January 2012 Market News

2012 predictions are full of hope, especially for us here in Kansas!

Everyone has been concerned about the so-called “shadow inventory” (homes that have been or will be foreclosed on) that will be hitting the real estate market this year; however experts have predicted that Kansas’ shadow inventory will be sucked up in less than 5 months.  So, in theory, our market should be leveling off and even heading up by this summer!

If you are on the fence about selling your home, you may want to do so quickly before you have to compete with all the foreclosures though!

And if you are thinking about buying a home, the interest rates aren’t going to get much lower than they are now!  Some people are getting 4% on 30 year fixed loans!  WOW!