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Report: 2012 home sales up 9 percent in Wichita area

The number of new and existing houses sold in the Wichita area increased in December, according to a report Wednesday from the South Central Kansas Multiple Listing Service.

Kellogg School apartments to begin leasing Feb. 1

Unique is one of the most overused words in real estate, but it might actually be the right one for the Kellogg School apartment conversion project.

Slow but steady the forecast for real estate

New apartment projects and rebounding area home sales were the highlights of the residential real estate sector in 2012, while industrial parks and spec buildings dominated the commercial real estate sector.

Wichita-area home builders report business looking up

Generally, December is not the best time of the year to sell a home, especially a new home.

Wichita City Council approves Exchange Place project acquisition

Downtown Wichita’s on-again, off-again $65 million Exchange Place apartment project is on again under new management.

Deal gives new life to Exchange Place project in downtown Wichita

A Texas residential real estate developer has acquired Real Development’s Exchange Place project in downtown Wichita, reviving what city officials proclaimed a dead project earlier this fall.

Area home sales still climbing

Wichita area home sales continue to climb, even during a time of the year when house purchases typically slow.

PenFed Realty to acquire Wichita’s Dinning-Beard

Willie Kihle said he and Mona Stein weren’t actively looking to sell their real estate firm, Prudential Dinning-Beard, when officials from the PenFed Group came calling.

Dave Burk to receive Lifetime Achievement Award

Old Town developer Dave Burk has been named this year’s recipient of the Kansas CCIM Chapter/Wichita State University Center for Real Estate Lifetime Achievement Award.

Wichita developers slow to use incentives for spec buildings

Spec buildings, particularly those for industrial and warehouse use, have gotten a lot of attention lately.

Real estate buyers gaining confidence, say industry execs

Home builder Jack Ritchie thinks some consumers are gaining confidence in the economy and their own situation to buy new homes.

OKC leaders: Downtown revitalization a ‘work in progress’

Kirk Humphreys said it looks to him like Wichita is doing a good job revitalizing its downtown.

Bonds may fund Goddard project

The developers behind the STAR bond district at K-96 and Greenwich in northeast Wichita are considering another STAR bond project to the west of the city, in Goddard.

Bel Aire breaks ground on industrial park

The city of Bel Aire held a ceremonial groundbreaking on Monday for the first phase of an 800-acre light industrial and manufacturing park, Sunflower Commerce Park.

QuikTrip to build Gen 3 store at Kellogg, Broadway

QuikTrip hopes to build as many as two more Generation 3 stores in Wichita, and an official of the company says that’s the model QuikTrip will go with when building new stores.

Minnesota guys eyeing resort in Georgia

Real Development, the Minnesota group whose downtown Wichita work has been stymied because they say they’re out of money, is proposing a destination resort worth hundreds of million dollars – and partially funded by public incentives – near the Georgia/Florida border.

Area home sales dip in September, rise for the year

Greg Fox sees a number of trends in the housing market that he thinks are good.

Wichita area home prices to rise in 2013

Home prices in the Wichita area will rise 1.3 percent next year, after falling in 2011 and 2012, according a new housing forecast.

2013 report: Commercial space stable, sluggish

Wichita’s commercial real estate market will likely mimic the area job market in 2013, stable but sluggish.

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