Overland Park, one of Kansas City’s fastest growing suburbs, has seen more than just a new housing slowdown, the Kansas City Star reports.
February ended without the issuance of a single new home permit, a stark contrast to the 1990s when about 1,100 were issued every month.
City officials blame the economy, which is a good bet, but I wonder if Overland Park just isn’t built out. Overbuilding is the biggest enemy of any housing market, and you wonder if the city won’t confront that soon.