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[15 Jul 2014 | 3 Comments | 12,482 views]
The Nobles Law Firm is now open

As of July 1, the Nobles Law Firm opened its doors in scenic downtown Benton and is now accepting clients. The firm’s sole lawyer is Ethan C. Nobles (me!), managing editor of First Arkansas News.
Those who know me are aware that I used to practice law at a firm called Nobles, Poore & Jones (later called just Nobles & Poore after Jones went off to Tunica to deal cards) for four years in Fayetteville. Those who know me really well are aware that I totally hated every minute of that …

Business, News, Real Estate »

[26 Jul 2013 | 2 Comments | 5,751 views]
Arkansas metro home sales up in June

The City Wire in Fort Smith has posted its June Arkansas Homes Sales Report for four metro areas in Arkansas and sales numbers continued to climb during that month.
The report covers the four largest metros in Arkansas — central Arkansas, the Fort Smith area, the Jonesboro area and northwest Arkansas. Except for the Fort Smith area, all metros reported gains in sales for June. Furthermore, sales for the six months of 2013 were up 9.57 percent compared to the first half of 2012. Average sales prices in those areas stood …

Business, News, Real Estate »

[26 Jun 2013 | One Comment | 2,558 views]
Arkansas home sales up through May

Housing markets in Arkansas continued to improve in May according to the latest version of the Arkansas Home Sales Report from The City Wire in Fort Smith.
The monthly Arkansas Home Sales Report covers the four largest areas of the state — central Arkansas, Fort Smith, Jonesboro and northwest Arkansas. In those areas, sales were up more than 10 percent through May and average sales prices were up 15 percent for the first five months of the year. The only one of those areas to show declines in sales through May …

Week in Review »

[2 Jun 2013 | No Comment | 1,692 views]
Week in Review (May 26-June 1)

It’s the start of a new week, so that means it’s time to take a look at what went on last week here at First Arkansas News through our Week in Review series. It would be an outright tragedy if our tens of fans missed a post or two, so we rehash revisit our most resent stories as a matter of convenience. And, oh yes, we covered a lot of ground last week — we did a little something to honor veterans on Memorial Day, paid a visit to the …

Business, News, Real Estate »

[27 Jun 2012 | 8 Comments | 17,817 views]
Arkansas home sales solid in May

While April was a down month for Arkansas housing markets, May was strong and falls in line with Economist Michael Pakko’s prediction that residential real estate sales will pick up this year.
While residential homes sales in the largest four markets in Arkansas through May were up over last numbers, they still lagged behind market activity in 2010.
Earlier in the year, Pakko predicted markets will improve this year. It is worth mentioning, however, that 2011 was the worst year for sales since 2005 (and there are no statewide housing market reports …

Business, News, Real Estate »

[23 Apr 2012 | No Comment | 2,002 views]
Arkansas homes sales up in first quarter

Homes sales in the major markets in Arkansas were up in the first quarter compared to the first three months of 2011.
For the purposes of this report, the major markets are located in the 14 counties of central Arkansas, the Fort Smith area, the Jonesboro area and northwest Arkansas. About 70 to 75 percent of the homes sold in Arkansas are in those combined four areas.
Through March, sales closed on 3,675 homes in those areas — up from 3,521 in the first quarter last year. The first quarter sales are …

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

[25 Mar 2012 | No Comment | 3,248 views]
Been through a foreclosure? You may be eligible for a review

If your home was tangled up in the foreclosure process in 2010 or 2011, you may be entitled to an independent review which will determine if you are entitled to compensation.
The clock is ticking on that process, however – people wanting a review must request one by the end of July.
In essence, the federal Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Board of Governors of the Federal Reserve investigated 14 major mortgage servicers accused of engaging in unfair foreclosure practices. The end result …

Business, News, Real Estate »

[23 Mar 2012 | One Comment | 2,141 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, News, Real Estate »

[22 Feb 2012 | One Comment | 2,358 views]
Large-market home sales down in January

The City Wire in Fort Smith has released its inaugural Arkansas Homes Sales Report today, showing that real estate markets were down in the four largest areas of the state in January.
The report covers 14 counties in Arkansas, but those are the most populous ones and around 70 to 75 percent of home sales take place in those counties.The report will be released monthly by The City Wire and will contain in-depth commentary from economists and Arkansas Realtors dealing with markets on a day-to-day basis.
Market data for central Arkansas and …

Business, News, Real Estate »

[19 Jan 2012 | One Comment | 3,402 views]
Central Arkansas housing market down in December, year

In spite of five straight months of improving market conditions, homes sales in central Arkansas were down in December and for the year.
For the purposes of this report, central Arkansas includes five counties squarely in the Little Rock-North Little Rock-Conway Metropolitan Statistical Area — Faulkner, Grant, Lonoke, Pulaski and Saline — as well as Jefferson and White counties which are not properly within that MSA. In those seven counties, there were 633 single-family, residential units sold in December — down 2.76 percent from 651 closed transactions in December 2010 and …