Town Talk | In a sign of how hot local real estate market

Town Talk | In a sign of how hot local real estate market is, 45% of all homes sold above their asking price in March | News, Sports, Jobs - Lawrence Journal-World: news, information, headlines and events in Lawrence, Kansas


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Sometimes when I’m at an auction and find an item I really must have, I let my right hand bid against my left hand just to double my chances. Lawrence’s real estate market is taking on that type of feel. You’d better have both bidding fingers ablazin’, and even that might not be enough.
Lawrence home sales fell significantly in March, but average selling prices took a big jump up, according to the latest numbers from the Lawrence Board of Realtors. The decline in the number of homes sold was the largest in at least a year, and the president of the local Realtors association has a thought on what is slowing the market down: frustration with the word ‘no.’

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