Coldwell Banker Distinctive Properties Kansas City Blog

What Record-Low Housing Inventory Means for You

Posted by Cassidy Jimerson on February 08, 2021 in  uncategorized
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the inventory of homes for sale is currently at an all-time low. The report explains: “... read more

Owning a Home Is Still More Affordable Than Renting One

Posted by Cassidy Jimerson on February 04, 2021 in  uncategorized
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more affordable to buy a home than rent one. Here’s why. ATTOM Data Solutions recently released the 2021 Rental Affordability Report, which states: “Owning ... read more

What’s the Difference between an Appraisal and a Home Inspection?

Posted by Cassidy Jimerson on February 02, 2021 in  uncategorized
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here’s the... read more

The Importance of Home Equity in Building Wealth

Posted by Cassidy Jimerson on January 28, 2021 in  uncategorized
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is built, in large part, through the creation of equity…Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you... read more

Why Selling Your House on Your Own in 2021 Is a Mistake

Posted by Cassidy Jimerson on January 27, 2021 in  uncategorized
There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner (FSBO), it’s critical to consider the following items. 1. Your Safety Is a Priority Your safety should always come first, and that’s more crucial than ever given the cu... read more
Real Estate Links Our Domains