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Articles tagged with: arkansas housing market

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[24 Jul 2012 | No Comment | 4,890 views]
Arkansas large market home sales down in June, up for year

Home sales slipped slightly in June in the 14 counties in which most sales in Arkansas take place.
Those 14 counties are located in central Arkansas, the Jonesboro area, the Fort Smith area and northwest Arkansas. Transactions in those areas make up 70 to 75 percent of all home sales in Arkansas every month.
In June, there were 1,772 homes sold during June in the major market areas measured by the The City Wire’s Arkansas Home Sales Report, down 3.22% compared to June 2011, and down 3.54% compared to June 2010. During …

Business, News, Real Estate »

[23 Mar 2012 | One Comment | 2,084 views]
Large market home sales up in February

The numbers are in and homes sales in February were up compared to the same month a year ago in three of the four largest housing markets in Arkansas.
According to the February housing market report released by The City Wire in Fort Smith, the combined number of homes sales in central Arkansas, the Fort Smith area, the Jonesboro area and northwest Arkansas totaled 1,169 in February — up 12.4 percent from 1,040 sales in the same month a year ago. The average sales price in February for those areas was …

Business, Columns and other comments, Features and such, News, Real Estate »

[2 Oct 2011 | No Comment | 1,758 views]
Homes sales up, prices down

At long last, homes sales in Arkansas are on the rise but prices have dropped.
That was the state of things in July and August at least through the Natural State. In northwest Arkansas, for example, 615 homes were sold in August – up 28.39 percent over 479 sales in the same month a year ago. Meanwhile, the average sales price in August was $157,894, down 10.14 percent from $175,714 in the same month last year.
In the central part of the state, there were 841 homes sold in August – up …

Business, News, Real Estate »

[26 Sep 2011 | No Comment | 2,089 views]
Sales up, prices down again in central Arkansas

It’s not exactly a trend yet, but the expanded August housing market report for central Arkansas shows that prices were up and sales were down for the second straight month.
Before getting into that, it’s important to point out that we’ve expanded the central Arkansas housing market reports we post monthly at First Arkansas News by adding a couple of counties — Jefferson and White.
Those two counties aren’t in the proper Little Rock-North Little Rock-Conway Metropolitan Statistical Area (MSA), but they are close enough to the region to be relevant to …

News »

[3 Apr 2011 | 2 Comments | 2,641 views]
Week in Review — March 28-April 3

Yes, it was another week full of excitement here at First Arkansas News.
We’ve written about everything from the president of the National Lum and Abner Society to a drug-selling mailman in the past few days, so it’s time for a review.
Prior to getting into that, let’s go over a couple of other things. First of all, we should have a big announcement to make on Monday Tuesday that could shake up the way we do things around here (and improve them). Make sure to stop in for that.
Second, we sure …

Features and such, News »

[18 Dec 2010 | One Comment | 1,301 views]
The Week in Review

A heck of a lot of things have happened throughout Arkansas this week.
We’ve covered some of those events here at First Arkansas News, but certainly not all of the events followed by Arkansans this week. In the interest of providing a quick summary of some of the stories we’ve followed this week, we’ve put together a synopsis of  some of the more intriguing stories that have come out this week. And, yes, we’ll do the same thing every weekend.
Before getting into all of that, let me make a quick plug …

Business, News, Real Estate »

[16 Dec 2010 | One Comment | 2,929 views]
Real estate market ‘soft’ in northwest Arkansas

The real estate market in northwest Arkansas was still suffering from a tax credit hangover in November as sales dropped 41.9 percent compared to the same month a year ago. Through November, sales were down 9.8 percent in northwest Arkansas for the year.
A smallish graph showing November’s numbers is listed above, but do yourself a favor and grab a larger report — click that headache-inducing graphic for a larger one, click here for the Excel version of the November housing market report for northwest Arkansas or here for the PDF. …

Commentary, Politics »

[5 Dec 2010 | 8 Comments | 3,971 views]
The latest confusing foreclosure news

Trying to keep up with what’s happening with foreclosures around the nation is confusing, indeed.
At the end of November, Fannie Mae and Freddie Mac – the government-sponsored enterprises which underwrite the bulk of mortgages in the United States – told real estate agents to resume with sales of foreclosed properties. That was a significant announcement as Fannie and Freddie had about 240,000 properties set for foreclosure at the end of September.
Concerns over the adequacy of paperwork filed in foreclosure actions, however, caused Fannie and Freddie to order a halt to …