Archive for the 'Market Conditions' Category
Precision Without Accuracy | Why Housing Statistics can be Just Plain Wrong
March 13th, 2009 categories: Market Conditions
The news loves to quote housing statistics just about everyday. It seems the housing market is the ultimate Doom and Gloom story that just keeps going. I think it is important to understand that while those numbers may be precise in most respects, homeowners should know they are not necessarily accurate. Crazy you say? I’ll be happy to explain why, using our local northwest Arkansas market statistics as an example that I am sure works across most of the country. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – February 2009
March 4th, 2009 categories: Market Conditions
February saw the ratification of the stimulus package by President Obama and a deepening of the recession with the national unemployment rate rising to 7.6% in January, up from 7.2% in December of 2008. Arkansas’ unemployment stood at 5.7% in December 2008. These factors, along with the continuing housing market issues caused sales prices in northwest Arkansas to drop in February. Read below for a detailed analysis of home prices in Northwest Arkansas. Read the rest of this entry »
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Northwest Arkansas Home Prices and Market Report – January 2009
February 16th, 2009 categories: Market Conditions
Much happened in January, a presidential inauguration, a tough economy, a slow realization by the American public that we’re not quite out of the woods yet. As the coldest of winter slides behind us so to does the worst of housing crisis, or so we hope. Foreclosures made up a fair percentage of property sales in January as evidenced by the numbers. Below is the January 2009 Northwest Arkansas home prices and market report from EXITrealestate540.com, Bon Appetito. Read the rest of this entry »
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Northwest Arkansas Housing Market Report for 2008
January 12th, 2009 categories: Market Conditions
2008. What a year! A lot has happened in the housing market and around the world. While most areas continue to suffer, the Northwest Arkansas Housing Market has fared better than the rest in terms of home values, sales, and foreclosure rates. Whether you are buying a home, selling your home, or you just want to know what the market is doing - this is downright informative stuff. Read the rest of this entry »
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Northwest AR Home Prices and Market Report for November ‘08
December 2nd, 2008 categories: Market Conditions
Turkey day with our families and the great month of November has come and gone so let’s see what Northwest Arkansas Home Prices did while the leaves fell. Read the rest of this entry »
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The Skyline Report – Northwest Arkansas Residential Real Estate Market Report for Third Quarter 2008
November 12th, 2008 categories: Market Conditions
The Skyline Report for the third quarter of 2008 is out and has some telling information about Northwest Arkansas’ Residential Real Estate Market. Read the rest of this entry »
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Everybody’s Talking about Northwest Arkansas Foreclosures, REO’s, and Short Sales, Oh MY!
November 4th, 2008 categories: Buying a Home, Market Conditions
Let’s just cut to the chase. Foreclosures, repossessions, and short sale inventories are at an all time high in Northwest Arkansas and around the country. While this is most definitely unfortunate for those homeowners going through these processes, the investor, home flipper, and deal seeker in all of us perks up at the mention of a distressed property, hoping that there may be a way for us to benefit. Here’s how to get started finding and purchasing distressed homes. Read the rest of this entry »
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