Topeka Kansas real estate units sold for period ending September 2007
By Becky S. Burghart, President of Topeka Association of REALTORS®
(Berkshire Hathaway First REALTORS®)
Dear Mr and Mrs Buyer or Seller:It is interesting to see how the market has done month to month especially with the turn of events in the lending market. If you have been approved for a loan a couple of months ago, you might want to double check to see if you STILL qualify before finding the home of your dreams. Lenders have tighten up on the requirements for loan approvals and it is definitely effecting the end results in posted sales between August 2007 to September 2007. The # of units sold in August was: 315 and September showed a drop to: 243. Year to Date 2006 showed unit sales at: 2653 and 2007 is showing: 2531. Average home sales is still hovering between$100,000 to $139,999. However, more homes have been sold in 2007 in the $300,000 - $499,999 than in 2006. If you are th...
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