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Kansas Home Sales Improve in June, Prices Up for a Second Month
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Kansas Home Sales Improve in June, Prices Up for a Second Month
The Easy Way to Shop For a Mortgage Loan
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Kansas Home Sales Improve in June, Prices Up for a Second Month
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August 13, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Kansas during June while monthly home prices improved for the second consecutive month according to the latest housing data from the Kansas Association of Realtors® (KAR).

An estimated total of 3,313 existing single-family homes and condos were sold in the Sunflower State in June. That was 4.0 percent higher than the 3,187 homes sold in May and 8.7 percent higher than the 2,990 homes sold in June 2011. It was the 12th consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Kansas increased by 8.5 percent in June to $174,264, up from $160,579 in May and up 6.0 percent from $165,608 in June of last year. It was the fourth consecutive month that home prices have improved year-over-year.

John Brocker , president of KAR, stated, “On the year, sales continue to outpace last year’s total home sales by almost 13%. This is another encouraging sign that the market is returning to a normal level.”

The total number of homes for sale across the state continued to dwindle in June, falling to 16,921 homes. That’s down from 17,932 in May and down from 19,665 in June of 2011.

The state had an average 5.1 months supply of homes available for purchase in June, down from a 5.6 months supply in May and also down from a 6.6 months supply a year earlier.

Homes in Kansas took an average of 92 days to sell in June, down from 99 in May and down from 104 days in June of last year.

Through the end of June, a total of 15,274 homes have been sold in Kansas, 12.1 percent higher than at the same time last year.

Tags: Kansas real estate, existing homes, condos, sales, median home prices

Source:
KAR

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August 13, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Kansas during June while monthly home prices improved for the second consecutive month according to the latest housing data from the Kansas Association of Realtors® (KAR).

An estimated total of 3,313 existing single-family homes and condos were sold in the Sunflower State in June. That was 4.0 percent higher than the 3,187 homes sold in May and 8.7 percent higher than the 2,990 homes sold in June 2011. It was the 12th consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Kansas increased by 8.5 percent in June to $174,264, up from $160,579 in May and up 6.0 percent from $165,608 in June of last year. It was the fourth consecutive month that home prices have improved year-over-year.

John Brocker , president of KAR, stated, “On the year, sales continue to outpace last year’s total home sales by almost 13%. This is another encouraging sign that the market is returning to a normal level.”

The total number of homes for sale across the state continued to dwindle in June, falling to 16,921 homes. That’s down from 17,932 in May and down from 19,665 in June of 2011.

The state had an average 5.1 months supply of homes available for purchase in June, down from a 5.6 months supply in May and also down from a 6.6 months supply a year earlier.

Homes in Kansas took an average of 92 days to sell in June, down from 99 in May and down from 104 days in June of last year.

Through the end of June, a total of 15,274 homes have been sold in Kansas, 12.1 percent higher than at the same time last year.

Tags: Kansas real estate, existing homes, condos, sales, median home prices

Source:
KAR

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

August 13, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Kansas during June while monthly home prices improved for the second consecutive month according to the latest housing data from the Kansas Association of Realtors® (KAR).

An estimated total of 3,313 existing single-family homes and condos were sold in the Sunflower State in June. That was 4.0 percent higher than the 3,187 homes sold in May and 8.7 percent higher than the 2,990 homes sold in June 2011. It was the 12th consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Kansas increased by 8.5 percent in June to $174,264, up from $160,579 in May and up 6.0 percent from $165,608 in June of last year. It was the fourth consecutive month that home prices have improved year-over-year.

John Brocker , president of KAR, stated, “On the year, sales continue to outpace last year’s total home sales by almost 13%. This is another encouraging sign that the market is returning to a normal level.”

The total number of homes for sale across the state continued to dwindle in June, falling to 16,921 homes. That’s down from 17,932 in May and down from 19,665 in June of 2011.

The state had an average 5.1 months supply of homes available for purchase in June, down from a 5.6 months supply in May and also down from a 6.6 months supply a year earlier.

Homes in Kansas took an average of 92 days to sell in June, down from 99 in May and down from 104 days in June of last year.

Through the end of June, a total of 15,274 homes have been sold in Kansas, 12.1 percent higher than at the same time last year.

Tags: Kansas real estate, existing homes, condos, sales, median home prices

Source:
KAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.