Coldwell Banker Distinctive Properties Kansas City Blog

The Overlooked Financial Advantages of Homeownership

Posted by Ed Mueck on February 18, 2020 in  uncategorized
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability. 1. You Won’t Always Have a Monthly Housing Payment Accord... read more

The #1 Misconception in the Homebuying Process

Posted by Ed Mueck on February 20, 2020 in  uncategorized
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction,... read more

Opportunity in the Luxury Market This Year

Posted by Ed Mueck on February 25, 2020 in  uncategorized
Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment. According to the January Luxury Report from the Insti... read more

2020 Interior Design Trends

Posted by Ed Mueck on February 27, 2020 in  uncategorized
If you’ve just bought a house, or you’re in the market to update your interior, 2020 has a few big trends to follow! A new decade means a new stylish change to furniture, paint, and decor. With European inspiration and emphasis on adding color, these trends are fun and versatile!    Classic Blue The 2020 Pantone Color of the Year is a deep shade of blue. There are plenty of beautiful ways to have classic blue in your home: whether it’s a stunning painted wall, a versatile bedside table i... read more

Thinking of Selling? Now May Be the Time.

Posted by Ed Mueck on March 03, 2020 in  uncategorized
The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership rate since 2014 for people under 35. This is evidence that owning their own home is becoming more important to Millennials as they reach the age w... read more
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