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Wichita Area Real Estate
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QUESTION: We are no longer able to pay our mortgage due to a hardship. After doing a lot of research, including reading your columns, we decided to try a short sale. We listed the property, found a strong buyer and submitted all the required paperwork to our lender. Now the lender wants us to auction off the house. What gives?
Just as Jane Fraser was named CEO of CitiMortgage nine months ago, the mortgage industry was undergoing a seismic shift as refinancing activity began its free fall.
Just 10 days before Christmas 2009, Ganel Appolon found an envelope taped to his front door. He and his family were being evicted from their Tamarac, Fla., home. Appolon had fallen behind on his mortgage payments, and the lender repossessed the property under terms of his bankruptcy filing.
Retired aerospace engineer Owen Klasen was rejected last year when he sought a second mortgage to paint and re-roof his house.
Sales of newly built homes rose unexpectedly last month, bucking a cooling trend in the housing recovery.
Home prices fell slightly across large U.S. cities in December from a month earlier, further evidence that the housing market cooled to close the year, according to a closely watched index.
How much house do you get for $2 million?
Since 1925, the rule in Kansas has been if you buy property on a mortgage, you pay to have it recorded by the county.
The new top administrator of the Wichita Area Association of Realtors played basketball at a small California college, has never lived in Kansas – but has a mother who was born in El Dorado – and describes himself as “a normal Joe.”
Wichita home sales activity was slightly mixed in September, but a seller’s market for existing homes remains, according to the South Central Kansas Multiple Listing Service report released Tuesday.
Home sales in the Wichita area continued to outpace sales from a year ago and inventory for existing homes remained tight in August, according to a report released Tuesday.
The Wichita Area Association of Realtors has hired a new chief executive.
Americans for Prosperity wants City Hall to get more money out of prime riverfront land that’s been earmarked for apartments at First and McLean. At least one council member is in their corner.
Tessa Hultz, chief executive of the Wichita Area Association of Realtors, will be leaving to take a similar job in North Carolina.
Wichita area home prices, excluding distressed sales, rose 7.2 percent between February 2012 and February 2013, according to a just-released report by CoreLogic, a national real estate data firm that surveys local markets.
Forty-four more area houses were sold in February versus the same month a year ago, according to a South Central Kansas Multiple Listing Service report released Friday.
Tom Johnson, president of NAI Martens, has been named by Midwest Real Estate News to the 2012 Midwest Commercial Real Estate Hall of Fame.
Wichita-are home sales moved higher in October, continuing what local Realtors hope is a sustainable trend.
Officials from Occidental Management, which is building a class A commercial office park in northeast Wichita, said Friday that they have more than 50 percent of the first phase of the project pre-leased.