Hold onto your hats, friends! St. Louis and Kansas City should experience a significant surge in the housing market this fall – great news for those considering a move to or within these vibrant cities. Realtor.com’s recent analysis places St. Louis second and Kansas City seventh for potential housing activity, attributed to lower mortgage rates. This shift opens up opportunities for homeowners to capitalize on market conditions.
The key to all this lies in timing. Properties purchased when mortgage rates were over 6.5% could now either be refinanced for savings or sold for upgrades, with rates now below that threshold.
For our local real estate friends, this is what we’ve been waiting for. The growing number of listings and heightened buyer interest hint at a busier season ahead. Homeowners waiting patiently may find this moment the opportunity they’ve been waiting for. Both cities show promising signs of market growth, offering more choices and favorable conditions for buyers and sellers alike.
Our Continental Title teams are here to offer reliable support with everything from title searches to smooth closings, no matter how busy the season gets. Whether you’re looking to buy, sell or refinance, we’re ready to guide you through the process.
So why wait? Dive into emerging opportunities, and let’s make this market work for you. Reach out to Continental Title Company today or swing by one of our 17 convenient office locations spread across these two great markets.