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Owning a home today is more expensive than ever and disproportionately out of reach for people of color. Civic Saint in Kansas City wants to use tiny homes to help close the gap and protect the environment.
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A group of Kansas City homeowners sued the National Association of Realtors in 2019 over what they said were inflated commission fees. The powerful trade group, which denies wrongdoing, agreed in March to pay $418 million in damages and to adjust its commission practices, which could transform the way Americans buy and sell homes.
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As state and federal lawmakers propose measures to curb how firms like VineBrook operate, tenants continue to grapple with poor maintenance and customer service.
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In Kansas City's increasingly tight housing market, large investors continue to buy up homes in the area and convert them into rental properties. It forces prospective local homebuyers to compete against out-of-state corporations.
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This week, Jackson County assessment director Gail McCann Beatty fielded questions from the legislature about this year’s problematic property assessments, which saw the value of properties increase by an average of 30%.
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Some Jackson County residents report their property tax assessments are up 90% from two years ago. On Friday, the Jackson County Board of Equalization extended the deadline to file formal appeals.
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A steep increase in assessed property tax value has some Jackson County residents concerned they could lose their home. Experts share ways to challenge the assessment through individual appeals and legal action.
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The Kansas City housing market outlook favors sellers and properties are still going quickly, despite inflation.
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After the Federal Reserve started hiking interest rates, pending sales for new homes in Kansas City dropped by over 30%. But the market hasn’t gotten easier for prospective buyers, with home prices still at record highs.
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Midtown will soon be home to one of two streetcar extensions, adding to demand for development. But the residents who could benefit most from accessible public transit are the same ones most likely to be priced out of the area.
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While the U.S. homeownership rate saw its biggest annual increase on record during the pandemic, the disparity between Black and white homeowners also grew. Some organizations in Kansas City are trying to change that.
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Port Authority of Kansas City commissioners did not move forward with plans to award Lux Living tax incentives on a $55 million deal to develop apartments on the Berkley Riverfront after news stories detailed the developer’s past in St. Louis.