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3 Reasons To List Your Home In 2021

It’s safe to say that 2020 was filled with uncertainty and general unrest. With the global pandemic in full swing and so much left to the unknown – you may have held off on selling your house. At the beginning of the pandemic, the housing market initially dropped, but made quite a comeback in the later half of 2020. More than ever before, buyers are ready to move! Experts believe that 2021 will be a great year to sell! Keep reading to learn more about the 3 major reasons you should list your home in 2021.

Low Interest Rates: FHFA announced conforming loan limits for 2021! Increased loan limits means more power for buyers. Even though interest rates will gradually rise throughout 2021, they are expected to sit fairly low compared to averages throughout recent history. Click here to read more about loan limits in every county in the U.S.

You Need to Move: Maybe 2020 has caused a financial change or you’re needing space for a home office.  No matter the reason that you need to move, the lack of inventory will help your home sell quickly. Todd Teta, chief product officer at ATTOM Data Solutions says, “There is incredibly low inventory, with less than 500,000 homes for sale, mortgage rates are at 50-year lows, and there’s no sign yet of distressed sellers from the recession coming out. These supply and demand factors will push prices even higher in the first half of the year.”

You Own a Starter Home: Homes at entry level prices that are appealing to first time-home buyers are expected to be in high demand throughout 2021. Danielle Hale, chief economist for realtor.com explains, “While younger Millennial and Gen-Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”

If you’re ready to list your home, leave it to the experts at Brookside Real Estate Company! Give us a call at (816) 333-3330 or stop by our storefront office at 9 W 63rd Street – when the flag is up, we’re open!

 

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Brookside Happy Hour on the Patio!

Maybe you’ve heard about the shortage of home inventory, or maybe you’ve heard that the #NumberOneMistake millennials are making right now is to not invest in a home. For many, just the thought of buying a first home can be overwhelming. There are so many unknowns, the process seems highly complicated, there’s so much to consider, not to mention the questions you have may feel silly.

Whatever your concern, we’ve got answers at Brookside Real Estate’s Home Buyer Q&A Happy Hour on the Patio!
At Brookside Real Estate we recognize the questions are many for would-be first-time home buyers. Even if you’re not quite ready to buy a home, but would like to learn what steps you need to take to be ready financially, this Happy Hour’s for you! Our goal is to answer commonly asked questions, clear up any misconceptions, lay out steps along the home-buyer timeline, and take away the mystery from some ominous-sounding home buying terms.

To make the Happy Hour Q&A extra-informative, we’ve invited our friend Joe Grego from the mortgage business to offer his expertise! He and our very own Brookside Real Estate agent Ellen Zetmeir will join up to offer their best advice to prepare Home-Lookers to become Home-Buyers!
If you could use a little more information before you decide to look for the homes of your dreams, then this casual and fun Happy Hour’s for you!

Where: The lovely outdoor patio of Brookside Real Estate Company at 9 W 63rd Street, right here in Brookside!
When: Tuesday, August 22 from 5:30- 6:45! Stop by on your way home from work for a little food and drink and stay for the Q&A time with Real Estate and Mortgage Professionals.
What to bring: Yourself! (And any other friends who want to learn more about the home-buying process!) We will provide the food, beverages – and helpful advice!
Who: You and other would-be future first time home buyers!

See you at 5:30, Tuesday, August 22, at Brookside Real Estate Company’s first time home-buyer happy hour! Need a little more info? Drop us a line at (816) 333-3330 to learn more, or just stop by!

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Mistakes Not to Make: Homebuyers Edition

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Let’s face it, sometimes the home-buying process can be overwhelming and all you want is to make sure that you aren’t making any terrible mistakes. Brookside Real Estate understands; with that in mind we have put together a list of the most common errors people make when buying a home – and how to avoid them.

  1. Do not shop for a home without an agent.
    Since we are Real Estate Agents, this may sound a bit self-serving – but read along and you’ll see our point. First, remember as a Buyer with Brookside Real Estate Company: You don’t pay for the Realtor’s service!  The Realtor’s compensation comes from the seller. (And unlike some other local brokerages Brookside Real Estate Company charges no transaction fees to buyers.) Buyer’s Agents are solely there to make all your home-owning dreams come true, and guide you through what can be a complex legal process.Brookside Managing Broker Jim Kraus compares the process of home buying to a court case, “Just like you wouldn’t go into a court of law without proper representation, attempting to buy a home without proper professional representation from an experienced Realtor is risky.  And truly, it just makes good sense to use a Realtor to protect your personal interests when making what is generally the largest purchase of your life!”
  1. Don’t hold out for a more perfect house.
    Drive around, gather ideas of what you want, the neighborhoods you like, even make a Pinterest board – all of this is helpful. But do not shop for a home without a trusted Realtor.If you aren’t designing and building your house, then chances are there isn’t going to be one that’s perfect in every way. That’s why it is important to make a list of your “would be nice” features versus your “must haves” features. This helps keep priorities straight and may help you find the home that is truly a great match for your needs – and simplify the decision process.
  1. Don’t forget to budget for Closing Costs.
    Closing Costs are the third-party fees associated with the transactions process of buying your new home. These include appraisals, credit reports, underwriters, inspections, etc. Your Realtor will be able to give you a rough estimate of closing costs once the seller accepts your offer – but you can expect anywhere from 2% to 7% of the cost of the house for closing fees. While the sellers may sometimes contribute funds to cover some of these costs (fees), the majority will be paid by the buyer (and rolled into your total home loan). Brace yourself, and don’t forget to add Closing Costs into your budget.

So, there you have it – now you’re well on your way to avoiding the most common mistakes of the home-buying process. And, especially don’t forget Step #1: Find a great Real Estate Agent you can trust – one who’ll listen to your needs, be an expert on the neighborhood, and look out for your very best interests. Look no further than Brookside Real Estate! Give us a call at 816-333-3330, or stop in and say “Hello” at 9 W 63rd Street – located in the heart of Brookside.

More about Brookside Real Estate, watch our video:

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3 More Reasons to Love Brookside

The number of reasons that we love Brookside are too numerous to actually count, but here are 3 more reasons why we love Brookside and why you will too! Put simply: The Shops. Today we highlight 3 neighborhood favorites that you really should stop by to a visit!

  1. The brand new Red Door Grill – The first Red Door started across the state line and was a Brookside Real Estate Red Door Grillculinary hit from the start, so we were super excited to welcome Red Door Grill’s second location here to the heart of Brookside! Locally owned and operated, Red Door Grill is committed to community and they show that by the locally sourced ingredients they prepare their delicious meals with and the local providers they partner with. Red Door offers a great environment for most any occasion and considers themselves “an upscale neighborhood joint.” Definitely another reason to love Brookside!
  1. Here in Brookside good food isn’t only available for humans. Brookside Barkery and Bath boasts Kansas City’s largest selection of all-natural pet foods and products for dogs and cats of the family. They are passionate about “better health through better nutrition” and care for each pet’s individual needs. Your pet will love the service from the Barkery’s friendly and knowledgable staff. Want to really pamper your pet? Check out their wonderful Pet Spa! Do what’s best for your best friend, stop by for a visit on your next walk through Brooksde and pick up some tasty treats – your pet is sure to fall in love with Brookside too!
  1. All of Brookside’s shops are pretty darn charming, but one of the mostunique is The (New) Dime Store. A throwback in time, this dime storebrings back the wonder and nostalgia of an old-fashioned variety store that truly has it all! Various iterations of the Dime Store have been an Brookside Real Estate The Dime Storeessential and beloved part of the Brookside community since 1941 – and The (New) Dime is no exception – a store where you can still find just about anything you need just when you need it most. Stop in for something you need – and fall in love with something else you just can’t do without! Always worth making a special stop,come take a peek into a charming part of the past and we guarantee you’ll find an essential part of your future trips to the Brookside shops for many years to come! 

The Brookside neighborhood is a little bit of old, a little bit of new, and a whole lot of charm. Stop in and visit the iconic Brookside Shops, have a drink on a patio, chat with neighbors and stroll down the wide, tree-lined sidewalks. And while you’re at it, stop by 9 West 63rd Street – the home of Brookside Real Estate to find out how you can make this special neighborhood your home neighborhood.

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435 Magazine Names Brookside One of the “Best Places to Live”

Brookside Real Estate Top Ten Best Zip Codes

Following hot on the heels of the national news media and Real Estate publisher Motovo’s accolades of  Brookside as one of the “Top 10 Best Zip Codes in America, ” the March issue of 435 Magazine is not to be outdone naming Brookside, “One of the Best Places to Live Right Now.”

“We couldn’t agree more,” said Brookside Real Estate broker, Jim Kraus, “I’ve been in the Real Estate business here in Brookside for over 20 years now, and the community continues to astonish everyone with its consistently appreciating home values. I’m not surprised anymore. Everyone wants to live in Brookside. What’s not to love?”

435 Magazine points out, “Not all the great homes are in distant suburbs…In the last few years, these areas have just taken off. Demand is up, but supply is limited.”

More from 435 Magazine:

  • Brookside Real Estate Best Places to Live KC“The Brookside community is the perfect spot for those seeking an older home near some of the best local spots Kansas City
    has to offer. This vibrant community is ten minutes from the Plaza and only a fifteen-minute drive from downtown Kansas City. Everyone wants to live in a small community with slow streets and large lots, and even though some of the homes in Brookside might run a bit pricier, they are the ideal location for those with above-average incomes looking for a neighborhood with character.”
  • “The Kansas City housing market is strong and stable, and in many ways the envy of the housing pundits on both coasts.”
  • The article quotes that the average number of days a home is on the market in Kansas City is about 15 days and expects that number is going to dwindle as Spring Market gets into full swing and the busy summer months hit. Some houses listed in Brookside are even sold within 24 hours.

Spring Market buying and selling can be daunting and feel rushed, but don’t let this discourage you. With over 30 years of professional experience, the agents at Brookside Real Estate have all the tools needed to navigate you through Spring Market madness! If you’re looking for a new place to call home, give us a call at (816) 333-3330, or stop by the Brookside Real Estate office located at 9 W  63rd Street and check out one of Kansas City’s, “Best places to live right now.”

 

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Moving into 2017 in Style!

Reflecting on the past year, we here at Brookside Real Estate are thankful for the success we’ve experienced in 2016.

Without a doubt, it wouldn’t be possible without our great clients! We are especially grateful for the many great neighbors in Brookside and surrounding areas we’ve come to know. After all, neighbors are what make communities great!

With the New Year upon us, we are excited to announce a few new changes that we know you’ll love! For one (as you already know if you are reading this on a handheld device), our brand new mobile-friendly website is now live with its updated and refreshed design! We encourage you to look around and check back often for new blogs, helpful tips, upcoming neighborhood events, and, as always, the newest property listings in our new, easy to use property search engine.

Equally as exciting, Brookside Real Estate Company reached the notable milestone of 30 years in business this year! Even though a lot has changed in the area over those 30 years, one thing that will stay the same is our commitment to the wonderful neighborhoods of Kansas City. After all, we live here too!

We are thrilled to welcome 2017 and continue to provide you with the same high level of personal service, commitment and dedication. We can’t wait for you to experience the new changes we have in store for 2017. Whether it’s looking around our new website or stopping by our retail office on 63rd St. just to say “Hi” – we love saying hello to old friends and making new ones! We welcome the New Year with open arms and look forward to developing relationships with more wonderful clients, the various lenders and title companies we support, and the 100’s of other real estate agents (too many to name!) that we work with day in and day out in the Kansas City community!

Until we see you again, we hope you and your family enjoyed a very Happy Holiday and have a safe and happy New Year!