Another fantastic year of homes sales are in the books for Hampton Place. While sales were strong in 2013, they could have been substantially stronger if more homes were available. The first half of 2013 saw homes selling quickly as buyers were in frenzy to snap up homes at record low interest rates. The second half of the years registered fewer sales as interest rates rose and the availability of homes shrank to near zero.
Want to see what homes are currently available in Hampton Place?
Expectation for 2014 are high but we are still experiencing record low inventory of available homes. The spring market should bring a bevy of qualified buyers trying to purchase before interest rate increase again. Current rates are in the 4.5% range, with most experts forecasting rates to exceed 5% by mid-summer.
Want to sell your Hampton Place Home? Call the neighborhood experts The Russell Home Team at Keller Williams Realty. 7 year Hampton Place residents. 913-266-5828 or info@RussellHomeTeam.com
Mike Russell is a REALTOR with Keller Williams Realty. Mike specializes in Johnson County Kansas Homes and Real Estate for sale. Mike is a tech savvy realtor with over 17 years experience. Did you enjoy Mike's Blog? Feel free to subscribe or join Mike on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...
Mike Russell & Associates can be reached at 913-266-5828 or MRussell@KW.com or www.SearchjocoHomes.com