Capitalization Rate I get calls from property lenders asking me what the capitalization rate is for a real estate that is particular if cap rates are numbers that one picks from a chart, or away from a tree. Such as markets, capitalization prices are not set in stone, but instead are fluid, Based on public opinion. To put it simply, a capitalization rate can mean numerous different things to numerous different people, dependant upon their perspectives. From the debtor’s standpoint, whether the property being considered of purchase creates a net annual operating income of $120, 000 and the anti ..read more

Kansas City Housing Market Update February 2018 April 2018 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the April data include: April 2018 average sales price for new & existing homes combined ($237,307) is 8.2% higher than April 2017. There were 3,243 home sales (new & existing combined) for April 2018 – .7% lower than last April 2017 (3,266). Home inventory (new & existing combined) for April 2018 (6,558) is 15.3% lower compared to April 2017. The supply of new and existing home ..read more

Kansas City Housing Market Update February 2018 April 2018 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the April data include: April 2018 average sales price for new & existing homes combined ($237,307) is 8.2% higher than April 2017. There were 3,243 home sales (new & existing combined) for April 2018 – .7% lower than last April 2017 (3,266). Home inventory (new & existing combined) for April 2018 (6,558) is 15.3% lower compared to April 2017. The supply of new and existing home ..read more

Kansas City Housing Market Update December 2019 December 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the December data include: December 2019 average sales price for new & existing homes combined ($251,452) is 4.9% higher than December 2018. There were 2,922 home sales (new & existing combined) for December 2019, 16.2% higher than last December 2018 (2,515). Home inventory (new & existing combined) for December 2019 (6,593) is 19.5% lower compared to December 2018. The ..read more

Kansas City Housing Market Update November 2019 November 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the November data include: November 2019 average sales price for new & existing homes combined ($248,317) is 4.2% higher than November 2018. There were 2,881 home sales (new & existing combined) for November 2019, 8% lower than last November 2018 (3,132). Home inventory (new & existing combined) for November 2019 (7,703) is 17% lower compared to November 2018. The supply ..read more

Kansas City Housing Market Update October 2019 October 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the October data include: October 2019 average sales price for new & existing homes combined ($242,308) is 1.8% higher than October 2018. There were 3,397 home sales (new & existing combined) for October 2019, .46% higher than last October 2018 (3,383). Home inventory (new & existing combined) for October 2019 (8,370) is 12.4% lower compared to October 2018. The supply of ..read more

Kansas City Housing Market Update September 2019 September 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the September data include: September 2019 average sales price for new & existing homes combined ($246,188) is 8.3% higher than September 2018. There were 3,275 home sales (new & existing combined) for September 2019, .06% higher than last September 2018 (3,255). Home inventory (new & existing combined) for September 2019 (8,431) is 12.2% lower compared to September 20 ..read more

Kansas City Housing Market Update August 2019 August 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the August data include: August 2019 average sales price for new & existing homes combined ($255,104) is 6.3% higher than August 2018. There were 4,073 home sales (new & existing combined) for August 2019, 3% lower than last August 2018 (4,200). Home inventory (new & existing combined) for August 2019 (8,373) is 12.1% lower compared to August 2018. The supply of new and exis ..read more

Kansas City Housing Market Update July 2019 July 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the July data include: July 2019 average sales price for new & existing homes combined ($256,989) is 6.3% higher than July 2018. There were 4,102 home sales (new & existing combined) for July 2019 0.9% lower than last July 2018 (4,139). Home inventory (new & existing combined) for July 2019 (8,187) is 10.7% lower compared to July 2018. The supply of new and existing homes for Ju ..read more

Kansas City Housing Market Update June 2019 June 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the June data include: June 2019 average sales price for new & existing homes combined ($260,922) is 4.6% higher than June 2018. There were 4,165 home sales (new & existing combined) for June 2019 7% lower than last June 2018 (4,478). Home inventory (new & existing combined) for June 2019 (8,021) is 9.1% lower compared to June 2018. The supply of new and existing homes for June ..read more