Wayne's Real Estate Blog
Grand Lake, OK real estate and Economic news. Real etate updates.
ARCHIVED BLOG POSTS
2008
More good news for Wichita, KS We previously heard this summer that Cessna Aircraft was going to build a finale assembly plant in Wichita for it's new Jet, the Columbus model. The Columbus intercontinental business jet will sell for $27,000,000. Spirit Aerospace who had been picked to build t...
08/28/2008
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August, 2008, Wichita, KS Real Estate Update Wichita's housing market is bucking the National trend in number of foreclosures. The national rate is 1.6% of all loans and the Wichita area is running at about ½ of the rate. During July sales were 11.2% below last years levels (the 2nd best on ...
08/22/2008
Closings Rebounded in July from June, 2008. TOTAL YEAR-OVER-YEAR SALES (new & existing): In July, year-over-year (Y/Y) sales of Wichita-area single-family homes decreased by 11.5%, dropping from 1,112 sales in July 2007 to 984 sales last month. NEW HOME SALES: Sales of new single-family homes...
08/19/2008
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More good news for Wichita housing! July 2, 2008: A new study by PMI Mortgage Insurance Co. ranked 381 Metropolitan areas in ability to hold their market value over the next 2 years. The Metro Wichita, KS area ranked right at the top of this report with only a 1% chance of home prices declining ...
08/02/2008
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MLS Market activity for the Wichita, KS metro area Jan. 1, 2008 to June 30, 2008 The economic and real estate slowdown has reached the heartland and the Wichita, KS metro area. April, 2008 sales were down 11.5% from 2007. May sales were down 19.2% and June sales were down 22.3% compared to l...
08/02/2008
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