RATE OF KANSAS CITY ABANDONED HOMES RANKS AMONG NATION'S HIGHEST!!!
Check this important information regarding Kansas City economic reality that hasn't earned much mention amid mostly promo local mainstream media.
To wit . . .
THE HOUSING CRISIS PERSISTS IN KANSAS CITY!!! THE LOCAL RATE OF ABANDONED HOMES IN THE METRO RANKS AMONG THE HIGHEST IN THE NATION!!!
Evidence and a reality check regarding the happy talk of politicos amid so many eco-devo promises...
Cities with the most abandoned homes
Kansas City Metro is #4 on this list . . .
Pct. foreclosures vacated: 36%
Total vacated homes: 305 (47th lowest)
Average home price: $150,717 (42nd highest)
"While housing prices in the country rose over the last two years, housing prices in the Kansas City metro area declined 9%. Additionally, the foreclosure rate in the first quarter of 2014 declined by more than 50% from the same period in 2012. Despite the drop in owner vacated homes and the falling foreclosure rate, home prices in the Kansas City metro area fell 9% since 2012, one of the higher declines in the country. Declining home prices may explain why more than one in 10 foreclosed homes in January 2014 failed to sell at auction and were repossessed by the bank, one of the higher rates on this list. This may be a sign that the housing market has not fully recovered."
Post-Dispatch: K.C. among cities with most 'abandoned' homes
Clearly, this is a complex economic problem that has it roots in an unsustainable economic system and very little neighborhood impact of so much Downtown eco-devo schemes.
Developing . . .