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Wichita, national housing markets primed for 2012 rebound

It’s not 2007 again, but after four difficult years, Wichita’s struggling housing market appears to have found bottom and is set to rebound significantly in 2012, along with many national markets.

Public vote Feb. 28 on proposed Ambassador Hotel tax

Wichita voters will get to decide Feb 28 on whether to tap the city bed tax to help finance a boutique hotel downtown.

First businesses ready to launch in Newton logistics park

The 2-year-old dream of Harvey County leaders is little more than an empty field today, with some new streets at Newton’s southeast corner.

Krumsick given CCIM lifetime achievement award

Herb Krumsick’s message for his fellow commercial realtors was simple Thursday: “Your day is coming.”

Real estate professor honored

Herb Krumsick grew up poor in Pittsburg and decided he wanted something more out of life.

Developer drops one hotel project, prepares for fight on another

A downtown development group has dropped one project and is gearing up for a public fight over another with a local free-market group that opposes public subsidies for private development.

Renovated apartment house in Midtown set to open

The building at 206 E. 18th St. could hardly be more different now than it was eight months ago.

Wichita developer puts contract on land near casino

A prominent Wichita commercial developer has tied up a key piece of land near Mulvane’s Kansas Star Casino as his partnership group studies the land’s potential for casino-related business.

Wichita builder of upscale homes seeks bankruptcy protection

Ron Peake, best known in Wichita for the upscale homes he built as Ron Peake Design-Build, has filed for Chapter 7 bankruptcy protection.

Home sales up from 2010 in Wichita market

For the first time in several years, there’s optimism as the Wichita housing market winds toward the end of the year.

Petition drive on boutique hotel funding needs ‘several’ signatures

A petition drive to force a small piece of the Ambassador Hotel Wichita’s funding to a vote is still short of its 2,528-signature goal, organizers said Monday.

Home sales slip, but up over '10

National and regional home sales slipped predictably in September as the peak summer sales period waned, according to an index by the National Association of Realtors that measures pending sales.

Downtown Wichita on its way up

Wichita builder Ted Farha is all in for downtown Wichita. Three weeks ago, he moved his Farha Construction company to 120 E. First St. in the old Protection One building.

Five questions with Troy Carlson

Troy Carlson grew up as a western Kansas farm boy.

Wichita to hear tax district request

The Wichita City Council agreed Tuesday to set a public hearing for Dec. 6 to hear a request by a developer to establish a special tax district in south Wichita.

Businesses to join Walmart at Marina Lakes Shopping Center

A Wichita shopping center is getting new owners.

Flint Hills Ranch sells for $4.5 million

An Oklahoma cattle ranching family has purchased more than 2,500 acres of Butler County land for its operation.

Agents learn to pitch commercial properties

Like starting a car on a winter morning, making a real estate deal in a cold market takes some extra oomph.

Local housing market on slow path to health

The Wichita housing market will continue its painfully slow rebound in 2012 amid high unemployment headwinds, two economists said Friday. In his annual Kansas Housing Markets Forecast, delivered at the Wichita Marriott, Stan Longhofer said he's optimistic that the worst is over in the Wichita housing market.

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