Housing figures show growth says Chamber leader
The Ottawa housing market shows an upward trend with a shift from a buyer’s to a seller’s market. Tammy Ellis notes fewer good properties and rising prices as inventory tightens. From Jan 2013 to July 31 2013 Ottawa sold 126 homes versus 88 in 2012, with average price $82 600 and 125 days on market. Ottawa’s rural setting keeps prices modest.
MENTIONED IN THIS ARTICLE
Rick Leach
Reece & Nichols Town & Country Realty
E. Logan St
Ottawa
Leach
Tammy Ellis
Century 21 Lands and Associates
S. Princeton St
Franklin County
Ellis
She
Ottawa growth and intermodal hub spur housing cycle expansion
Ottawa sees a steady 3 percent population rise with John Coen of the Ottawa Area Chamber of Commerce explaining growth feeds housing, retail, and jobs. He notes the Logistics Park Kansas City intermodal hub nearby boosts prospects for a housing boom as residents shift to surrounding communities, while current housing upticks reflect ongoing economic expansion and life-stage built home progression.
MENTIONED IN THIS ARTICLE
Ottawa
John Coen
Ottawa Area Chamber of Commerce
Coen
Kansas City
Johnson County
Ottawa Rural Housing Program at Risk in Kansas City Metro Shift
Ellis warns the Rural Development Housing Program could be cut end of September as state officials deem Ottawa no longer rural but part of the Kansas City metro area. She calls the program vital for small rural communities, providing 100 percent financing for qualifying loans to buyers unable to cover down payments or closing costs.
MENTIONED IN THIS ARTICLE
Ellis
Ottawa
Kansas
Kansas City
Olathe
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