KC Is In Best Housing Market for 2012

March 23, 2012

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There are several reasons to live near the Kansas City area!

Did you know that several cities around Kansas City landed on this year’s “best housing markets” list for 2012? What this means is that despite the recent real estate drop, these areas are actually expected to grow and have successful real estate markets. Plus, what this also means is that you should get more “bang” for your “buck” in these areas. As a mortgage lender in the Kansas City area, I’m jumping up and down at this GREAT news! And, I also think it’s GREAT news for you, too.

If you’re a Real Estate Agent in Kansas City

First off, chin up – it’s going to get better. All of us in real estate can sympathize in what we’ve been through the past several years. Several have coined it the “worst housing market since the Great Depression.” Lack of qualified buyers and foreclosures have stressed out all of us that work in real estate across the country. However, there seem to many reasons out there to keep looking up. The Washington Post article on copper prices and homes quoted the National Association of Realtors saying the past January and February have been the best they’ve seen in the past five years. NASDAQ reported that the real estate market is lifting a little bit with new construction and home sales. Hope is on the horizon. And especially if you live in the Kansas City area (particularly the KS side.) KCK and Overland Park are even in the Top 10 cities with a strong housing market this year.

If You’re a Buyer or Seller in Kansas City

Housing market projections around KC and the lifting real estate market also mean good news for buyers and sellers. For buyers, it means that you’ll be buying valuable property in great areas. Because this area is still thriving due to many social and economic factors, our quality of living and housing market is projected to be strong. You can be confident that when you buy a home in the Kansas City area, you’ll be investing into a good housing market.

For sellers, it’s also good news because in a good market, homes typically sell better. Reasons like good industry, social opportunities, safety and politics and more give reason to strong housing markets (even when the rest of the country is down.) So because you’re selling in one of the top markets of 2012, you can have more hope that your place will sell. Plus, since reports are that more buyers are out there because of low-interest rates, and new construction has started up again, there’s a lot of reason why to have confidence in your listing this year.

Helping Real Estate in Kansas City

I’m thankful to have my role in Kansas City real estate. I’ve covered why I think this is a great area to live (meaning the BBQ, among other things.) But from the real estate side of things, I’m glad I’ve landed here. It’s a great housing market and Kansas City offers great opportunity. I’m glad I’m not the only one that has taken notice!