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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 …

Business, News, Real Estate »

[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 …

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[22 Sep 2010 | 4 Comments | 1,490 views]
August homes sales down in central Arkansas

Thanks to the fine folks over at Cooperative Arkansas Realtors MLS (CARMLS) and ezMLS, the August housing market report for central Arkansas is ready.
Want a copy? Sure you do! Grab your Excel copy of the August report by clicking here (you’ll find the PDF here).
The long and short of it is this — every county in central Arkansas reported declining sales in August. That should come as a surprise to no one — National Association of Realtors Chief Economist Lawrence Yun said to expect dropping sales after the tax credit …