discourse . . .

On Wednesday, the Federal Reserve raised rates another quarter-point to a benchmark of 5.1%, the highest in 16 years. Yet, some realtors urge buyers and sellers not to worry when it comes to the housing market.

"Our market is busier and more booming than those of other realtors I've spoken to on a national level," said Kansas City realtor Tina Groumoutis, whose niche is the Northland.

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

Kansas City's housing market is hot despite rising interest rates

KANSAS CITY, Mo. - When it comes to the local housing market, interest rates are up while inventory is down. On Wednesday, the Federal Reserve raised rates another quarter-point to a benchmark of 5.1%, the highest in 16 years. Yet, some realtors urge buyers and sellers not to worry when it comes to the housing market.


Your Jackson County property value may be up by 30%. What to do if yours seems off

Homeowners are receiving property valuations in the coming weeks - and yours may be higher than expected. The average increase in property values around Jackson County since owners' last assessment in 2021 is around 30%, with some values rising by even more, according to Jackson County Assessment Office director Gail McCann Beatty.

Developing . . .

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