Agents show off Lionsgate, Brookside beauties, mortgage rates dive

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Kevin Hatfield with Platinum Realty (above with Jeff Belton, Mid-America Mortgage and Brad Sarver, Platinum Realty) recently showed off a gorgeous custom 1.5 story “Arch Design” home in Lionsgate by the Lake. The home boasts soaring open living spaces with arches, columns and radius staircases. The kitchen is updated with stainless steel appliances and new granite countertops. Below, agents Karen McCarthy and Kim Barron, both with Reece & Nichols, stopped in to check out the first floor master retreat with fireplace, dual walk/in closets and fabulous master bath with heated travertine floors.  The lower level also is finished with a fireplace, bar, offices, workout room, bedroom, and full bath on a walk-out lot.

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The home in southern Overland Park at 5708 W. 147th Place (below) also is around the corner from two fishing lakes, basketball and sand volleyball courts.  Lionsgate features some of the most green space of any development in Johnson County.juliehousenew

Good stats: Mortgage rates take another dive

Europe’s financial turmoil is providing an unexpected windfall for American home buyers as international money seeking a safe haven is flowing into the U.S., pushing domestic mortgage rates to the lowest levels of the year and back near 50-year lows. Brokers nationwide are hoping these falling rates can  lift the U.S. housing market at a time when it could definitely use a boost. The housing market had been preparing itself for a period of rising mortgage rates as the Fed recently ended its $1.25 trillion mortgage-securities purchase program that had been propping up the market. But instead, many in the industry now say rates could go as low as 4.5% this summer from 4.86% now, instead of rising to 6% as some economists projected, making for significantly lower payments for Americans buying homes or refinancing their mortgages.

Brookside gem boasts lots of updates

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Chris Smart with Re/Max Premier (above) showed off this Brookside gem at 607 W. 61st.  Agents enjoyed lunching (Smart got plenty of kudos for his healthy salad!) and touring the home that features a large center hall plan and gleaming hardwood floors. Below, Lynn Kingsley-Jones with Re/Max, Andrea Hunter with Prudential and Linda La Piana with Re/Max stopped by this week to take it all in.

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Checking out the kitchen (below) were Brenda Lubeck with Prudential, Josh Wilson with Re/Max and Andrea Hunter with Prudential.

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