Foreign buyers snap up deals
Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: In bulk, with slashed prices.
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WASHINGTON — First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.
Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: In bulk, with slashed prices.
It's harder — much harder — for businesses and entrepreneurs to find financing in Wichita and across the nation.
Kansans have used the $8,000 first-time homebuyer tax credit at a comparable rate with surrounding states, according to a national study prepared for Congress.
Wayne Ragsdale cringes every time there's a new business announced in the media.
Some themes are emerging as the city's downtown revitalization consultant continues its listening tour.
QuikTrip's latest Wichita project is coming to downtown. The Tulsa-based convenience store chain has scheduled a "scrape and build" project at Douglas and Washington, the latest move to renovate and modernize its Wichita stores.
The city of Kechi and the developers of the vacant Rock Pointe subdivision are joining the growing list of suburban cities offering incentives for homebuilders and homebuyers.
A consultant said Tuesday that Wichita has at least two major drawbacks in recruiting business: lack of a ready site, and a stigma stemming from recent aviation industry strikes.
SAN DIEGO — Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst downturn in decades, the National Association of Realtors said.
Several developers are pushing a plan for a large complex of attached housing and apartments north of K-96 in Maize.
Local contractors have won two of the first three construction contracts at the $50 million Siemens wind turbine plant in Hutchinson.
After seven years of fits and starts at WaterWalk, Jack DeBoer's patience ran out.
More homes were sold in the Wichita area in October than in the same month a year ago, the first year-over-year sales increase since the national economic collapse hit Wichita.
A Kansas City-based real estate firm ramped up its pursuit of business this fall, trotting out more than a dozen specialty-property-specific Web pages on its Web site in a bid to increase the company's real estate niches.
John Prescott was in his element this week, coaching about 75 Wichita residential real estate agents in a meeting room at Immanuel Baptist Church.
Downtown planners will kick off a six-month public engagement process in December, seeking broad input on downtown revitalization.
WaterWalk's new management is shifting focus from its predecessors, retaining a major Wichita commercial broker to attract office and retail tenants in a move to draw traffic to the struggling 7- year-old development.
A $90 million plan to convert key pieces of downtown real estate into a movie studio could go before the Wichita City Council as early as this month.
A Wichita real estate development firm will move to Delano as it renovates a key piece of retail space in the district.