Industry News

Merry in the middle: Non-coastal housing markets expect growth

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

OLATHE, Kan. – The real estate market will continue to steadily improve in 2006, at least in non-coastal areas, predicted attendees at a major national real estate technology company's briefing event Tuesday. "In Kansas we don't have quite the huge swings the coasts have," said Mike Payne of the Salina Board of Realtors in Salina, Kan. "Our market has been steadily increasing over the last 10 to 15 years." Payne was attending a one-day technology event held by Fidelity National Real Estate Solutions at the division's Olathe office on Tuesday. About 80 clients, industry figures and media attended the invitation-only event, where the division discussed its business strategy and shared a sneak preview of new technology releases. Payne, who is multiple listing service president of the approximately 150-member Realtor board, said, "Depending on interest rates and how badly Hurricane Katrina affects the economy, the real estate market in our area looks promising for 2006."...