It’s Here – The 2023 Midyear Real Estate Update

Many people are wondering about the local market so I wanted to provide a 2023 midyear real estate update. Is it a good time to buy or sell real estate? In my opinion, a good time to buy or sell is when the time is right for you. Having over 35 years of real estate experience, I’ve worked in many markets. No matter what the market is doing, you will adjust to it accordingly.

Thinking of selling your home?

If you are thinking of selling, there are still plenty of buyers out there who are looking for the perfect home. They may pay a little higher in interest rates right now but they will probably not be paying thousands more than the house is worth.

Don’t get me wrong, sellers are still getting multiple offers in many price ranges but houses are selling at a price closer to the actual market value. Furthermore, many buyers have calmed down from the interest rate hikes in the last few months and know if they find the right house, they can always refinance later if rates come down.

Here’s an easy way to find out what’s going with prices in your neighborhood. Click here, enter your address and a report from our local Heartland MLS will be sent directly to your email!

Thinking of buying a home?

First of all, when it comes to buying a home, I have seen interest rates everywhere from 3 to around 12 percent. I personally purchased my first home in the early ‘80s at 16 ¾ %. Interest rates will always be what they are and there is nothing anyone can do about them. We paid 16 ¾% because I was expecting my first child and in my mind, we desperately needed a house. To me, it was just what we had to do!

Not working with a buyer’s agent?

If you aren’t working with a real estate professional to help you buy a home in today’s market, you’re missing out. The right Realtor will help educate you on the market and how to be a winning offer when looking for the perfect home to buy.

Call or text me at (913) 515-3250 for a complimentary buyer consultation.

2023 midyear real estate update

Below are the latest local statistics from Heartland MLS that were reported in April, 2023 for the Greater Kansas City area:

Check out today’s new listings either below or in the sidebar. Call or text me at (913) 515-3250 or contact me here to see inside one of these homes. I AM NEVER TOO BUSY to show you a house. Real estate is my main hustle after 35 years! Everything else I do is bells and whistles to enhance your experience!

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(all data current as of 7/12/2024)

Listing information deemed reliable but not guaranteed. Read full disclaimer.