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LOCAL LEMON BLOG

June 2021 Market Stats

7/15/2021

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The Wichita Real Estate market is still hot hot hot! Make sure you have an expert Realtor working for you whether you are buying or selling a home in Wichita KS!
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July 2021 Newsletter

7/7/2021

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How today's market has changed the way homes are selling, plus great buyer tips from TCG!
JULY 2021    |    VOL.  2021.13    

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home. As a result, the listing price was generally the ceiling of the negotiation. The actual sales price would almost always be somewhat lower than what was listed. It was unthinkable to pay more than what the seller was asking.

Today is different.

The record-low supply of homes for sale coupled with very strong buyer demand is leading to a rise in bidding wars on many homes. Because of this, homes today often sell for more than the list price. In some cases, they sell for a lot more.

According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR): “For every listing there are 5.1 offers. Half of the homes are being sold above list price.”

You may need to change the way you look at the asking price of a home.

In this market, you likely can’t shop for a home with the former approach of negotiating to a lower price.

Due to the low supply of houses for sale, many homes are now being offered in an auction-like atmosphere in which the highest bidder wins the home. In an actual auction, the seller of an item agrees to take the highest bid, and many sellers set a reserve price on the item they’re selling. A reserve price is the minimum amount a seller will accept as the winning bid.

When navigating a competitive housing market, think of the list price of the house as the reserve price at an auction. It’s the minimum the seller will accept in many cases. Today, the asking price is often becoming the floor of the negotiation rather than the ceiling. Therefore, if you really love a home, know that it may ultimately sell for more than the sellers are asking. So, as you’re navigating the home buying process, make sure you know your budget, know what you can afford, and work with a trusted advisor who can help you make all the right moves as you buy a home.

Bottom Line

Someone who’s more familiar with the housing market of the past than that of today may think it’s foolish to offer more for a home than the listing price. However, frequent and competitive bidding wars are creating an auction-like atmosphere in many real estate transactions right now. Contact The Carnahan Group today so you have a trusted expert on your side to provide the best advice on how to make a competitive offer on a home. 316-634-6767

Article Source : https://www.keepingcurrentmatters.com/2021/06/08/in-todays-market-listing-prices-are-like-an-auctions-reserve-price/

 

FROM OUR BLOG
 
The Final Walk Through. Why it is important to not skip this step! 

You're almost there. You can’t wait to finally get your house keys and move to this new place you’d call home. You just can’t contain your excitement as the closing day approaches. 

However, you’ve still got the final walk through—your last chance to make sure everything is in place and in the right condition before you sign the paperwork. It’s a critical step in the home buying process so it can be just as nerve-wracking. There’s a lot to keep track of because you want to make sure that the house is exactly in the way you want it to be before it can be called yours.

READ FULL ARTICLE

TCG HOT TIP

Will you win the bidding war without an escalation clause? Our agents Katie Brown and Brandon Baker explain: Escalation clause and why the clause is currently being used to benefit the buyer and seller.    WATCH MORE TCG VIDEOS

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance. 316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more. Want to be in-the-know about upcoming listings? Email us to be added to the list!  EMAIL

What's happening in your neighborhood? Would you like to stay in the know about home values on your block? Sign up  HERE.   Check out some of these HOT areas.
Homes in
COLLEGE HILL


Homes in

ANDOVER
Homes in
RIVERSIDE

Homes in
MAIZE
9219 E WILSON ESTATES CT
 
4 BED  | 2.5 BATHS
2 CAR GARAGE  | 3271 S
Q FT
$600,000


The HOT summer days are upon us. Looking for a quality home with a pool? Enjoy this home's wonderful floor plan for easy entertaining, luxurious, yet comfortable living spaces. Open kitchen concept, screened patio with heater and finished basement.  Your Dream Home awaits in the stunning renovated patio home in Wilson Estates.
VIEW LISTING
This information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decision to purchase. © Copyright 2020 South Central Kansas MLS, Inc. All rights reserved. Please be aware, property may have audio/video recording devices in use.
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APRIL 2021. 8 Newsletter

4/21/2021

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APRIL 2021         VOL.  2021.8
Do we know where YOU want to live?

In this fast pace market we need to know what you are looking for and the neighborhood you want to live in before a home hits market! Have you ever missed out on an opportunity to purchase a property simply because you didn't know it was for sale? Likely, this was an OFF-MARKET SALE. What Does Off Market Mean in Real Estate? Off market real estate is a term used to describe properties that are for sale or have already been sold without any advertising on the MLS or public knowledge. Within the real estate industry, agents chat about buyer needs within their office. In turn, when an agent has a new listing coming up, it is often shared among agents within their brokerage prior to it hitting the market.
With proper documentation and permission granted by the seller, this agent can allow showings of the property before entering the for sale data into our MLS system. This means, only the agents within the brokerage know it is for sale, it never hits 3rd party websites like Zillow, Tulia or Realtor.com, and you may miss your chance to purchase your dream home! This is happening all over the market with our shortage of inventory. In fact, just this past month we have sold 4 off market just at The Carnahan Group. Want to be in-the-know and be put on our buyer list? Click on the link below and one of our agents with get with you shortly!
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MARKET STATS
MARCH 2021 MARKET STATS
Home Inventory is yet again at the LOWEST we have seen yet! NOW DOWN 58%!! Homes sales in South Central Kansas rose by 5.4% in March compared to the prior year. The average sale price of existing homes was $189,126. This represents an increase of 16.7% from the March 2020 average price of $162,117. For new construction, 97 sales occurred in March, up from 72 units the prior year, an increase of 34.7%. The average sale price of new homes in March was $325,543, up 9.9% from the same period last year. A total of 1,072 contracts for sale were written in March 2021, up from 935 in March 2020. This is an increase of 14.7%. Contracts written during the month reflect, in part, sales that are set to close in the near future. The inventory of active listings in South Central Kansas stood at 660 units at the end of March, which is down from 1,562 homes that were on the market at the end of March last year.
VIEW FULL MARKET STATS

TCG HOT TIP

Winter is now behind us. Our agent Kim Galvin gives a few easy, simple tips to help prepare your home for Spring.

WATCH MORE VIDEOS

Getting your home ready for Spring!

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
EMAIL

TCG FAVORITE RECIPES

What is better than cooking out on the grill? Spring is here and like many of you, we are firing up the grill! Our Agent and Marketing Coordinator Dee Carlson is sharing 2 great recipes, perfect for the spring season!

Salsa Verde Chicken and Veggie Foil Pack

Ingredients:
1 Cup instant white or brown rice           
1oz cream cheese
1.5 cup water
6 tbsp salsa verde
1 lb chicken 
½ cup corn
½ tsp cumin
½ cup black beans
½ tsp garlic powder
½ cup shredded pepperjack cheese
½ tsp salt and pepper
1 tsp chili powder
1/8 tsp paprika                                       
 MAKES 4 SERVINGS

 

Directions:

  1. Preheat grill to medium high heat (or oven to 400 degrees).  Generously spray 4 large sheets of heavy duty foil with non-stick cooking spray. 
  2. Place the rice in the water and let sit for 5 minutes.
  3. Slice chicken breast into strips and set aside. 
  4.  In a bowl, combine all of the seasonings and then add the seasoning s to the chicken breast evenly with seasoning mixture.
  5. Divide the rice and water among the 4 foil packets and then place 2 tbsp of corn and black beans, then place the chicken on top of the rice/black beans/corn.  Slice the 1 ounce cream cheese into 4 equal pieces and place 1 piece in each foil packet.  Pour
    2 tbsp  of salsa verde on top of the chicken.
  6. Seal the packets and place on the grill until chicken is done (about 20 minutes or in the oven for 30-50 minutes).  Once done, mix everything around and top with 2 tbsp of shredded pepperjack cheese. 
Champagne Salad
Ingredients
8 oz. cream cheese, softened                  
1 cup sugar
8 to 12 oz whipped topping
1 10 oz package of frozen strawberries, partially thawed
2 or 3 bananas, sliced
 

How to Make It

  • Combine cream cheese and sugar in bowl, mix well.
  • Fold in whipped topping, strawberries and bananas.
  • Spoon into a 9x13 inch serving dish. 
  • Freeze overnight. Cut into squares.
  • May store in freezer for 3 to 4 weeks. 12 servings

     

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THE CARNAHAN GROUP CORE VALUES
GREAT ATTITUDE   |   SELF MOTIVATED    |    PROFESSIONAL   |    GOLDEN RULE
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1551 N Waterfront Parkway Suite 310
Wichita, KS 67206

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March 2021.6 Newsletter

3/18/2021

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MARCH 2021         VOL.  2021.6
WHEN DEMAND IS HIGH
AND SUPPLY IS LOW


We have never experienced an inventory shortage quite like this.

THE INVENTORY IS DOWN 55%!!!!

Low interest rates are driving buyers to purchase homes: When mortgage rates are lower, buying a home is more affordable. A lower payment may also help you qualify for a more expensive home, and buyers are taking advantage of this once in a lifetime opportunity!

In turn, when demand is high, it opens opportunities for sellers alike. Buyers are sitting, waiting, and willing to purchase a home, which means, you could sell very quickly (avg days on the market is 10) and for top dollar! Our problem is…. THE INVENTORY IS DOWN 55%!!!!! The Market NEEDS more houses to BUY!

State of the Market with Cindy Carnahan
At The Carnahan Group, we realize that now is not the time for everyone. An array of situations, life events, financial abilities, and timing are all factors to consider when deciding if now is the right time for YOU to sell. We understand everyone’s situation is unique. We are a team of trusted advisors and able to deliver exceptional problem solving solutions. IF you have any need to sell your home or just want to explore taking advantage of this amazing sellers’ market, please fill out the form below. One of our trusted advisors will reach out for a no pressure call to better understand your needs and wants. We promise there will be no pressure and no commitments required for the call!  We are here to help!
READ FULL ARTICLE
MARKET STATS
FEBRUARY 2021 MARKET STATS

Home Inventory is yet again at the LOWEST we have seen yet! Lack of housing supply has moved even lower than last month, down 54.6%!!!! Homes sales in South Central Kansas rose by 8.3% in February compared to the prior year. Sales in February 2021 totaled 654 units, up from 604 in 2020. Among existing homes, 599 units sold in February, an increase of 6.0% from 565 units that sold in 2020. The average sale price of existing homes was $174,228. This represents an increase of 4.8% from the February 2020 average price of $166,300.
VIEW FULL MARKET STATS

TCG HOT TIP

Our agent Jaren Johnson explains the buying process!

WATCH MORE VIDEOS

Home Buying Process

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
EMAIL

TCG FAVORITE RECIPES

It's St. Patrick's Day! With that we are sharing some Irish Favorites! You'll love this classic Shepherd's Pie dish and the perfect dessert to accompany it!
*Traditional Irish Shepherd’s Pie would actually call for ground lamb.  The difference between Shepherd’s Pie and Cottage Pie is the meat.  Cottage Pie uses ground beef, while Shepherd’s Pie uses ground lamb.

ST. Patrick's Day
Shepherd's Pie

Ingredients

Meat Filling:

  • 2 tablespoons olive oil
  • 1 cup chopped yellow onion
  • 1 lb. 90% lean ground beef -or ground lamb
  • 2 teaspoons dried parsley leaves
  • 1 teaspoon dried rosemary leaves
  • 1 teaspoon dried thyme leaves
  • 1/2 teaspoon salt
  • 1/2 teaspoon ground black pepper
  • 1 tablespoon Worcestershire sauce
  • 2 garlic cloves -minced
  • 2 tablespoons all purpose flour
  • 2 tablespoons tomato paste
  • 1 cup beef broth
  • 1 cup frozen mixed peas & carrots*
  • 1/2 cup frozen corn kernels

Potato Topping:

  • 1 1/2 - 2 lb. russet potatoes -about 2 large potatoes peeled and cut into 1 inch cubes
  • 8 tablespoons unsalted butter -1 stick
  • 1/3 cup half & half
  • 1/2 teaspoon garlic powder
  • 1/2 teaspoon salt
  • 1/4 teaspoon ground black pepper
  • 1/4 cup Parmesan cheese

Instructions

Make the Meat Filling

  • Add the oil to a large skillet and place it over medium-high heat for 2 minutes. Add the onions. Cook 5 minutes, stirring occasionally.
  • Add the ground beef (or ground lamb) to the skillet and break it apart with a wooden spoon. Add the parsley, rosemary, thyme, salt, and and pepper. Stir well. Cook for 6-8 minutes, until the meat is browned, stirring occasionally.
  • Add the Worcestershire sauce and garlic. Stir to combine. Cook for 1 minute.
  • Add the flour and tomato paste. Stir until well incorporated and no clumps of tomato paste remain.
  • Add the broth, frozen peas and carrots, and frozen corn. Bring the liquid to a boil then reduce to simmer. Simmer for 5 minutes, stirring occasionally.
  • Set the meat mixture aside. Preheat oven to 400 degrees F.

Make the potato topping.

  • Place the potatoes in a large pot. Cover the potatoes with water. Bring the water to a boil. Reduce to a simmer. Cook until potatoes are fork tender, 10-15 minutes.
  • Drain the potatoes in a colander. Return the potatoes to the hot pot. Let the potatoes rest in the hot pot for 1 minute to evaporate any remaining liquid.
  • Add butter, half & half, garlic powder, salt, and pepper. Mash the potatoes and stir until all the ingredients are mixed together.
  • Add the parmesan cheese to the potatoes. Stir until well combined.

Assemble the casserole.

  • Pour the meat mixture into a 9x9 (or 7x11) inch baking dish. Spread it out into an even layer. Spoon the mashed potatoes on top of the meat. Carefully spread into an even layer.
  • If the baking dish looks very full, place it on a rimmed baking sheet so that the filling doesn’t bubble over into your oven. Bake uncovered for 25-30 minutes.** Cool for 15 minutes before serving.

Notes

*If you can’t find frozen mixed peas and carrots, you could use 1/2 cup frozen peas and 1/2 cup frozen sliced carrots.
 
Bake at 400° F  Start preheating the oven after you make the meat mixture (step 6).
Blarney Stones
  • 2 cups confectioners' sugar
     
  • ½ cup milk, or as needed
     
  • 1 ½ teaspoons vanilla extract
     
  • 2 cups dry roasted salted peanuts, finely chopped
     
  • 1 pound cake, cut into bize-size cubes

How to Make It

  • Step 1

    Pour confectioners' sugar in a bowl. Gradually add milk, whisking constantly, until mixture has a thin frosting consistency; whisk in vanilla extract.

  • Step 2

    Place chopped peanuts in a bowl. Line a flat surface or a plate with waxed paper.

  • Step 3

    Dip 1 pound cake cube in frosting and roll cube in peanuts; place on wax paper to dry. Repeat with remaining pound cake pieces.

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2021.4 NEWSLETTER

2/17/2021

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FEBRUARY 2021         VOL.  2021.4

INTEREST RATES

The 30-year fixed-rate mortgage continued to hover near its all-time low, offering low borrowing costs to home shoppers and refinancers. The 30-year fixed-rate mortgage averaged 2.73% again this week; its all-time low was 2.65%, which was set in early January, Freddie Mac reports.

“Mortgage rates remained flat this week and near record lows, signifying an economy that continues to struggle,” says Sam Khater, Freddie Mac’s chief economist. “This rate environment is advantageous for those who are looking to refinance in order to strengthen their financial position. While many have already refinanced, the evidence suggests that upper-income homeowners have taken advantage of the opportunity more so than lower-income homeowners who could stand to benefit the most by lowering their monthly mortgage payment.”
Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 4:
  • 30-year fixed-rate mortgages: averaged 2.73%, with an average 0.7 point, unchanged from last week. Last year at this time, 30-year rates averaged 3.45%.
  • 15-year fixed-rate mortgage: averaged 2.21%, with an average 0.6 point, rising slightly from last week’s 2.20% average. A year ago, 15-year rates averaged 2.97%.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.78%, with an average 0.3 point, dropping from last week’s 2.80% average. A year ago, 5-year ARMs averaged 3.32%.
Freddie Mac reports average commitment rates with average points to reflect the total upfront costs of obtaining a mortgage.
 
Freddie Mac and “Instant Reaction: Mortgage Rates,” National Association of REALTORS® Economists’
MARKET STATS
JANUARY 2021 MARKET STATS

Homes sales in South Central Kansas rose by 18.5% in January compared to the prior year. Sales in January 2021 totaled 763 units, up from 644 in 2020. Among existing homes, 702 units sold in January, an increase of 18.6% from 592 units that sold in 2020. The average sale price of existing homes was $192,225. This represents an increase of 24.4% from the January 2020 average price of $154,493.
A total of 854 contracts for sale were written in January 2021, up from 758 in January 2020. This is an increase of 12.7%. Contracts written during the month reflect, in part, sales that are set to close in the near future. The inventory of active listings in South Central Kansas stood at 885 units at the end of January, which is down from 1,735 homes that were on the market at the end of January last year. At the current rate of sales, this figure represents 0.9 months' supply of homes on the market.
VIEW FULL MARKET STATS

TCG HOT TIP

Winning the bid in a multiple offer situation. Have you heard of an Escalation Clause? Our agents Brandon Baker and Katie Brown talk about an escalation clause works, particularly when there are multiple offers. 

WATCH MORE VIDEOS

Escalation Clause

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
EMAIL

TCG FAVORITE RECIPES

Well the Groundhog certainly saw his shadow! The temperatures have been below freezing now for about 2 weeks. We are sharing a great winter weather soup and 10 Inventive uses for leftover Valentine's Chocolate!

 

Creamy Taco Soup
for this COLD weather!

Ingredients

  • 1 pound lean ground beef
  • 1/2 red bell pepper chopped
  • 2 (10 fluid ounce) cans Ro-tel diced tomatoes & green chilies
  • 4 cups chicken broth
  • 1 tsp garlic powder
  • 1 tsp onion powder
  • 1 tsp ground cumin
  • 1 tsp smoked paprika
  • 1/2 TBSP chili powder
  • 1 (12 fluid ounce) can corn drained
  • 1 (15 fluid ounce) can black beans drained & rinsed
  • 1 (8 ounce) block of cream cheese
  • Salt & pepper to taste
  • Toppings (optional): grated cheddar, avocado, cilantro, tortilla strips, etc.

How to Make It

  • Take the cream cheese out of the fridge to let it soften up.
  • Add the ground beef to a large soup pot over medium-high heat. Brown the beef and drain the fat.
  • Add all the ingredients except for the cream cheese and salt & pepper.
  • Increase the heat to high and bring the soup to a boil. Turn down the heat so it's simmering gently for 8 minutes. While the soup cooks, prep your toppings.
  • Cut the cream cheese into smaller pieces and add it to the soup. Let it melt in (you may have to stir it a fair bit until it's fully dissolved). Season the soup with salt & pepper and serve with toppings as desired.
10 Inventive Uses for Leftover Valentine’s Chocolate
The day of love has come and gone, but the mounds of gifted chocolate will remain for weeks to come. Instead of forcing yourself to nibble on foil-wrapped hearts until May (or freezing them until forever), find cool ways to turn those leftover sweets into new treats. The possibilities are endless, but here are 10 ideas to help get you started.
1. CHOCOLATE FONDUE
Leftover milk chocolate plus marshmallow crème makes for one delicious party platter. Simply melt the chocolate, then mix in a 7-ounce jar of crème, ¾ cup of heavy whipping cream, 3 ounces of white baking chocolate, and ¼ cup toasted almonds, plus a dash of almond extract. Serve with fresh fruit or cubed pound cake.
2. CHOCOLATE-COVERED BACON
There is no wrong way to eat bacon, which means that there are numerous right ways to eat it. A drizzle of melted white and dark chocolate is one of those right ways. Many recipes you’ll come across for chocolate-covered bacon are pretty straightforward, and involve just 10 minutes or so of prep time. Refrigerate for 20 to 30 minutes, and you’ve got yourself a sweet-and-savory post-Valentine’s Day snack.
3. LAVA CAKE
A warm treat with a molten surprise inside—made of yesterday’s date night gift, of course—is like celebrating twice.
4. POPCORN DRIZZLE
Chocolate-covered popcorn is a delicious alternative to the salty, buttery theater staple that you’re used to, and you can make it as simple or as involved as you like. Simply pop the popcorn, drip some chocolate on top, and start snacking away. Or, add in a few more ingredients like cocoa powder and vanilla, place the mixture on an oiled pan, and bake at 250 degrees for 30 minutes, stirring occasionally.
5. HOMEMADE TRAIL MIX
Good trail mix demands the presence of tasty chocolate. Grab a few other essentials (nuts, raisins, seeds), mix in chopped Valentine’s goodies, and you’re ready to hit the trail (or gym). 
6. SWEET FRENCH TOAST
Treat friends (or that special someone) to a post-Valentine’s Day brunch. The standout on your menu: Chocolate-and-banana french toast. 
7. MODIFIED S’MORES
The chocolate component of a s’more is traditionally a bar, but who says it has to be? Break the rules and use whatever pieces you have lying around, even if they have nuts or other added ingredients. You may end up creating your new favorite campfire tradition.
8. STRAWBERRY HEARTS
Cut strawberries lengthwise, placing them flat side-down, so that the two halves form the general shape of a heart. (Stick a toothpick through the berry to keep them secure.) Melt some chocolate in the microwave (a minute or two should do the trick), then pour over the fruit. Refrigerate for an hour and serve. 
9. BARBECUE SAUCE
Reusing chocolate doesn’t always have to be a sweet endeavor. Experiment with ways to make it add a hint of chocolate to savory condiments, like barbecue or other sauces. If you’re not sure where to begin, great recipes are just a web search away.
10. HOT COCOA
If you have access to a powerful blender (plus melted chocolate, espresso powder, vanilla extract, ground cinnamon, and whole milk), you’ve got everything you need to whip up this wintertime staple.
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1551 N Waterfront Parkway Suite 310
Wichita, KS 67206

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Sherwin Williams 2021 Color of the Year

1/22/2021

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Sherwin Williams has announced their color of the year, and man do I LOVE IT! The bold Urbane Bronze replaces the soft greys of 2018-2020.
Picture

2021 Color of the YearTap into nature with a hue whose warmth and comfort breathe down-to-earth tranquility. Our 2021 Color of the Year, Urbane Bronze, captures that simple sophistication every space is searching for.

Find Your SanctuaryNow more than ever, our homes have become the backdrop to our lives, reminding us that the moments worth cherishing have always been right in front of us. As we're looking to create the ultimate retreat for reflection and renewal, we're turning to a hue whose natural simplicity and nature-inspired energy cultivate a sense of calm from the ground up.

Rooted in NatureThe trend for biophilia continues to shape our spaces, proving that nature is never far away. Urbane Bronze might be a color rooted in nature, but it also has a unique ability to ground a room through organic appeal. Whether it's accentuating window trims or accent walls, this warm hue draws from nature for a feeling of relaxation and serenity. It also works well with other biophilic elements including, light-filled spaces and foliage.
Watch our 2021 Color of the Year unveiling video and learn more about this tranquil hue here.


Source credit: Sherwin Williams
https://www.sherwin-williams.com/homeowners/color/find-and-explore-colors/paint-colors-by-collection/color-forecast/color-of-the-year?gclid=Cj0KCQiAjKqABhDLARIsABbJrGlH04kh06noaY06eLXkwGQHMz3SM8-k6mNjEhiv5cJZwtGWwh7cstIaAgyNEALw_wcB

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JANUARY 2021.2 Newsletter

1/20/2021

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*|MC_PREVIEW_TEXT|*
JANUARY 2021         VOL.  2021.2

THANK YOU

On behalf of The Carnahan Group, we would like to thank all of our clients for your business! This past year we quickly adapted to new safety precautions yet stayed true to our core business values while retaining relationships. Although hit with challenges, we were able to deliver exceptional problem solving solutions. Many came to us based on our proven track record and guidance we provide through the buying and selling process. Our group's drive to excellence excelled, resulting in our BEST YEAR YET! The Carnahan Group closed over $94 Millions in sales. We are honored to remain Wichita's #1 Team by volume.  We look forward to assisting you in 2021! Thank you from the bottom of our hearts,  we owe our success to our exceptional clients, cheers to you!

 

South Central Kansas Home Sales Rose in December
Home sales in SCKS rose by 16.5% in December compared to prior year Sales. Among existing homes, 892 units sold in December, an increase of 15.4% from 773 units that sold in 2019. The average sale price of existing homes was $187,936. This represents an increase of 16.3% from the December 2019 average price of $161,569. A total of 711 contracts for sale were written in December 2020, up from 583 in
December 2019. This is an increase of 22.0%. Contracts written during the month reflect, in part, sales that are set to close in the near future.
The inventory of active listings in South Central Kansas stood at 1,018 units at the end of December, which is down from 1,677 homes that were on the market at the end of December last year. At the current rate of sales, this figure represents 1.1 months' supply of homes on the market.
VIEW FULL MARKET STATS

TCG HOT TIP

Trying to decide to purchase or refinance your home? With interest rates now falling below 3%, now could be the time to take advantage of those low rates and step into that next level home you have always dreamed of. As your trusted advisors, let us sit down with you and crunch the number to see what option is best for you!

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Refi or Purchase?

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
EMAIL

TCG FAVORITE RECIPES

Super Bowl 2021 is Sunday February 7! Our agent DeeAnna Carlson shares some of her favorite Super Bowl recipes that are easy to prepare for the big event! ENJOY!

Swiss and Frank Spirals

Ingredients

2 8 ½ oz pkg cocktail wieners or Lil’ Smokies (32 Wieners)
32 2” strips process Swiss cheese                            
1 8 oz pkg refrigerated biscuits (10 biscuits)
2 Tbsp margarine, melted
2 Tbsp sesame seeds

How to Make It

Cut a lengthwise slit in each wiener; insert strip of cheese in each.
Quarter 8 biscuits. (Bake remaining with appetizers).
Shape quarters in 4-inch strips.
Wind, spiral fashion, around, each wiener.
Place on baking sheet; brush with butter and sprinkle with sesame.
Bake at 400 degrees for 10 minutes, or till browned.
Serve warm. Makes about 32.
Tex Mex Dip

Ingredients

3 ripe avocados
½ tsp salt2 tbsp lemon juice 
½ c. salad dressing
1 pkg taco seasoning
2 cans (10 ½ oz) bean dip
1 lg bunch green onions 1 c. sour cream
Grated cheddar cheese

How to Make It

Peel, pit, and mash avocados in bowl, add lemon juice and salt. 
Combine sour cream, salad dressing, taco seasoning in another bowl.
Assemble platter: 
Spread bean dip on bottom layer of platter. 
Top with avocado mix, then sour cream mixture.
Sprinkle with onions, tomatoes, cheese.
Chill and serve room temp with chips
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1551 N Waterfront Parkway Suite 310
Wichita, KS 67206

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January 2021.1 Newsletter!

1/6/2021

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*|MC_PREVIEW_TEXT|*
JANUARY 2021    |    VOL.  2021.1      

HAPPY NEW YEAR!

As we reflect on 2020, we have all been affected by the global pandemic. Changes brought about new ways of doing business and we thank all of our clients and vendors for adapting quickly as we navigated ways to assist in the home buying and selling process with enhanced safety precautions.  Despite the challenges, we are encouraged by the positive real estate sales market and record low interest rates giving buyers more purchasing power than ever before.
A New Year is like a blank book, and the pen is in your hands. It is your chance to write a beautiful story for yourself.  Wishing you a healthy and prosperous 2021!
FROM OUR BLOG
Changes in Homeownership

A multigenerational household is typically made up of aging parents, their adult children, and their teenage or young grandchildren. This setup has seen a steady rise in recent years, with over 64 million Americans living and sharing a multigenerational household, according to a 2018 Pew Research Center analysis of census data. It's a large-scale change that continues to alter the way people buy and build homes. There are many factors that can help explain the rise of multigenerational living. 12 percent of home buyers purchased a multi-generational home to take care of aging parents, because of children over the age of 18 moving back home, and for cost-saving.


Likewise, experts cited the growing immigrant population, economic, and cultural factors that are fueling this trend. The Asian and Hispanic populations are growing steadily, and they are more likely than whites to live in a multigenerational household, according to the Pew Research Center report. Skyrocketing rents and home prices, especially in some cities, are also affecting a growing number of people. Many of them decide to move back to their homes, especially those who are struggling to get good-paying jobs or still paying off student debt. Likewise, adult children offer their home to their aged parents as a convenient and cost-effective option. Continued....
READ FULL ARTICLE

TCG HOT TIP

Is purchasing a home a goal of yours in 2021? Our Agent Brandon Baker gives advice about getting pre-approved to purchase a home and why it is so important, especially in a hot market!

WATCH MORE VIDEOS

GETTING PRE-APPROVED

OPEN HOUSE SUNDAY

Check out this week's open houses happening from 2-4PM.
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
EMAIL

2600 200TH ST, VIRGIL KS

$3,500,000
4 BED  | 5+ 2 HALF BATH  |  3 CAR GARAGE  |  6500 Sq Ft
Let this stunning ranch situated on 325 acres of trees, ravines, and pasture land be your own oasis that includes the main house, ranch house, pole bar, dog house with kennels and outside pens, stable with three separate stalls, small work shed, working cattle pens, extra large generator for entire house and pool, two propane tanks for main house and one for the ranch house.
VIEW LISTING

2600 200th St, Virgil KS

This information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decision to purchase. © Copyright 2020 South Central Kansas MLS, Inc. All rights reserved. Please be aware, property may have audio/video recording devices in use.
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Copyright © 2021 The Carnahan Group at ReeceNichols SCK, All rights reserved.

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1551 N Waterfront Parkway Suite 310
Wichita, KS 67206

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April 2020 MLS STATS

5/13/2020

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Picture
Homes sales in South Central Kansas fell by 12.8% in April compared to the prior year. Sales in April 2020 totaled 782 units, down from 897 in 2019.

Among existing homes, 719 units sold in April, a decrease of 14.3% from 839 units that sold in 2019. The
average sale price of existing homes was $165,877. This represents an increase of 9.3% from the April 2019 average price of $151,782. For new construction, 63 sales occurred in April, up from 58 units the prior year, an increase of 8.6%. The average sale price of new homes in April was $303,978, down 14.1% from the same period last year.

A total of 877 contracts for sale were written in April 2020, down from 1,091 in April 2019. This is a decrease of 19.6%. Contracts written during the month reflect, in part, sales that are set to close in the near future.

The inventory of active listings in South Central Kansas stood at 1,579 units at the end of April, which is
down from 1,984 homes that were on the market at the end of April last year. At the current rate of sales, this figure represents 1.8 months' supply of homes on the market.

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Wichita Flag

6/14/2019

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It's FLAG DAY! The Wichita Chamber of Commerce put out this incredible video about the Wichita Flag. As "Wichitarians" we fly this flag with pride. I see it everywhere- on houses, especially cool to seeing flying among the Craftsman style and Bungalows in College Hill and Riverside. Visit any sporting apparel store and at the front, the "Wichita area" takes up a large portion with everything from flags, hats, shirts and even Christmas decorations with the Wichita flag on it.
We know we love the design - but do you know how it originated?
Check out this video put out by the Wichita Chamber of Commerce.

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