Friday, February 20, 2009

How does the Kansas City Market Conditions compare to the rest of the Country?
As you may have heard me say in our monthly podcast at www.kornteam.com the KC market has been sheltered from the doom and gloom around the country. Did you know at after selling real estate for over 18 years, The Korn Team sold more homes in 2008 than every previous year except one (2005-the last "best" year we had in the real estate markets). This year looks to be off to a great start as well. To give you an idea of what the market conditions are like in KC...we have either listed a home, written an offer on a home or received an accepted contract on one of our listings every day since Jan 1, 2009. That is a great sign that people are taking advantage of the incredible interest rates and even though they may not quite get what they would like to get on the sale, we are helping them pick up that savings on the buy side. Over the last 6 months, The Korn Team is getting our seller clients 3-5% more equity than the national average. On almost 20 listings sold, and closed in the last 6 months, we have averaged 98% of the list price for our clients.

When you hear us say, this is a great time to buy...we aren't just saying that. If you have outgrown your home or want to move...this might be one of the best times to do it. If your payment is too much to keep up with, do not just give up. You just might have some equity in your home and don't think you do. Give us a call. We will give you an honest opinion, and help you look at all your options. Remember, it doesn't cost anything to meet with us. We always offer a free, no obligation evaluation of your property. We look forward to helping you when you do get ready to do anything with real estate.
Brad

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