Monday, May 14, 2012

Dwight Goodwin Introduces the Coffee Creek Crossing Subdivision in south...

This real estate development is currently in Phase 2 or three phases. Eventually, there will be 161 homes in this open building-community. At the time of this video, you can purchase one of the five homes that are at or near completion or select from the 25 remaining lots and bring your own builder.

Lot prices currently range from the upper 60s to the upper 110s, while sales prices range from the 400's to the 700s. The average sales price for real estate in the Coffee Creek Crossing Subdivision is just over $511,000.

For more information on this (or other) new homes communities, please call us at 913-912-3470. You may also register for a free account to search for all homes in the Kansas City Multiple Listing Service (MLS) at http://www.homesinoverlandparkks.com.

Tuesday, May 8, 2012

Dwight Goodwin and Rick Woodruff Discuss the Johnson County KS Down Paym...

Today, I sat down with Rick Woodruff of Metropolitan Mortgage to talk about the Johnson County Kansas down payment assistance program.

This program has up to $10,000 in down payment assistance available for qualifying buyers. Although it starts out as a loan, it acts like a grant in that 20% is forgiven for each year through Year 5. The program creates opportunity for those who want to take advantage of a great real estate market with near-record low interest rates.

Be sure to mention this video when you call Dwight Goodwin 913-912-3470 or Rick Woodruff 913-266-5800 for more details. To find a comprehensive list of listed homes in the Kansas City area, register for a free account at http://homesinoverlandparkks.com.

Tuesday, May 1, 2012

Dwight Goodwin on Improving Conditions of the Johnson County KS Real Est...



Statistics from Heartland MLS indicate improving conditions for home sales in Johnson County Kansas. Single Family closed sales are up 25% YTD over 2011 figures YTD, while average sales price is up 2% over the same period. A second sign of an improving market is the increase of new home sales; closed volume is up 30% year over year, while the average sales price is up 7%.

A March 2011 to March 2012 snapshot of For Sale vs. Sold shows a 14.6% drop in inventory, with a 7.1% increase in sales. There is currently less than 6 months inventory of single family homes in Johnson County. If this number drops further when the April numbers are released, this will be further evidence of a stabilizing market.

Buyers should remain in favorable conditions, particularly with interest rates still near all-time lows, but sellers may also see more opportunity as inventory drops and average sale prices rise.