Founding Director, WSU Center for Real Estate
Professor and Stephen L. Clark Chair of Real Estate and Finance
Dr. Stan Longhofer is Professor and Stephen L. Clark Chair of Real Estate and Finance in the Barton School of Business at Wichita State University and is the founding director of the Center for Real Estate. In this role, Dr. Longhofer provides research services and educational programs to real estate professionals throughout the region and is the author of the Center’s annual Kansas Housing Markets Forecast. His insights regarding real estate market conditions are widely quoted in local and national media outlets, including the Economist, Forbes, USA Today, and the Christian Science Monitor, and he has been featured as an op-ed columnist in the Washington Post and the Wall Street Journal’s online edition.
Dr. Longhofer earned his Ph.D. in economics from the University of Illinois and worked as an economist with the Federal Reserve Bank of Cleveland prior to coming to WSU.
Because of his deep engagement with real estate professionals throughout the region, the Realtors of South Central Kansas recognized Dr. Longhofer as their 2019 Citizen of the Year, and in 2021 he received the Lifetime Achievement Award from the Kansas CCIM Chapter and WSU Center for Real Estate for his contributions to the commercial real estate industry in Wichita.
Office: 308S Woolsey Hall
Phone: (316) 978-7163
Email: stan.longhofer@wichita.edu
Complete curriculum vitae
Hi-resolution photo of Dr. Longhofer in JPG format (548.71 KB)
| Degrees | Ph.D. in Economics, University of Illinois at Urbana Champaign, 1995 M.S. in Economics, University of Illinois at Urbana Champaign, 1991 B.B.A. in Economics, Wichita State University, 1989 |
| Research Interests | Real Estate Markets Housing Market Dynamics Land Valuation |
| Teaching Interests | Mortgages and Mortgage Markets Real Estate Investment Analysis Real Estate Valuation Principles of Real Estate |
Selected Research
Land Leverage: Decomposing Home Price Dynamics
Real Estate Economics, vol. 35, no. 2, Summer 2007, pp. 183-208
Estimating Location Premia using Fixed Effects – A Semi-Local Approach
Current draft: March 2024
Estimating Land Values using Residential Sales Data
Journal of Housing Economics, Vol. 58, Part A, December 2022
Land Values and External Obsolescence
The Appraisal Journal, Spring 2021, vol. 89, no. 2, pp. 95-103.
Less Than Nothing: Land Value Taxation when Land Values are Negative
Current draft: March 2012
The Housing Wealth Effect: The Crucial Roles of Demographics, Wealth Distribution and Wealth Shares
Critical Finance Review, vol. 2, no. 1, July 2013, pp. 49-93