Challenging Housing Market

1 decade 2 years 4 months ago Monday, June 25 2007 Jun 25, 2007 Monday, June 25, 2007 10:40:35 PM CDT June 25, 2007 in News

While sales in Boone County aren't down, home owners are having a difficult time trying to sell their homes. The latest report casting doom on the national housing market, but the region isn't that bad off.

For more than a year, Jan Runde has been trying to sell her home in southwest Columbia. It has been on the market twice with two different realtors, and now Runde and her husband are trying to sell it themselves.

"It is definitely a buyer's market," Runde said.

Runde's experience is in line with a new report from the National Association of Realtors, which found nationwide sales of existing homes fell 0.3% in May, the slowest sales pace in four years. The report also found the median price of homes dropped for the tenth consecutive month to just under 224,000. That's down 2.1% from a year ago. Throughout Columbia, you'll find plenty of homes, such as this one, that are for sale. And some have even been on the market for more than a year. Regionally, though, the Columbia Board of Realtors says the local housing market remains strong.

"The last information I have is through first quarter 2007, and our appreciation was approximately two percent at that time. So that's not as great as it has been in past years two or three years ago, but it is still good considering the market conditions that we hear about nationwide," Brent Jones, Columbia Board of Realtors President said.

Runde just hopes getting creative and selling her home on her own will finally get the sale she needs. Here's a little bit of good news: the Columbia Board of Realtor statistics show rising home prices for the last six years.

More News

Grid
List
COLUMBIA - City manager John Glascock named De'Carlon Seewood as Columbia's new deputy city manager Tuesday. Seewood will... More >>
53 minutes ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 5:45:00 PM CST November 12, 2019 in News
COLUMBIA - One passenger was injured when a Columbia city bus slid on a patch of ice Tuesday morning. ... More >>
2 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 4:37:00 PM CST November 12, 2019 in News
COLUMBIA - Winter started with an early preview in October , but it went full throttle at the start of... More >>
2 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 4:20:00 PM CST November 12, 2019 in Climate
COLUMBIA -- A combination of low temperatures and steady snowfall left roads slick and icy this morning around Columbia. ... More >>
3 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 3:13:00 PM CST November 12, 2019 in News
COLUMBIA ­– KOMU 8, Mid-Missouri’s CW and Mediacom agree to a new, multiyear agreement well before expiration of their current... More >>
3 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 3:10:00 PM CST November 12, 2019 in News
COLUMBIA — People around Missouri were able to see a fireball in the sky around 9 on Monday night. ... More >>
4 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 1:53:00 PM CST November 12, 2019 in News
JEFFERSON CITY - The Jefferson City Police Department is now streamlining information sharing for emergency situations through "Smart 911." ... More >>
5 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 1:19:00 PM CST November 12, 2019 in News
ST. LOUIS (AP) — The St. Louis Cardinals and Adam Wainwright have agreed to a contract for the 2020 season,... More >>
6 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 12:29:24 PM CST November 12, 2019 in Sports
COLUMBIA - Judge Tracy Gonzalez issued an order Tuesday denying bond reduction for a man suspected in the disappearance of... More >>
8 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 10:36:08 AM CST November 12, 2019 in News
ATLANTA (AP) — Former U.S. President Jimmy Carter was admitted to a hospital on Monday evening for a surgery... More >>
13 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 5:30:00 AM CST November 12, 2019 in News
ENGLEWOOD, Colo. (AP) — Drew Lock will get the chance to salvage his rookie season in Denver and show Broncos... More >>
13 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 5:07:57 AM CST November 12, 2019 in Sports
COLUMBIA - Veterans from three major wars flew to Washington D.C. early Tuesday morning for the final Central Missouri Honor... More >>
14 hours ago Tuesday, November 12 2019 Nov 12, 2019 Tuesday, November 12, 2019 3:53:00 AM CST November 12, 2019 in News
JEFFERSON CITY — An out-of-control kitchen fire in Jefferson City damaged an apartment Monday evening. The Jefferson City Fire... More >>
19 hours ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 10:48:00 PM CST November 11, 2019 in News
PARIS, Mo. — A veteran of three wars is one of 108 mid- Missouri veterans who are visiting their memorials... More >>
20 hours ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 10:13:00 PM CST November 11, 2019 in News
COLUMBIA - The Columbia Public Schools’ Board of Education unanimously approved its 2020-2021 calendar Monday night, aligning with a house... More >>
22 hours ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 8:13:00 PM CST November 11, 2019 in News
CALIFORNIA - Winter weather has hit Missouri and the cold weather is not leaving the state soon. People are continuing... More >>
1 day ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 6:35:00 PM CST November 11, 2019 in News
COLUMBIA - Finding reason for optimism in a shut out is not easy. But true freshman quarterback Connor Bazelak provided... More >>
1 day ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 6:00:00 PM CST November 11, 2019 in News
COLUMBIA - The Truman VA Hospital initiated a Warm Haven program to help shelter veterans overnight as community shelters are... More >>
1 day ago Monday, November 11 2019 Nov 11, 2019 Monday, November 11, 2019 5:58:00 PM CST November 11, 2019 in News
Columbia, MO
Broken Clouds 18°
7pm 17°
8pm 17°
9pm 16°
10pm 17°