The Kansas City Star has given downtown a passing grade on it's work from 2005 to 2007. The report shows the condo resale prices being up 45% during this time period and many other positive gains. Read full report here.
What it doesn't show is the current market/environment. First quarter 2010 shows signs of a economic turnaround with 50 condominium sale occurring. However with 687 condos still on the market, it would take 3 years to clear out the current condo inventory, which leaves sellers in a pinch. Difficulty securing lending is high on the list of reasons for the backlog.
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