The Kansas City real estate market can be difficult to navigate, even in the best times. The economy and housing markets ebb and flow so frequently that it can be difficult to determine when it makes the most sense to hop into the real estate market. The Rob Ellerman Team is here to help you in the hunt for your perfect piece of property in Kansas City. Get in touch with us today and let’s get to work!
Winter is the Season
The winter months in particular provide some interesting opportunities for those investing in a home. People tend to pull their listings around Thanksgiving and leave them off the market until after New Years because of all of the stress surrounding the holidays. The sellers who are eager and end up leaving their property on the market generally tend to be more amenable! You could end up with some phenomenal perks with a house at a bargain price!
The Start of the School Year
Many families are settled into their new homes by the start of the school year. But, that doesn’t mean that all of the other properties on the market just disappear. Actually, as you move into autumn, home sellers tend to get a bit more anxious to find a buyer. This occasionally leads to significant price drops across the market and makes sellers a bit more willing to throw in additional amenities in order to get their property sold. There is a very real possibility that you could find a deal during this period that wouldn’t exist at any other time of the year!
Spring and Summer Can Get Messy
The weather, the lack of school, and the fact that homes likely look the best that they will all year make it seem like an ideal time to move. However, it isn’t necessarily the best time to be a buyer in the Kansas City real estate world. Every year around this time, things get cutthroat. Buyers become extremely competitive, which allows keen sellers to inflate their pricing accordingly, as they know that people will pay for them.
Keep Your Eye on the Market
Consistency is not generally something that can be said about the housing market, which can prove frustrating for prospective buyers. Keep in mind, however, that the roller coaster patterns of mortgage rates plays a large part in the deal that you are going to get on your home. Though no time may be totally certain, there are periods of time in every year where rates tend to go downhill, which is good for you, the homebuyer.
Use these helpful tips in order to navigate the housing market and make your plans for a property purchase in Kansas City.
Contact The Rob Ellerman Team, and we can help you achieve your Kansas City real estate goals today! And let us assist you in achieving your Kansas City real estate goals now.
