The following is an excerpt from a Nov. 30 article from Forbes.com. Stan Longhofer, director of Wichita State University's Center for Real Estate, contributed to the article.
Best bang-for-the-buck cities
Dec 1, 2009 11:35 AM | Print
Share

Solid housing markets, relatively stable employment, enviable cost of living and quick commutes make these metros among the country's most affordable to live.

Omaha, our No. 1 bang-for-the-buck city (also rated the city best surviving the recession), joins a number of Great Plains metros near the top of our list. These include Wichita, Kan. (No. 6) and Tulsa, Okla. (No. 19). This swath of prairie in the center of the country was somewhat buffered from the disastrous effect on coastal markets of the housing crisis, enabling it to emerge solidly from the recession. Housing sales here kept a steady, if slow, pace during the boom.

"Quite frankly, we saw both buyers and sellers staying away," says Dr. Stanley Longhofer, chair of the Center for Real Estate at Wichita State University, of the Plains States during a period when developers rushed to satisfy a ravenous appetite for new homes in much of the United States. "We didn't have any of the overbuilding of some parts of the country. As the general economy recovers, we're well-positioned to pick up where we left off."

Read full story.

Created on Dec 1, 2009 11:35 AM; Last modified on Dec 1, 2009 11:38 AM
#
HEADLINES RSS Feed
Report shows Wichita State grads doing well
WSU students help the homeless
WSU students work on campus construction projects
WSU School of Nursing offers RN-BSN program
Historic bookcase returns to Wichita State
WSU professors seek input on study
Elliott School honors outstanding alums
WSU's Sigma Xi wins Chapter Award
Linwood Sexton Scholarship award winner
Wichita State physical education educator honored
New partner for WSU's tech cluster
KSBDC and PTAC offer free seminar
Russell named director for new center
WSU Nerd Union hosts LARP event
More K-12 schools teach engineering
Psychology professor, Children's Champion
Kansas Senate, House OK $2M for innovation campus
Virgin America still No. 1 airline
'Forty Years/Forty Stories' at WSU museum
February/March 2014 Academe at Wichita State
WSU students: 100 hours of design
See a virtual walk-through of Shocker Hall
Wichita high schoolers win WSU Jabara Scholarships
© 1995-2014 Wichita State University. All rights reserved.
Valid HTML 401