Today I talk about the Average Impact of one home sale in the State of Missouri. According to the National Association of Realtors, The Average Impact of One Home Sale is $60,000 in Missouri. I also talk about the August 2020 Update from Kansas City Association of Realtors and how new home sales are up 15.1 YOY and that the Supply of New Homes is down -45.9% from August 2019. Finally, I continued to talk about the HDR Engineering Study presented to the Board of Alderman in August. Housing Starts in Smithville have an average of 89 per year from 2001-2019. The Average Persons per household is 2.7 which equates to an increased population of 240 persons/year. Recently, Stover and Associates updated that we can expect Smithville to grow between 3500-4500 new residents between 2020-2030.
