Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it!

In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In 2017, 60% of millennial women listed as the primary borrowers on mortgages were single.

According to the 2018 Home Buyer and Seller Generational Trends Report by the National Association of Realtors, one in five homebuyers in the U.S. were single females (most of them part of the baby boomer generation) as you can see in the graph below:

Females Are Making It a Priority to Invest in Real Estate! | MyKCM

This does not come as a surprise since 50.8% of the U.S. population is female and 15.6% of them are 65 years and over, according to the Census Bureau.

What are the reasons for this demographic’s booming interest in homeownership?

Bankrate published an article with what they believe to be some of the reasons:

  • Divorce rate: Known as the “Gray Divorce,” the divorce rate has doubled for those ages 50 and over and tripled for those ages 65 and over.
  • Average life expectancy: For women it’s 81, four years longer than men.
  • To build home equity: Women want to build equity through their home. As mentioned by Bankrate, “some are hoping to escape rising rents, some might be downsizing or looking for a new start,” especially those going through a gray divorce.

Are they only downsizing and buying small homes?

Not really; The Institute of Luxury Home Marketing recently stated that:

The number of female billionaires grew faster globally in 2017 than the number of male billionaires. This redistribution of wealth has seen an impact on luxury real estate both in its purchase and design attributes – and obviously, this is important for realtors to recognize when relating to their clients.”

Bottom Line

Whether you are a millennial who wants to buy a starter home, a billionaire looking for that luxury home you’ve always wanted, or maybe even someone who just went through a gray divorce, Post lines Collegebound Consultants let’s get together to help you create your real estate portfolio so that you can start investing your money in real estate today!  As small business owners in Olathe, KS we know what it takes to make a smart investment. Thinking about investing in real estate? We can help get you started. Call 913-782-8857 to speak with one of our real estate experts today.

Over the past few years, two trends have emerged in the housing market:

  1. Home renovations have shot up
  2. Inventory of homes available for sale on the market has dropped

A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of Realtors, we are currently at a 4.4-month supply. Check into Cash near Nolensville Pike

This low inventory environment has many current homeowners worried that they would be unable to find a home to buy if they were to list and sell their current houses, which is causing many homeowners to instead renovate their homes in an attempt to fit their needs.

According to Home Advisorhomeowners spent an average of $6,649 on home improvements over the last 12 months. If that number seems high, it also includes homeowners who recently bought fixer-uppers.

A new study from Zillow asked the question,

“Given a choice between spending a fixed amount of money on a down payment for a new home or fixing up their current home, what would you do?”

Seventy-six percent of those surveyed said that they would rather renovate their current homes than move. The results are broken down by generation below.

 

Are Homeowners Renovating to Sell or to Stay? | MyKCM

More and more studies are coming out about the intention that many Americans have to ‘age in place’ (or retire in the area in which they live). Among retirees, 91% would prefer to renovate than spend their available funds on a down payment on a new home.

If their current house fits their needs as far as space and accessibility are concerned, then a renovation could make sense. But if renovations will end up changing the identity of the home and impacting resale value, then the renovations may end up costing them more in the long run.

With home prices increasing steadily for the last 6.5 years, homeowners have naturally gained equity that they may not even be aware of. Listing your house for sale in this low-competition environment could net you more money than your renovations otherwise would.

Bottom Line

If you are one of the many homeowners who is thinking about remodeling instead of selling, let’s get together to help you make the right decision for you based on the demand for your house in today’s market. Call 913-782-8857 to speak with one of our real estate experts that specialize in Olathe and the surrounding Kansas City neighborhoods.

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. Char MacCallum Real Estate Group knows the new construction process and our local builders.  However, when you buy a newly constructed home instead of an existing home, there are many extra steps that must take place.

To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering new construction in your Home Improvements: Roofing 101 Big R Camera:

1. Hire an Inspector

Despite the fact that builders must comply with town and city regulations, a home inspector will have your best interests in mind! When buying new construction, you will have between 1-3 inspections, depending on your preference (the foundation inspection, the pre-drywall inspection, and a final inspection).

These inspections are important because the inspector will often notice something that the builder missed. If possible, attend the inspection so that you can ask questions about your new home and make sure the builder fixes any problems found by the inspector.

2. Maintain good communication with your builder

Starting with the pre-construction meeting (where you will go over all the details of your home with your project manager), establish a line of communication. For example, will the builder email you every Friday with progress updates? If you are an out-of-state buyer, will you receive weekly pictures of the progress via email? Can you call the builder and if so, how often? How often can you visit the site?

3. Look for builder’s incentives

The good thing about buying a new home is that you can add the countertop you need, the mudroom you want, or an extra porch off the back of your home! However, there is always a price for such additions, and they add up quickly!

Some builders offer incentives that can help reduce the amount you spend on your home. Do your homework and see what sort of incentives the builders in your area are offering.

4. Schedule extra time into the process

There are many things that can impact the progress on your home. One of these things is the weather, especially if you are building in the fall and winter. Rain can delay the pouring of a foundation as well as other necessary steps at the beginning of construction, while snow can freeze pipes and slow your timeline.

Most builders already have a one-to-two-week buffer added into their timelines, but if you are also in the process of selling your current home, you must keep that in mind! Nobody wants to be between homes for a couple of weeks.

5. Visit the site often

As we mentioned earlier, be sure to schedule time with your project manager at least once a week to see the progress on your home. It’s easy for someone who is not there all the time to notice little details that the builder may have forgotten or overlooked. Additionally, don’t forget to take pictures! You might need them later to see exactly where that pipe is or where those electrical connections are once they’re covered up with drywall!

Bottom Line

Watching your home come to life is a wonderful experience that can sometimes come with hassles. To avoid some of these headaches, keep these tips in mind!

If you are ready to put your current home on the market and find out what new construction is available in your area, let’s get together to discuss your options! Call us today at 913-782-8857.

Char MacCallum Real Estate Group is hosting Shred-it to shred and destroy sensitive paperwork on site at our office located at 1819 S Ridgeview Road, Olathe, KS. For more information check this cricket betting pro at ibebet

Join us on April 7th between the hours of 9:00 am to Noon for this ABSOLUTELY FREE to our clients and community!

Did you know that you can also recycle small electronics (up to 15lbs) for FREE in Olathe, KS?  Here is information on what they will take and how to recycle them!

Let’s get started on our spring cleaning together!  See you on April 7th! also try or new leading casinos

 

 

Local Real Estate Professional Brings Home National Honor

Broker★Agent™ Advisor Honors Achievement

Phoenix, Arizona August 21, 2017 – Now in its 21st year, Broker★Agent™ Advisor celebrates the success and accomplishment of the industry’s finest real estate professionals through it’s exclusive ‘Certificate of Excellence’ Program.

Through proprietary criteria, formulas, and other valuable considerations, Stephanie MacCallum of EXP REALTY, LLC has been distinguished by Broker★Agent™ Advisor as one of the best in heating and maintenance business based on achievement, potential, leadership, ethics, community value, experience, capability, and trust for their service during the calendar year of 2016.

“Stephanie exemplifies the type of professional we designed this award for,” says Chad Golladay, Executive Publisher of Broker★Agent™ Advisor. “A true credit to their company, profession, and community both inside and outside of their real estate practice; one with whom the honor is truly ours in being able to share this award.”

There is no cost or fee required for this award, and all applicant’s credentials are verified, which makes this honor one of the most genuine in the industry towards identifying those truly worthy of special recognition and distinction.

Stephanie Maccallum can be found in Broker★Agent™ Advisor’s national online directory of award recipients here: http://brokeragentadvisor.com/brag-directory

More About Broker★Agent™ Advisor

Established in 1996 Broker★Agent™ is a real estate trade publication which provides information, tools, and resources to assist the modern real estate professional in achieving greater success through their real practice. Discover more about our award program here…  http://brokeragentadvisor.com/brag

Build Your Future with eXp Realty

by scottm

Being a independent team for over 20 years, I’ve had offers to join major real estate franchises and none of them gave me the freedom to keep my own brand and control my own growth.  My business coach of 20+ years came to me and says, “Char, you need to get on board this company.”  My business coach is a very wise man, and I listened to the short webinar. Concluding it, I thought, “Why isn’t every agent an eXp agent?”  The model is better than every business model out there!  Call or email me if you’re interested.  913.782.8857

What makes it so great?…

Agents are Owners

At eXp Realty, our family of agents and brokers build their own businesses while establishing a direct ownership interest in our parent company, eXp World Holdings, as a shareholder and partner.

All agents can earn equity awards for various achievements such as closing their first transaction as well as the opportunity to earn back their yearly commission cap in stock. Check this top 10 betting sites in nigeria at ibebet

Revenue sharing vs Profit Sharing

Many big franchise companies have a profit sharing model which grants a share of the profit a brokerage office makes.  If that office doesn’t make a profit against their expenses there’s nothing to share.

With Revenue sharing, you get your cut off the top with no expenses factored in on any agents you sponsor into the company.  There’s no need to wait to see if your office made profit to find out if you get a profit and most of all, there’s no limit to what you can earn!

Revolutionary Lead Generation Platforms

As part of being an exp agent, you’ll receive access to a powerful CRM and lead generation website called Kunversion.  This would normally cost $500 a month, but is given to you as part of your agent technology package.

Cloud-based office and full electronic transactions

Say goodbye to office commutes: Our one-of-a-kind cloud office environment allows agents and brokers to work together at any time or any place. Defy distance. Interact and learn from industry experts and other top professionals. eXp agents build teams, share best practices and enjoy a powerful referral network.

Company Stock Acquisition

Just for joining exp, you’ll get stock in eXp World Holdings.  At other milestones, such as first sale, you’ll be given more!  Also, you can purchase stock at discounted rates.

Live Weekly Education and Sales Training

Never stop learning with more than 15 hours of live training each week on eXp tools and business best practices. Agent support is only a click away with eXp’s agent services, technology and finance expertise available wherever an agent or team is located.

Ready to make the switch?…  Let’s talk

We’ve had friends that have even asked us whether they should use a real estate agent when buying or selling an Olathe or Kansas City area home.  (YES, but seriously -we get asked that a lot!)

5-Reasons-to-Love-STM-1046x1354

 

  • Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!
  • We are there for you to help with paperwork, explaining the process, negotiations, and helping you with pricing (both when making an offer or setting the right price for your home).
  • One of the top reasons to hire a real estate professional, like the Char MacCallum Real Estate Group agents are our understanding of the Olathe and Kansas City markets and how the conditions in your neighborhood will impact your experience.

Thinking of buying or selling an Olathe or Kansas City area home?  Call the Char MacCallum Real Estate Group today! 913-782-8857

15179 S Symphony Dr Olathe KS

Home for Sale by

Char MacCallum Real Estate Group

Flyer Symphony

Hurry, this home will not last! St. James is a highly desirable neighborhood in Olathe, KS. Great location with spacious rooms, two car garage and a first floor laundry room. Retreat to the huge Master bedroom with spa like bathroom and huge walk in with carpet & tons of storage & shelving. Looking for a first floor bedroom or a home office?  Close the french doors and enjoy! The finished lower level is great for watching the game, entertaining or for special events. The unfinished part of basement is very spacious and can still store your possessions or just make it a workshop area!

913-782-8857

Char MacCallum Real Estate Group