The market is great here! Just to give you an example, I wrote contracts on three homes in the first three days of June with an average price of $250,000 each where the average price of homes in out market is $175,000.
Next week two of those homes will close and one will close in mid July. One seller had a home picked out but had not yet put in an offer on it until they got the accepted offer on their home. Another seller held the line on their investment property since the phone was ringing off the hook with buyer interest. Still another seller had already moved out of state yet still held the line on the price that they expected.
In a buyer's market one would expect sellers caving in and taking a loss on what they expected to receive. But, with homes here receiving 7-10% appreciation per year in our county, I believe sellers are willing to give a little but also know the buyer is going to come out ahead by investing in Lawrence Kansas Real Estate.
I read an AR blog by Chris Tesch from TX, that inspired me to write this. Some words of encouragement I thought were in order that show there's hope even in a buyer's market.
Thanks and "Don't keep me a secret--I'm never too busy for your referrals!"
Rob (FREE 2-10 Home Warranty with every home you buy or sell through me!!)
Rob Lang, ABR, ePro, GRI Realtor®, Member of CRS (Council of Residential Specialists)
Rob's Blog at www.ActiveRain.com/blogs/langrob
Realty Executives, Hedges Real Estate (four convenient locations)
(Serving Lawrence, Eudora, Baldwin, Topeka, Tonganoxie, Leavenworth, Kansas City, McLouth, Wellsville, Ottawa, Berryton, Tecumseh, more)
112 E. 10th, Eudora, KS 66025
1037 Vermont, Lawrence, KS 66044
3300 Clinton Parkway Ct., Lawrence, KS 66044
300 Rockfence Place, Lawrence, KS 66049
785-393-2274 (cell) 785-542-1661 (fax)
Voice Messages may be left Toll Free at 866-800-5353
langrob@sunflower.com
http://www.letrobdoit.com/
http://douglascountyopenhouses.com/
http://ihaveaddresses.com/
NOTE: This blog was written in the past about properties on the market at the time of the blog being written and should not be considered as active listings beyond the date of this blog.
