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Articles tagged with: central Arkansas home sales

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[25 Jan 2011 | 2 Comments | 2,325 views]
Central Arkansas housing market down for December, year

In spite of slightly improved numbers in December, the central Arkansas housing market last year lagged considerably behind sales in 2009.
What weighed on the market last year? A sluggish economy obviously took its toll on sales in 2010 and a high unemployment rate didn’t help things either — Arkansas closed out 2010 with a 7.9 percent unemployment rate, which is up from 7.6 percent recorded at the end of 2009. Perhaps the largest factor impacting sales was the expiration of federal tax credits for first time and repeat home buyers.
Last …

Business, News, Real Estate »

[22 Dec 2010 | 3 Comments | 2,814 views]
Central Arkansas housing market down in November, too

A Cooperative Arkansas Realtors MLS (CARMLS) report released Tuesday shows that central Arkansas housing markets struggled in November.
That’s the third housing market report released in the past week showing slumping sales last month. Last week, First Arkansas News released this report showing that sales in northwest Arkansas were down 41.9 percent last month. That report was followed by this one released by The City Wire showing sales in the Fort Smith area were down 19.56 percent last month.
The aforementioned CARMLS report showed that sales in central Arkansas — defined as …

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[23 Nov 2010 | 2 Comments | 1,879 views]
Central Arkansas homes sales down in October

Cooperative Arkansas Realtors MLS (CARMLS) released its housing market report today, showing that homes sales in central Arkansas were down again in October.
The issue at hand, of course, is the expiration of the tax credits for first-time and repeat buyers. Those credits expired at the end of April and buyers were initially given until the end of June to close on homes in order to be eligible for a tax credit.
While the “closing deadline” was extended by Congress until the end of September, most buyers who got homes under contract …

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[26 Oct 2010 | One Comment | 1,508 views]
Central Arkansas homes sales down in September

For the fourth month in a row, the sales of new and existing homes were down in central Arkansas.
There were 527 single-family, residential homes sold by Realtors through multiple listings services in Faulkner, Grant, Lonoke, Perry Pulaski and Saline counties in September — down 33.54 percent from 793 sales in the same month a year ago.
Through September, 6,057 homes were sold in central Arkansas — down 3.29 percent from 6,263 houses sold though the third quarter of 2009.
Valuations — the dollar amount of all homes sold — slipped in central …