Real Estate and Development

Kansas City, Kan. noted among top U.S. cities where more young residents are buying homes

A national ranking by personal finance technology company SmartAsset on the top U.S. cities where more young residents are buying homes found Kansas City, Kan. to be among the top 50, landing at 48. Using data collected by the U.S.… more

New home listings show first decline since July

Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending Jan. 10, 2021 included a mixture of increases and falls. The median home sale price increased 14 percent year over year to $320,025, according to real… more

Northpoint sells logistics center to General Motors

Automaker General Motors now owns the deed to the 1.26 million-square-foot Arlington Automotive Logistics Center, according to Tarrant County deed records. The two-building property, built on the site of the former Six Flags Mall in Arlington, was part of a… more

Affordability concerns ahead for housing market in 2021

Apartment prices may be steady now, but rent is expected to rise within the latter half of 2021. Dense urban areas should continue to struggle with weaker rental prices and drops in average rents, according to John Loper, an associate… more

Soaring home values add more U.S. cities to million-dollar list

The typical value of a home in the United States is a little more than a quarter-million dollars ($263,351 in November 2020, to be exact). But in 312 cities and towns nationwide, the typical home is worth a cool million or… more

IT firm seeks expansion to KC metro with federal contract

U.S. Citizenship and Immigration Services' National Benefits Center could soon approve an expansion of global company IT Coalition Inc. to a Lee’s Summit facility. IT Coalition Inc. is a global information technology and cybersecurity service provider and is awaiting the… more

Council shoots down proposed $55M development

The Overland Park City Council downvoted a $55 million active-adult community in a 9-2 decision on Monday. Located just south of Ranch Mart shopping center, developers were denied rezoning for the 11.5-acre project. EPC Real Estate Group LLC plans involved… more

Naples company acquires Missouri vineyard, other assets

Augusta, Mo. will see development which could soon make the area home to the largest vineyards and winery in the Midwest. This news arrives with the acquisition of the Balducci Winery and Vineyards, the Knoernschild Vineyards, The Old Augusta Wine… more

Overland Park sports complex to begin construction summer 2021

Construction will soon begin on a large multi-sport complex in Johnson County dubbed the Bluehawk Sports Park. Property management company, Price Brothers, have plans for the first phase to start summer 2021. The first phase includes development of 238,391-square-feet within… more

Number of homes for sale fall to new all-time low in December

Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending December 20: The median home sale price increased 14% year over year to $320,714. Pending home sales were up 34% year over year. In the single… more