From the category archives:

Regional News

Wichita Housing Market is Looking Good

by Lynette March 6, 2010

Wichita State University’s Center for Real Estate released their 2010 Kansas Housing Market Forecast yesterday. Here are the highlights:

employment will continue to go down through the first quarter of 2010, then will recover slowly
the Mortgage Bankers Association predicts that interest rates will continue to be low through 2011
by then end of 2011, mortgage interest rates [...]

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Understanding the buyer

by Lynette Chapman November 10, 2009

As the seller, you can control three factors that will affect the sale of your home:
* The home’s condition
* Asking price
* Marketing strategy
However, it’s important to note that there are numerous other factors that influence a buyer, and you need to understand these consumer trends when you enter the market. The more your home matches [...]

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Why You Need A Realtor® When Buying a Home

by Lynette Chapman October 20, 2009

A licensed real estate professional provides much more than the service of helping you find your ideal home.
Realtors® are expert negotiators with other agents, seasoned financial advisers with customers, and superb navigators around the local neighborhood.
They are members of the National Association of Realtors® (NAR) and must abide by a Code of Ethics and Standards [...]

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Know your rights when applying for a mortgage

by Lynette Chapman August 13, 2009

Equal Credit Opportunity Act (ECOA) – How it Can Help You
Those who apply for mortgage loans are not totally in the mercy of the creditors. One of the laws that protect borrowers is the Equal Credit Opportunity Act (ECOA). If you are planning on purchasing a home in Wichita anytime soon, you might want to [...]

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Wichita is One of Metropolitan Areas with Low Risks for Foreclosure

by Lynette Chapman July 14, 2009

There are news on foreclosures practically everywhere. As of today, millions of homeowners have lost their homes due to foreclosures and it seems that there is no end in sight to these depressing circumstances.
The three states that have been hit hard by these mortgage troubles are California, Arizona, and Florida. The areas in these cities [...]

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Wichita’s foreclosure rate on the rise, data says

by Lynette Chapman September 22, 2008

Wichita foreclosure rates in July increased slightly in over the previous year, according to First American CoreLogic, a collector of local residential real estate data.
The foreclosure rate in Wichita among outstanding mortgages was 0.74 percent during July, up from 0.69 percent from a year earlier. That was lower than the national foreclosure rate of 1.6 [...]

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