WOW: Waldo Home Listing Below Quarter Million Bucks Amid Widespread Scarcity!!!

Maybe a better question: 


To be fair, some of the best restaurants in KC are nearby and this enclave hosts a greater quotient of middle-class, middle-age white lady alcoholics than any other part of town. 

The words that sparked our interest . . .

"This is a good one . . . New listing today  . . .The seller has made significant improvements and it’s move in ready! Offered at $239,000. "

Meanwhile . . . Like it or not, the data shows us that this is, in fact, a bargain . . . Check the data:

The median sales price for a new house was $409,300, and the average price was $487,000, the Census Bureau reported.

The numbers come as existing home sales dropped in September to their lowest pace since  2010, according to HUD data.

September sales of existing homes fell 2 percent to a seasonally adjusted 3.96 million units from 4 million in August, dropping by 15.4 percent on the year, HUD reported, citing National Association of Realtors (NAR) data.

“Month-to-month house prices have increased modestly in the last several months, but mortgage rates have trended up recently, and inventories of existing homes for sale are still lean,” the agency said.

Following more than a year of interest rate hikes by the Federal Reserve in response to elevated prices throughout the economy, mortgage rates touched 8 percent in October, the highest level in more than 20 years.

Read more via links . . .

New Listing in South Waldo! Under $250K!

This is a good listing today in south Waldo at 8024 Jefferson St. The seller has made significant improvements and it's move in ready!

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Developing . . .