Support Us Button Widget
Sponsored Content

The biggest real estate stressors in KC

Sponsored by
The biggest real estate stressors in FTW

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

Table of Contents

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 downpayments. 😅)

PlanOmatic

Boasting generous counter space, a center island, tile backsplash (and some included appliances), this home is complete with an abundance of well-placed windows for natural light — plus a walk-out deck.

Photo provided by Opendoor

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.*

More from KCtoday
Need some new places to pop the bubbly? Don’t worry, KCtoday has the scoop on the 10 best spots to watch the ball drop on Tuesday, Dec. 31.
Well, maybe not us directly — but KC really is the gift that keeps on giving.
For the new year, we’re asking readers to submit their top questions about Kansas City for us to answer.
Let’s take a look at some snowy stats.
2024’s Google Year in Search is out — check out what Kansas Citians were searching most this year (it might surprise you).
Kansas City is working towards a greener downtown with the South Loop Project. Check out renderings of the project + its 2026 completion goal.
We have 10 of the most recognizable Kansas City landmarks — from bright signs in the night sky to beacons of stone and metal.
A fresh new look is coming for the city’s award-winning farmers market.
Get into the holiday spirits. 🍸
Prepare for winter weather in KC with these seasonal temperature and precipitation outlooks.