How real estate and finances mix in KC’s 2022 market

The biggest real estate stressors in KC

Presented by a FTWtoday Partner

Opendoor’s first-ever Financial Wellness Study looks at how people are tackling their finances and homeownership, along with the stress it can cause. | Photo provided by Opendoor

Financial wellness and homeownership are two sides of the same coin. A recent study from Opendoor found that 56% of current + prospective homeowners think about their finances for at least 30 minutes every day. (We feel that. 💸)

Homeownership is a major milestone of financial security that many aspire to — but it can be just as stressful financially as other ultimate goals like saving for retirement and saving for a child’s education.

Fast facts:

37% of prospective homebuyers believe that homeownership will improve their quality of life.
More than 78% are considering buying their first home in the next five years.
53% want to buy within the next two years.

If you’re a part of these percentages, join us as we take a look at how Kansas Citians are tackling their finances + homeownership and how it affects their stress levels. (Read: You’re not alone if you’re sweating over down payments. 😅)

KC real estate stressors by the numbers

Midwest states like Missouri have a greater focus on savings (88%; 12% above the national average). At 69%, residents of the combined Midwestern states of Kansas + Missouri feel much more financially secure than the national average (46%).

Midwesterners are less likely to consider buying a home as an individual. The 34% of Midwesterners who would purchase a home alone see the most stress of the transaction in working with real estate agents or lenders on their own (i.e. without a partner or a parent).

Regardless of region, consumers are less likely to move to a desirable neighborhood for a more affordable home. 71% of Midwesterners feel they would not consider such a move, and fewer (27%) are open to moving out of state to find their dream home compared to the national average (32%).

Given its burdensome load, 73% of Midwesterners would choose cleaning their home from top to bottom (compared to 68% nationally) over going through the buying or selling process (27% vs. 32% nationally). Read: Scrub Daddies over real estate agents.*

TAKE THE STRESS AWAY

This content was created in partnership with Opendoor and written by Garcelle Vierra Erdie.*

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Today

KCKCC Pioneer Career Center Trunk or Treat and Carnival | Tue., Oct. 25 | 5:30-7:30 p.m. | 1901 Spruce St., Leavenworth, KS | Free | Get in the Halloween spirit at this free trunk or treat event, jam packed with carnival rides, food trucks, and a DJ.
Take Your Resume from Fizzle to Sizzle! | Tue., Oct. 25 | 6:30-8 p.m. | Virtual | Free | Learn the common pitfalls to avoid from a professional and discover what Human Resources look for in an applicant. 📝
LeShea Wright | Tue., Oct. 25 | 7 p.m. | Folly Theater, 300 W. 12th St., Kansas City, MO | $22.00 | This homegrown vocal star has sung with Janelle Monae, Isaac Cates & the Ordained, and Grammy-nominated Cortez Vaughn & Worship Culture. 🎤

Wednesday, October 26

Aesthetic Perfection | Wed., Oct. 26 | 6 p.m. | VIVO Live Music, 7300 D W. 119th St., Overland Park, KS | $25.00 | This electronic musician and singer brings his “American Psycho Tour” to the Rosana Square.
Greyson Chance | Wed., Oct. 26 | 8 p.m. | Uptown Theater, 3700 Broadway Rd., Kansas City, MO | $25.00 | This musician initially rose to fame from a YouTube cover of Lady Gaga’s “Paparazzi.” 🎶

Thursday, October 27

Mission Community Food Pantry | Thu., Oct. 27 | 4-6 p.m. | Trinity Lutheran Church, 5601 W. 62nd St., Mission, KS | This drive-through event is welcome to all every second and fourth Thursday of the month.
Halloween Fashion Show for Charity | Thu., Oct. 27 | 7-11 p.m. | The Truman, 601 E. Truman Rd., Kansas City, MO | $29+ | Featuring 50+ costumed models, live music, and special guests, all benefiting Fashion Honors Autism. 👗

Friday, October 28

Majors House Ghost Tours | Fri., Oct. 28 | 6:30-9:30 p.m. | Alexander Majors House, 8201 State Line Rd., Kansas City, MO | $20.00 | Uncover legends that swirl around the museum with a cocktail in a collectible cup. 👻

Plan Ahead

Piff the Magic Dragon + Puddles Pity Party: ‘The Misery Loves Company’ tour | Sun., Oct. 30 | 7 p.m. | Midwest Trust Center, 12345 College Blvd, Overland Park | $25.00 | Join Piff the Magic Dragon, his Chihuahua sidekick Mr. Piffles, and Puddles the clown for a musical comedy (best suited for ages 12 and up).*

We have a monthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.

100+ MORE EVENTS

Weather

56º | Partly cloudy | 18% chance of rain

Biz

KCK’s Plastic Packaging Technologies LLC has sold to PPC Flexible Packaging LLC, a private-equity-fueled company based in Buffalo Grove, Illinois. PPT, founded in the 1970s, served as one of the area’s largest manufacturers based on its 360 local full-time employees. (Kansas City Business Journal)

Open

North KC’s F325 BBQ is now open — located at 1825 Buchanan St. What started as a successful food truck is now a full-service restaurant, including a bar and patio. The menu features dishes like the brisket burger and whiskey sweet potato casserole. Hungry yet? (The Kansas City Star)

Opening

Scratch that — re-opening. Creative Culture Westport is returning in December after suffering a building fire. The improved studio space now features a larger party room, splatter studio, and more studio guest tables.

Seasonal

Westport Wednesday looks a little spookier this week. Aside from the typical local business deals, experiences include a Halloween movie watch party, Halloween pop-up bar, pumpkin painting party, and a mezcal tasting. See participating locations here.
KC’s Power and Light is hosting CarnEVIL this Sat., Oct. 29 at 7 p.m. — a real circus themed nightmare. Come dressed in your favorite KC Live! venue’s theme, or try on your most impressive Halloween get-up for a chance to win the costume contest.

Concert

The Judds “The Final Tour” will be heading to the T-Mobile Center on Fri., Feb. 3, 2023. Tickets go on sale this Fri., Oct. 28 at 10 a.m.

Drink

As the seasons change, so does the beer selection. Boulevard Brewing Company’s “Maple Mood” is hitting the shelves come November. This limited release imperial stout has a smooth sweetness — imparted by aging on maple. 🍁

Shop

Sweater season is upon us, and what better way to shop than local and second hand? Drink, eat, and browse the KC Vintage Flea pop-up this Sat., Oct. 29 from 11 a.m.-4 p.m. — located at Parlor, 1707 Locust St., KCMO.

Arts

The Roeland Park Arts Advisory Committee is seeking a KS or MO-based professional artist or artist team. The project? Creating a site‐specific, original piece of art. The work will be located on the north end of Roe Boulevard. Find more details on eligibility here.

DYK

Did you know you can support KCtoday through our retail store? We’re celebrating Kansas City’s unique landmarks and history with our online shop. Show off your KC pride with stickers, hoodies, mugs, and more. No need to wait. Start shopping.

Real Estate

Opendoor + Zillow are joining forces. The new multi-year partnership will allow Zillow sellers to request an Opendoor offer. Customers will be able to use Zillow’s service as a standalone offering or package it with other Zillow home shopping services (read: financing, closing or agent selection). 🏡 *

Shop

Here’s a friendly reminder that we’re less than a week out from Halloween. Have you bought your costume yet? What about the candy? And if you wanna be the coolest parent or grandparent on the block — while increasing your trick-or-treater’s nighttime visibility — grab this affordable 100-pack of glow sticks.*

Content marked with an * is brought to you by our advertising partners and helps make this newsletter free.

KCI + art installations =

Art installation coming to new airport terminal

It’s a bird! It’s a plane! Wait...it’s an alto saxaphone! | Photo via Michael Thomas Corrigan

Thanks to the city’s One Percent for Art Program — 1% of public construction costs are to be set aside for public art. This budget allocation includes funds for the new single terminal at KCI, due to open in the spring.

One of the major installations, and the first completed project to be installed, is “Ornithology” by renown artist Willie Cole. Inspired by Charlie Parker’s nickname “The Bird,” the goal was to create larger than life birds using alto saxophones.

Cole partnered with local company B.A.C. Musical Instruments (located a few blocks north of the historic jazz district) to procure several hundred saxophones for the project. Additionally, he collaborated with its founder, Mike “Horn Doctor” Corrigan, to bring his vision to life.

The installation held a preview on Thurs., Oct. 20, where many of the attendees suggested that this “Suite of Jazzbirds” (12 in total) will become a visual icon for the city.

THE WRAP

Today’s edition was written by Bella.

Editor’s pick: I don’t know about anyone else, but I am still on cloud nine from the KC Current playoff win this weekend. Fun fact: I went to my first Current game in August 2021, when the team had its first win of the season. Against who, you ask? Similarly to Sunday, OL Reign.

Missed yesterday’s newsletter? Answered Q’s from Mayor Q.

Connect with us.

Editorial: Bella Rainey, Travis Meier, Dayten Rose, Josh Kranzberg, Ashlea Hearn, Emily Shea | Send us a scoop, question, or feedback.

Sales: Amanda Munsey | Advertise with us.

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