White & Associates Blog

Great Events Coming to the Kansas City Area


Between a brisk morning hike and an afternoon on the patio with a cold drink in-hand, KC spring days are meant for enjoying one adventure after another. Discover the season, a time for a renewed appreciation of everything that makes the city amazing.
Spaces large and small, intimate and incredible—there’s always a concert to be seen in town that, years later, you’ll be telling people, “I was there.” Get to know Kansas City’s vibrant music scene.
Make a weekend of it at Kansas Speedway. Sunup to sundown, tailgate parties to checkered flag finishes, experience NASCAR action at every turn during race weekend, one of the most thrilling events on KC’s calendar.
First time in Kansas City or looking to try something new? From maps and visitor guides to driving directions and restaurant suggestions, the experts in our Visitor Center will help you find the best there is to do and see while in KC.
Raise a glass for Kansas City’s dive bars: establishments as eclectic as they are beloved, each one with a story to tell and a drink to serve. And it goes without saying that they’re the places where everyone knows your name.
Sprint Center
May 5-13
National World War I Museum and Memorial
Through Aug. 20
Kauffman Stadium
May 5-7
Kansas City Museum at Corinthian Hall
May 6

The Latest Trends in Kansas City Real Estate


Today I want to share a report on the latest trends in our real estate market from the KC Regional Association of Realtors.

As we anticipated at the beginning of the year, demand has remained high for the first three quarters of the year, propping up sales and prices despite heavy reductions in housing inventory across the nation. Rental prices and employment opportunities have climbed consistently year over year, so further housing price increases are probable, but not guaranteed.

Since 2015, pending sales have increased by 4% to 9,800 pending sales in 2016. Closed sales also increased, jumping 2.7% from 10,482 in 2015 to 10,770 for 2016.

Although sales increased, the number of homes for sale actually decreased by 28.4%. There are only 8,089 units available on the market, so we definitely need more inventory.

Sellers will be glad to hear that the median sales price is up 7.6%. In 2015, the median sales price was $172,000; this year, the median sales price is $185,000. These high prices are driven by strong demand and low inventory. The month's supply of inventory is down 31.6%. In fact, this year, there are only 2.6 months of inventory on the market.

  Home sales and prices are up despite the shortage in inventory.

The list-to-sales-price ratio went up 1.3% since 2015, so not only can sellers expect higher sales prices, they can also expect to net 96.7% of their asking price.

So, why is demand so high? Generally speaking, today’s demand is driven by three factors:

  • Millennials are reaching prime home-buying age.
  • Growing families are looking for larger homes.
  • Empty-nesters are downsizing.

If you’re a buyer, you can take advantage of the historically low interest rates out there right now. However, those low interest rates cause homeowners to refinance rather than sell, which keeps inventory low. Short-term rentals are also keeping homes on the market, so there is not much out there for buyers to choose from.

If you have any specific questions about buying or selling in today’s very competitive market, just give me a call or send me an email. I would be happy to help you!

Landscaping Adds Value!


Let Your Landscaping Pay You Back!

In both uncertain financial times, and prosperous times, a well landscaped yard is still one of the best investments you can make! It not only adds value to the home, but can also make your home easier to sell. Recent research has shown consumers valued the same home with good landscaping 11% higher than the same home without good landscaping. For a $300,000.00 home that’s approximately $33,000.00 more that your home is worth because of a nicely landscaped yard. A nicely landscaped yard can have a cost recovery value of 100 to 200% at selling time.

Creating equity in your home isn’t the only way to get monetary value out of your landscape. Look at some of the other benefits that can save you up to 20% and maybe even up to 50% on your heating and air conditioning costs by strategic landscaping around your home:

  • Evergreens and other dense trees in the proper position around your house can lower your heating bill by 10 – 20%.
  • Shade trees can provide enough shade to your home to cut your cooling costs by as much as 15 – 35%.
  • Even the grass in your yard and your neighbor’s yards cools your community and saves everyone on air conditioning costs.

Of course your landscaping can provide you much more than just monetary value. Your landscaping is working around the clock to keep you and your family healthy and vibrant. These are some other benefits to think about when considering how valuable your landscaping is to you as well as your home:

  • Trees, Shrubs and Turf absorb dust, dirt, and other gaseous pollutents in the air that can be harmful to our health.
  • Trees, Shrubs and Turf convert carbon dioxide into oxygen. One tree can convert 26 lbs. of Carbon Dioxide into 13 lbs. of oxygen each year. That’s enough to provide for a family of four.
  • Gardening can be its own weight loss program helping you tighten your belt strap and staying healthy.
  • Gardening is found to be relaxing, mind clearing and very rewarding. It’s a stress reliever.

So much is made of the going green movement and being environmentally friendly but you can do your part right at home and why not make it valuable to both you, your home, your environment and your world.

Home Ownership just makes sense


The decision to buy a home is one of the largest financial decisions anyone will ever make. Most of the time, this decision is driven by emotions. But, what are the benefits to owning a home? The most obvious benefit to home ownership is just that...ownership! Unlike renting, your monthly payment is actually allowing you to purchase instead of "borrowing" something that will not belong to you.

The most measurable financial benefit to homeownership, according to Barry Nielsen of Mortgage Graphics, is price appreciation. Price appreciation helps build home equity, which is the difference between the market price of the house and the remaining mortgage payments.

The second largest financial benefit of owning a home is tax savings. You can deduct the annual interest paid on a mortgage from your income. There are no tax benefits/savings for your rent payments. Obviously, price appreciation is the largest benefit to owning your own home but there are many intangible benefits such as peace of mind and the security and pride that come with home ownership.