Which side of the fence are you on? - 02/19/08 04:33 PM
and what will be the tipping point. Everyday I read another story about the subprime mess, the liquidity crisis, possible recession and yes the woes in the housing market. What I am trying to do is get a feel for how people really feel on the street. I know what the government tells me, I know what the news media tells me but what I really want to know is, how do most honest hard working americans feel about the economy, their job and of course houses.
As I go to the supermarket the first thing I notice is people, lots of people … (1 comments)

Roeland Park, KS 4819 Canterbury Street - 02/19/08 04:29 PM
 
 Roeland Park cutie priced to sell today at $108,000. Perfect for the first time buyer or for an investor. 3 bedroom, 1 bath ranch with huge backyard, hardwood floors, newer kitchen, newly tiled bath with tumbled marble. Huge yard includes mature landscaping, brick patio and koi pond. To view this house today call Michael Russell 913-681-1383 www.mikerussellhomes.com  or email me at michael@russellhometeam.com  
      
2008- The Russell home Team- 913-681-1383 www.mikerussellhomes.com
… (0 comments)

Kansas City Real Estate Market Report, Is it really that ugly? - 02/19/08 01:48 PM
Yesterdays KC Star described the 2007 real estate market as ugly. They spewed off a bunch of sales that showed some sellers taking a real beating on the sale of their home. The question I want to ask is this truly what is happening in our market? or is it more isolated? Perhaps there is a side of this story that you are not seeing or haven't thought about.
By reading yesterdays article you would think that 50% of the homes in the area are in foreclosure and the other 50% have lost over 10% of their value. Let the truth be known … (0 comments)

Johnson County KS Home sales report, Were not ugly at all - 02/19/08 01:46 PM
The Kansas City Star reported this Sunday that 2007 home sales were ugly. Well they weren't talkin about my girlfriend Miss Johnson County Kansas. While she wasn't beautiful in 2007 she was at least cute. Johnson County KS has 24 zip codes and 16 of those zip codes showed an increase in sales price for the year 2007. That is almost 75% of the zip codes in Johnson County showing a price increase for 2007. Now I said she was cute and that is because those gains were generally modest with most being less that 1 percent but that sure beats … (1 comments)

Homeowner Assistance Hotline - 02/15/08 11:07 AM
I know that there are a lot of Homeowners hurting out there. The only thing that makes your situation worse is being preyed on by vultures looking to profit off of your misery. I wanted to make sure that Homeowner in trouble have access to people who can really help them.
The Hope Now program is HUD approved and has the support of most major lenders including Wells Fargo, Citi, Countrywide and BOA.  If you are behind on payments call their hotline at 1-888-995-HOPE or check out their website at www.HopeNow.com Don't wait till it is too late to get help.
2008- … (1 comments)

Think of us like the Kelley's Blue Book for Houses - 02/14/08 11:42 AM
I had to go buy a new car for my wife recently, I was amazed at all of the information that was available to me. From Cars.com, Edmunds and a great site from the EPA that actually compares cars side by side for mileage based on your actual usage. But the 1 site that was indespencable was Kelleys Blue Book. I was able to find out not only dealer cost on the vehicle but the factory incentives and what people actually were paying for the vehicle. I thought to myself that we realtors are kind of like the Blue Book for … (0 comments)

Kansas City Foreclosure Rate just above national average - 02/14/08 10:53 AM
The 2007 foreclosure rates were announced yesterday by the tracking firm Realtytrac. While some areas of the country have been hit really hard, Kansas City is just slightly above the National average. There was some cause for concern though as the rate of foreclosure did rise almost 85%. from 2006. There were several areas of the country that were hit extemely hard including Detroit, parts of California and Las Vegas.
National Average        1.03%
Detroit                           4.92%
Stockton, CA               4.87%
Las Vegas                    4.23%
Kansas City                 1.18%
 So just a little bit above 1 out of every 100 households. The thing to remember is that not all of these homes … (0 comments)

Remember for Valentine's Day, people really love houses - 02/14/08 10:33 AM
With all of the slowdown in the market, a possible recession and all of the other problems like rising energy costs, Health care and who knows what else. It is easy to forget that people love houses.
While many buyers seem content to sit on the sidelines, I truly believe that they are really chomping at the bit to buy. They are just to scared to make the jump right now. So what is missing? Confidence is what is missing.
I can tell by the traffic at my website that people are looking at house, they are looking at them everyday. I … (0 comments)

Investing in Kansas HUD Homes - 02/08/08 03:54 PM
Have you been considering investing in the Kansas City Metro area? Right now is a great opportunity to start looking for investment property. One of the easiest ways to get into investment property is HUD homes, these homes were purchased using Federal Housing Authority (FHA) loans insured by the federal government. Once an FHA loan is foreclosed upon the property is turned over to the Department of Housing and Urban Developement (HUD) Right now there are 26 HUD properties available in Johnson, Miami & Wyandotte counties with price that start at $6000 and go up to $175,000. No I did not … (0 comments)

Foreclosed Home Tour Johnson County KS - 02/05/08 12:43 PM
On Saturday February 23rd The Russell Home Team in conjunction with Mortgage Lnders of America will be touring 5 recently foreclosed homesin the johnson County Kansas area including Overland Park, Olathe & Lenexa. These homes will have been foreclosed by HUD, VA, Fannnie Mae or local banks.
Prices and conditions of homes ary widely. Some homes are move-in condition and some are total train wrecks. If you are interested in joining the tour please call or email Michael Russell at 913-681-1383 michael@russellhometeam.com
We are in the process of setting up future tours to include foreclosed properties in Wyandotte, Jackson and Platte counties. … (0 comments)

LionsGate Overland Park KS Foreclosure Available - 02/05/08 11:17 AM
Newly Listed foreclosure available in highly sought after Lionsgate subdivision. Very rarely will you see a foreclosure in Lionsgate. Don't miss the opportunity to save a lot of money. This property will not stay on the matket long. Here are some of the details:
Price- $439,900
Style- Traditional 1.5 story
Bedroom- 4
Bathrooms - 4 full 1 half
Sqare ft- 3403 per MLS listing
Basement- finished walkout
Schools
Elementary-Lakewood
Middle-Lakewood
High- Blue Valley West
For more great details about this property contact Michael Russell at 913-681-1383
To see more houses in Lionsgate click Here
To find out how much your home is worth instantly click here
2008- The Russell Home Team- Overland Park … (1 comments)

Now more than ever, your credit score counts - 02/04/08 03:09 PM
First it was lenders then it was insurance companies, now it looks like Healthcare is next. If you don't think your credit score matters you might want to think again. A new company Healthcare Ananlytics is creating what is called MedFICO, the new score is inteneded to judge your willingness to repay your medical bills.
So how does this afect you? If it is anything like you regular FICO score you can expect to pay higher premiums if you have been late paying previous medical claims.
The question I have is how accurate will this be and how will this information be obtained?
According to … (1 comments)

 
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Overland Park Real Estate and Homes for sale :: Michael Russell

Overland Park, KS

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Overland Park KS Realty Executives

Address: 11401 Ash, Overland Park, KS, 66224

Office Phone: (913) 735-7104

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The place for Overland Park real estate news & Johnson County KS Real estate news, Check back often for Overland Park Homes & market reports, home information and real estate news. Michael Russell reviews
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