Johnson County KS Home Buyers | Real Estate Info and Market Updates for Kansas City, Johnson County Kansas and all of the surrounding metro area

The Jason Brown Group

See a HOT new listing and in a hurry to get in and see it before it’s gone? Tired of calling listing agents and waiting forever for a call back? Down on the home buying process because every house you call on has already gone under contract? Avoiding a significant delay in getting a showing scheduled can be the difference between losing and WINNING that new listing… It does not have to be that way!

Instead of calling the listing agent, contact The Jason Brown Group and you’ll be assured of getting a quick response to work on scheduling a showing. Want to schedule to get in to see multiple homes? Attempting to schedule four showings with four listing agents could costs you four days of your time… And the likelihood of losing out on the HOT new listings… It does not have to be that way! With just a little planning, a Jason Brown Group buyer’s agents can schedule to get you into MANY homes all in a row.

All buyer’s agents with The Jason Brown Group are experienced agents and licensed in both Kansas and Missouri, so we can show you ANY active listings in the metro area. When working with one of our buyer’s agents, YOUR best interests will be represented throughout the real estate process, which is critical because you can bet the listing agent with the sign in the yard is representing the home SELLER’S best interests.

Having a buyer’s agent assist you costs you nothing because the buyer’s agent commission is already factored into the price you see on all listed homes. So contact The Jason Brown Group today to let us know the addresses or MLS numbers of the homes you’re wanting to see. We’ll get back with you quickly to work on scheduling showings…

Contact The Jason Brown Group to Schedule a Showing!

Posted by Jason Brown

Checking The Pulse Of The Kansas City Real Estate Market

QRM stands for Qualified Residential Mortgage (QRM) and it will change the way mortgage lending is done should the proposed loan regulations be put into effect. Only home buyers who make a 20% down payment would be considered a “Qualified Residential Mortgage”. Since 85% of home buyers today can NOT make a 20% down payment, we’re talking about changes that would have very serious consequences on most home buyers ability to secure a home loan. I’ve seen some estimate it could mean THREE percent higher interest rates for the 85% of home buyers who do not have a 20% down payment. This could definitely be the straw that breaks the camels back.

Higher interest rates would lead to buyers purchasing smaller homes and forcing many who want to buy a home to instead rent. All of this will put downward pressure on home prices at time when we’re looking for ways to promote a real estate recovery. Also consider that mortgage lenders would be required to hold (not sell off) 5% of the non-QRM loans. Again, that’s an estimated 85% of loans made today. Many lenders sell off ALL their loans, so requiring lenders to hold 5% of these loans will lead many lenders to stop making these types of loans. The fewer lenders there are in the market place, the worse off consumers will be.

If some of the estimates I’ve seen are correct, these proposed changed would have eliminated 1/3 of home buyers we’ve seen in recent years. Imagine what that would have done to our housing market. Going forward, the buyers who would still buy a home under the new guidelines will surely have to buy much smaller homes. That would hang many moderate and upper bracket homeowners/home sellers out to dry… which is the last thing the housing market needs. Fortunately multiple powerful groups are fighting these proposed changes. The groups include AFL-CIO, NAR, SEIU, NAACP and NAHB, among many others.

Posted by Jason Brown