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Spotlight: Overland Park, Kan.
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Market

Housing units (including one-unit, two or more units, and mobile homes): 71,187

  • Housing units in 2000: 62,586

Homeowner-vacancy rate: 2.1 percent

  • Vacancy rate in 2000: 1 percent
  • U.S.: 2.7 percent

Single-family-residential building permits: 186

  • Permits in January 2007: 355

Multifamily-building permits in MSA (2008): 1,830

  • Permits in MSA in 2007: 1,524
  • Permits in MSA in 2003: 1,689

Median monthly housing costs: $1,667

  • Median monthly housing costs in 2000: $1,296
  • U.S.: $1,402

Single-family loan-origination volume (2007): $1.32 billion

  • Volume in 2006: $1.51 billion

Single-family refinance volume (2007): $538.4 million

  • Volume in 2006: $551.1 million

Refinances as a percentage of total loan volume (2007): 40.7 percent

  • Percentage in 2006: 36.6 percent
  • Percentage in 2000: 29.8 percent

Loan denials (2007): 2,116

  • Denials in 2006: 2,661

Industry

Licensed brokerages:

  • Overland Park: 60
  • Kansas: 579

Résumé

  • Largest employers: Sprint Nextel Corp., Shawnee Mission School District, Embarq, Black & Veatch Corp., Blue Valley School District
  • 9th-best U.S. small city in which to live in 2008 (CNNMoney.com)
  • Best Kansas city to raise a child (BusinessWeek)

Tony Stasiek is the editor of Scotsman Guide. Reach him at (800) 297-6061 or tony@scotsmanguide.com.



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