2017 Issue 11 Real Estate News
Brought to you by Rob Lang, At Home Kansas, 785-393-2274.
Your REALTOR Just Bought A New Home at 5640 Villa Dr!
On November 1, 2017, Rob and Eula Lang closed on their new 3 bedroom ranch home with 3305 sqft at 5640 Villa Dr Lawrence, KS 66047. They will be renting out or selling the home they are moving from which is a 4 bedroom two story with 2424 sqft at 300 Rockfence Pl, Lawrence, KS 66049. Rent will be $2000 per month or sale price will be $300,000. If it rents first, it will not be for sale and obviously if it sells first it will not be for rent.
Number of Buyers Continues to Exceed Inventory of Homes For Sale
There are 1000 single family homes SOLD on average in Lawrence KS every year. There are only 180 single family homes for sale at this moment which is down from 1,620 homes for sale at the peak of the extreme buyers' market in June 2006 (more than 9 months worth of homes to sell).
We are in an extreme sellers' market right now with more than 5 buyers for every house (less than 3 months worth of inventory). This leads to multiple offers, selling for higher than asking price, and homes selling on the first day they come out on the market. In October 2017, 49 homes SOLD with 8 selling for higher than asking price and 12 selling for asking price.
Homes SOLD for just over 98% of asking price on average. So if you are planning on buying a home, you should plan on 1) Acting quickly and being prepared with a pre-approval letter or proof of funds letter in your hand the first day a house comes on the market and 2) Plan on multiple offers and higher than asking price contract prices being required to buy a house right now.
52.69 days on market was the average but more than 1/3 of the houses SOLD in under a week with 7 selling the first day.
You can sign up for email alerts of homes within YOUR search criteria. You will be the FIRST to know when a listing hits the market! Call, email, or text me with your search criteria (city or cities, minimum bedrooms and baths, is garage or basement required, minimum number of acres if rural, and price range). I will set up a self updating website that shows just your property matches and you can mark them "Favorite", "Possibility", or "Reject" for easier viewing. You will love the advantage this gives you over other buyers for the same property!!
What Are All Those Links Along the Right Side?
Along the right side of this blog are Lawrence Neighborhoods and Nearby Communities pages that highlight those neighborhoods and communities with school information, things to do and see, and more. There are also blogs on all kinds of topics such as why rent, open houses, how to do a for sale by owner, and what is a good investment property. Check them out!
If you have a real estate question, just ask me and I can turn it into a blog for you and to help others who have the same question.
Articles / Blogs
1402 W 2 Lawrence KS Houses For Sale Fenced Yard, Walkout Basement, 3 or 4 Bedroom, 1 Bath, 2 car Garage
318 S Stratton Cir Eudora KS Ranch, Move In Ready
$10,000 PRICE REDUCTION!! 3BR, Ranch, fenced yard, covered porch deck and patio
SOLD by Rob Lang At Home Kansas 720 Coving Ct Lawrence KS
Lowest Priced 4 BR 1626 Lindenwood Ln Lawrence KS
Houses For Sale in Lawrence KS $350000 to $400000
How To Find Out How Much Houses For Sale Are Worth
At Least 1 Acre Homes For Sale Under $200000 Near Lawrence Kansas
FREE Sports Physicals Courtesy of Dr Neu of NeuCare Lawrence Kansas
Houses For Sale in Lawrence KS $200,000 to $250,000
Why Rob Lang for Your Lawrence KS Real Estate Needs?
First Watch Offering $20 in Bonus Bucks!
What's This Shadow Ridge Eudora Seller Have to Say "About This Home"?
New Listings in Lawrence Kansas Real Estate Homes For Sale
Seller Financing House 4 BR 3 BA 2 Car Basement Lawrence Kansas
Lawrence Kansas Luxury Condos, Lofts, and High Rise Condos
Villa you fall in love with this beautifully landscaped, double lot, 3 bedroom, 2 bath, luxury, move in ready, covered patio, English walk through garden, open space villa?
SOLD....but I've Got More Rob Lang At Home Kansas 785-393-2274
Easy K-10 access, move in ready, multiple upgrades, 50 year siding and trim.
I Am NOT Finding What I Am Looking For In A House in Lawrence KS!
Houses For Sale in Lawrence KS $500000 and Higher
Find Any House in Any City - Homes For Sale
Fenced Yard, Fireplace, Sunflower Elementary, Finished Basement, 2709 Bluestem Dr
Running Ridge Road Lawrence Kansas is located in 66049
What Things You Just Do Not Do When Buying a House?
2.5 Acres, 3 BR, 2 BA, 627 E 1450 (What's the Price?)
Houses For Sale in Lawrence KS $300000 to $350000
Bishop Seabury Academy Lawrence KS
Renters Are Still Paying a Mortgage But Not Theirs
Home Value Lawrence Kansas
What Is Seller's Bottom Dollar For This Home?
Houses For Sale in Lawrence KS $250,000 to $300,000
Houses Single Family to Rent in Lawrence Kansas are rare
Baldwin City KS Homes For Sale Fall Tree Colors Maple Leaf Festival
Real Estate Market Review for Lawrence KS
Chicken Creek 10 Acre or 2 Five Acre Plots Available
Broken Arrow Elementary Lawrence KS Homes For Sale
Same Day Delivery Concierge for Lawrence Kansas
Rob Lang Reviews from Sellers and Buyers
Who Has Eaten at the Levee Cafe?
Complete Remodel, 4BR, $200,000, Panoramic View
HousesForSale in Lawrence KS to $400000 to $500000
Looking for HousesForSale in Lawrence between $160,000 and $180,000?
Why Rent? Total Rent Paid Over 10 Years in Lawrence Kansas and Eudora Kansas
1719 E 550 Rd 6 mi W Of NW Wal-Mart in Lawrence KS
Lawrence Kansas Open Houses Shown By Price
Houses For Sale in Lawrence KS $100,000 to $120,000
Houses For Sale in Lawrence KS $120,000 to $150,000
What Is a Good Investment Property In Lawrence Kansas and What Are Good Investment Property Purchasing Strategies?
Do you need a real estate agent to sell your Lawrence KS home?
HousesForSale in Lawrence KS Under $100,000 Houses For Sale
2709 BLUESTEM DR, LAWRENCE, KS 66047 video
Juggling Two Home Transactions at Once?
Cordley Elementary Lawrence KS Homes For Sale
List It Rob Dot Com
Search For What You Are Looking For in Lawrence KS Homes For Sale
Baldwin City KS Homes For Sale Things to Do
312 Wagon Wheel Rd Lawrence KS Houses For Sale
HomeSnapLawrenceDotCom HomeSnap Lawrence KS Homes For Sale
Home Search By Schools in Lawrence Kansas
Villa Luxury Homes For Sale in Lawrence Kansas?
Pros and Cons of Real Estate As An Investment in the Lawrence KS Area
Looking for maintenance free living in Lawrence KS?
High Winds October 14, 2017
$700 House Payment? Doable? Why Are You Still Renting?
What Is Going On #1?
Houses For Sale in Lawrence KS $150,000 to $200,000
Fierce Competition -- 2018 Housing Forecast Lawrence Kansas and State of Kansas
For Sale By Owner FSBO Lawrence KS Flat Fee Listing
Should I Wait to Save Up 20 Percent Down Payment?