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Leadership Conversation – The U.S. Housing Crisis is Real

Leadership Conversation – The U.S. Housing Crisis is Real

The U.S. homeownership rate is under 64%, up slightly but still near the 40-year low of 63.4% posted in the 2Q of 2015. Homeownership is around the same level as in the 1Q of 1986. The number of starter homes for first-time buyers has declined by nearly 44% since 2012. “Flippers” now account for around 15% – 18% of existing home sales, and cash-only sales are now around 23% [January 2017] of transactions. The number of “trade-up” homes, according to Trulia, is down around 40% over the same period. For-sale home foot traffic is down to average levels. Millennials are the largest group of home buyers but lack the financial resources to purchase the “home of their choice” in the “location of their choice.” Existing home sales are around 5.4 million, with a median existing home price of approximately $245,000. Around 1.9 million existing homes are for sale. However, the jobs many Millennials want are in markets with unaffordable home prices. In 2016, the ratio of home prices to median income was around 4.0 – 4.2 times household income. The following table highlights the percent of households that can afford to buy a median-priced home in 2018.

Ribbon Cutting at the Antioch Annex – Miles of Smiles

On Thursday, October 19th Curry Real Estate Services celebrated with Miles of Smiles at their ribbon cutting honoring their new location at the Antioch Annex.

Congratulations Cathleen Turner on earning your Accredited Residential Manager (ARM®) Certification

 

What Our Staffs’ ARM Certifications Mean for You

ARM certification, or Accredited Residential Manager certification is one of the most prestigious designations awarded to real estate managers. To receive this highly respected recognition, candidates must prove their experience through evidence of managing a minimum portfolio, a rigorous 40-hour class, a comprehensive exam and letters of recommendation by industry peers. Curry Real Estate Services is proud to employ ___ property managers who hold this designation, and is proud to announce that Cathleen Turner recently received her ARM certification as well. But what does this mean for our renters, owners and investors?

Curry Tee’s Up in 2017

Curry Real Estate Services continues to be a proud sponsor of the Liberty Hospital Foundations Annual Golf Classic at Stayley Farms Golf Club.

Prairie Place Celebrates Opening of New Community Building

17 New Apartment Homes Also Completed

PAOLA, Kan. (September 25, 2017) – Community leaders, developers, residents and friends gathered recently to celebrate the ribbon cutting ceremony for the new community building at Prairie Place in Paola.

Did you know we are AMO certified? Here’s what that means for you.

AMO accreditation, or Accredited Management Organization® accreditation is a high bar mark of excellence awarded to real estate management firms. To receive this prestigious recognition, a firm must exceed industry standards in professionalism, financial performance and ethics established and enforced by The Institute of Real Estate Management (IREM). Curry Real Estate Services is proud to be one of only 500 firms out of more than 10,000 eligible firms in the United States and Canada to hold this designation. But what does this mean for our renters, owners and investors?

What Spencer Fane says property owners need to know about new registration requirements.

Spencer Fane provided this valuable overview regarding the new registration requirements for property owners. While most company registered agents should have taken care of these requirements, it is important to touch base and verify this information has appropriately addressed . Read the article.

Curry recognizes four team members for their 45 years of service

It is with great honor that we recognize four individuals for their 45 years of service. They each have significantly contributed to our company’s success, demonstrating great leadership that others could follow. We thank you for your enduring loyalty and diligence.

Ray Brock Wins the Northland Community Foundation Pinnacle Award

Congratulations to Ray Brock, Chairman Emeritus for Curry Real Estate Services for winning the Northland Community Foundation Pinnacle Award. The award was presented to Ray at a breakfast on Friday, April 28th at Harrah’s Casino. The Pinnacle Award celebrates philanthropy in the Northland.

Curry Celebrates “Miles of Smiles” Success!

On Friday, March 31st, members of the Curry team joined more than 350  attendees at the Argosy Casino and Spa to “Brush Up On Fashion” with the Miles of Smiles.

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