A Housing Downturn Has Begun

A Housing Downturn Has Begun

0 Flares Facebook 0 Google+ 0 LinkedIn 0 Twitter 0 0 Flares ×
A Housing Downturn Has Begun

The latest MReport reports “A housing downturn has begun, according to researchers at Trulia. However, there’s no need to panic—this downturn will likely emerge quite differently from the one a decade ago, the researchers say.

What’s signaling the current downturn beginning to take shape is primarily declining sales volume. This is typical of housing downturns. First sales decline, then prices follow a year or two later, said Trulia economists Issi Romem and Cheryl Young in their recent outlook.”

“Sales volume growth began to slow in 2014, plateaued in 2016, and then began to fall in spring 2018. For the past several years, sellers have had the upper hand in an inventory-starved housing market, but this is beginning to change.

“Housing market indicators such as days on the market (which have finally stopped declining), inventory (which is finally building up), and price cuts (which are growing more common), all indicate that sellers are facing greater difficulty in selling,” Romem and Young said.”

“Changes in prices should also be mild and gradual, the researchers say. In fact, the current downturn may eventually bring prices down slightly, or it “could merely involve only a prolonged period of slower price growth.”

Sellers Are Facing Greater Difficulty in Selling

So, if you are having difficulty selling in the new market,who do I call when I want to sell my own house fast in Kansas City? Who do I call that will get their hands dirty helping the community of Kansas City? For me, I am calling Terra Firma Property Solutions, LLC

Terra Firma Property Solutions, LLC works with residents of the Kansas City area to find solutions to their real estate problems.

Try calling us. It is quick! You can sell my own house fast Kansas City in 30 days or less. That is much quicker than a traditional sale through a realtor, which can take several months, and closing takes weeks.

There is a better way to sell my own house fast.

In most cases when an investor and a seller can agree on a price immediately, they can close as fast as one to two weeks.

A real estate investor will buy as-is. Are you worrying about some repairs that you’ll need to fix based on an appraisal? We will estimate the repairs needed to restore your property, arrive at an offer, and will purchase the property in whatever condition.

No Fees! A real estate investor doesn’t charge you a real estate commission and may take care of any other nagging financial problems such as back taxes, code violations, risk of foreclosures in Kansas City, or past due water and sewer bills. Since our inception, we have been helping homeowners along with improving communities in every city in which we work.

Through our extensive knowledge of the business, network of resources, and years of expertise, we can assist homeowners with a wide variety of real estate problems. We pride ourselves on our reputation for working one-on-one with each customer to handle their situations.

Ask for FREE information about How to Sell Your House Fast.

Terra Firma Property Solutions, LLC is a professional, full-service real estate solutions firm.

We buy and sell properties throughout the greater Kansas City area. We specialize in buying distressed homes, then renovating and reselling them to home buyers and landlords.  Terra Firma Property Solutions: excited to be part of the economic rejuvenation of Kansas City and its surrounding areas.

Call us today at (816) 866.0566

Photo by adriana carles on Unsplash

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Flares Facebook 0 Google+ 0 LinkedIn 0 Twitter 0 0 Flares ×