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December’s area home sales end year on strong note

The number of new and existing houses sold in the Wichita area climbed in the final month of 2013, according to the South Central Kansas Multiple Listing Service.

2013 saw big drop in foreclosures in Sedgwick County

The number of foreclosure filings in Sedgwick County in 2013 dropped 25.6 percent from the year before.

City Council approves 5-year agreement with Greater Wichita Economic Development Council

The Wichita City Council signed on for another five years with the Greater Wichita Economic Development Council on Tuesday, praising the group’s job creation and retention efforts.

Construction of homes, apartments poised for upswing

A Kansas City Federal Reserve Bank economist thinks single-family and multifamily construction is poised for an upswing beginning this year.

What can a Wichita homebuyer get for $2 million?

How much house do you get for $2 million?

Former downtown Wichita developers accused of securities law violations

Michael Elzufon and David Lundberg – the flamboyant Minnesota Guys development team who first began attempts to revitalize downtown Wichita in 2004 – allegedly violated state securities law, according to a petition filed Tuesday by the Kansas Securities Commissioner’s office.

Home sales in Wichita area dip again in November but still up for year

Home sales in the Wichita area fell for the second month in a row, according to data released Wednesday from the South Central Kansas Multiple Listing Service.

Fewer Wichita homeowners find themselves ‘underwater’

Rising home values in the Wichita area during the third quarter continued to improve the situation of homeowners who were “underwater” – owing more on the mortgage than the home is worth – according to national real estate analysis firm CoreLogic.

Real estate professional Rod Stewart to be honored with Lifetime Achievement Award

On Thursday, Rod Stewart’s peers will recognize him with the highest compliment a commercial real estate professional can receive locally: the Wichita State University Center for Real Estate and Kansas chapter of Certified Commercial Investment Members’ Lifetime Achievement Award.

Wichita conference to focus on rural rental-housing challenges

About 150 government, civic and business leaders from across Kansas will meet in Wichita on Tuesday to discuss the state of rental properties and apartments in rural communities.

Developer buys parking lot, plans to build at Second and St. Francis

Old Town developer David Burk said he plans to build on the northeast corner of Second and St. Francis streets after being high bidder for the land at auction.

Wichita area’s home sales fall in October

For the first time this year, total home sales in the Wichita area fell compared to the same month of 2012, according to the October report from the South Central Kansas Multiple Listing Service.

Wichita’s River Vista developers get feedback from young professionals

Developers expect to have their final plan for a $22 million downtown apartment, office and retail project complete by early next year, but first they want to hear from a key demographic group.

Wichita office, retail vacancy rates see pockets of promise

Lackluster but resilient. Those terms might be the best way to characterize the current market for office and retail space in the Wichita area, local real estate officials said.

Commercial lending appears to be on the rise in Kansas, region

Commercial lending activity generally appears to be on the rise in Kansas and the region in the first half of 2013.

Remodeling could begin soon on former Union Station

Walking through the Union Station passenger terminal in downtown Wichita, developer Gary Oborny envisions putting in glass where a lot of wallboard was added to the interior of the building long after it first opened in 1914.

Second building opens at Offices at Cranbrook; third building planned

Officials at Occidental Management said the second building has opened at their Offices at Cranbrook development and plans for a third building are just getting under way.

Developer plans Kansas City’s first new downtown hotel tower since 1985

A Tennessee developer plans to build a 257-room hotel in the Crossroads Arts District that will be the first significant new hotel project in downtown Kansas City since the Vista International opened in 1985.

Orthodontics practice to kick-off small Waterfront office park

Waterfront developers confirmed Friday the first tenant for their newest project, an 8-acre professional and medical office park.

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