Survey Seyz Kansas City Housing Prices Have SKYROCKETED In Waldo

Tonight's reminder that it's easier to TALK about fighting inflation than have any impact on markets.

Accordingly . . .

Credit to this local real estate blogger who manages to share info without so much hype as social media fanbois . . . Check-it:

"Many buyers are still paying over the asking price by about 1.5%, and homes don’t usually linger on the market longer than a few days. That has been the norm for a few years now. Buyers have accepted the higher interest rates, and 14% more properties sold in 2024 than 2023. Last year, the lowest closed price was $85K and the highest was $675,000 (a new build on Main St). Still, the number of homes changing owners has fallen 32% since 2021, when interest rates were much lower and houses more affordable. Since 2020, home values have gone up 30% in Waldo. "

Read more via www.TonysKansasCity.com link . . .

IB&W: Waldo 2024 Home Sales Report – And 5 Year Comparison

Developing . . .