Real Estate and Development

Pending homes sales index falls, though purchasing activity and buyer demand remain up

The National Association of Realtors Pending Home Sales Index revealed a 2.2 percent decline from August to September. The index is an indicator for existing home sales and displays a seasonally adjusted measure of the number of homes that went… more

Former Cushing Hospital in Leavenworth donated to county by health system

The building that housed Saint Luke’s Cushing Hospital is no longer receiving patients, though its recent donation by Saint Luke’s Health System will help keep it running. On Wednesday, October 28, the Leavenworth County Board of County Commissioners formally accepted… more

Completed Turner Diagonal Interchange improves access, opens path for development opportunities

Governor Laura Kelly joined national, state, and local officials to celebrate the completion of the Turner Diagonal Interchange project in Wyandotte County today. “I’m honored to celebrate the completion of the Turner Diagonal interchange, a project that represents both immediate… more

Bellmont Promenade project in Shawnee receives approved funding from city council

A funding agreement plan for the Bellmont Promenade project in Shawnee, Kan. barely passed approval during a Shawnee City Council meeting earlier this week. Three of eight city council members present at the Oct. 26 meeting approved a funding agreement… more

September home sales fall from August, up from last year

Homes sales in September 2020 experienced a slight lull, dropping 3.5 percent from the month prior, in August 2020. Despite the subtle dip, homes sales remained modestly elevated, displaying a strong 32.1 percent rise in sales from one year ago,… more

Case-Shiller reveals fastest price rise in two years

The remarkable surge in home prices continued into August as prices showed no signs of cooling down heading into the fall. By some measures, home prices are rising at a faster pace than they ever have – an incredible feat… more

Milestone met as construction is soon to begin at former Bannister federal complex

The first buildings have yet to go up, but redevelopment of the former Bannister federal complex in south Kansas City reached a milestone of sorts today. Gov. Mike Parson was on hand—and officials from Washington delivering remarks remotely—as developers declared… more

Missouri governor to stop in KC today for announcement on former Bannister federal complex

Gov. Mike Parson is scheduled to appear in Kansas City this afternoon for what’s being billed as a major announcement related to the redevelopment of the former Bannister federal complex in south Kansas City. Details of his agenda weren’t released,… more

Single-family home prices rise to record high

Homes sales continued to climb in September, no shortage of buyer yet despite COVID-19 and an unrelenting inventory shortage. Building on an already strong pace set in July and August, sales figures in September rose at their fastest annual rate… more

Project Fairway in south KC pulled from city docket

High hopes for south Kansas City’s Project Fairway have faltered, plans for its construction recently canceled by the City Plan Commission just as plans were drawing near to final approval. Proposed plans for the massive 700,000-square-foot fulfillment center had been… more