Kansas City ranks No. 39 among the nation’s 50 largest cities for the percentage of homes on the market as of July 1 that have had at least one price cut, according to a study by Trulia compiled data for the study from live listings on its Web site as of July 1 and tracked all price changes dating to July 1, 2008. City data are for listings within the cities’ boundaries, not for metropolitan areas.

Denver: Q&A With Denise Burgess of the Denver Urban Renewal Authority
Denise Burgess heads the board of directors for the 51-year-old Denver Urban Renewal Authority. She owns the construction services company Burgess Services LLC in Aurora and has often has taken the unconventional path in life. Full Story

San Jose: South Bay Home Sales Stronger in Spring; Builders Hope Trend
Stronger-than-expected home sales through the spring selling season have boosted the spirits of those South Bay builders still standing amid the worst housing downturn in memory. Builders say tax credits from the state and federal governments played a major role in sales figures that also were helped by low interest rates, pared-down prices and a sense that the market had reached bottom. Full Story

Stronger-than-expected home sales through the spring selling season have boosted the spirits of those South Bay builders still standing amid the worst housing downturn in memory. Builders say tax credits from the state and federal governments played a major role in sales figures that also were helped by low interest rates, pared-down prices and a sense that the market had reached bottom.

Memphis: Builders of Low- to Medium-Income Housing Anxiously Await HUD Stimulus
Tennessee Housing Development Agency officials are mulling how they’ll allocate $87.6 million in American Recovery and Reinvestment Act funds to jump start delayed building projects across the state. THDA recently posted its selection of Tennessee builders on the organization’s Web site. Builders eligible for the funds build and manage single and multi-family rental units for low- to-medium-income families. Fully Story

Tennessee Housing Development Agency officials are mulling how they’ll allocate $87.6 million in American Recovery and Reinvestment Act funds to jump start delayed building projects across the state. THDA recently posted its selection of Tennessee builders on the organization’s Web site. Builders eligible for the funds build and manage single and multi-family rental units for low- to-medium-income families.

Baltimore: Without $30M in Stimulus Cash, East Baltimore Project's Homes Stalled
Leaders of a massive residential and commercial redevelopment effort near Johns Hopkins Hospital may have to wait a year or two to build new homes if they don’t get $30 million in federal stimulus money that could jump-start the stalled east-side project. East Baltimore Development Inc. is applying to the U.S. Department of Housing for $30 million in grants to demolish abandoned rowhomes, redevelop vacant housing units and finance the development of mixed-income rental housing as part of the second phase of the $1.8 billion, 88-acre project. The nonprofit expects to get its answer in November. Full Story

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