Wayne's Real Estate Blog

Follow me
By
Real Estate Agent - The Wichita Home Team with KW Signature Partners
Grand Lake, OK real estate and Economic news. Real etate updates.
RECENT BLOG POSTS
August, 2009 MLS report From W.A.A.R for the South Central Kansas MLS    YTD closings in August, 2009 were down 16% from August 2009.  YTD closings for January through August are down 22% from 2008 levels.  YTD closings are down 40% from 2006 levels.   Listings YTD for 2008 are down 4% compared t...
09/28/2009
Wichita, KS Economic Update September, 2009    The unemployment rate dropped in August for the 1st time in 2009.  The revised rate for Wichita in June was 10% and it has dropped to 8.9% in August.  The rate in Kansas was 7.1% and the lowest rate in the state was for Manhattan at 4.1%.   RealtyTr...
09/18/2009
Wichita Economic update September, 2009    The new double deck terminal for Wichita Mid Continent Airport will cost $150,000,000.  Bids will be let this fall.  No local taxpayer funds will be used for this project. The terminal will be built just west of the present terminal.   International air ...
09/09/2009
Wichita, KS Business Update August 27, 2009   Wichita Aquifer Project:   Wichita, KS is making sure it's water supply stay available for future growth by taking excess water from the Arkansas river, filtering it and pumping it back into the Equus beds aquifer to create plenty of product through 2...
08/27/2009
July, 2009 MLS & Economic Report Wichita, KS   July, 2009 Home sales figures:   Existing home sales decreased 4.5% from June, 2009 totals.  June sales had been up 20% over last May's dismal figures.  YTD home sales in the metro area are down 24% from 2008 totals as of the end of July. July, 2009 ...
08/24/2009
The 1st 6 months, Wichita, KS metro area real estate activity   Existing home sales increased 20.9% over May 2009's figures but were still down 10% from the same period in 2008.   New home closings were up 48% compared to a month ago.  The median new home price in June was $196,998 compared to $...
07/25/2009
Wichita was just rated the #2 metro area out of the top 90 in the U.S. for the least commute time for residents and least traffic delays. McConnell AFB has added 15 air refueling tankers to the 31 tankers already based in Wichita.  By October, 48 tankers will be based in the "Air Capital".  With ...
07/10/2009
Wichita, KS metro homes sales For May, 2009    The Wichita Area Association of Realtors and the South Central Kansas MLS have released data for May, 2009 reference Wichita, KS metro home sales figures.   Existing home sales increased 10.5% in May compared to sales in April, 2009.  Existing home s...
06/17/2009
April real estate update For 2009    Sales figures are in and April's sales were 9.1% higher than March.  They were still 27.5% below 2008's numbers.  Average sales price of existing homes in April was $113,445.   The existing inventory of homes remained relatively stable from March to April this...
05/21/2009
Real Estate market update For 1st Quarter, 2009    Kansas ranked #36 out of the 50 states in lowest foreclosure rates for 2008 at 0.51%.   Wichita ranked #92 out of the top 100 markets in lowest foreclosure rates at 0.67%   Average sales prices for the Wichita MLS have increased each of the last ...
05/12/2009