For those of you not from the local area, the Kansas City Star has an article in today’s paper that has a really helpful flash graphic to help show the local economy’s housing condition. It’s a good read and a cool graphic.
Personal note: None of this should be a surprise to anyone watching the market. Again, long term Buy & Hold is a great way to invest in real estate. But be very wary on Buy & Sells (flipping) unless you are sure of the buy or you have deep pockets.
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February 17, 2008 at 12:32 pm
[...] (Depreciation) Map for Kansas City Real Estate Jump to Comments Last year I linked to the the Kansas City’s Star’s report on housing appreciation in the Kansas City metro area. By in large there was modest appreciation and some [...]