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!
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!
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!
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.
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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
Ingredients
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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1551 N Waterfront Parkway Suite 310
Wichita, KS 67206
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