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Ottawa Herald in Ottawa, Kansas

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Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Aug 10, 2013

Page

8

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.

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.

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.

Ellis Ottawa Kansas Kansas City Olathe

Also Mentioned on This Page

Chamber Century 21 Lantis and Associates Gardner Edgerton Wellsville Gardner, Edgerton Com Ent Otawa West 15Th Street OttawaRetirementVillage.com Sxmep Noursinc Facebook Ford eRee Ae Ford Credit King Ranch
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