Wayne's Real Estate Blog

1st four months Sales data for the Wichita, KS metro area. Residential real estate sales for 1-1-10 to 4-30-10   Existing home sales increased 33.9% between March and April, 2010.  The median sales price of homes increased 5.6% on a year over year basis. Sale YTD are 9% higher than a year ago. Ex...

March, 2010 Real estate sales Figures For the Wichita, KS Metro Area The South central Kansas MLS released sales figures for March, 2010.  Existing home sales increased 180 units over February.  The median sales price of existing homes increased 9.7% over the same period.  These numbers were a hu...

Real estate activity has certainly picked up in the Wichita, KS metro area this Spring (or maybe it was just really bad this winter). Contracts written at my office were up 29% in february, 231% in march and 300% the 1st 10 days of April over January's numbers.  Will it continue after 4-30-2010? ...

Real estate activity report for 2009 and projections for 2010   The economy is growing but fallout from the recession continues to impact commercial real estate.  No commercial real estate recovery is expected before 2011.  The job market is expected to rebound in the 2nd half of 2010 and that wi...

November, 2009 Real Estate Report For the Wichita, KS Metro Area       Existing home sales decreased 4.8% from October, 2009 but were up 40% from a year ago because November was the original month that the $8,000 1st Time Buyer's Credit was suppose to have expired.  The Tax Credit has since been...

Freddie Mac, one of the largest buyers of home loans, said that the average 30 year fixed rate loan fell to the lowest rate, 4.71%, since they have kept records starting in 1971.  Quotes today in Wichita were 4.875 to 5% for 30 year, fixed rate loans.   The unemployment #'s for last week were the...

Ideas to enhance and generate More business in 2010   •·        Send personalized note cards to clients and prospects on a daily basis •·        Do a blog weekly that is connected to your main real estate web site •·        Send email newsletters to your email leads and past clients and customers...

November, 2009 MLS activity Report for the Wichita, KS Metro area    November 11, 2009 WAAR reported October home sales for the Wichita Metro area. Existing home sales/closings increased 11% over the previous month and were up 1% over October, 2008.  The median sales price of homes in October was...

Wichita is a top SALAD City Hold the steak. A study by the world's largest producer of fresh salad suggests that Wichita residents may actually prefer salad. The internal study, conducted by Dole Fresh Vegetables, ranked Wichita among the top salad markets in the United States. This means that lo...

3rd Quarter report for Real Estate sales Wichita, KS Metro area.   There are approximately 1902 Realtors.  Only 455 Realtors did at least 9 sales so far this year or at least one sale per month.  Approximately 75% of the MLS Realtors did not have at least one sale a month, the minimum to survive ...