Challenging Housing Market

1 decade 1 year 10 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
MADISON, Wis. (AP) — Wisconsin-based convenience store chain Kwik Trip has removed some vegetable trays from its stores after several... More >>
1 hour ago Wednesday, May 22 2019 May 22, 2019 Wednesday, May 22, 2019 9:36:00 AM CDT May 22, 2019 in News
DAYTONA BEACH, Fla. (AP) - NASCAR is buying International Speedway in a deal worth about $2 billion. International Speedway... More >>
1 hour ago Wednesday, May 22 2019 May 22, 2019 Wednesday, May 22, 2019 9:27:00 AM CDT May 22, 2019 in News
JEFFERSON CITY, Mo. (AP) — A judge has reversed the Missouri Department of Public Safety's revocation of the peace officer... More >>
1 hour ago Wednesday, May 22 2019 May 22, 2019 Wednesday, May 22, 2019 8:51:00 AM CDT May 22, 2019 in News
ST. LOUIS (AP) - A severe storm in the St. Louis area is forcing Lambert Airport to temporarily halt all... More >>
15 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 6:51:00 PM CDT May 21, 2019 in News
FULTON - After three years and $140 million in construction, the Fulton State Hospital is ready to start celebrating. ... More >>
16 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 6:33:00 PM CDT May 21, 2019 in News
COLUMBIA - People looking for work will have a chance to mingle with about a dozen employers at a hiring... More >>
17 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 5:39:00 PM CDT May 21, 2019 in News
JEFFERSON CITY- The Missouri River could crest over flood stage because of ongoing storms, according to Jefferson City's Department of... More >>
17 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 5:00:00 PM CDT May 21, 2019 in Weather
JEFFERSON CITY -- Several abortion rights groups gathered throughout the state, Tuesday to protest Missouri's newly-passed anti-abortion bill. The... More >>
20 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 2:49:00 PM CDT May 21, 2019 in News
JEFFERSON CITY- Gov. Mike Parson declared a state of emergency Tuesday due to the heightened flood risks through a large... More >>
20 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 2:49:00 PM CDT May 21, 2019 in Weather
CAPE GIRARDEAU (AP) — Sand volleyball courts at a park in Cape Girardeau are closed after knives were found buried... More >>
20 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 2:14:00 PM CDT May 21, 2019 in News
COLUMBIA - Boone County Emergency Management Director Tom Hurley said the department's staff is "all hands on deck" for Tuesday's... More >>
20 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 2:02:00 PM CDT May 21, 2019 in News
COLUMBIA - Two MU students getting their masters in atmospheric science launched weather balloons Tuesday at the South Farm Research... More >>
21 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 1:46:00 PM CDT May 21, 2019 in News
JEFFERSON CITY, Mo. (AP) — Missouri U.S. Sen. Josh Hawley is introducing legislation to give internet users the ability to... More >>
22 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 12:22:00 PM CDT May 21, 2019 in News
JEFFERSON CITY - The annual Salute to Veterans air show has been cancelled for 2019, organizers announced Tuesday, due to... More >>
23 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 11:48:00 AM CDT May 21, 2019 in News
CHICAGO (AP) — Cholesterol levels in children and teens improved in the latest analysis of U.S. health surveys, yet only... More >>
23 hours ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 11:41:20 AM CDT May 21, 2019 in News
LEE'S SUMMIT, Mo. (AP) — A suburban Kansas City school board president has apologized for equating treatment of blondes to... More >>
1 day ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 10:22:51 AM CDT May 21, 2019 in News
COLUMBIA - The University of Missouri Urgent Care will double its operating space by opening a new building on June... More >>
1 day ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 9:44:00 AM CDT May 21, 2019 in News
(CNN) -- Severe thunderstorms are raking and flooding parts of the central US on Tuesday, including in Oklahoma, where a... More >>
1 day ago Tuesday, May 21 2019 May 21, 2019 Tuesday, May 21, 2019 9:00:00 AM CDT May 21, 2019 in News
Columbia, MO
Broken Clouds 68°
11am 74°
12pm 77°
1pm 79°
2pm 81°