Wichita State University's Stan Longhofer says the local housing market slowly is healing and will see home sales increase this year by 5.1 percent.
Longhofer, director of WSU’s Center for Real Estate, released his 2010 housing forecast on Friday. He says the market appeared to bottom out in early 2009. Seasonally adjusted sales steadily have been improving since then, even though year-over-year monthly sales have shown steady declines.
2010 Kansas Housing Market Forcast, by WSU Center for Real Estate
Source: Wichita Business Journal, by Chris Moon, Friday, March 5, 2010 and WSU Center for Real Estate
