Is Kansas City's Housing Market Shifting? Residential Update with Kent Welch

Guest:

Kent Welch, Owner / President, Weichert Realtors - Welch & Co

Host:

Logan Freeman, Managing Broker, Midwest CRE Advisors

In this episode of The Kansas City Market Pulse, host Logan Freeman sits down with Kent Welch, broker and owner of Weichert, Realtors Welch & Company, to break down what is really happening in the Kansas City housing market.

Kent started the company on March 1, 2004 in a three-car garage in Wyandotte County and has grown it to more than 200 agents.

Episode Highlights:

Still a Supply Problem: Builders pull about 4,000 to 4,500 permits a year in Kansas City. Kent says we need double that.
Older First-Time Buyers: The average first-time buyer has gone from the late 20s to about 41.
Do Not Overreact to One Month: A softer May is normal; Kent watches trends over several months.
Cost Pressures: Rising prices bring rising property taxes, and interest rates are holding the market back.
Rooftops Lead: New homes bring services, then retail, then commercial investment.

For commercial investors, follow the rooftops. Residential momentum shows where retail and services go next.

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