Lee's Summit Homes Blog: Roxanne Van Buskirk

Single level living will be the preference of aging Baby Boomers. If you have a ranch plan to sell, the demand (read: asking price) for it could rise in the next few years. If you are looking to buy one, expect supply to drop and prices to rise.

Full article here.

If you bought a house after Nov 6 2009 and qualify for a Tex Credit, the process has become more complicated:

1. If you filed for 2008 after Nov 6. The IRS isn’t accepting requests until they change the form due to the tax credit extension. No word on when that new form will be available
2. Due to fraud, the IRS is requiring proof of purchase. For 2009 the documentation requirement mean you cannot file for the credit electronically. You will need to file a paper return.

Where’s everyone going? I guess, it’s Texas.

Don’t wait around for prices to drop more. Prices have risen for 5 straight months.

Here are the stats for December for Lee’s Summit. The key stat here is that Pending sales went up by almost a third from 2008.  This indicates that the Lee’s Summit market is on the rebound.

If you have been on the fence about buying your first home or moving up to a better home in Lee’s Summit, now is the time to make the move. The tax credit makes it the best time to buy.

We used to only worry about if a house had lead based paint. Now when you are buying a house, you need to make sure it wasn’t used to make Meth. Don’t assume that just run down houses in low income areas are potential “Meth Houses”. They can be found anywhere.

This article from MSN is certainly an eye opener.