Wichita Eagle:  Housing crisis affecting some sectors of local market - "The Center for Real Estate at Wichita State University called together dozens of real estate agents, brokers, lenders and developers to hear the story behind the numbers."

The Detroit News:
Don't Worry; Most Home Prices Won't Collapse
REPRINT OF THE 8/4 ARTICLE IN THE WASHINGTON POST
Co-authored by Dr. Longhofer director of the WSU Center for Real Estate
"Turmoil in the housing market has led to fears that home prices will drop precipitously, particularly if foreclosures force large numbers of homes onto the market in the coming year. Recently, these fears have driven financial stocks down and led to the government rescue of Fannie Mae and Freddie Mac. But the projected losses have been wildly exaggerated..."

Wichita Business Journal:  A Guiding Light for Navigating the Real Estate Market - Article on the Center for Real Estate and the resources available at its Website.

Philadelphia Inquirer:
Don't Worry; Most Home Prices Won't Collapse
REPRINT OF THE 8/4 ARTICLE IN THE WASHINGTON POST
Co-authored by Dr. Longhofer director of the WSU Center for Real Estate
"Turmoil in the housing market has led to fears that home prices will drop precipitously, particularly if foreclosures force large numbers of homes onto the market in the coming year. Recently, these fears have driven financial stocks down and led to the government rescue of Fannie Mae and Freddie Mac. But the projected losses have been wildly exaggerated..."

Wichita Eagle:  Eberly Park land hits the market - "Longhofer called the 21st Street corridor west toward the hospital a "reasonable place" for long-term commercial growth.  'Take Rock Road both north and south from Towne East,' he said. ' We've seen the same kind of development east along 21st from the Rock Road core.  It's not uncommon.' "

Washington Post:
Housing Collapse Ahead?  Not According to the Data
Co-authored by Dr. Longhofer director of the WSU Center for Real Estate
"Turmoil in the housing market has led to fears that home prices will drop precipitously, particularly if foreclosures force large numbers of homes onto the market in the coming year. Recently, these fears have driven financial stocks down and led to the government rescue of Fannie Mae and Freddie Mac. But the projected losses have been wildly exaggerated. Most Americans have not experienced any significant decline in the value of their homes -- nor are they likely to..."

Wichita Eagle:  Analyst works to help buyers, sellers connect -  "Jason Van Sickle's job title at Wichita State University's Center for Real Estate is research analyst.  But as the center's first full-time employee besides director Stan Longhofer, Van Sickle's job is to help the center connect with Wichita area residential and commercial real estate buyers and sellers..."

Wichita Eagle:  Wichita Median Price Up, Days on Market Down - Home sales drop in may:  "'Although sales are down, the unique trend we continue to see here is tight inventories. We're not dealing with a glut of unsold homes,' said Stan Longhofer, director of the Center for Real Estate at Wichita State University, which tracks sales statistics.  'Nice homes well priced will sell pretty quickly.'"

Wichita Eagle:  Fannie, Freddie shares plummet:  "Stan Longhofer, director of the Center for Real Estate at Wichita State University, doubts the federal government would let them fail.  'That seems highly unlikely,' Longhofer said, because 'it would cause a shutdown on the secondary mortgage market.'  Longhofer said many banks rely on Freddie and Fannie to sell their mortgages to the secondary market, which frees up banks' capital for more mortgages."

Wichita Eagle:  Local housing sales soften:  "It appears that buyers and sellers are staying out of the market," said Stan Longhofer, director of Wichita State University's Center for Real Estate...

Wichita Eagle:  High-end retail thrives - Secondary retail centers struggle to get tenants:  "A lot of building went on in secondary locations," said Stan Longhofer, director of Wichita State's Center for Real Estate.  "Locations that aren't bad, necessarily, but they're not the prime, premier locations. There are only so many 21st and Rocks, 21st and Maizes in town."

Wichita Eagle:  Deal to create area's largest lender:  "Longhofer thinks that the combined firms will lose some -- but probably not much -- market share eventually.  That could come from consolidation of operations and Countrywide lenders who might not feel like they fit in Bank of America's culture.  'There will be a lot of choices made, and they won't be made hastily,' Longhofer said...Though the deal will create the largest mortgage lender in the area, it will not affect the competitiveness of the market, Longhofer said."

Wichita Eagle:  By luck or design, donation of land for K-96 sparked development: Stan Longhofer, who directs Wichita State University's Center for Real Estate, said the east side would have developed slowly without the highway.  "One of the things people often debate is whether highways cause development or development causes highways," he said.  "The real significant element of this donation is it did help speed up and define the development on the northeast side, absolutely."

Wichita Eagle:  Developer offering high-end lots:  "You have to look and see the other developments you're competing with and get a sense of the absorption rates...There's a lot of manual checking of foot traffic and watching...And then at the end of the day you need to get a sense that...there's a gap in the market..."
- Stan Longhofer, WSU Center for Real Estate

Wichita Eagle:  First-quarter home sales drop:  "What you've seen nationally is an incredible drop-off in demand," said Stan Longhofer, director of Wichita State University's Center for Real Estate. "Locally, what you've seen is a slowdown in both demand and supply.... We've been seeing it coming slowly. It's been consistent for five months, our numbers being down."

KAKE News:  Wichita Area Home Sales Declining:  Television interview featuring Dr. Longhofer, Director of the Wichita State University Center for Real Estate.

Wichita Eagle:  Area home market still insulated:  "Stan Longhofer, director of Wichita State University's Center for Real Estate, said he believes sales remained down in March.  'But I'm an economist,' he said. 'I look backward at numbers. The agents out there and their measures aren't based so much on how many homes they've sold in the month, but foot traffic. They have a more forward look into the future.' "

WSU Podcast:  Bailout may or may not be the answer to housing crisis:  "I think the current situation makes it worth considering doing something to help troubled homeowners. But I think you have to be very careful that you don't create new regulations, or you create a bailout plan that's going to create more problems in the future." - Dr Longhofer, Director of the WSU Center for Real Estate

KSN News:  Local housing economy still booming:  "Although the housing market is doing poorly throughout the country, Wichita’s home market is going strong." - Dr Longhofer, Director of the WSU CRE

Wichita Business Journal:  Locals blame media, weather for sales dip in Wichita housing:  "It's hard to turn on the television or open and newspaper without hearing or reading about how bad things are in nation's home market. Dr. Stan Longhofer with Wichita State's Real Estate Department has advice for home buyers or sellers. "Ignore the national news when you're talking about the..."