Here I have actual proof of the Great Kansas City Housing Bubble Burst of 2007. From today’s Kansas City Star they report that sales are down on data reported for April – June compared with last year…
Check out these numbers if you want further proof!!!!
- Florida – down 41.3%
- Nevada – down 37.5%
- Arizona – down 23.4%
- Maryland – down 21.1%
- California – down 19.8%
- Kansas City area – down 0.7%
I don’t know about you but I was staggered by our numbers. I’ve been wrong. We are in a huge crisis here in the Kansas City area. Sell. Sell NOW! Slash prices by 15%-20%. But just get out! Live on the streets if you have to. But don’t take that chance.
What? We still have very modest appreciation? Darn. I was hoping for more headlines!