Kansas City School District’s Problems Weigh on the Housing Market

Friday, October 7, 2011

Home sellers Pete and Rennie Davis face some tough challenges in getting the price they want — a down economy, tighter mortgage rules, even dozens of other homes for sale.

And now there’s this: Their well-kept Brookside structure sits smack in the middle of the Kansas City School District, which will soon lose its state accreditation.

Not the kind of thing they’ll be including on their “home for sale” flier.

“It does make it a little tougher,” Pete Davis acknowledged last week, discussing the state’s recent decision to pull the district’s provisional accreditation at the start of next year. “It’s now in the news media, so even people from out of town are going to know about it.”

The couple have opened the home for viewing on several recent Sundays and adjusted their asking price. So far it remains unsold, despite Brookside’s reputation as a desirable area to live.

To be sure, the Davises — and real estate agents and home selling experts — say the Kansas City schools aren’t completely to blame for slow housing sales. Location, condition, price, even Kansas City’s 1 percent earnings tax can scare off some prospective buyers, not to mention fears of another recession.

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