Lee's Summit Real Estate and Community News

Dec. 4, 2017

Turn Key Christmas Tree Farm For Sale in Pleasant Hill, MO

For more information and pictures of this Property Christmas Tree Farm For Sale

Posted in Real Estate News
April 3, 2017

Great New Home Options Under $300,000

People ask me all the time about home options priced under $300,000. In Raymore, out at Whitetail Run, there are a number of these properties. The first is a 2,600 square ft. home priced at $279,950.

 

This particular home is built by Allendale Builders, who have been in business locally for over 25 years building homes in Lee’s Summit, Greenwood, and Raymore. They’ve got a great product, great subcontractors, and high-quality craftsmanship. This California split is fully loaded with a stone fireplace, granite countertops, hardwood floors, designer carpets, and more.

 

If you want to take a look at this home or are interested in building a home of your own for under $300,000, there are about four different plans you can choose from over here that will fit into that budget.

 

If you have any other questions, don't hesitate to give us a call or send us an email. We look forward to hearing from you.

 

Posted in Real Estate News
March 17, 2017

Join Us for the Spring Parade of Homes

 

Today we’re at Woodland Hills in Greenwood, Missouri to talk about the Spring Parade of Homes that begins in April.

 

April 22nd marks the start of the Spring Parade of Homes. It lasts for two full weeks and three weekends. I’m currently at Woodland Trails which features our row of new model homes. We currently have six new homes going up that range from $399,000 and up.

 

The six finished homes you’ll be able to walk through range from a two story to a reverse. It’s a great time to come out and see what the new trends are and what new floor plans are being offered.

 

We look forward to seeing you there!

Posted in Real Estate News
Feb. 3, 2017

Make Your Offer Stand Out in Lee’s Summit

For all you Lee’s Summit buyers out there - do you know the best ways to get your offer accepted when you run into multiple offers? Everybody knows there’s a small amount of inventory on the market, so we’re seeing up to seven offers on the same house.

 

To get yours accepted, start by submitting as clean of an offer as possible. Don’t add a lot of requests; make it friendly. Give the sellers time to get out of their house instead of asking to take possession immediately. Offering three or four days will put them at ease and allow them to get things done in a timely fashion.

 

 


Put a nice amount of earnest money down.

 

Secondly, put a nice amount of earnest money down. Show that you really want it by putting down $3,000 in earnest money on a $200,000 house, for example. Some people don’t want to put much earnest money down, so putting down more shows that you’re committed.

You can also ask your Realtor to ask the selling Realtor what the seller wants. They might have specific wants in terms of moving dates or times.

Finally, it’s important to offer the right amount. Adding an extra $2,000 might not even cut it. Consider offering $5,000 more if you’re really committed. The extra money over time is worth it if you’re really committed to the house.

If you have any questions about this topic or are thinking of buying of selling in the Lee's Summit market, please don't hesitate to reach out to me. I'd be happy to help.

 

Posted in Buying a Home
Jan. 18, 2017

Some Lending Changes to Be Aware of

 

Happy New Year to! We are very excited about 2017 and we have some good news to share with you to kick the year off.

 

The FHA has changed their loan requirements. They used to have a lending limit of $271,000, but as of January 1st, that limit is now $308,000. This is going to allow buyers to purchase better homes. They have also cut their mortgage interest rate. The rate used to be 0.9% on the loan amount, but that figure has now been cut to 0.55%. That’s great news for FHA buyers. As home prices have increased, limits have gone up and rates are lower.

 

 


As home prices have gone up,
so have lending limits.

 

The lending limit has changed for conventional financing as well. It has gone up from $417,000 to $424,000.

 

Interest rates are also looking really good right now. For FHA loans, they are around 3.75%. For conventional financing, they are around 4.1%.

 

We are really looking forward to serving you, your friends, and your family. If you have any questions, comments, or concerns, give me a call or send me an email. We look forward to hearing from you!

 

Posted in Buying a Home
Dec. 16, 2016

Happy Holidays From Our Team to Your Family


 

We're definitely ready for Christmas at our house—the tree is up and trimmed, and we can't wait.

 

I just wanted to take a quick minute today to wish you and your family a very merry Christmas. I hope you have a blessed time with your family and friends this season. We love this time of year and hope you do too!

 

We appreciate you tuning in for our updates this year. We hope this information has been valuable and informative for you. We're excited for next year and all the new content we'll bring you.

 

Merry Christmas and Happy New Year!

 

Posted in Community News
Dec. 7, 2016

How Has Our Market Improved in a Year?


We’ve got the most recent numbers for you for the Lee’s Summit real estate market. We took a look at the numbers from the first 10 months of this year and compared them to the numbers from the first 10 months of 2015.
Things are winding down, so we have a pretty good idea of how the year is shaping up as a whole. Here’s what we’ve found.

 

So far in 2016, we have sold 1,450 units for an average price of $215,000 in Lee’s Summit. The median days on market for these homes was right around 40 days. In 2015, our median home price was $195,700 and we sold 1,300 units through 10 months. Our units sold increased by 10%, and the average home price increased by 9%. That’s great news for sellers.

 


This is great news for sellers.


For new construction homes, we’ve sold about 240 them so far in the first 10 months of 2016, which is nearly identical to the 241 we sold last year. However, the average price for these homes is up about 3% from $347,450 to $357,450.

 

I hope this information was beneficial to you. If you have any other questions or want to know some more details about your specific market, give us a call or send us an email. We would love to hear from you soon.

Posted in Real Estate News
Nov. 14, 2016

Wishing You a Happy Thanksgiving

From us, all our agents, and all our families, we wanted to take some time to wish you a Happy Thanksgiving. We pray that you, your family, your loved ones, and your friends experience great joy this time of year and have safe travels wherever you’re going and truly enjoy your time with family.


What we try to do in our family is take some time to think about what we were thankful for and express that to one another.
As our children have gotten older, we have set aside time each year to dig into Thanksgiving, find out what it’s all about, and find out more about our family.

 

We hope and pray that you have a wonderful time this year and can experience the great joy and peace around Thanksgiving. We thank you for all that you do from our family to yours.

 

Have a Happy Thanksgiving!

Posted in Community News
Oct. 20, 2016

Don’t Be Afraid of Listing During Fall or Winter


This time of year, people are always wondering whether they should list their home or not because of the preconceived notion that fall and winter are bad seasons to be selling.

 

The truth is, there is no bad time to list your home. On the contrary, fall and winter are great times to sell your home because there is usually far less inventory for buyers to choose from. Less inventory means that you will get more showings.



Fall and winter are great times to
be selling your home.

 

Generally speaking, a lot of people relocate toward the end of the year and spend their time over the holidays checking out properties to see what’s available and what’s not. Granted, inclement weather can sometimes impede this trend, but if a buyer is out and about during a snowstorm, you know that they’re serious about getting a house.

The overall numbers do not vary greatly between quarters. For example, in the first quarter of 2016, we had 344 units; in the fourth quarter of 2015, we had 402 units. These figures should tell you not to be scared of listing your property during the third or fourth quarter. It’s still a strong market, and there are people out there who still want to buy homes.

If you’re interested in buying or selling a home this time of year, give us a call or send us an email. We’d be happy to help you in any way we can.

 



 

Posted in Selling Your Home
Sept. 6, 2016

Breaking Down the Appraisal Process



With the way home values are increasing, we’re up 5% year to date for the median home sale price. That makes now as good a time as any to talk about appraisals.

 

Appraisals are a necessity that have to be done whenever you’re getting a loan from a bank. The bank needs to know that they will have sufficient collateral to justify the loan. For this reason, they send out an appraiser. An appraisal is one person’s opinion of value. During the appraisal, the appraiser studies things like the comparables, the sales, and other things around the area to determine this value. You could have three different appraisers, and get three different values on a house.

 

This subjectivity can lead to issues we’ve had recently because of prices going up quicker than what the history shows. Appraisers always go off recent history, meaning what’s sold in the last several weeks or months. When prices are going up quicker and houses are being bid on over asking price, it’s harder to get the appraisal done right. Regarding the value of your home, then, sometimes it can boil down to the luck of the draw of what appraiser you get.

 


We help ensure that your home is appraised
correctly, efficiently, and on time.

 

When we act as your selling agent, we like to meet the appraiser at the house and go over the comparables we’ve found in the area concerning other houses. We talk about the showings, the feedback, how many offers we got, why people are interested in the house, and other pertinent items to help ensure that your home is appraised correctly, efficiently, and on time.

For more information about appraisals, or any help with anything related to real estate in the Lee’s Summit area, please give me a call or send me an email.

Posted in Selling Your Home