Wednesday, May 15, 2024

Kansas City area market update Q4 2024


Affordability challenges continue to impact Market activity with many buyers and sellers at a standstill due to fluctuations in mortgage interest rates which are up considerably from this time last year.

Some prospective buyers have been sidelined by elevated sales prices and higher borrowing costs causing existing home sales to fall while many would-be sellers with low rate mortgages have delayed their decision to sell in hopes market conditions will improve further reducing the number of homes on the market.

The number of homes for sale was down compared to this time last year. Inventory levels marketwide decreased 12.8 percent to 4,978 units. The Month's supply of inventory was up slightly to 1.6 months. Pending sales decreased 13.6 percent from the second quarter of 2022 to 10,651 for the quarter. Closed sales decreased 16.8 percent from the second quarter of 2022 to 10,204 for the quarter. 

The trend of decreasing sales continues as interest rates remain high and home prices have not come down enough to keep them affordable. Prices were up compared to last year at this time the average sales price increased 5.1 percent to 363,576 dollars. The lack of inventory continues to push home prices up despite the increasing interest rates. Percent of original list price received was down slightly from Q2 2022 however most homes are still selling at or slightly above that original list price due to the continued imbalance in supply and demand that boosts competition. Among home buyers especially in more affordable markets the shortage of existing homes for sale has also led an increasing number of buyers to the new Home Market which has seen construction and new home sales surge in recent months exceeding expectations and causing Builder confidence to rise to levels not seen in nearly a year. 

Buying a home with an experienced Realtor is more important than ever with the low inventory and multiple offer situations. If you own your home and want to see how your property would perform in this current market, contact Brad Korn (816) 224-KORN (5676) or find us just about anywhere on the internet by searching "KornTeam Real Estate". 

Monday, May 13, 2024

Lake Winnebago, MO (Missouri) Lake Tour with Brad Korn and Lake Homes for sale in the area. KornTeam Selling Greater Kansas City Lake Properties


Lake Winnebago. Missouri: Take a Boat Tour with Brad Korn at Lake Winnebago MO , Luxury recreational lake community in the Greater Kansas City area. To check out the Lake homes for sale, https://portal.onehome.com/en-US/share/1002089o06783

Wednesday, May 08, 2024

LAKE FRONT in Lake Winnebago! Rare Find Ready to Move In for Summer


328 N Winnebago Drive, Lake Winnebago, MO 64034
L Price:$1,000,000



MLS#:2486829Status:Active
Lake Front Property in Cove                                       
County:Cass

Sub:Lake WinnebagoType:SINGLECDOM:
564
Bed:6Full Bath:3Half Bth:1DOM:
4
Above Grade Fin:4,596Source:Public RecordsTotal SF:6,894

Living by the lake is a Summer Night Dream!! AND, Summer is here! The Lake Winnebago community is one of a kind! And NOW you have your opportunity to get in! This waterfront residence nestled in tranquil cove w/ deep waters epitomizes the essence of lakeside living. Mesmerizing sunsets from amazing expanded outdoor Yacht Club, Restaurant, Bar & Marina like setting. Main level primary suite walks out to cove lake view. Lodge like Family Room on the main floor and walks out to sunroom with panoramic lake views, skylights, fan and walks out to deck. Spacious great room. Throughout the main living area, exquisite Brazilian wood floors adorn the space, enhancing its allure. The home boasts granite counter tops, stainless steel fridge with a cozy breakfast nook, alongside a dining area, hearth room. Accommodations include three bedrooms on the Main Floor with Bonus Craft, toddler, office/den room with access from the Master or hallway.. Mud room conveniently located laundry facilities on main floor between kitchen and garage with HUGE pantry. @ 1/2 baths on the main floor. The MAN/WOMAN/ANYONE Party CAVE Walkout basement, where a second full kitchen, two more bedrooms, a full bath, and a sizable rec room with a fireplace and pool table await, providing an ideal setting for gatherings regardless of the season. Ample storage ensures organizational ease, while exterior maintenance is simplified with stucco front giving this home an updated, modern look with vinyl soffits and fascia, and an integrated sprinkler system. A three-car garage - YES!!! 3 Car garage on a Lake Front property!!! RARE! offers oversized driveway and parking convenience most lake communities don't offer. High end, fast acting GE whole house generator ensures uninterrupted power supply. Outside, a two-level deck and patio, Covered patio all create an enchanting year-round retreat, complemented by a double-decker boat dock w/ composite decking & a boat lift, completing this exceptional lakeside haven.
Private Remarks - Showing Agt Info:
 
Directions:
BONUS ... VA Assumable Loan!!! Could be a possibility for you getting half of the mortgage on an incredible interest rate. Holidays are celebrated with parades and other activities. There are social clubs and several hobby clubs available. And don't forget walking trails and a park with tennis and pickleball courts, playground for the kids, restrooms and picnic tables. It's time for you to live your best life - at Lake Winnebago! DIRECTIONS: 291 Hwy, South of 150 Hwy to Lake Winnebago entrance. Follow street toward the Yacht Club. 2 streets past the park, turn right on Winnebago Drive (just before you go over the small Dam) to property. *** BE SURE to only drive 25 miles per hour! Our police force is amazing and always patrolling the neighborhood. ALSO.. *** big bump turning on to Winnebago to the property. Go Slow. Enjoy the calming, peaceful neighborhood drive. It is awesome when you live here.

Friday, February 16, 2024

FOR SALE: 556 Hackberry Street, Americus (Emporia area), KS 66835



Remarks & Directions
Instantly feel at home with the charm of this bungalow. When you first walk in, you will be impressed by the large rooms, open space and high ceilings. Enjoy the spacious living room that opens into a large dining room and open concept kitchen, great for hosting family and friends. Enjoy the oversized sunroom on the back of the home that leads to a massive deck and large fenced in yard. Tons of storage available with 3 large storage sheds and an oversized, detached garage. Feel at ease with a brand new roof that comes with a transferrable warranty! The open layout of this bungalow creates a seamless flow between the living, dining, and kitchen areas. Enjoy gatherings with family and friends in the cozy living room or entertain in the dining space that connects effortlessly to the kitchen. The expansive yard provides opportunities for gardening, play, and relaxation. Ideally situated, this home offers easy access to local amenities, making it convenient for everyday living.
556 Hackberry Street, Emporia, KS 66835
L Price:$130,000
MLS#:2469141Status:Active
Residential                                       
County:Lyon
Floor Plan:Bungalow, RanchStyle:Craftsman
Construct:Frame, Vinyl SidingRoof:Composition
Garage:1/DetachedBsmt:Crawl Space

Wednesday, June 07, 2023

Greater Kansas City Real Estate Market Update Quarter 1 2023



Kansas City Quarter 1 update Mortgage rates are still moving and started Q1 around the low 6% creating surge is showings and pending offers. New home sales improved and days on market extended giving buyers a little more breathing room to look at homes. Pending and closed sales dropped a little as prices were going up. the inventory levels went up, and at this time last year, the prices this year were up a little over 1%. The inventory is low even though the days on market has gone up just over 30 days. That inventory catching up causes prices to come back to a more normal market. Active buyers are definitely taking advantage of the leveling out of the market and with interest constantly changing up and down, they are not having to compete against dozens of offers and getting homes for fair prices. At the same time, economics 101 will show that if there are still more buyers than homes available, new home owners are still benefiting from higher than normal appreciation. Sellers are still getting 97% of sale price.

Friday, June 02, 2023

Real Estate For Sale 7025 Willow Avenue, Raytown, MO 64133

7025 Willow Avenue, Raytown, MO 64133 L Price: $214,900 MLS#: 2438411 County: Jackson Raytown Area Sub: Loveland's Add Bed: 3 Full Bath: 1 Half Bth: Total SF: 1,294 Yr Blt: 1959 Fireplace: Yes Central Air: Yes Gararage: Yes Ready to move in NOW! Quite a few Updates. semi-private street is a one-way. Maintenance FREE exterior vinyl siding. Newer HVAC system and is a heat pump. BONUS!!! TWO living areas on main floor. Living room offering luxury vinyl plank flooring and big window. Living has 2 walk through to kitchen and dining. Family room off the kitchen/dining area and has vaulted ceiling, ceiling fan, fireplace and walks out to HUGE 16x15 deck. Lots of counter and cabinet space in open kitchen including all the appliances in the house, stainless steel fridge and AIR-FRYER stove. Microwave, dishwasher AND WASHER & DRYER!!!! Why rent? Own a home for what most rents are. Get the country feel and you may even hear a rooster once in a while. Great size driveway and garage plus added concrete along side of home. Seller is providing a home warranty to cover plumbing, electrical, appliances and more for your first year.

Thursday, May 04, 2023

Acreage For SALE: 321 N Buckner Tarsney Rd, Buckner MO


Lot Size: 10 - Acres Year Blt: 1885 Floor Plan: 1.5 Stories, 2 Stories Style: Colonial, Traditional Garage: 2/Detached, Gar Door Opener Lot Desc: Acreage, Level, Treed Elem: Buckner Middle: Fire Prairie Sr High: Fort Osage Been dreaming of "getting away" from the hustle and bustle.. yet still need to have some hustle every so often and get some bustle, This is the perfect 10 acre get-away. Fabulous farm-type house with maintenance free exterior. Lovely set up located just between Buckner Missouri (and 24 Hwy) and Grain Valley, MO (and I-70). Open Country Kitchen with lots of cabinets and lots of windows in the breakfast/hearth room area. Enclosed porch is amazing as well. Main floor bedroom off entry. Directions: I-70 to Grain Valley exit, north on Buckner Tarsney, about 3 miles north of exit, home has white picket fence on east side of road. OR>>> from 24 Hwy, in Buckner go south on Buckner Tarsney about 2 miles, home on left side of road.

Friday, April 21, 2023

Top Places to Visit in KC: The VOO


Living in Kansas City.. one of the top places to be seen!!! The Voo, now open, in the Muehelbach hotel. Proud of Allison Korn being a part of it's design, opening and managing the bar. You may catch her impromptu singing with the piano guy. 

Saturday, April 08, 2023

For Sale: 35010 E AA Hwy, Oak Grove, Missouri ACREAGE OUTBUILDING 4 Car


35010 E M AA Highway, Oak Grove, MO 64075
MLS#:2428113
Bed:3Full Bath:2
Total SF:2,100
Lsz:4.87 - Acres
Garage:4/Attached, Built-In, Detached, Garage Faces Front
Elem:Stony PointMiddle:Grain Valley South
Sr High:Grain ValleyDistrict:Grain Valley
TRUE RANCH 5 ACRES m/l with a POND!!! 2 Living area on Main,
and lower level being used as bedroom w fireplace. Great location
across the street from Monkey Mountain Sports Complex. Grain Valley Schools.
Main Floor Living with spacious rooms throughout. Lots of windows.
Huge Living Room offers a brick, wood burning fireplace. Large,
open country Kitchen walks out to a 28x14 Deck...perfect for relaxing
or entertaining. Partially Finished Lower Level includes a Rec Room with a fireplace
and Full Bath (currently used as 3rd BEDROOM). TWO Laundry Hook-Ups...
one on the Main Floor (in 2nd Bedroom), and the second one in the Lower Level.
Thermal windows. Large 50x30 Outbuilding...giving this property a total of 4 car Garages.
1 car Garage attached to house and 3 car Garages in Outbuilding.
Mature trees, firepit, and lots of room for a garden. Pond on Property.
TWO Driveways. Seller provides a Home Warranty.
Private Remarks - Showing Agt Info:
TWO Lots being sold together if looking at MLS Map/Tax Records.
 
Directions:
I-70 to Grain Valley Exit. S through town past railroad tracks to
next Stop Light (OLD 40 Hwy), E towards Monkey Mountain Sports Complex,
Property is located right across the street.



Saturday, April 01, 2023

FOR SALE: Lakefront: 113 N Winnebago Lake Winnebago, MO 64034

FOR SALE:
LAKE FRONT! OPEN HOUSE Saturday 4/1 & Sunday 4/2, 1-3pm: 3 Bedrooms. 4 full baths. Open main floor living area. Loft and 2 bedrooms up. Electric bills virtually GONE! $150 all last year with Solar panels! Recreational Lake - boating, skiing, watercraft & GREAT Fishing! Weekly fishing tournament. Boat ramp across street (list at HOA to get on for renting boat slip). Sits on the main channel of the lake, literally walk across front yard and street to fish off public docks. Spectacular views from main floor living areas. Sit on front deck that is partially- covered for entertaining, relaxing, enjoying the lake view and amazing sunsets.. Location, location, location. Great community and hard to get in for under one million in this lake and choice for many Eastern Jack & Cass lake residents. The gorgeous view of the main water of Lake Winnebago will take your breath away. Enjoy the sailboat races or sunsets. This is truly one of the best locations in the heart of Lake Winnebago with easy access to the highway. Amenities: Club House, Community Center, Play Area, Tennis Courts, Trails. Here is your opportunity to become a part of this great lake community! Year round vacation living is a reality. Welcoming, grand front Porch is partially- covered for entertaining, relaxing, enjoying the lake view and amazing sunsets. Enjoy fires in the off season in the stone fireplace in spacious great room. Enjoy fun community activities, playgrounds, walking trails and lake. Dine at the yacht club. St Patty's Day and 4th of July events are so much fun. Lee’s Summit Schools. The Community is a perfect place for all

Friday, December 23, 2022

8905 Oak Street, Kansas City, MO 64114 For Sale


8905 Oak Street, Kansas City, MO 64114
L Price:$275,000
MLS#:2415964
Bed:3Full Bath:2Half Bth:1DOM:
1
Above Grade Fin:1,632
Just Pack Your Bags and MOVE IN! So many updates!!! Lots of sq footage in this Side to Side Split home. Vaulted ceilings in Living and dining area. Upgraded vinyl windows throughout. Open, Spacious kitchen walk out to HUGE deck!! Lots of cabinets and counter space. Family room has wood burning stove insert AND walks out to patio. Master bedroom is large with 2 double door closets. Attic Fan, large garage. Waldo living just minutes from Waldo shops & restaurants! HUGE basement with updated HVAC system. BONUS: refrigerator, washer, dryer, gas stove .. all appliances are staying.

 
Directions:
I-435 to Holmes, N to 89th, W to Oak, S to home. ... OR from 85th and Wornall, go south on Wornall to 89th, East to Oak, South to property.

Saturday, December 10, 2022

For Sale: Golf Living: 11626 E 85th Street, Raytown, MO 64138


11626 E 85th Street, Raytown, MO 64138
L Price:$225,000
MLS#:2414151Status:Active
Residential                                       
County:Jackson
GOLF COURSE NEIGHBORHOOD! (Half-Duplex) All Main Floor Living...Master Suite, Laundry, and Garage without any steps. Spacious, open floor plan. Living Room has a vaulted ceiling and walks out to a Covered Deck. Cozy see-thru fireplace between Living and Dining area. Kitchen offers plenty of cabinets and counter space. Half Bath with Laundry Room conveniently located off Kitchen area. Finished Lower Level walks out to a Covered Patio. Both Family Room and Living Room are 19'x15'. TWO Bedrooms in Lower Level with egress windows. Extra large 10x8 Full Bath between bedrooms. Fenced backyard. Large lot in culdesac. Maintenance Free Exterior with vinyl siding. Large 3-4 car driveway.
Private Remarks - Showing Agt Info:
 
Directions:
50 Hwy to Westridge (Teetering Rocks Golf Course) going S/SE towards yellow barn, take that to 85th Street, W to Property.