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Real estate news

Bank buys Bella Sera condo complex at forclosure auction
August 19, 2011
A multi-million dollar west Lawrence condominium development now is in the hands of an area bank that said it will begin searching for a new owner for the complex.
Bella Sera residents hope to expand community after sale
August 18, 2011
The granite is polished, the pool is filled, the outdoor kitchen is stocked, and the lobby still “looks like a four-star hotel.” Now, all that is missing are people to live here.
Boost in 2010 from stimulus now ‘killing’ housing market
Home sales down 25 percent compared with last year
July 31, 2011
Call it a stimulus hangover. In 2010, Lawrence’s real estate market started to show signs of life as tax credits for first-time homebuyers — part of the federal stimulus package — did boost sales. But now as numbers for the first half of 2011 are released, it is clear that Lawrence’s real estate market is no longer stimulated.
Bank starts foreclosure proceedings against Douglas County Sheriff Ken McGovern’s home
July 28, 2011
An attorney for U.S. Bank last Friday filed a civil suit seeking a mortgage foreclosure on the west Lawrence home of Douglas County Sheriff Ken McGovern, according to Douglas County District Court records.
Americans’ equity in homes near record low
June 10, 2011
Falling real estate prices are eating away at home equity. The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down from 61 percent a decade ago.
First Bell: Business Hall of Famers recall their best teachers; student from Lecompton advances in science contest; student from Lawrence winning with Topeka High School
May 6, 2011
Time for another edition of First Bell, a look at news and other educational items involving schools in the area.
Lawrence homes’ tax values often more than selling prices
May 1, 2011
The Journal-World obtained a copy of a Lawrence Board of Realtors database that lists the address, closing date and sales price of every home sold in Lawrence by a Realtor in 2010. An analysis found that homes often had tax values higher than what the homes sold for, even though they sold just a few days prior to when the county appraiser set its value.
Lawrence Home Builders Association shows this year’s home models
April 30, 2011
Saturday marked the beginning of the Lawrence Home Builders Association’s Spring Parade of Homes, as the public got a peek inside several newly constructed homes Saturday.
Kansas home sales stabilize in December
January 23, 2011
The Kansas Association of Realtors says home sales in the state stabilized last month compared to the same time a year ago.
Lawrence home sales fall in 2010 despite increase in number built
January 16, 2011
It was an odd year for Lawrence’s real estate and building industries, a new set of statistics show.
Local real estate company to become Colliers International
December 3, 2010
A major player in Lawrence’s commercial real estate industry soon will be getting a new name and a host of new signs across the city.
The price of Kansas farmland rising, but caution about possible farm bubble seen
November 16, 2010
The price of farmland is way up these days, high enough to draw the attention of federal banking regulators on the lookout for real estate bubbles. Are prices building toward a 1980s-style John Mellencamp “Rain on the Scarecrow” farm crisis?
Tips for selling homes in Lawrence
November 8, 2010
Lawrence residents Bob and Linda Kerr put their house on the market at the end of April, and it only took 37 days for a buyer to swoop in and pluck it up.
Alvamar golf courses, country club for sale; asking price is $6.5 million
Company says it’s encouraged by interest shown so far
October 26, 2010
The owners of Alvamar Inc. are working to sell their two golf courses, country club operation and other recreational aspects of the company that helped drive much of Lawrence’s western growth since the late 1960s.
Town Talk: ‘Vote no on library’ signs appear; downtown mural questioned; home sales down for September
October 25, 2010
News and notes from around Lawrence and Douglas County.