WRITER: Chad Lawhorn

WSU real estate economist predicts Lawrence home sales and building activity will be stagnant in 2024

If you are buying a home right now, finding one is only half the battle. Surviving the sticker shock that comes with 30-year mortgage rates at or near 7% is quite a chore itself. Next year is when that sticker shock will begin to fade, one of Kansas’ leading real estate economists is now predicting. But no, that doesn’t mean you should expect a dramatic decline in interest rates. Rather, it simply means ...

Conservative national political action committee supporting candidates in Baldwin City school board races; some residents wonder why

The banner welcoming visitors to the Maple Leaf Festival — always the third full weekend in October — is already hung in downtown Baldwin City. The aforementioned maple leaves in this town of about 4,800 people just south of Lawrence are doing their part too. They are beginning to change, right on cue, as thousands of visitors will pile into the small town for crafts and fall color. For the locals, ...

Led by a cool-down in online shopping, Lawrence sales tax collections on pace to be about $3M below budget

The wild and wooly, predator-filled Amazon — the online retailer, of course, not the jungle — may not devour the Lawrence economy after all. That’s probably good news for a host of local retailers and others in the Lawrence community. But it may create some pain at Lawrence City Hall. The latest sales tax numbers show the city of Lawrence is on pace to have a more than $3 million budget shortfall in ...

Taco John's temporarily closes Sixth Street store for major remodel; a look at other fast-food projects underway

People thought their crispy taco was cracking right before their eyes. They feared that Tuesday was just going to be another dang day that ends in ‘y.’ But fear not, the Taco John’s on Sixth Street is not permanently closing. But, it is temporarily closed for a major remodeling. And it shut its doors on Tuesday, of all days, which is better known as Taco Tuesday in any town that has a Taco John’s. ...

Developer seeking early approvals to build large apartment complex along East 15th Street; Panasonic announces leaders for De Soto plant

Lawrence City Hall has received a development filing that would open the door for 500 units of new apartments — totaling more than 1,000 bedrooms — to be built on the far eastern edge of Lawrence. If approved, it may be one of the first tangible signs of the impact Panasonic’s pending 4,000-job, $4 billion electric vehicle battery plant in De Soto will have on Lawrence’s east side. The project would ...

Home sales plunge as summer ends in Lawrence; city on track to post its third straight year of declining sales

It has been a brutal end of the summer for Lawrence’s real estate industry, with sales in July and August falling by 35% from a year ago, according to the most recent statistics. Home sales in Lawrence were down 45% in July and then were down 23% in August, according to numbers compiled by the Lawrence Board of Realtors. You can blame the heat, if you want, and you might be figuratively correct. Potential ...