What Did I Miss 1-27-15?

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What’s Happening at BHG KC?

You’re Invited: Year-End Event

Join us for our year-end recognition event on Thursday, February 12 from 4:30-7pm at the DoubleTree by Hilton Hotel Kansas City – Overland Park (10100 College Boulevard, Overland Park, KS 66210).  This year’s theme is “Talk of the Town” . . . look for an invite in your mailbox later this week.  We’re looking forward to celebrating you and your 2014 accomplishments with drinks, hors d’oeuvres and a short ceremony.  Please RSVP to rsvp@kansascityhomes.com no later than Thursday, February 5th.  We hope to see you there!

Harvesters Donations

Thanks to your generosity- The Northland Office was able to donate 182 pounds of food this December to Harvesters. The donations that you made will provide the equivalent to 140 meals.

Our Adopted Family

The Stults brothers are together again.
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Because the passing of Parker Stults we will be in search of a family for the office to adopt. Please send an email to kferrara@kansascityhomes.com if you are aware of a family in need. I will share the stories that I receive and we can pick a family to support.

Parker was the second son of the Stults family to lose the battle with Niemann-Pick Type C Disease. The family has always amazed me with their strength and faith. The boys great grandmother, Celia, sent this message last week.

“Our sweet great grandson, Parker Stults, 9, went home to JESUS and his brother Brisan this afternoon (Jan 23) at 1:55 p.m……..he was at home with his family and friend around him.  He defeated NPC and is totally healed and now playing with his brother Brisan who passed away last March 4th…….they are both running, walking, talking  and eating at the feet of JESUS and have no more pain or boundaries as they did in this world.   JESUS answered our prayers and  his homegoing was peaceful. Thank you all for your love, prayers and support during their lengthy illness…….Please continue to pray for their family whois still here……brother, Duncan, Mom/Dad and foster siblings.”

Visitation: Thursday, Jan 29th 5:30-7:30p

Funeral: Friday, Jan 30th10AM

Where: Pleasant Valley Baptist Church, Liberty, Mo

 

What’s Happening at KCRAR?

December highlights from KCRAR regarding the real estate market.

  • Dec. 2014 average sales price for new & existing homes combined ($196,376) is 3.5 percent higher than Dec. 2013.
  • There were 2,304 homes sales (new & existing combined) for Dec. 2014  – 0.5 percent higher than Dec. 2013.
  • Home inventory (new & existing combined) for Dec. 2014 (10,950) is 10.8 percent lower compared to Dec. 2013.
  • The supply of new and existing homes for Dec. 2014 is 4.1 months - representing a home market slightly favoring sellers.

Networking Kick-Off/Meet your Boards of Directors hosted by YPN/KC @ Coal Vines on the Plaza Jan 29 @ 5:00 pm – 7:00 pm. Join YPN/KC for an evening of networking and an opportunity to meet your 2015 Boards of Directors for KCRAR and Heartland MLS. This event will be held at Coal Vines on the Plaza on Thursday, Jan. 29 from 5-7 p.m. Free Event – No Registration Required Light Appetizers/Cash Bar available

What’s Happening at NAR?

NAR Economists Outlook shared a story regarding the recent FHA changes

FHA Lowers Pricing to Reflect Less Risk

Posted in Economist Commentaries, by on January 8, 2015

Here is the entire story. To follow is a small portion of the article that summarizes what this means to your clients.

Borrower Impact
For a borrower with a $200,000 mortgage, this changes amount to a reduction in the monthly payment of $83, an improvement of 7.1%, or nearly $1,000 over the first year. By year five, this borrower has saved nearly $4,800, but over 30 years the borrower would save roughly $18,000. This later point is important as FHA still charges its annual MI fee for the life of the loan, a change instituted in 2011. Mortgage rates are expected to rise as much as two percentage points in the coming years, which will significantly reduce borrowers ability and incentive to refinance out of the FHA program as they have done in recent years. As a result, this change will have a larger impact for many homeowners over the life of their ownership.

Appraisal Changes Effective 1-26-15- CU

What is happening with Zillow?

Here are links to a couple of articles from Inman that weigh in.
Is it the beginning of the end for Zillow?

 

Be Better- Skillset

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Please welcome Mason and Brian Dillon from Dog Gone Mold, Inc.  to speak with you regarding mold detection and mold treatment. Services include Mold Inspections, Air Samples, Swab Samples and Remediation. We saw Mason in action at the office as he sniffed out mold samples that were hidden prior to his arrival.
Call today at 913.558.3000 or visit www.Doggonemold.com.

Listings

Check out our new listings!

Be Better- Mindset

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It’s time to take action! What one thing will you do this week to make your life better?

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