Wichita real estate update: June, 2007

Wichita real estate market update:

Some statistics of note for Wichita, KS and the local real estate market.

CNN reported the 1st of June that the Wichita, KS real estate market was the 8th most under-valued market in the U.S. According to National City Corp we were 16.3% under valued.

Wichita ranked the 9th "Best Big City" to live in the U.S. Reorted by Money, 2007

During 2006 and the 1st 4 months of 2007, All RE/MAX real estate organizations in the Wichita area were #1 in Listing sold. RE/MAX has less than 1/2 of the agents of the #2 and #3 organizations.

CNN reported in June that from April of 2007 to April of 2008, Wichita is projected to have a 3.1% increase in real estate values. This ranks them #16 of the top 100 U.S. Real estate markets.

NAR reported that Wichita showed a 4.3% increase in real estate values in the 1st quarter of 2007.

Also during the 1st quarter of 2007, Wichita ranked #56 of 219 U.S. real estate markets in affordability of housing and homes were priced at 108% of the median U.S. Value.

Call "SHORTY" for a detailed analysis of your home: 316-554-2831

http://.wichita-kansas.blogspot.com/ is a blog that I have started. Take a look when you have time.

http://www.talkrealty.com/wayneshort is a link to a real estate Podcast I do. Click here to listen to this month's information or previous months.

When you are thinking of buying or selling real estate, think of RE/MAX, RE/MAX Realty Professionals and "SHORTY"

For Referrals to the "Air Capital", Call "Shorty"
"Shorty"	Wayne "Shorty" Short ABR,CRP,CRS,E-Pro,MBA "Hall of Fame" in Wichita, KS shorty@realtor-shorty.com 10100 W. Maple Wichita, KS 67209 1-800-779-SOLD Direct Dial: 316-554-2831 http://www.realtor-shorty.com/ Co-Author, "How To Make Your Realtor Get You The Best Deal"