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.