|
Wichita Home Sales Decline
Housing sales are down in the Wichita area this year, but experts say that doesn't mean buyers will have lots of choices. Email Address: news@kake.com |
|
Housing sales are down in the Wichita area this year, but there aren't many homes available for sale. That's the word from Friday's real estate round table at Wichita State University.
More than 125 of the area's top real estate agents, builders and developers were on hand. The information will be used to develop WSU's Center for Real Estate Housing Market Forecast.
The Center's director, Stan Longhofer, says sales in the Wichita area have started to decline from previous years good numbers. However, home buyers will find fewer homes to choose from than the national average.
"Our inventories are very, very tight," Longhofer says. "Nationwide, there is a 10 month supply of homes for sale, but here in Wichita, it's closer to a four month supply."
Longhofer also says the housing market forecast for the rest of this year and 2009 will be released around the middle of September.
| National AP Video |
|
|
| KAKE Most Discussed |
| Charges Filed Against Wichita Daycare Provider 83 Comments |
| Victims In Early Morning Crash Identified 78 Comments |
| NAACP Demands Apology For 'RedNeck Rap' 63 Comments |
| Moment Of Silence To Remember Ft. Hood Victims 39 Comments |
| Wichita Man Wants City To Invest In Joyland 38 Comments |
| 3 More Kansans Die From H1N1 36 Comments |
| Happy Thanksgiving! Your 2009 Thanksgiving Guide |
|
| H1N1 News Click here for the latest news regarding the H1N1 virus. |
|
| Upickem Pigskin Payoff Contest Click here to go to our pro football season contest! |
|
| First United Methodist Church of Wichita Click here to watch Sunday services live. |
