Realtors in Lawrence, KS are asking for something they haven’t in a long time.  More inventory.  It’s not just any homes they are looking for.  As May 1, 2010 looms, ushering in the expiration of the Federal Home Buyer’s Tax Credit (which offers many first time home buyers an $8,000 tax credit and some existing home owners a $6,500 tax credit) Lawrence agents are strapped to find move in ready homes for their buyers between $120,000 and $150,000.  Well stages homes in the 120K - 150K range are in strong demand as buyers compete to obtain a binding sales contract before May 1st.  To learn more about how the tax credit has been distorting the real estate market in Lawrence, Kansas check out Tanya Kulaga’s monthly market analysis at www.SearchLawrence.com.

LINK: Real Estate sales trends in Lawrence, KS [www.SearchLawrence.com]