Real Estate and Development


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

Single family homeowners receive forbearance extension

On Tuesday, the Federal Housing Administration (FHA) announced it is extending the date for single family homeowners with FHA-insured mortgages to request an initial forbearance from their mortgage servicer to forbear their mortgage payments for up to six months. Homeowners… more

September housing starts up after August dip

After a slight retreat in August, the modest improvement in construction activity in September is welcome news, a good but not great report that reflects both soaring builder confidence and also likely some stubborn obstacles preventing the industry from truly finding… more

20 in Their Twenties … for 2020

By some demographers’ reckoning, the cohort of Americans between 20 and 29 years old is now almost evenly divided between Millennials and Generation Z. As the latter group continues to lay the cornerstones for careers, the late-stage Millennials are kicking… more

Approval passes 10-0 for Shawnee mixed-use project

Shawnee has given the ultimate OK for a mixed-use growth deliberate for the town’s downtown space. The Shawnee Planning Fee on Monday voted 10-Zero to approve a website plan for Blume Shawnee, a brand new residential, retail and workplace undertaking… more