Sellers' Market, Buyers' Market, Lawrence Kansas, Housing Report

1. What is the Lawrence
Kansas Housing Market
Like Right Now?

2. As of today, July 31, 2013
there are only 330 single family
houses for sale in Lawrence Kansas

3. About this time in 2007 it
was a Buyer’s Market with
1,620 houses on the Market

4. Now it is a
Seller’s Market

5. What Happens in a
Seller’s Market?

6. 1) Prices will rise due
to higher demand
than supply of
houses for sale

7. 2) Houses will sell faster
and the best deals will sell
before they come
on the market
due to high demand

8. 3) Multiple offers will
be submitted on the
same house

9. 4) Buyers will have to
set aside contingencies
in order to win the bid

10. 5) Sellers will not be
as receptive
to making any repairs
or having long closing dates

11. This Seller’s Market
applies right now to
houses under $300,000

12. Contact Rob Lang
At Home Kansas
785-393-2274
for the latest
information on the
Lawrence Kansas
Housing Market