Kansas City residents who want to buy a single-family home have to bid against mega-corporations that own hundreds or even thousands of properties. That shrinks the number of houses available for people to actually live in, and raises prices for homebuyers and renters alike.
Brenna Dwyer was in a race to buy her first home. When she and her sister decided to purchase a house together in 2020, they didn’t realize how steep the competition would be — or who they were up against.
“If we would find a house we liked and needed to think about it, by the time we had just a few days to talk it was already gone,” she said. “We had to make a decision quick or the house would go away.”
It took the sisters six months to find their home in Shawnee, Kansas. Then it took them one day to put down an offer. To read more visit this publication.
