Oops! I did it again...or rather, the Feds, that is. Yep, once again, mortgage rates have hit an all time low since the tracking of rates began in 1971. According to Freddie Mac, the national average rate for a 30 year fixed loan is now at 4.54%...down from 4.56% from the week before. The only other time we have seen rates this low or lower was back in the 1950s...back when mortgage loans were for only 20 or 25 years.
And for those interested in the 15 year fixed, you can celebrate a drop there too. Those … (0 comments)
You don't need to be a home insurance expert to make sure everything you own is properly covered. Take a look at this breakdown and use it as a reference when evaluating your home: Home Structure: The price you paid for your home is most likely not going to be the amount it will be insured for. You'll need to take a look at how much it will cost to rebuild your home...consider the square footage, material costs, and any special features you would like to add. Personal Property: Your personal possessions need to be protected also. Make a list, … (1 comments)
leawood: Kansas City Market Reports for June 2010
- 07/19/10 02:29 AM
As a Board of Director for the Heartland MLS, I'm eager to share last month's home sales reports for the Kansas City area. Overall, the month of June was not bad in the world of Real Estate. Prices have increased slightly for both new and existing homes, sales for new homes are up, inventory for new homes is down, and supply for new homes is decreasing. On the flip side, new home prices in all Kansas counties were down and the inventory for existing homes was up.
Average Sales Price: For the month of June, the average new home price … (0 comments)
leawood: Only 38 Days Remain to Take Advantage of the First Time/Repeat Buyers Tax Credit
- 03/23/10 09:58 AM
Believe it or not, your April deadline is quickly approaching. The First Time/Repeat Home Buyer Tax Credit deadline is April 30th...only 38 days away as of today! What does this mean for you? It's an $8000 tax credit for first-time home buyers and $6500 for repeat buyers, if you meet certain requirements. You have until April 30th to be under contract, but unlike the credit last year, you have until June 30th to close. And with interest rates for a 30-yr fixed mortgage still hovering under 4.9%, now is the time to buy...or sell and buy!Check out homes for sale in the Kansas City metro area … (0 comments)
leawood: "Go Green" with this remodeled ranch in Leawood, KS
- 09/22/08 12:43 PM
Here’s the best of new & old. KC area “green” builder has completely remodeled this classic Leawood home on a quiet interior street with all the modern updates, warm natural materials, unique design, & earth friendly features. Natural stone, cedar beams, & oversized front patio distinguish this home to anyone approaching. Soaring vaulted ceilings & deep tone hardwood floors greet you as you enter to the great room. A dream kitchen boasts a huge island, cherry cabinets, granite counters, & professional grade stainless appliances - perfect for entertaining. Next, a new expansion added just for the Master Suite & stunning private … (0 comments)
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