I have to tell you, the Kansas City Real Estate Market is Red hot. Two years ago I was begging for people to listen to me. Those that did have made some good money because 8 months ago I was still begging people and still getting people to listen. But somewhere about 6 months ago the worm turned and started rolling down hill. Example:
Raytown, Missouri. I used to do searches for real estate investors for houses priced between $25,000 and $45,000 with 3 bedrooms and I’d come up with search results of about 20-22 homes. Now? I just did the search and there are 5. That pattern is repeated all around the KC metro area.
For real estate investors it is a different game. For home buyers you better be prepared to make offers quickly. For home sellers, you now hold some of the cards again.