Two Things to Know Before Selling Your Home

Much has changed in the Kansas City and national housing markets this past year. If you’re planning to sell your house this Spring, here are two important things you should keep in mind.

Houses That Are Priced Right Are Still Selling

Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:

“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”

The need to price your house right is important due to increased competition. Danielle Hale, Chief Economist at realtor.com, explains:

“With a smaller pool of buyers today and more competition from other homes on the market, homesellers will likely need to adjust their price expectations in the market this spring.”

Though the Kansas City housing market is different this year compared to last year, sellers with proper expectations are still finding success. Real estate experts such as the Just Say Home KC Team can provide the best advice on pricing your house well.

Buyers Are Still Out There

As mortgage rates have risen and remain volatile, some buyers have pressed pause on their plans. However, there are still plenty of reasons people are buying homes today. Lisa Sturtevant, Chief Economist at Bright MLS, spells out the mindset of today’s buyers:

“For some buyers, higher mortgage rates simply means buying a home is out of the question unless home prices fall. For others, higher mortgage rates will be a hurdle but ultimately will not keep them from getting back into the market after sitting on the sidelines for months.”

If you’re interested in selling your house this Spring, working with the Just Say Home KC Team can help connect you with buyers who are ready to purchase a home.

Bottom Line

There are still clear opportunities for sellers this Spring. If you want to sell your home, connect with the Just Say Home KC Team at 816-656-2816.