Home Buyers Seek Corporate Housing in Kansas City Sellers Market

Kansas City MO

22 June, 2021

10:12 PM

Description

More and more home buyers are seeking corporate housing in Kansas City as they search for new homes during the 2021 sellers market. In a perfect world, Kansas City, MO. home buyers would be able to transition from selling their current home to buying a new home with the sale and repurchase taking place in the same month. However, in the current red hot sellers market, home buyers are struggling against massive demand for homes, with bigger offers and same-day sales leaving many would-be home buyers unable to acquire a new home in a timely fashion. This leaves home sellers in quandary about where to stay once they've sold. By definition, there are more real estate buyers in the market than homes for sale, and though this is great for selling your home, sellers are immediately left without housing as they wait to acquire new homes. So what are the best options for temporary housing in a sellers market? Short Term Stays With Extended Family  You've heard it said there are no free lunches, but that isn't exactly true if you can stay with extended family, rent free. After all, if you're selling your house in this market the median existing-home sales price in 2021 rose by a record-breaking annual pace of 17.2% That means if you've been lucky enough to sell your home this year, you've got cash on hand and a possible strategy to keep more of it. What's that strategy? Staying with extended family during your housing hiatus. If--and that's a big IF--you have extended family that will take you and your family in while you search for your new home, you'll be able to save considerable amounts of cash to stockpile on top of the proceeds of selling your home. This means you'll be able to save a bit more to offer more on the new home you find, or simply make a bigger downpayment for overall savings on your mortgage payment. Of course, this is considering your extended family doesn't make you pay-to-stay. But if you can make it work, transitioning into interim housing with relatives is a great way to ensure you're able to find the new home of your dreams without forcing a decision and regretting your housing market FOMO.  Corporate Housing Solutions For Short Term Transitions But don't worry if you haven't got anyone to take you in, rent free. Your short term transition doesn't have to involve a year's lease, costly storage rentals, and an unfurnished apartment with too little room for your family. The eight advantages of corporate housing are more than enough to convince you that an 1) affordable, 2) fully furnished, 3) all inclusive, 4) place with a full kitchen that comes equipped with a 5) washer and dryer, has 6) maid service, is 7) conveniently located and has 8) multiple options for a home, apartment, condo or high-rise is the only way to settle in-between your old and new home. The cost is often the same as a mortgage payment, and though you may not be saving as you would by living with a relative, you'll be saving yourself from jumping into a pricey market for home buyers and starting a bidding war because you feel forced to make offers on houses you don't want for more than the asking price just to beat the competition. Now, you can relax in the comfort of your home-away-from-your-new-home, and let the housing market come to you. In fact, Kansas City Corporate Housing says rates are 30-50% less than extended stay hotels and Air BNBs. Bottom Line: If you're in transition between the house you've sold and the house you're looking to buy, Corporate Housing is a cost-effective way to buy time as you look for your new home! Kansas City Corporate Housing 609 W 46th St Ste 907  Kansas City, MO 64112 (844) 816-1218 https://www.kansascitycorporat...