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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Liberty. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 816-442-4142
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Liberty is | Increasing |
| Seller Activity for the past 90 days in Liberty is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | There are many deals with our market currently, it has put the great homes into mulitple offers and they don’t stay around very long. The good homes go fast. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | I work with a wonderful lender that is affiliated with Wells Fargo. He is # 1 in the nation with Wells Fargo. He can make dreams come true. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Kansas City |
| Housing Hot Spots | Most cities within the Clay County area are considered ’Housing Hotspots’ Liberty, Missouri is minutes from downton Kansas City. Liberty is a very central part of the Kansas City area. |
| Average Sold Price | $150,000 - View Graph Trend |
Liberty Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
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