Wayne's Real Estate Blog

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Real Estate Agent - RE/MAX Grand Lake
Grand Lake, OK real estate and Economic news. Real etate updates.
RECENT BLOG POSTS
  October, 2012 Wichita Area Home Sales Data     Existing home sales in October, 2012 increased 17.3% over September, 2012 according to dada released by the South Central Kansas MLS.  They also increased 37.1 % over October, 2011.  Total sales of existing homes thru October, 2012 were 8% above th...
11/19/2012
  October, 2012   South central Kansas MLS housing report   (Wichita, KS Metro area)       Existing sales for September, 2012 fell by 20% from the prior month and were 8.1% lower than September 2011.  Total YTD sales were up 325 units from a year ago. Existing home inventories continue to fall an...
10/15/2012
Wichita area MLS   Absorption rates for various price ranges.   Last 6 months prior to 10-9-2012       $0               to      $100,000             1534 listings       5 MO’s of inventory   $100,000   to      $150,000             886 listings         4.5 MO’s of Inventory   $150,000   to      $...
10/09/2012
  Wichita, KS Financial update for the Fall, 2012   By Wayne Short, broker/owner       Mortgage Interest rates continue at record low rates for the rest of 2012.   30 year fixed rate loans are at or below 3.5%   15 year fixed rate loans are at or below   Investors can get loans in the mid 4% rate...
10/03/2012
  September, 2012 Real Estate Update   Wichita, KS Metro area   The south Central Kansas MLS just released their August, 2012 Wichita, metro area homes sales Figures.   Existing home sales increased 5.1% between July and August and were 9.4% above a year over year basis.  The Average sales price ...
09/21/2012
Wichita Aviation news update   The Wichita aviation industry has taken a big hit over the last 4 years.  Since 2008 almost 13,500 aviation jobs were lost due to the down turn in the Industry.  Finally, it looks like things are turning around……..       Boeing aircraft has received over the last 9...
07/18/2012
May, 2012 Wichita, KS metro area   Real estate update       Mortgage Interest rates continued at Record lows for May, and June 2012.  Quotes for 6-15-12 were 30 year FHA fixed rate loans at 3.25%, Conventional loans were at 3.625%.   15 year fixed rate loans were 2.875% for both FHA/VA and Conve...
06/15/2012
Wichita home sales report for March, 2012   Data supplied by the South Central Kansas MLS       Existing home increased 32.6% between February and March, 2012 and increased 11.1% on a year over year basis.  The median sales price of homes sold in March increased 10.7% compared to February sales ...
04/15/2012
Wichita Economic news for March, 2012   Data following is from the RE/MAX National Housing Report:   Nationally, home sales in February were 8.7% higher than sales in February 2011.  This was the 8th straight month year-to-year sales have risen.  Of the 53 metro areas included in the survey, 45 ...
03/20/2012
  Wichita, KS metro area Real estate, Business and Financial update for February, 2012   Data from the South Central Kansas MLS shows that Home sales have stabilized in the last year and will increase in 2012. In 2011 there were 4.1% less existing home sales than 2010.  The 1st month of 2012 show...
02/22/2012
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