On March 26, 2025, the U.S. Department of Housing and Urban Development (HUD) announced a significant policy change affecting the eligibility criteria for Federal Housing Administration (FHA) insured loans. Effective May 25, 2025, FHA-backed mortgages will be restricted exclusively to U.S. citizens and lawful permanent residents. This move aligns with the Trump administration’s broader efforts to prioritize economic opportunities for U.S. citizens and ensure that federal benefits are reserved for individuals with stable, long-term residency status.

Key Details of the Policy Change:

• Affected Programs: The new guidance applies to all FHA loan programs, including Title I Property Improvement and Manufactured Home Loans, Title II loans, and Home Equity Conversion Mortgages (HECMs), which are FHA-backed reverse mortgages.
• Implementation Timeline: While lenders have the option to implement these changes immediately, compliance becomes mandatory for all FHA case numbers assigned on or after May 25, 2025.

Eligibility Criteria Under the New Policy:

1. U.S. Citizens: Individuals holding U.S. citizenship remain eligible for FHA-insured financing, provided they meet standard FHA requirements
2. Lawful Permanent Residents: Borrowers with lawful permanent resident status (Green Card holders) are eligible under the same terms as U.S. citizens. Lenders must document evidence of permanent residency status in the mortgage file.
3. Citizens of Specific Freely Associated States: Citizens of the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau may also qualify for FHA-insured financing, subject to the same requirements as U.S. citizens. Proof of such citizenship must be included in the mortgage documentation.

Implications for Non-Permanent Residents:

Prior to this policy update, non-permanent residents—such as individuals on work visas—could access FHA-insured mortgages if they met certain conditions, including using the property as a principal residence and possessing a valid Social Security number. The revised guidelines eliminate this eligibility, citing concerns about the uncertainty of these individuals’ ability to remain in the country and fulfill long-term financial obligations.

Documentation Requirements:

Lenders are now required to verify the residency status of all borrowers based on information provided in the mortgage application and supporting documentation. A Social Security card alone is deemed insufficient to prove immigration or work status. Acceptable documentation includes evidence issued by the U.S. Citizenship and Immigration Services (USCIS) confirming lawful permanent residency.

Rationale Behind the Policy Shift:

HUD officials have stated that this change is intended to ensure that FHA’s mortgage insurance programs are administered in alignment with the administration’s priorities, focusing on providing access to homeownership for U.S. citizens and lawful permanent residents. The policy reflects concerns that non-permanent residents’ uncertain immigration status could impact their ability to meet long-term mortgage obligations.

Industry Response:

The mortgage industry is adjusting to these new guidelines, with lenders reviewing their current pipelines to identify affected borrowers. Prospective homebuyers who are non-permanent residents are advised to explore alternative financing options or seek clarification from mortgage professionals on how this policy may impact their homeownership plans.

FHA Restricts Loan Eligibility to U.S. Citizens and Permanent Residents

Weekly Real Estate News Roundup: Overland Park and Surrounding Areas

Welcome to this week’s real estate news roundup for Overland Park and its neighboring communities. In this edition, we delve into the latest market trends, property valuations, and housing inventory updates that have emerged over the past two weeks. Staying informed about these developments is crucial for homeowners, prospective buyers, and real estate investors alike, as they navigate the dynamic landscape of the local real estate market.

Overland Park Housing Market Trends

As of February 2025, Overland Park’s housing market has experienced significant growth. The median home price reached $475,000, marking a 19% increase compared to the same period last year. On average, homes in Overland Park are selling after 35 days on the market, compared to 25 days last year. In February, 131 homes were sold, down from 140 in the same month last year. redfin.com

Johnson County Property Valuations

Recent data from the Johnson County Appraiser’s Office indicates that the average residential property value has increased by 6.5% in 2025. This reflects a continued trend of property value appreciation in the area, although at a more moderate pace compared to previous years. kshb.com

Housing Inventory in Overland Park

The housing inventory in Overland Park has seen changes across different property sizes. In February 2025, there were 797 homes for sale, a 4.7% increase compared to January 2025. Specifically, the inventory for one-bedroom homes increased by 100%, two-bedroom homes by 3.8%, while three-bedroom homes saw a decrease of 6.3%. Four-bedroom and five-bedroom homes experienced inventory increases of 7.6% and 8.9%, respectively. rocket.com

Historic Overland Park Neighborhood Trends

The Historic Overland Park neighborhood has experienced a significant uptick in home prices. In February 2025, the median sale price was $279,250, a 14% increase compared to the previous year. However, homes are staying on the market longer, with an average of 48 days before sale, up from 15 days last year. The number of homes sold decreased to four in February from eight in the same month last year. redfin.com

Johnson County Market Insights

Johnson County’s housing market continues to thrive, driven by population growth and economic strength. According to the Johnson County Appraiser’s Office 2024 Market Study Analysis, 90% of residential properties saw value increases of 7-9% last year, a trend continuing into 2025. Redfin reports a median sale price of $445,000 in December 2024, which is estimated to have risen to $450,000 by February 2025, based on consistent 5.9% year-over-year growth. emetropolitan.com

Looking Ahead

The real estate market in Overland Park and its surrounding areas continues to evolve, presenting both opportunities and challenges for buyers and sellers. Staying informed about current trends and market dynamics is essential for making well-informed decisions. Whether you’re considering buying your first home, selling your property, or exploring investment opportunities, having a trusted real estate professional by your side can make all the difference. AravindKCRealtor is committed to guiding you through every step of your real estate journey, ensuring that your goals are met with expertise and dedication.

Discover Your Dream Home in Overland Park – Open House This Saturday!

Are you searching for the perfect home in a prime Overland Park location? Look no further! This stunning, Vaastu-compliant, move-in-ready home is the one you’ve been waiting for. Join us for an exclusive Open House on March 1st, from 2 PM – 5 PM, and experience this beautiful property in person.

Property Highlights

📍 Address: 7829 W 158th St, Overland Park, KS 66223
💰 Price: $578,000
🛏 4 Beds | 4.5 Baths | 2-Car Garage

This gorgeous home is nestled in a quiet cul-de-sac and offers the perfect blend of elegance and comfort. From a spacious kitchen with granite countertops to a private backyard with a fire pit, every detail has been designed for modern living. The finished basement includes a wet bar, a non-confirmed 5th bedroom, and a full bath—perfect for entertaining guests or creating a cozy retreat.

Why You’ll Love This Home

✔ Spacious Living Areas – High ceilings, a formal dining room, an office space, and a cozy sitting area.
✔ Premium Upgrades – Recently refinished hardwood floors, a modernized kitchen, and fresh interior & exterior paint.
✔ Excellent Schools – Located near Blue Valley West High School, Cedar Hills, and Pleasant Ridge.
✔ Entertainment & Relaxation – Enjoy evenings by the fire pit in your beautifully landscaped backyard.
✔ Recent Improvements – From a new basement bar countertop (2022) to an upgraded sprinkler system and exterior painting, this home has been meticulously maintained!

Home Improvements & Upgrades

This home has seen extensive improvements over the years, ensuring peace of mind for future homeowners:

• 2022-2021: Basement bar granite countertop, exterior painting, refinished hardwood flooring.
• 2017-2016: Sprinkler system upgrade, home water heater replacement, additional backyard landscaping.
• 2015-2011: Basement storage shelves, sump pump replacement, microwave exhaust system, basketball hoop installation, roof replacement due to hail damage.
• 2010-2005: Kitchen countertop upgrade, HVAC maintenance, duct cleaning, landscaping, and sprinkler system installation.

Don’t Miss Out – Visit the Open House!

This home has everything you need—comfort, elegance, and modern amenities in one of Overland Park’s most desirable neighborhoods. Whether you’re a growing family or looking for an entertainer’s dream home, this property is a must-see!

📅 Join us for the Open House on March 1st, 2 PM – 5 PM
📞 Contact AravindKC Realtor at (847) 970-1743 for more details.
🔗 Visit Zillow for more information.

Act fast—homes like this don’t stay on the market for long! We look forward to welcoming you this Saturday!

Spacious 5-Bed, 4-Bath Home in Stonebridge Pointe – Great Location!

This beautiful two-story home has 5 bedrooms, 4 baths, and a 3-car garage. It sits on a large corner cul-de-sac lot, offering both space and privacy.

Upgraded Features

Enjoy extra hardwood floors and modern appliances, including a gas range that vents outside. The quartz countertops and premium plumbing fixtures add style. The custom alder cabinets provide plenty of storage. Plus, the damper-zoned HVAC system keeps temperatures comfortable. The home also includes garage door openers for added convenience.

Prime Location & Community Perks

This home is near top-rated schools, including Prairie Creek Elementary, a 2020 National Blue Ribbon Award winner. The Rodrock community offers four pools, two clubhouses (one with a gym!), trails, parks, and playgrounds. Even better, Heritage Park, a 1,238-acre outdoor space, is right next door.

Lease Details

• 🐾 Pet-Friendly – $250 nonrefundable pet fee per pet + $25/month pet rent per pet
• 🔧 Tenant Pays – All utilities, lawn care, and rental insurance
• 🚭 No Smoking Allowed
• 📋 Application Required – All tenants 18+ must apply

This home won’t last long! Contact us today to schedule a showing.

For all news from Aravind https://kcdesi.com/category/announcements/kcdesi-aravind/

https://www.zillow.com/homedetails/17410-W-164th-Ter-Olathe-KS-66062/336993240_zpid/

The Federal Reserve (Fed) forecasts a continued slowdown in inflation for 2025, although the pace may be slower than initially expected. Concerns surrounding policies proposed by the incoming Trump administration were highlighted in the latest minutes from the Federal Open Market Committee (FOMC) meeting held on December 17–18.

During the meeting, which led to a 25-point interest rate cut, committee members reviewed the state of the economy and inflation trends in 2024, with projections extending into 2025.

The committee noted a noticeable easing of inflation throughout 2024, which justified the initiation of rate cuts in September. However, by year-end, the rate of decline in inflation had lagged behind earlier predictions, influenced by some upward shifts in economic data. Consequently, inflation closed 2024 slightly higher than the committee had anticipated.

Looking ahead, the Fed now expects a similar trajectory in 2025, with a more gradual reduction in inflation. Members also acknowledged potential implications of policy changes as a new administration assumes office this year.

“Participants expected that inflation would continue to move toward 2%, though recent higher-than-expected inflation readings and potential shifts in trade and immigration policy suggest the process may take longer than previously anticipated,” the minutes noted.

The Fed has reiterated its November forecast that inflation will decline to 2% by 2027.

Regarding interest rates, the committee projects a slower pace of cuts in 2025, estimating a total reduction of just 75 basis points by year-end.

2025 Housing Market Predictions: What’s Ahead for Kansas City Homebuyers and Sellers

The 2024 housing market was marked by chaos and challenges, particularly for potential homebuyers who often described the market as unaffordable. As we look toward 2025, economists anticipate a continuation of high mortgage rates and elevated home prices, but there are glimmers of hope for slight improvements. This article explores what industry experts predict for the upcoming year in the housing market.

Mortgage Rates: A Gradual Decline

Economists largely expect mortgage rates to decrease in 2025, although predictions have been tempered compared to earlier forecasts. Mortgage Bankers Association (MBA) anticipates the average 30-year fixed rate will hover around 6.5% for the year, slightly down from 6.6% in 2024. Similarly, the National Association of REALTORS® (NAR) expects rates to stabilize between 5.75% and 6.25% by mid-2025, but a large federal deficit may limit further reductions.

Realtor.com forecasts rates to remain in the 6.3%–6.5% range, while the National Association of Home Builders (NAHB) projects rates to reach closer to 6% by the year’s end. Economists emphasize that factors like economic growth, federal budget decisions, and labor market performance will play key roles in determining how quickly rates decline.

Home Sales: A Gradual Rebound

The housing market is expected to see a modest recovery in sales volume in 2025. NAR forecasts existing-home sales will rise by 9%, with new-home sales increasing by 11%. Realtor.com offers a more conservative estimate, projecting a 1.5% increase in existing-home sales.

Lower mortgage rates, increased inventory, and steady price appreciation could spur more transactions, although sales levels will likely remain below pre-pandemic norms. First-time buyers may represent a larger share of purchases, supported by slightly improved affordability and demographic shifts as millennials reach prime home-buying age.

Housing Prices: Slower Growth but Still Elevated

Home prices will continue to rise in 2025, but at a slower pace. MBA forecasts median existing-home prices will climb to $411,200 (a 1.31% increase), while Realtor.com anticipates 3%–4% national price growth. NAR expects the median home price to reach $410,000, up 2% from 2024.

Affordability will improve slightly as mortgage rates stabilize and household incomes grow modestly. However, regional variations will persist, with Southern and Western cities like Miami, Phoenix, and Atlanta seeing stronger price growth.

New Construction and Inventory: A Positive Outlook

Builders are projected to ramp up new construction in response to inventory shortages. NAHB predicts 1.42 million housing starts in 2025, with single-family construction leading the charge. Realtor.com anticipates an 11.7% increase in active listings compared to 2024, offering some relief to buyers facing limited options.

Economic and Policy Considerations

Economic policies under a new Trump administration could significantly impact the housing market. Proposed tariffs and deportation policies could increase construction costs and exacerbate labor shortages. Additionally, federal budget deficits may limit mortgage rate reductions, affecting affordability.

Final Thoughts: A New Normal

The 2025 housing market is expected to take slow but steady steps toward normalcy. While affordability challenges will persist, the gradual stabilization of mortgage rates and home-price growth could encourage more buyers to enter the market. However, uncertainties like federal policy changes and economic shifts remain key variables to watch.

About AravindKCRealtor

AravindKCRealtor is your trusted real estate partner in Kansas City, specializing in helping families and individuals find their dream homes. With extensive market knowledge and a commitment to personalized service, Aravind is dedicated to guiding clients through every step of their real estate journey.

Contact AravindKCRealtor
Explore how AravindKCRealtor can help you achieve your real estate goals. Reach out today to begin your journey to homeownership!
📞 Phone: (847) 970-1743
📧 Email: AravindKCRealtor@gmail.com

5 Essential Tips for First-Time Homebuyers from AravindKCRealtor

Purchasing your first home is an exciting milestone, but it can also be overwhelming without the right preparation. As a first-time homebuyer, setting yourself up for success involves understanding the market, defining your goals, and working with trusted professionals. Here are five essential tips to help you navigate the journey:

1. Assess Your Financial Health
   Start by evaluating your finances. Check your credit score, calculate your debt-to-income ratio, and determine how much you can afford. Don’t forget to account for hidden costs such as property taxes, homeowner’s insurance, and maintenance expenses.
2. Get Pre-Approved for a Mortgage
   Pre-approval helps you understand your budget and shows sellers you’re a serious buyer. It streamlines the buying process and gives you an edge in competitive markets. Work with a lender who can guide you through your financing options, including programs for first-time buyers.
3. Identify Your Priorities
   Make a list of your must-haves and nice-to-haves. Consider factors like location, commute time, neighborhood amenities, and school districts. Having clear priorities will help narrow your search and save time.
4. Don’t Skip the Home Inspection
   A thorough home inspection is non-negotiable. It uncovers potential issues that could lead to costly repairs down the line. Always hire a qualified inspector and be present during the inspection to ask questions and gain insights into the property.
5. Work with a Knowledgeable Realtor
   A good realtor is your biggest asset in the home-buying process. They’ll help you find properties that meet your needs, negotiate on your behalf, and ensure a smooth closing process. Their local market expertise can save you time and money.

About AravindKCRealtor

AravindKCRealtor, a proud KCdesi Prime Partner, is deeply committed to supporting the Indian and South Asian community in Kansas City and its surrounding areas. Specializing in providing personalized real estate services, AravindKCRealtor offers a unique understanding of the cultural and community-specific needs of his clients. Whether you are a first-time homebuyer, an experienced seller, or a savvy investor, Aravind combines his local market expertise with a client-focused approach to make every real estate journey seamless and successful.

Aravind’s dedication goes beyond transactions; he strives to build lasting relationships by guiding clients with transparency and care. From identifying the perfect neighborhood to navigating complex market dynamics, Aravind tailors his strategies to meet individual goals. With Kansas City’s thriving real estate market offering countless opportunities, now is the time to partner with a professional who understands both the market and the unique preferences of the community.

For a smooth and stress-free real estate experience, connect with AravindKCRealtor today!
📞 Phone: (847) 970-1743
📧 Email: AravindKCRealtor@gmail.com

Whether you’re taking your first step on the property ladder or exploring investment opportunities, reach out to AravindKCRealtor for expert guidance tailored to your journey!

The real estate market remains dynamic as we wrap up November 2024. Nationally, home prices continued their year-over-year growth, posting a 5.1% annual increase according to the latest Case-Shiller Index. However, on a month-to-month basis, prices dipped by 0.2%, reflecting regional variations. Cities like Detroit and San Diego led with annual gains of over 8%, while Portland, Oregon, saw a slight annual decline of 0.7%. Inventory remains tight nationwide, with low supply driving consistent price increases despite slightly easing mortgage rates. As the market shows signs of balancing, both buyers and sellers face opportunities to negotiate strategically in this evolving landscape​. CRE Daily  RealEstateNews.com

Locally, Kansas City continues to offer a mix of affordability and growth, making it a hotspot for families and professionals seeking vibrant communities with economic opportunities. Sellers are encouraged to price homes thoughtfully as buyers are becoming more selective, leveraging the slight cooling in demand to make careful decisions​. Norada Real Estate Investments

About AravindKCRealtor

AravindKCRealtor, a proud KCdesi Prime Partner, is deeply committed to supporting the Indian and South Asian community in Kansas City and its surrounding areas. Specializing in providing personalized real estate services, AravindKCRealtor offers a unique understanding of the cultural and community-specific needs of his clients. Whether you are a first-time homebuyer, an experienced seller, or a savvy investor, Aravind combines his local market expertise with a client-focused approach to make every real estate journey seamless and successful.

Aravind’s dedication goes beyond transactions; he strives to build lasting relationships by guiding clients with transparency and care. From identifying the perfect neighborhood to navigating complex market dynamics, Aravind tailors his strategies to meet individual goals. With Kansas City’s thriving real estate market offering countless opportunities, now is the time to partner with a professional who understands both the market and the unique preferences of the community.

For a smooth and stress-free real estate experience, connect with AravindKCRealtor today!
📞 Phone: (847) 970-1743
📧 Email: AravindKCRealtor@gmail.com