“After months of war-driven economic uncertainty and mortgage rates around 6%, homebuilders are struggling with affordability this summer,” according to an article on Marketplace. Yet, Kansas City is looking up with a increase in single-family permitting thus far, according to KCHBA Executive Vice President Will Ruder.
“Homebuilding permits are up in Kansas City year-over-year,” said Will Ruder, executive vice president of the Home Builders Association of Greater Kansas City. “Anything under $500,000 in the Kansas City market is still moving with a relatively quick pace.”
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