Wayne's Real Estate Blog

2008 board and agent Production stats For the South Kansas MLS    The Wichita Board of Realtors ended the year with approximately 1769 agents and the South Kansas MLS finished with 1880 agents.  Two years ago there were approximately 2300 MLS agents.   1880 agents in the MLS at the end of 2008.  ...

    Total Sales in All Zone New Homes Existing Homes Total Homes             Sales | Volume | Average | Median | DOM_Avg | DOM_Med | Pct_Avg | Pct_Med       Related Pages:  WSU Home Price Index  /  WSU Home Price Calculator         TOTAL YEAR-OVER-YEAR SALES (new & existing):   In November, year...

January 1, 2008 to October 31, 2008 MLS Statistics For Wichita, KS metro area MLS   The # of residential sales for October, 2008 was 822 homes.  That is the 3rd lowest # for the year and 17.3% below October, 2007.   YTD closings of existing homes is 8,768 compared to 10,259 YTD for 2007.  This is...

Wichita economic and real estate update:   Kansas is in the lead to get the new U.S. Bio-defense lab.  It would be located in Junction City, KS-about 2 ½ hours NE of Wichita. The $563 Million federal bio-defense lab is also wanted by Texas, Georgia, North Carolina and other states.  Should Kansas...

Wichita, KS employers (mostly aviation companies) have announced 1,500 proposed Lay-offs for the next few months. The majority of these companies are taking a pro-active approach to tightening up their staff in the chance that they will have fewer sales in the next year and may lose some of the r...

STRONGEST HOUSING MARKETS   National Association of Realtors strongest housing markets, by price appreciation, for third quarter 2008:   City Median price % change 1. Elmira, N.Y. $105,000 +12.5% 2. Decatur, Ill. $83,400 +8.7% 3. Bloomington-Normal, Ill. $168,400 +8.1% 4. Wichita $125,300 +5.5% 5...

November 20, 2008 Meeting with Regional VP of Countrywide Home Loans and staff.   The following is notes and observations from a very frank meeting about the economy, short sales and foreclosures with representatives of the Mortgage industry, Title officers and top Wichita real estate agents.   9...

Wichita, Economic and city update   The United Way of the Plains has raised its highest total of funds via pledges in the history of the Charity.  Over $16,000,000 has been pledged to the United Way Campaign.  This is another indication of the strength of the Wichita and Central Kansas economy.  ...

The Labor Department reported that 240,000 jobs were lost in October, which was worse than the expected loss of 200,000 jobs. In addition, the Unemployment Rate jumped to 6.5%, up from last month's read of 6.1% and reaching the highest unemployment rate since 1994. And if the current numbers were...

We are meeting with around 40 high Tech agents from across the country Thursday and Friday (Nov. 6th and 7th) at Orlando and the NAR International convention.  Today we are having two speakers from Active Rain going over the recent changes to the site and going over possible future changes.  Rich...