Real Estate and Development
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…
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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…
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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…
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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…
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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…
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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…
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A drop in housing inventory has swept the nation, impacting some regions more than others. In Kansas City, the significant and mostly unpredictable drop in inventory has bumped prices up in the area, total inventory in the metro dropping the…
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The developers who renovated the former Westport Middle School into co-working space now are tackling the historic high school across the street, proposing a $45 million apartment redevelopment. The vacant Westport High School building, which opened in 1908 at 315…
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Industrial development in the Kansas City region has gained attention recently as numerous approved developments are already underway. Particularly around the Interstate 49 corridor, five industrial developments in the metro have taken root Kansas City SmartPort tracks buildings, intermodal centers…
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Q: A lot of people are buying homes today because of low interest rates. Given the upward pressure that puts on prices, is the value proposition of ownership still as strong for them? A: I think the value proposition is…
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