Real Estate and Development

Housing market shows new pending sales grew more than 10 percent from previous week

Continuing its upward trend, the housing market remained at a quick pace last week, according to Zillow’s Weekly Market Report. Newly pending sales grew more than 10% from the previous week and those homes typically sold after just more than… more

Online rural real estate searches surge

Web searches for rural real estate properties has increased significantly since the start of 2020 as more and more people look to leave urban life in exchange for a change of pace and remote living. Visitors to websites that focus… more

Housing starts, building permits and housing completions up in June

New home sales have risen a significant amount amid the coronavirus shutdown, shining through as an encouraging sign in a recovering economy. June housing starts rose 17.3% from May, to 1,186,000 (SAAR), and were down 4 percent from a year ago,… more

Kansas City listed among most attractive cities for new development projects

Companies looking to move and expand in the future were surveyed by the Site Selectors Guild in partnership with Development Counsellors International. Conducted on June 29, the survey found that many companies are taking preference in mid-size urban regions and… more

Consumers in June show mixed feelings about the labor market, positive numbers in new home sales

Consumer confidence reports from last month in June were a mixed bag, a June survey showing consumers gave themselves a 47.6% chance of finding a job in the next three months, on average, down from May. Respondents said they believe… more

Transformation in Troost business district set to finish Spring 2021

As work continues along Troost Avenue, three historic buildings being renovated - Michelson, Shankman and Tycor - will be restored as office and retail space and a proposed museum of regional Native American culture, according to CityScene KC. Called the… more

Missouri-based StorageMart adds new facility to Kansas City area

The completion of its newest facility in Olathe has allowed StorageMart to add 784 climate-controlled storage units in the area. This follows the acquisition of Go Storage on 8th Street in Downtown Kansas City in April, where the company added 310 units of storage… more

GO Topeka announces plans to develop large-scale animal health innovation campus

An economic development group called GO Topeka has announced plans to develop a large-scale animal health innovation campus in Kansas’ capital city. Two national real estate developers, Clark Enersen Partners and BioRealty, Inc., have been chosen to identify and evaluate… more

Dim sentiment, brighter outlook

The Current RMI fell into the basement to a value of 9.2, the lowest level since RCLCO began recording the index at the end of the Great Recession, according to a Wednesday report from RCLCO Real Estate. The previous low… more

A Sad Day in KC: A Hollow Gesture from KC Park Board

It’s been an interesting era in Kansas City and it’s felt more like the 1960s than nearly 60 years after. I like the message I read Wednesday from the Miller Nichols Charitable Foundation, but—respectfully—wouldn’t agree with its characterization of Miller… more