What Did I Miss? 5-26-15

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Kansas City Real Estate Market 2015

Clay/Ray Counties

Clay/Ray County sales were up for the month by 31.4% from 2014. Units were at 615 versus 468 last year. Year to date, unit sales are up 26.8%, with 1,876 units this year versus 1,480 last year.

The average sales price for the month was up 0.01% from last year, with an average price of $172,286. Year to date, the average price is up .2% from last year. The average price is $165,773, versus $165,513 last year.

New listings were down 17 units to 740 or 2.3% from last year’s 757 units. Inventory is down 17.2% from last year and is running at 1,725 units. Inventory is up 260 units from last month.

 

Platte County

Platte County sales were up for the month by 40.9% from 2014. Units were at 255 versus 181 last year. Year to date, unit sales are up 25.9%, with 812 units this year versus 645 last year.

The average sales price for the month was up 5.0% from last year, with an average price of $212,893. Year to date, the average price is up 5.2% from last year. The average price is $213,129 versus $202,679 last year.

New listings in PlatteCounty were down 21 units to 300, down 6.5% from last year’s 321 units. Inventory decreased 13.8% from last year and is running at 762 units. Inventory is up 199 units from last month.

 

Heartland

Sales for the entire Heartland area were at 4,237, up for the month by 22.8%, or 787 units. The average price was up 4.6%, and averaging $197,830. Year to date, sales were up 17.2% or 1,905 units for a total of 13,003 for 2015. The average price for the year is running at $192,355, up 8.2% from 2014’s average of $177,711.

 

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What’s Happening at BHG KC Homes?

Reminder: RSVP for the Company Picnic – Get ready for an afternoon of fun, family, friends and food at our company picnic on Saturday, June 7 from 4-7pm! Our picnic will be at Longview Lake Park in Lee’s Summit (printable map). Chris Cakes will be taking care of catering hamburgers, hot dogs and chicken and we’ll have plenty of fun activities for everyone:

  • DJ/Music
  • Games
  • Ice Cream Truck
  • Face Painter
  • Balloon Artist
  • More…

We’ll have seating for 200+ people, but you’re welcome to bring your own lawn chairs. We’ll have access to a ball field, so pack up your sports equipment (baseball glove, bat, etc.) for a pick-up game or two.  If you plan to attend, please RSVP by Thursday, May 28 and make sure to include how many in your family will attend (adults, # children 12 and younger).  Any questions, contact Marilyn Worley at marilyn@kansascityhomes.com.

 

What’s Happening at BHG?

“Backyard of your Dreams” Sweepstakes Launched – Between now and June 15th, consumers can enter to win $2,500 and a consultation with outdoor design expert and Better Homes and Gardens Real Estate Dream Team member, Carson Arthur. You can stay top-of-mind by sharing the sweepstakes with your customers and prospects.  To visit or share the sweepstakes, use this link: http://bit.ly/1IlQqxQ.

sweepstakes

 

CFPD Update From Secured Title

I just wanted to follow up and Thank You both for allowing us to provide information on the new closing/consummation  changes that will affect us all in the next few months. I mentioned to the agents that have attended, I could provide a link to the CFPB website that provides much more detail about the forms. I have it included below for reference, if that helps. http://www.consumerfinance.gov/regulatory-implementation/tila-respa/

Thank You again for your support.

Regards,

 Brad W. Jones

President

 

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Beware of the “share this with your service provider” option on Dotloop. The following message was sent from Dotloop and we are already experiencing issues with this feature. We have had multiple co-op situations that loops have been shared with lenders and the lender was able to download documents that were not signed 

We know having the service providers you trust instantly accessible on dotloop can save time for you and your agents, and ensure your clients are being taken care of by service providers you trust. Here is a great resource for you to forward that helps explain the benefits of joining this exclusive community to the service providers you’ve invited.

Commercial Update

Thom Knowles

 

Check out our new listings.

 

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